Finance
KB Kookmin Bank to supply 1.53 trillion won in private mid-interest-rate loans
KB Kookmin Bank said on May 4 it will supply 1.53 trillion won in private mid-interest-rate loans this year. In the first quarter, it provided 306.8 billion won to mid- and low-credit borrowers, the biggest performance among banks, accounting for about 48 percent of the combined supply from the four major commercial banks. The bank plans to expand supply using dedicated credit assessment models and refinancing loan products, and will launch additional products for youth borrowers.