BNK Gyeongnam Bank Offers Special Preferential Interest Rate of 1%p for 'Gyeongnam Sae Hope Holssi II Loan'

Strengthening Support for Low-Income and Vulnerable Groups... Credit Limit of 30 Billion KRW Until the End of December

BNK Gyeongnam Bank Headquarters.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Song Jong-gu] BNK Gyeongnam Bank announced on the 31st that it is offering a special preferential interest rate on the ‘Gyeongnam Sae Hope Holssi II Loan’ to strengthen support for low-income and vulnerable groups.

Accordingly, customers applying for the Gyeongnam Sae Hope Holssi II Loan can use the loan at an interest rate temporarily lowered by 1%p until the end of this year.

Depending on meeting the preferential interest rate conditions such as transaction performance and eligibility as a vulnerable group, if the special preferential interest rate of 1%p is applied to the final calculated interest rate, the minimum interest rate is about 4.82%.

The Gyeongnam Sae Hope Holssi II Loan is a loan product that supports funds necessary for living stability for low-income and low-credit customers with an annual income of 35 million KRW or less (or 45 million KRW or less if the NICE credit score is 744 or below, or the KCB credit score is 700 or below). It was launched to enhance the social role of financial institutions and to revitalize financial services for the common people.

Jung Yoon-man, Executive Director of the Credit Sales Headquarters, said, “With the special preferential interest rate of 1%p provided for the Gyeongnam Sae Hope Holssi II Loan, we expect the financial burden on low-income and vulnerable groups to be alleviated. BNK Gyeongnam Bank will continue to introduce measures to practice inclusive finance and expand support for financial services for the common people.”

The special preferential interest rate for the Gyeongnam Sae Hope Holssi II Loan is part of the ‘Crisis Overcome Together (同行) Project,’ which BNK Financial Group, including BNK Gyeongnam Bank, BNK Busan Bank, BNK Capital, and BNK Savings Bank, is implementing over three years with a total scale of 14.7205 trillion KRW.

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