Search results for Korea Inclusive Finance Agency
Finance
NH NongHyup Financial seeks to set up NH Smile Microfinance Foundation with 100 billion won
NH NongHyup Financial plans to establish the NH Smile Microfinance Foundation with 100 billion won funded jointly by major affiliates. The group said it held the first task force meeting on July 21 to review incorporation procedures and detailed plans. It aims to complete the foundation’s establishment within this year after consultations with relevant agencies. The foundation will add tailored products for farmers and young people returning to rural areas.
Finance
Shinhan Bank to subsidise guarantee fees for Sunshine Loan Youth
Shinhan Bank will subsidise guarantee fees of up to 100,000 won for its Sunshine Loan Youth product to reduce financing costs for young people. The bank said it has been running the support event since July 15. Eligible borrowers include people aged 19 to 34 with annual income of 35 million won or less, such as job seekers, new employees and young entrepreneurs. The support is paid at the end of the following quarter.
Finance
Youth Future Savings Plan applications top 2 million
Applications for South Korea\'s Youth Future Savings Plan have topped 2 million, with demand expected to continue as the deadline nears. The Financial Services Commission and the Korea Inclusive Finance Agency said cumulative applications stood at 2.012 million as of 1 p.m. on July 2. Applications are open until 6:30 p.m. on July 3. Eligibility screening will run from July 6 to July 24, with results notified individually.
-
Finance
Toss launches customised government support search service with Korea Inclusive Finance Agency
-
Fintech
KB Financial to expand tailored financial support for gig workers
-
Fintech
Youth Future Savings open to applications regardless of birth year from June 29
-
Finance
Bank new loan interest burden to ease from July
-
Finance
KB Financial to provide 6.9 trillion won in financial support for vulnerable groups and small merchants
-
Finance
Youth Future Savings Account applications top 1 million
-
Games & Commerce
Korea Post launches Youth Future Savings offering up to 8.0 percent interest
-
Finance
Financial Services Commission launches structural reform drive for inclusive finance, overhauls credit scoring and debt adjustment
-
Games & Commerce
Korea Post launches \'Saero Bom\' public savings product for financially vulnerable
-
Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
-
Finance
Toss launches dormant deposit recovery service with SDFa
-
Finance
Governance reform, digital assets legislation in focus as financial agenda may accelerate after election
-
Finance
Hana Financial activates 3 trillion won inclusive finance roadmap, expands mid-rate loans and debt write-offs
-
Finance
Woori Bank joins SFIF to help prevent harm from illegal private lending
-
Finance
KakaoBank cuts New Hope and Sunshine Loan rates to mid-4 percent range