Godrej Finance launches supply chain finance business to expand MSME lending Mediabrief.com
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South Korean steelmaker POSCO and KB Kookmin Bank have signed a memorandum of understanding to launch a dedicated supply chain finance service for the steel industry. The initiative aims to enhance liquidity and provide financial support to companies operating across the steel production and distribution chain. This partnership is specifically designed to stabilize the supply chain during a prolonged downturn in the global steel market.
July 13, 2026Posco and KB Kookmin Bank have signed a memorandum of understanding to establish a dedicated supply chain finance service for suppliers in the steel industry. The partnership aims to enhance liquidity for partner companies by providing easier access to funding during periods of delayed payments or collateral shortages. This initiative represents a significant collaboration between South Korea’s manufacturing and financial sectors to stabilize the industrial supply chain amidst a prolonged market downturn.
July 10, 2026POSCO has partnered with KB Kookmin Bank to launch a dedicated supply chain finance (SCF) service aimed at enhancing liquidity for its steel industry clients. The initiative integrates KB Kookmin Bank’s lending programs directly into POSCO’s digital order and delivery platform, 'My POSCO,' to streamline the financing process. By addressing challenges such as delayed payment collection and collateral shortages, the program seeks to stabilize the steel supply chain and reduce financial burdens for participating companies.
July 9, 2026POSCO Holdings has entered into a memorandum of understanding with KB Kookmin Bank to introduce a dedicated supply chain finance service for customers within the steel business ecosystem. The collaboration aims to alleviate financial risks and liquidity challenges for steel buyers by providing streamlined loan support and preferential interest rates. This initiative represents a strategic effort to bolster the domestic industrial supply chain through integrated financial technology and ESG consulting services.
July 9, 2026