Unionized workers at internet-only Kakao Bank have voted to launch a full-scale strike on July 31 after wage and benefit negotiations with management failed. This follows ongoing labor disputes and strikes at its parent company, Kakao Corp.
Kakao Bank announced it has provided an additional KRW 1.2 trillion in loans to low-to-mid credit borrowers by utilizing an alternative credit scoring model based solely on non-financial data. This model, developed in-house, has enabled the bank to approve loans for approximately 12% of borrowers who would have been rejected by traditional methods.
Kakao Bank's 'Personal Business Real Estate Secured Loan' product has been listed on Naver Pay's loan comparison service, offering interest rates starting from the low 2% range for personal business owners seeking up to 1 billion won.
SEOUL, May 6 (Yonhap) -- Leading online lender Kakao Bank said Wednesday it post...
