"Let's Practice Win-Win Finance" ... BNK Kyongnam Bank Actively Supports Local Small Business Owners

'Hope Sharing Win-Win Finance Business Agreement for Small Business Owners'
Loan Support for Small Business Owners in Geoje, Miryang, and Hapcheon County

BNK Kyongnam Bank announced on the 31st that it has been continuously signing the 'Small Business Owners Hope Sharing Win-Win Finance Business Agreement' with cities and counties in Gyeongnam to practice mutually beneficial finance.

Small Business Hope Sharing Win-Win Finance Business Agreement (Geoje City, Miryang City, Hapcheon County).

The Small Business Owners Hope Sharing Win-Win Finance Business Agreement is being promoted to promptly provide funds to local small business owners who are struggling with declining sales due to the economic downturn, and to contribute to the revitalization of the local economy.

BNK Kyongnam Bank signed the Hope Sharing Win-Win Finance Business Agreement with Geoje City on the 27th and with Miryang City and Hapcheon County on the 29th.

According to the agreement, BNK Kyongnam Bank will provide a total of 2 billion KRW in credit loans to small business owners located in the three cities and counties of Gyeongnam.

The support targets are individual business owners in the relevant regions with annual income of 40 million KRW or less, and loans of up to 20 million KRW will be provided at low interest rates without collateral or guarantee.

The repayment method is installment repayment within five years, and there is no prepayment fee.

Small business owners wishing to receive credit loan support should inquire in advance and then visit the BNK Kyongnam Bank branch located in their respective region.

Park Sangho, Executive Director of the Customer Marketing Division, said, "In order to promote effective projects related to supporting local small business owners, we are signing the Hope Sharing Win-Win Finance Business Agreement with cities and counties in Gyeongnam. We are actively working to ensure that low-interest credit loan funds can be smoothly provided to local small business owners. Going forward, BNK Kyongnam Bank plans to continue coming up with measures that can both contribute to revitalizing the local economy and provide practical support for local small business owners."

Meanwhile, BNK Kyongnam Bank also signed the Hope Sharing Win-Win Finance Business Agreement with Changwon Special City on April 22, Ulsan Metropolitan City on April 23, and Yangsan City on May 17.