Finance
BNK Financial to provide 1.6 trillion won in Chuseok funding for SMEs and small merchants
BNK Financial Group will provide special loans worth a total of 1.6 trillion won to regional small and medium-sized companies and small merchants ahead of the Chuseok holiday. BNK Financial said on Sunday it will supply the BNK 2026 Chuseok Special Loan through BNK Busan Bank and BNK Kyongnam Bank from Aug. 24 to Oct. 26. Each bank will support 800 billion won, split between new funding and maturity extensions. Borrowers may receive interest-rate cuts of up to 1.0 percentage point.
