Finance
KakaoBank launches loan refinancing for small business owners, offers 0.6 percentage point rate discount
KakaoBank said on Tuesday it launched a refinancing service for loans to self-employed business owners after the Financial Services Commission expanded refinancing infrastructure to cover such loans. Borrowers refinancing into KakaoBank products can receive up to a 0.6 percentage point rate discount, with an additional 0.4 percentage point discount for eligible card users who completed a consulting program. The bank also introduced a cashback event running until June 30.