Search results for Sunshine Loan
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
KakaoBank issues sustainability report, says it created 1.38 trillion won in social value
KakaoBank issued its fifth sustainability report covering its 2025 sustainability performance and ESG priorities, it said on Thursday. For the first time, the report was released separately for general stakeholders and for investors. The bank said its social value created last year totalled 1.38 trillion won. Of that, 992.3 billion won came from social areas such as inclusive finance and consumer protection, 379.0 billion won from governance and others, and 6.1 billion won from environmental areas.
Finance
Toss Bank Q1 net profit 29.6 billion won, up 58.3 percent
Toss Bank said on Thursday its first-quarter net profit rose 58.3 percent from a year earlier to 29.6 billion won. Total customers reached 14.87 million, up 19.3 percent, and surpassed 15 million by end-April. Loans outstanding rose to 1.55 trillion won, while deposits totalled 2.90 trillion won. Delinquency and NPL ratios fell, and the BIS capital ratio rose to 16.62 percent.
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Finance
KakaoBank cuts New Hope and Sunshine Loan rates to mid-4 percent range
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Finance
Inclusive finance pressure mounts, raising tensions in South Korean banks
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Finance
Woori Financial launches Youth Future Link Loan to expand support for young adults
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Finance
K Bank launches Sunshine Loan special case product
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Finance
PFCT supplies 34.2 billion won in mid-rate loans with eight savings banks