| Mobile Web

Search results for guarantee fee

Finance

KB Kookmin Bank, credit guarantee body launch one-stop non-face-to-face guaranteed loan service

KB Kookmin Bank has launched a one-stop, non-face-to-face guaranteed loan service with the Credit Guarantee Foundation Central Association, allowing small merchants and sole proprietors to handle everything from guarantee applications to loan disbursement remotely. The bank said the service applies banking-as-a-service to the association’s integrated Bojeungdream app. To mark the launch, KB Kookmin Bank will run a fee-support event through Oct. 30.

Finance

Woori Bank to expand financial support for medical device firms with preferential guarantee terms

Woori Bank will expand financial support for medical device companies through cooperation with the Korea Medical Devices Industry Association and the Kibo Technology Fund. The bank said it signed an agreement on Sept. 14 to support the sector’s social value expansion. Eligible companies will receive preferential terms such as higher guarantee ratios and reduced guarantee fee rates to lower financing costs. The initiative will be linked to an existing strategic-industry guarantee program.

Finance

iM Bank, Daegu City, KODIT to provide 100 billion won support for SMEs in vulnerable sectors

iM Bank will provide about 100 billion won in financial support for local small and medium-sized firms in economically vulnerable sectors such as construction, together with Daegu City and the Korea Credit Guarantee Fund. Under the agreement, iM Bank will contribute 2 billion won to the fund, including 1.2 billion won in a special contribution and 800 million won for guarantee fees, and plans to supply about 100 billion won in loans.