Finance
Seoul launches Ansim Account No. 4 at six banks, raises cap to 20 million won
Seoul will launch Ansim Account No. 4 on Sept. 3 to support small business owners and self-employed people, raising the maximum limit per business to 20 million won from 10 million won. The city will supply 300 billion won under the programme from Sept. 3, bringing this year’s total supply to 500 billion won. The product is a revolving credit line with interest charged only on amounts used and tiered limits based on business history, credit scores and reported sales.
