POSCO and KB Kookmin Bank to provide ultra-low-interest supply chain financing to small and midsize steelmakers
POSCO and KB Kookmin Bank 2026 year 7 month 9 day entered into a supply chain finance agreement and decided to provide ultra-low-interest loans to small and midsize steelmakers through a BaaS-type financial solution. During the same period, the Korea-Mongolia Business Forum discussed expanding cooperation on critical-mineral supply chains, AI, and consumer goods.
POSCO and KB Kookmin Bank 2026 year 7 month 9 day signed a financial agreement at the POSCO Center in Seoul to promote mutual growth in the K-Steel supply chain. The agreement aims to resolve liquidity problems faced by small and midsize steelmakers.
KB Kookmin Bank announced that it would introduce a BaaS-type financial solution to provide ultra-low-interest loans and liquidity support to POSCO partner companies. POSCO said it would participate in establishing a supply chain finance system for its partner companies.
The agreement ceremony was held on 2026 year 7 month 9 day, and the two institutions said they would continue executing and providing financial support based on customer credit and transaction data. The companies explained that the objective was to ease funding difficulties for small and midsize customers.
During the same period, 2026year 7month 9~10Minister Gu Yun-cheol proposed expanding cooperation on critical-mineral supply chains and strengthening cooperation in AI and consumer goods at the Korea–Mongolia Business Forum held from day to day. The forum addressed strengthening cooperation related to critical minerals as an agenda item.
Announcements related to the POSCO–KB agreement and the Korea–Mongolia forum were released in succession in early 2026year 7month. It was confirmed that moves by the government and companies to secure supply chains and funding support, respectively, emerged around the same time.