Finance
BNK Busan Bank launches preferential loan for daily construction workers
BNK Busan Bank has launched a preferential loan product for daily construction workers who have difficulty providing proof of income and employment. The bank said the loan offers up to 35 million won and carries an interest rate of up to about 5.5 percent a year. It will use severance fund contribution records issued by the Construction Workers Mutual Aid Association and also reflect estimated income calculated by a credit rating agency.