Son Byunghwan, NH Bank President, Visits Companies Ahead of Chuseok... "Exploring Support Measures"

Visiting Stagnant Industrial Sites to Listen to Difficulties and Seek Practical Support Measures

[Asia Economy Reporter Park Sun-mi] NH Nonghyup Bank announced on the 13th that it is visiting companies that are doing their best despite the stagnant economic situation ahead of the Chuseok holiday to explore practical support measures.

On the 11th, Son Byung-hwan, President of Nonghyup Bank, visited Kas located in Yangju City, Gyeonggi Province, listened to on-site difficulties, and exchanged opinions on various cooperation plans. Kas is a company representing Korea in the field of weighing system production, having jointly developed the world's first smart baggage scale and installed about 200 units at Incheon Airport. It is also known to have recently started the virus air sterilizer business 'Kas Air Medi.'

President Son said, “We will support companies doing their best despite the difficulties of COVID-19 and prepare support measures that can provide practical help by reflecting the on-site grievances.”

Meanwhile, Nonghyup Bank will provide a special fund of 10 trillion won for small and medium-sized enterprises and small business owners whose demand for operating funds increases around the Chuseok holiday. The support period is from August 31 to September 16. The support targets are small and medium-sized enterprises and small business owners whose loan maturity comes due or who need new funds during the period, and interest rate benefits will be provided within a maximum range of 1.5%.

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