Shinhan Bank to Supply 15 Trillion KRW to SMEs for Chuseok... Also Operating Mobile Branches

Shinhan Bank announced on the 19th that it will operate a mobile branch at highway rest areas and provide financial support for small and medium-sized enterprises (SMEs) facing difficulties in management and fund operation during the Chuseok holiday.

Shinhan Bank will operate the mobile branch "Bangbird" at Hwaseong Rest Area (southbound) on the Seohaean Expressway from the 27th for two days, from 10 a.m. to 5 p.m. The mobile branch offers simple services such as exchanging new bills and passbook management, and customers can also use automated teller machines (ATMs).

In addition, Shinhan Bank will provide funds totaling 15 trillion won (6 trillion won in new loans and 9 trillion won in loan extensions) until the 13th of next month to support SMEs temporarily facing difficulties in fund operation during the Chuseok holiday period. The new loan limit is up to 1 billion won per company.

A Shinhan Bank official said, “We decided to operate the mobile branch and provide financial support to offer convenience to customers returning home for the Chuseok holiday and to help SMEs. We hope that all customers with Shinhan Bank will have a happy and warm Chuseok holiday.”

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