Gwangju Bank Makes Special Contribution of 1 Billion KRW to Support Small Business Owners in Gwangju

Special Guarantees Worth 60 Billion KRW Provided Through Contribution Fund
Up to 150 Million KRW Per Business

Gwangju Bank announced on September 18 that it had signed the "Ddasum Hope Financial Support Business Agreement" at its headquarters, with Goh Byungil, President of Gwangju Bank, Yeom Gyusong, Chairman of Gwangju Credit Guarantee Foundation, and other officials in attendance. The agreement aims to provide financial support to small business owners in Gwangju Metropolitan City.

Through this agreement, Gwangju Bank has made a special contribution of 1 billion KRW to help resolve funding difficulties for local small and medium-sized enterprises and small business owners. Using these funds, the Gwangju Credit Guarantee Foundation plans to provide special guarantees amounting to 60 billion KRW.

The support targets small businesses, small business owners, and self-employed individuals located in Gwangju. Each business can receive up to 150 million KRW in support. The loan period is up to seven years, and applications can be made at any Gwangju Bank branch.

Goh Byungil, President of Gwangju Bank, stated, "I hope this special guarantee will help stabilize the management of local small business owners and revitalize the community." He added, "We will continue to work closely with the Gwangju Credit Guarantee Foundation to reduce the financial burden on local small business owners and contribute to the revitalization of the regional economy."

Byungil Ko, President of Gwangju Bank (left in the photo), and Kyusong Yeom, Chairman of Gwangju Credit Guarantee Foundation, are taking a commemorative photo. Gwangju Bank

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