NH Nonghyup Bank Gyeongnam Headquarters Provides 130 Billion KRW Financial Support to Small Business Owners and Others

NH Nonghyup Bank Gyeongnam Headquarters signed the "2025 NH Nonghyup Bank Special Contribution Business Agreement" with the Gyeongnam Credit Guarantee Foundation on the 17th and delivered the contribution funds.

NH Nonghyup Bank Gyeongnam Headquarters Rolls Up Sleeves to Support Small Business Owners.

The contribution of 8.1 billion KRW is a scale that can support approximately 130 billion KRW in additional funds. This is expected to help alleviate the financial difficulties of small business owners and small and medium-sized enterprises in Gyeongnam.

The support targets are small businesses and small merchants located in Gyeongsangnam-do, providing funds up to a maximum limit of 300 million KRW. In particular, through preferential guarantee rates (90?95%), small merchants with insufficient collateral will be able to use financial services more smoothly.

Since the founding of the Gyeongnam Credit Guarantee Foundation in 1996, NH Nonghyup Bank Gyeongnam Headquarters has steadily made contributions every year. The 8.1 billion KRW supported this time is the highest amount ever, increasing by 2.1 billion KRW compared to last year, bringing the cumulative contribution amount to 56.8 billion KRW.

Additionally, through customized projects reflecting the characteristics of the Gyeongnam region, such as financial support for small merchants in the Namhaean tourism belt area and preferential interest rate support for companies in depopulated areas, practical financial benefits have been provided to small merchants.

Jo Cheong-rae, head of the Gyeongnam Headquarters, stated, “This special contribution is the first project among NH Nonghyup Bank Gyeongnam Headquarters’ support projects for small merchants this year, and we plan to continuously promote various forms of support measures as a regional win-win bank.”

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