Gwangju Bank Signs Financial Support Agreement with Sinan County for Electric Vehicle Purchases

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Bank (President Song Jong-wook) announced on the 6th that it signed a 'Financial Support Agreement for Self-Payment of Environmentally Friendly Electric Vehicle Purchases' with Sinan County, attended by President Song Jong-wook and Sinan County Governor Park Woo-ryang, among other officials.

Through this agreement aimed at reducing greenhouse gases caused by emissions and creating a pleasant air environment, residents of Sinan County can use Gwangju Bank's 'Solsol Angel (1004) My Car Loan,' which provides loans secured by Seoul Guarantee Insurance insurance policies when purchasing electric vehicles (electric passenger cars, electric 1-ton cargo trucks).

The loan target is Sinan County residents who have received loan recommendations from Sinan County and plan to purchase electric vehicles, with support available up to 30 million KRW.

The loan interest is fully supported by Sinan County, and the repayment method is equal principal repayment monthly, available for up to 60 months.

Song Jong-wook, President of Gwangju Bank, said, "Through this business agreement, we will cooperate to create a clean Sinan County by spreading environmentally friendly electric vehicles and support the activation of electric vehicle use," adding, "We will continue to prepare various financial support measures for local residents with a sense of mission as the representative bank of Jeonnam and Gwangju, and achieve mutual development with the region."

This content was produced with the assistance of AI translation services.