Gwangju Bank Lowers Saeheemang Holssi Loan Interest Rate by 1%p

Gwangju Bank announced on the 25th that it will lower the special discount interest rate of the 'KJB Saeheewang Holssi Loan' by 1%p until the end of the year.

This is a representative financial support product for low-income people, implemented as part of win-win finance to alleviate the financial burden of vulnerable borrowers suffering from the triple crisis of high interest rates, high inflation, and high exchange rates.

The discount applies to new loans, with a total scale of 45 billion KRW and up to 30 million KRW per person.

Considering that the average interest rate of Holssi loans is in the mid-8% range, it is expected that the interest rate will drop to the mid-7% range.

The interest rate discount is automatically applied when a new Saeheewang Holssi loan is taken out without any separate verification process, and applications can be made at the nearest branch.

Separately, Gwangju Bank decided to waive all early repayment fees on face-to-face household credit loans for low-credit borrowers from today until the end of the year as part of its practice of win-win management.

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