| Mobile Web

Search results for Saemaul Geumgo

Finance

Race to pre-empt won stablecoin as third financial hub nears

South Korea\'s financial authorities raised their target for household loan growth this year and NH Nonghyup Bank resumed variable-rate mortgage lending, drawing attention to whether mortgage hurdles will fall across the sector. COFIX rose for a fourth month, increasing borrowers\' interest burdens. Financial support for mid-to-low credit borrowers and small businesses is spreading, while the government and regulators advance plans tied to regional finance hubs and debate over a won stablecoin shifts toward payment, distribution and custody infrastructure.

Finance

Saemaul Geumgo expands policy finance supply, provides 217 billion won in first half

Saemaul Geumgo supplied a total of 217 billion won in policy funds in the first half of this year through sunshine loans, local government partnership loans and small business loans. Saemaul Geumgo Central Association said the total was led by local government partnership lending at 163 billion won, followed by sunshine loans of 38 billion won and small business loans of 16 billion won. Product rates were about 2 to 6 percent.

Finance

Saemaul Geumgo to hire 149 entry-level staff in second half

Saemaul Geumgo will recruit 149 entry-level employees in the second half of the year, with hiring to take place across 109 branches nationwide, Saemaul Geumgo Federation said on Aug. 3. Applications will be accepted through Aug. 10 on its recruitment website. The process includes document screening, a written test on Aug. 29 and interviews conducted at the hiring branch, with at least one external interviewer. Final candidates are to be announced in September.