Finance
Shinhan Bank signs deal with K-SURE to support exporting micro businesses
Shinhan Bank said it signed an agreement with the Korea Trade Insurance Corp on Feb. 24 at its headquarters in central Seoul to expand direct guarantee support tailored for exporting micro businesses. The pact targets exporters struggling to access financing due to low credit ratings or limited export performance. The two will expand non-face-to-face guaranteed loan products, fully subsidise guarantee fees for Light guarantees and raise guarantee limits for eligible firms.
