Finance
Korean banks complete 2.1 trillion won livelihood finance support; voluntary program exceeds target
South Korea\'s banking sector has completed 2.1 trillion won in support under a livelihood finance plan, the Korea Federation of Banks said on Tuesday. Banks ran voluntary programs from March 27, 2024, using about 600 billion won excluding a common 1.5 trillion won interest refund scheme for self-employed people and small merchants. They executed 630.8 billion won in total, exceeding a 615.6 billion won target by 15.2 billion won.