Daegu Bank Visit by Yoon Seok-heon, Financial Supervisory Service Chief: "Please Play an Active Role in the 2nd Support for Small Business Owners"

Yoon Seok-heon, Governor of the Financial Supervisory Service (right), visited the Daegu Bank Manchon-dong branch on the 20th to check the preparation status of the second emergency loans for small business owners affected by COVID-19. / Photo by Financial Supervisory Service

[Asia Economy Reporter Kim Hyo-jin] Yoon Seok-heon, Governor of the Financial Supervisory Service, visited Daegu on the 20th to check the status of pre-applications for the second emergency loans for small business owners affected by the novel coronavirus infection (COVID-19), which began on the 18th.

Visiting the Suseong-gu Manchon-dong branch of Daegu Bank, a COVID-19 support hub branch, Governor Yoon urged, "Daegu Bank, which has been leading support for local small business owners, should play an active role in this second round of support as well."

As of the 15th, Daegu Bank has supplied 1.36 trillion KRW in new loans related to COVID-19. This is the largest supply amount among the six regional banks.

Governor Yoon emphasized, "Just as the Daegu and Gyeongbuk regions overcame difficult times due to COVID-19, we are now facing the task of overcoming the economic difficulties of the region."

Additionally, Governor Yoon visited the headquarters of the Korea Credit Guarantee Fund, which is responsible for guaranteeing this second loan program, to check the status of the entrusted guarantee network linkage with banks.

Governor Yoon said, "I appreciate the preparations made to ensure prompt and efficient support for small business owners," and urged, "Please ensure that the planned guarantee supply starting from the 25th proceeds without any issues."

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