Finance
Jeju Bank unveils \'DJ Bank\'; Shinhan chair says ERP banking can help surpass regional bank limits
Jeju Bank unveiled the first solutions for its digital corporate finance brand, DJ Bank, on Wednesday at Thezoin Eulji Tower in central Seoul. The event presented the basis for an ERP-banking business alongside the brand’s launch. The solutions include an alternative credit evaluation model, a corporate parking account product, loans to support AX solutions and an ERP-linked receivables-backed loan. Shinhan Financial Group Chairman Jin Ok-dong said ERP banking is a new corporate finance model.
