Finance
KakaoBank to provide 125 billion won in financial support for small merchants in Seoul
KakaoBank will provide financial support worth 125 billion won for small merchants in Seoul in cooperation with the Seoul Credit Guarantee Foundation. KakaoBank will make a 10 billion won special contribution to the foundation and supply 125 billion won in guaranteed loans based on it. The support will be split between Seoul’s “Rapid Financial Support” programme and a district-linked local economy support programme covering all 25 districts.
