[Asia Economy Reporter Bu Aeri] Sh Suhyup Bank announced on the 3rd that it plans to implement a system this month that permanently exempts early repayment fees for fishermen and low-credit customers.


Suhyup Bank exempts early repayment fees for fishermen and is already operating a refund system for early repayment fees that have been paid.


Suhyup Bank also provides a permanent full exemption of early repayment fees for customers with a credit rating of 7 or lower who use household loan products.


Kang Sin-suk, president of Suhyup Bank, said, "We will continue to expand financial support for ordinary people and fishermen who are struggling with high interest rates and high prices, taking the lead in realizing the social value of the bank."



Sh Suhyup Bank Permanently Waives Early Repayment Fees for Fishermen and Low-Credit Borrowers View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing