Finance
K Bank launches loan refinancing for self-employed
K Bank on March 18 launched a mobile service that allows sole proprietors to refinance existing loans through its app. Customers can switch to K Bank’s self-employed credit loan or self-employed property-backed loan. The credit loan offers rates from 4.10 percent and a limit of up to 300 million won, with support for increased borrowing even when existing balances exceed 100 million won. The property-backed option starts at 3.24 percent and allows refinancing up to 1 billion won.
