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.
