BNK Gyeongnam Bank Quickly Implements 'Emergency Financial Support' for Homeplus Partners

Support Including Extension of Existing Loan Maturities and Deferral of Installment Repayments
Benefits Such as Preferential Interest Rates and Fee Reductions to Be Provided

BNK Gyeongnam Bank announced on the 20th that it will promptly implement 'emergency financial support' for Homeplus partner companies.

BNK Gyeongnam Bank Headquarters.

This emergency financial support has been specially prepared to provide practical assistance and management stabilization for local partner companies experiencing difficulties due to Homeplus's corporate rehabilitation proceedings.

BNK Gyeongnam Bank will provide support for up to one year to partner companies with a history of supplying to Homeplus, including extensions of existing loan maturities and deferral of installment repayments, along with benefits such as preferential interest rates and fee reductions.

Homeplus partner companies seeking emergency financial support can prepare documents such as tax invoices and visit the nearest BNK Gyeongnam Bank branch.

A BNK Gyeongnam Bank official stated, "As Homeplus undergoes corporate rehabilitation proceedings, there are concerns about potential losses for partner companies that have supplied goods. We have decided to provide emergency financial support to minimize their losses and support management stabilization. Going forward, BNK Gyeongnam Bank will continue to practice mutually beneficial finance, standing by local small and medium-sized enterprises and small business owners to provide support in difficult times."

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