{
  "id": 9072127,
  "title": "Internet-only banks, regional lenders expand alliances to corporate lending",
  "url": "https://urgent.news/2026/09/22/internet-only-banks-regional-lenders-expand-alliances-to-corporate-9072127",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T03:27:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/banking-finance/20260922/internet-only-banks-regional-lenders-expand-alliances-to-corporate-lending"
  },
  "original_language": "en",
  "account": "Korea's internet-only banks and regional lenders are branching out from consumer credit to offer corporate lending, according to industry officials. KakaoBank and Busan Bank are planning to launch a joint lending program for small and medium-sized businesses and sole proprietors. This partnership, announced in April through a memorandum of understanding, will combine KakaoBank's nationwide digital platform with Busan Bank's expertise in assessing and managing business loans in its regional market. While most previous co-lending partnerships between the two institutions have focused on consumer credit, the expansion into business lending marks the next logical step. The incentives for both parties are evident: internet-only banks, which have primarily relied on household lending, are looking to diversify their revenue streams by working with regional lenders.",
  "summary": "Korea’s internet-only banks and regional lenders are expanding their co-lending partnerships beyond consumer credit into corporate lending, as they each look for new ways to grow their businesses, industry officials said Monday. KakaoBank and Busan Bank are preparing to launch a joint lending program for small and medium-sized businesses and sole proprietors, following a memorandum of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Internet-only banks, regional lenders expand alliances to corporate lending",
        "url": "https://urgent.news/2026/09/22/internet-only-banks-regional-lenders-expand-alliances-to-corporate",
        "published": "2026-09-22T03:17:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}