Search results for Supply chain finance
AI & Enterprise
Techfin Ratings, KCB to jointly pursue corporate CB business
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.
Finance
Shinhan Bank builds specialised hubs in southwest, southeast to support balanced national growth
Shinhan Bank said on March 15 it will build specialised hubs in the country’s southwest and southeast to support regional industrial competitiveness and job creation in line with its “5 poles, 3 special zones” balanced growth strategy. It will launch a Gwangju AI cluster and a Busan vessel MRO cluster tied to shipbuilding and defence. The bank also plans to expand consumer protection, local hiring, digital finance education and support for small merchants and regional universities.
Finance
FSS chief urges banks to curb household debt and strengthen consumer protection
Lee Chan-jin (이찬진), head of South Korea\'s Financial Supervisory Service, met chief executives of 20 domestic banks and called for stronger consumer protection and internal controls. He urged stable management of household debt and steps to channel bank funds into productive sectors. He also told banks to reassess high-risk product sales practices amid ongoing controversy over Hong Kong H-index equity-linked securities. Lee urged proactive governance reforms and said oversight would shift to a preventive, consumer-protection-focused approach.
