iM Bank-Kakao Bank, Loan Comparison Partnership Model to Launch

Strategic Business Partnership Agreement Signing

iM Bank and Kakao Bank announced on the 13th that they have signed a strategic business partnership agreement. Through this agreement, they plan to explore multifaceted cooperation in comprehensive business areas such as products and services.

The signing ceremony was held on the 12th at the iM Bank headquarters located in Suseong, Daegu, attended by Hwang Byeong-woo, President of iM Bank, Yoon Ho-young, CEO of Kakao Bank, and other representatives from both companies.

As part of the agreement, the two companies will establish a joint loan comparison service model unique to each. In the future, through the mortgage loan comparison service launched by Kakao Bank, customers will be able to select iM Bank’s mortgage loan products directly within the Kakao Bank application (app) without complicated procedures, and proceed with application review and result confirmation.

Hwang Byung-woo, CEO of iM Bank (left in the photo), and Yoon Ho-young, CEO of KakaoBank, are posing for a commemorative photo at the 'Strategic Business Partnership' agreement ceremony held on the 12th at the iM Bank headquarters. Provided by iM Bank and KakaoBank

After the signing ceremony, CEO Yoon gave a lecture titled “The Future of Finance” to iM Bank employees, presenting strategic directions to lead digital finance based on Kakao Bank’s success story.

President Hwang stated, "Through this agreement, iM Bank will lead innovation in financial products and services together with Kakao Bank, providing customers with more convenient and differentiated financial services. We will continue to contribute to the development of the financial industry through ongoing cooperation."

CEO Yoon said, "I am very pleased to collaborate with iM Bank for the future of digital finance," adding, "We will strive to lead greater innovation through this partnership."