Kim Tae-young, Chairman of the Korea Federation of Banks, Conducts On-site Inspection of COVID-19 Loan Support
[Asia Economy Reporter Kim Hyo-jin] Kim Tae-young (pictured right), chairman of the Korea Federation of Banks, visited the NH Nonghyup Bank Seoul Gwanghwamun Financial Center on the 2nd to check the operation status of the ultra-low interest loan product (1.5% per annum) for small business owners and the extension of loan principal maturity and interest payment deferral, and encouraged the banks handling the product.
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The banking sector will do its best to provide practical assistance in alleviating the financial burden of small and medium-sized enterprises and small business owners struggling due to the novel coronavirus infection (COVID-19), following the full support system established under the leadership of the Financial Services Commission chairman.
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