BNK Gyeongnam Bank Launches 'High-Interest Rate Refinancing Loan' for Customers

Sunshine Loan 15 and Loans Below Secondary Financial Institutions

Customers Who Have Repaid Diligently for Over 6 Months

BNK Gyeongnam Bank is continuously introducing measures to implement warm financial support.

BNK Gyeongnam Bank announced on the 4th that it has launched and is selling the 'High-Interest Rate Refinancing Loan.'

Gyeongnam Bank Headquarters.

The High-Interest Rate Refinancing Loan is a financial product that refinances loans of customers who are struggling with high interest rates among users of loans from the secondary financial sector or below into BNK Gyeongnam Bank's credit loans.

The target customers are those who have been faithfully repaying loans from BNK Gyeongnam Bank, including Saessal Loan 15 (including Saessal Loan 17) and loans from the secondary financial sector or below (including private loans), for more than six months.

The loan limit is up to 20 million KRW, and the repayment method is installment repayment (within 5 years).

For more details about the High-Interest Rate Refinancing Loan, customers can inquire at any BNK Gyeongnam Bank branch or contact the customer center.

Choi Geum-ryeol, head of the Retail Finance Department, said, “We launched the High-Interest Rate Refinancing Loan as part of warm financial support to help small business owners, ordinary citizens, and vulnerable groups. We hope that using the High-Interest Rate Refinancing Loan offered by BNK Gyeongnam Bank will reduce their financial burden. We plan to continue introducing practical support measures to assist small business owners, ordinary citizens, and vulnerable groups and to coexist with the local economy.”

Separately from the launch of the High-Interest Rate Refinancing Loan, BNK Gyeongnam Bank is providing a special preferential interest rate of 1%p on the 'Gyeongnam Sae Hope Holssi II Loan' with a limit of 30 billion KRW until the end of the year to support local small business owners and vulnerable groups.

Additionally, various support measures are being established and implemented in Ulsan and Gyeongnam regions, including the Small Business Hope Sharing Win-Win Financial Support, extension of loan terms for small business owners affected by COVID-19, and special contributions to the Gyeongnam and Ulsan Credit Guarantee Foundations.

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