Search results for guaranteed loans
Finance
Hana Bank, Credit Guarantee Foundation Federation to fully digitise small business guaranteed loans
Hana Bank said it will introduce a one-stop, non-face-to-face service for guaranteed loans for small merchants and sole proprietors in partnership with the Credit Guarantee Foundation Federation. From September, customers will be able to complete the entire process, from applying for a guarantee to loan execution, through the federation’s Bojeungdream app. The service uses Hana Bank’s banking-as-a-service platform and public MyData to transfer required documents automatically.
Finance
MyData market expands as Korea faces impact of consecutive base rate hikes
Korea\'s financial MyData service is set to expand beyond individuals to sole proprietors and small merchants, evolving from simple data checks to executing financial tasks. The Financial Services Commission plans to broaden the right to request transmission of credit information and to introduce a \"My AI agent\". Separately, the Bank of Korea has raised its base rate for a second straight month, adding to upward pressure on loan rates and borrowers\' interest burdens.
Games & Commerce
Toss Bank posts record first-half net profit of 58.9 billion won
Toss Bank posted a first-half net profit of 58.9 billion won, its highest for any half-year, up 46 percent from a year earlier. Second-quarter net profit rose to 29.4 billion won. Loans outstanding increased 3.3 percent, while policy finance supply expanded and the share of guaranteed loans rose. Deposits fell year on year. Asset quality improved, with delinquencies and NPL ratios lower.
-
Finance
KB Kookmin Bank to support 3.5 trillion won in guaranteed loans for industrial complex firms
-
Finance
Hana Bank to provide 200 billion won financial support for young entrepreneurs with Kibo and Kodit
-
Finance
Hana Bank to expand financial support in Incheon, launch 200 billion won unicorn fund
-
Finance
KakaoBank expands interest support for small merchants nationwide, to supply 1.2 trillion won in guaranteed loans
-
Finance
Hana Financial appoints Lee Seung-yeol as CIFO to strengthen inclusive finance governance
-
Finance
Kbank first-half net profit falls; SOHO loans double in a year
-
Finance
IBK Industrial Bank of Korea to provide 100 billion won financial support to Hyundai-Kia partners
-
Finance
Digital asset cross-industry ties spread as top 4 financial groups post 11 trillion won profit era
-
Finance
Hana Bank contributes 5.5 billion won to Incheon credit guarantee foundation to expand loans for small merchants
-
Finance
Big tech financial platforms tighten internal controls; banks compete for young customers
-
Finance
Bank new loan interest burden to ease from July
-
Finance
Toss Bank Q1 net profit 29.6 billion won, up 58.3 percent
-
Finance
Hana Financial activates 3 trillion won inclusive finance roadmap, expands mid-rate loans and debt write-offs
-
Finance
Shinhan Bank to provide 7.5 billion won in guaranteed loans for Incheon mid-to-low credit firms
-
Finance
KakaoBank to provide 125 billion won in financial support for small merchants in Seoul