Douzone Bizon said its fintech affiliate Techfin Ratings signed an MOU with Korea Credit Bureau to jointly pursue a corporate credit bureau business. The two companies plan to combine data, networks of financial firms and corporate evaluation capabilities to build a new system for corporate assessment and supply chain finance in South Korea. They also plan joint research, business model development, marketing and external communications.

IBK Industrial Bank of Korea outlined a new growth strategy focused on support for small and midsize firms, AI-driven digital transformation and stronger inclusive finance, CEO Jang Min-young (장민영) said. Jang said inclusive finance should go beyond providing low-interest loans and cover support across the full cycle, including helping vulnerable borrowers after funding and aiding recovery when problems arise. He also said the bank is reviewing issues in the current credit-rating system and other measures.