BNK Busan Bank Cuts "Saeheumang Holssi Loan" Interest Rate by Up to 1%p

Up to 60 Billion KRW by Year-End
Reducing the Burden on Financially Vulnerable Groups

BNK Busan Bank (President Bang Seongbin) will reduce the interest rate on its flagship financial product for low-income individuals, the "Saeheumang Holssi Loan," by up to 1.0 percentage point for new loans until the end of the year, in order to alleviate the financial burden on low-income and financially vulnerable groups.

This interest rate reduction will be automatically applied to customers who newly take out the Saeheumang Holssi Loan, with a total support amount of 60 billion KRW. The bank explained that this initiative aims to enhance financial accessibility for low-income individuals and to strengthen its commitment to inclusive finance.

Shin Sik, Head of the Personal Customer Group at BNK Busan Bank, stated, "This is a sincere effort to ease the financial burden on low-income individuals and improve financial accessibility," adding, "We will continue to expand institutional improvements centered on financial consumers and support for vulnerable groups."

BNK Busan Bank was selected as an outstanding institution in the financial support for low-income individuals category at the "Inclusive and Coexistence Finance Awards" hosted by the Financial Supervisory Service in both 2023 and 2024.

BNK Busan Bank.

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