POSCO and KB Kookmin Bank, 7month 9sign supply-chain finance agreement for 'K-Steel' on day
POSCO and KB Kookmin Bank 2026year 7month 9signed an agreement to establish a supply-chain finance system on day. The agreement centers on providing liquidity support to small and midsize partner companies and introducing BaaS-type financial solutions, while the Korea-Mongolia Business Forum on 7month 10day discussed expanding cooperation in critical minerals and AI.
POSCO and KB Kookmin Bank 2026year 7month 9signed an agreement centered on establishing a supply-chain finance system on day. The agreement aims to ease liquidity problems faced by small and midsize partner companies.
The signing ceremony was held at the POSCO Center in Seoul. The two companies agreed to provide ultra-low-interest loans and introduce BaaS-type financial solutions.
According to reports, POSCO and KB Kookmin Bank agreed to jointly design a supply-chain finance structure to support customer-company liquidity. The specific implementation schedule and eligible companies will be determined later.
During the same period, 2026 year 7 month 10 day, the Korea–Mongolia Business Forum was held, where discussions covered expanding cooperation in critical minerals, AI, and consumer goods. Minister Koo Yoon-cheol expressed his willingness to cooperate on critical-mineral supply chains.
POSCO said it would provide ultra-low-interest loans to small and midsize customer companies. Reports said KB Kookmin Bank would handle the financial platform and loan disbursement roles.
The two announcements addressed supply-chain finance and cooperation on critical minerals and technology, respectively. Both sides said they would prepare detailed implementation plans and carry them out in stages.