NH Nonghyup Bank Gyeongnam Headquarters Provides Credit Support to Companies Affected by Tmon and Wemakeprice

NH Nonghyup Bank Gyeongnam Headquarters has decided to provide up to a one-year maturity extension and repayment deferment for companies affected by delayed payment settlements due to the recent Tmon and Wemakeprice incidents.

NH Nonghyup Bank Gyeongnam Headquarters Provides Credit Support to Companies Affected by Tmon and Wemakeprice.

The support applies to companies (including sole proprietors) that have suffered or are expected to suffer losses due to the Tmon and Wemakeprice incidents, specifically those with business or corporate loans and sales since May. Household loans such as mortgage loans unrelated to the business and personal credit loans are excluded.

To alleviate the financial burden on affected companies, from the 7th, the bank plans to offer maturity extensions and repayment deferments for up to one year on existing loans. For guaranteed loans, support is available if the guarantee period is extended.

Affected companies can apply by proving their sales through payment records from the Tmon and Wemakeprice seller pages for May to July, and by providing business registration number documents to confirm that the applicant is the same as the affected business.

Jo Cheongrae, head of the Gyeongnam Headquarters, stated, "NH Nonghyup Bank has prepared credit support measures to assist companies affected by the Tmon and Wemakeprice incidents," and added, "Since a significant number of affected companies are identified in the province, we will actively provide consultations and work to resolve financial difficulties if there are requests from affected companies."

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