KB Kookmin Bank is partnering with iQuest to expand embedded finance services for small and medium-sized firms. The bank said it signed an agreement with iQuest to link SME ERP systems with financial services and broaden inclusive finance. The two plan to build a B2B embedded finance model integrating payments, cash management and financial products. Services will expand in stages, including automated transaction data collection and ERP-based product recommendations.

Hana Bank said it signed a business agreement with the Korea Strong SME Association on April 16 to strengthen small but competitive companies’ domestic and global competitiveness and expand productive financing. The two sides plan to cooperate to encourage member firms to shift funds into productive sectors, enhance brand value and reinforce support for global expansion. Hana Bank plans to expand preferential interest rates and fees, tailored financial consulting and trade-related financing, and support adoption of retirement pension schemes.