Gyeongnam Bank and Geoje City Deliver Hope to Local Small Business Owners

Up to 10 Million Won in Low-Interest Loans

Special Loan Support of 2 Billion Won to Be Provided

BNK Gyeongnam Bank is promoting a relay-style project that delivers hope to local small business owners.

On the 21st, BNK Gyeongnam Bank signed a 'Small Business Owners Hope Sharing Project Business Agreement' with Geoje City.

BNK Gyeongnam Bank signed a 'Small Business Hope Sharing Project Business Agreement' with Geoje City.

Bank President Ye Gyeongtak visited Geoje City Hall and signed the 'Small Business Owners Hope Sharing Project Business Agreement Ceremony' with Mayor Park Jongwoo.

According to the business agreement, the two organizations agreed to establish a mutual cooperation system to provide financial support to small business owners and employees in the Geoje area who are experiencing difficulties in their livelihoods due to decreased sales caused by the economic downturn.

In particular, BNK Gyeongnam Bank decided to support a special loan totaling 2 billion KRW, which can be received at a low interest rate up to 10 million KRW per individual.

Individual business owners and employees of the relevant businesses in the Geoje area who wish to apply for the special loan can inquire in advance and then visit the BNK Gyeongnam Bank Geoje Corporate Finance Center, Geoje Branch, or Okpo Branch by the end of this year.

Mayor Park Jongwoo said, “We will do our best to provide direct assistance to small business owners who are facing management environment risks such as the triple crisis and rising energy burdens.”

Bank President Ye said, “The Small Business Owners Hope Sharing Project is a local small business support project focused on revitalizing the regional economy. Since it is being promoted in cooperation with Geoje City, I hope many local small business owners and employees will use the special loan to gain hope.”