Search results for Jeonbuk Credit Guarantee Foundation
Finance
NH NongHyup Financial launches \'NH Financial Hub\' in North Jeolla to support affiliates\' comprehensive finance
NH NongHyup Financial Group launched an \'NH Financial Hub\' in North Jeolla Special Self-Governing Province, bringing together the capabilities of its banking, insurance, securities and asset management affiliates. The group said the hub aligns with the government\'s \'5 poles and 3 special zones\' balanced growth policy and will provide comprehensive financial services for local future strategic industries and companies. It also plans special contributions to regional guarantee funds and will expand cooperation with the National Pension Service and Jeonbuk National University.
Finance
Shinhan Bank partners with Jeonbuk credit guarantee foundation to support local economy
Shinhan Bank said it signed a business agreement with the Jeonbuk Credit Guarantee Foundation on Feb. 25 to support the local economy. The deal aims to improve financing conditions for small firms in North Jeolla Province facing tougher business conditions due to an economic slowdown and rising costs. Shinhan Bank will make a 400 million won special contribution, and the foundation will use it to supply 5 billion won in guarantee support. Eligible firms can receive up to 200 million won each.
Finance
K Bank expands region-tailored inclusive finance to support small merchants
K Bank is partnering with North Jeolla Province, Pohang and Gumi through special guarantee agreements to provide financial support for self-employed people and small merchants facing difficulties amid local economic weakness. In North Jeolla, the bank will make an 800 million won special contribution and supply 20 billion won in low-interest working capital, with tailored loan limits across three tracks. In Pohang and Gumi, it will contribute 200 million won to each city to implement about 5 billion won in special guarantees, with local governments subsidising interest.