Signing of Strategic Business Partnership Agreement Including Launch of Credit Loan Products for Young Professionals
BNK Gyeongnam Bank is strengthening its cooperation with Toss, one of the world's top 100 unicorn companies, to jointly develop loan products and activate partnership channels.
On the 6th, BNK Gyeongnam Bank signed a "Strategic Business Partnership Agreement for the Launch of Credit Loan Products for Young Adults" with Toss (Viva Republica).
Bank President Ye Kyung-tak visited Toss headquarters (Yeoksam-dong, Gangnam-gu, Seoul) and held a signing ceremony for the "Strategic Business Partnership Agreement for the Launch of Credit Loan Products for Young Adults" with CEO Lee Seung-geun.
The credit loan product for young adults is a Toss-exclusive loan product that uses Toss Score, an alternative evaluation information system. Additionally, the non-face-to-face loan application process has been improved to provide convenience by allowing loan applications without additional app installations or separate membership registrations.
In the future, loan products available not only for young adults but also for individual business owners and professionals will be additionally provided in Toss’s "Get a Loan" service.
President Ye said, “To strengthen digital finance, we have signed a strategic business partnership agreement with Toss, the only domestic company among the global top 100 unicorns, and are cooperating. If BNK Gyeongnam Bank and Toss effectively utilize their digital technologies, we will be able to easily provide convenient financial services to customers.”
He added, “We expect that the Toss-exclusive credit loan products to be launched in the future will greatly help young adults who have high demand for funds such as jeonse deposits but lack information (lower credit ratings). BNK Gyeongnam Bank will continue to cooperate with excellent fintech companies like Toss to strengthen digital finance and improve customer convenience.”
CEO Lee of Toss said, “It is meaningful that Toss, which has a mission to create convenient and equitable finance for everyone, is cooperating with BNK Gyeongnam Bank, which pursues win-win finance. We expect that this agreement will enable us to carry out businesses for a wider range of financial consumer groups beyond just young adults.”
Currently, BNK Gyeongnam Bank, through collaboration with Toss, is selling ▲BNK Mobile Credit Loan ▲BNK Mobile Credit Loan Plus ▲Warm Sunshine Loan Bank on the Toss app’s "Get a Loan" service.
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