Gyeongnam Bank and Jinju City Provide 3 Billion KRW in Special Hope Funds for Small Business Owners

Signing of the 'Small Business Hope Sharing Win-Win Finance Business Agreement'

BNK Gyeongnam Bank signed a 'Hope Sharing Win-Win Finance Business Agreement for Small Business Owners' with Jinju City, Gyeongnam Province on the 19th and will provide 3 billion KRW in special funds for small business owners.

On the same day, Bank President Ye Gyeongtak visited Jinju City Hall and held the 'Hope Sharing Win-Win Finance Business Agreement Ceremony for Small Business Owners' with Mayor Jo Gyu-il.

BNK Gyeongnam Bank President Kyungtak Ye holds a 'Small Business Hope Sharing Win-Win Finance Business Agreement' with Jinyu City Mayor Gyuil Cho (third from the right in the photo).

According to the business agreement, the two organizations agreed to promote mutual cooperation to provide liquidity support that can be a beacon of hope for local small business owners struggling with high inflation and high interest rates, as well as to resolve difficulties faced by financially vulnerable groups and establish a successful self-sufficiency system.

In particular, BNK Gyeongnam Bank decided to provide low-interest loans totaling 3 billion KRW, with a maximum of 10 million KRW per individual, to small business owners who have been operating for more than three months and have an annual income of 35 million KRW or less.

Small business owners wishing to apply for BNK Gyeongnam Bank's special funds can inquire in advance at BNK Gyeongnam Bank branches located in the Jinju area and then visit.

Mayor Jo said, "I hope that the Hope Sharing Win-Win Finance for Small Business Owners conducted together with BNK Gyeongnam Bank will be a source of strength for local small business owners who are struggling due to the economic downturn. We will continue to make various efforts to support small business owners."

Bank President Ye said, "I hope the Jinju City Small Business Owner Win-Win Finance Support Agreement will help self-employed people going through difficult times. We will do our best to further strengthen financial support for small business owners and local residents in the region to ensure more practical effects."

Previously, BNK Gyeongnam Bank also signed agreements with local governments in Gyeongnam areas such as Sacheon, Yangsan, Gimhae, Geoje, and Ulsan Metropolitan City to support special loans.

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