BGF Retail and KB Kookmin Bank Sign Business Agreement... "Distribution and Finance Synergy"

BGF Retail, which operates the convenience store CU, announced on the 9th that it has signed a business agreement with KB Kookmin Bank to create online and offline synergy.

Song Ji-taek, Head of Innovation Division at BGF Retail (left), is taking a photo with Jung Moon-chul, Vice President of KB Kookmin Bank, at the business agreement ceremony.

Through this agreement, BGF Retail will link the main services of its membership application, Pocket CU, with KB Kookmin Bank's financial platform.

The two companies plan to develop a system that allows adult verification at CU stores using KB Kookmin Bank's certificate or application, and enables parcel reservations or unmanned store access authentication through the KB financial platform. They also plan to utilize customer data held by each company to provide customized services and marketing.

Song Ji-taek, Head of Innovation Division at BGF Retail, said, “The partnership with KB Kookmin Bank is expected to enhance core services of both companies, improve customer convenience, and strengthen competitiveness within the industry. Going forward, BGF Retail will continue to strive to enhance content competitiveness and increase franchise profitability through active data convergence activities with the financial industry.”