Search results for refinancing
Finance
Saemaeul Geumgo to support 200 billion won in low-interest loans for small merchants
Saemaeul Geumgo will provide about 200 billion won in low-interest loans to ease financial burdens for small merchants and small firms. It said on Aug. 18 it is promoting a local government cooperation financial support programme with local credit guarantee foundations. Saemaeul Geumgo contributes funds to the guarantee foundations, which provide guarantees that underpin the loans, while local governments support loan interest.
Finance
Household loan cap raised to 3 percent; scraping to be phased down
South Korea’s financial authorities loosened parts of their household loan management stance by raising this year’s lending growth target to 3 percent from 1.5 percent and planning 47.8 trillion won-plus in housing supply finance support. The move is expected to expand banks’ annual capacity for household loans to around 60 trillion won. Authorities also agreed not to block scraping all at once, opting to phase it down while preparing alternatives such as public MyData.
Finance
KPL says 2 out of 3 refinancing customers see credit scores rise by average 35.4 points
About 2 out of 3 customers who refinanced into KPL credit loans saw their credit scores rise, PFCT said on Wednesday. PFCT analysed changes in KCB credit scores for 232 customers who refinanced into KPL loans from May 2025 to May 2026 and found 154 saw increases. Their average gain was 35.4 points. Scores fell for 78 customers, with an average drop of 19.3 points.
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People
Toss to provide financial education for youths in extended protection with National Institute for Children’s Rights Guarantee
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Finance
Kakao finance posts record results as Bank and Pay expand into corporate, securities and insurance
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Finance
Kiwoom Securities Q2 operating profit up 93 percent to 789 billion won
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Finance
Woori Financial steps up push to become full-service financial group
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Finance
KB Financial, agriculture ministry to run season 2 of rural voice phishing prevention education
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Finance
Post offices and internet banks to step up joint loans to fill regional finance gaps
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Crypto
Bitcoin finance platform Strike launches collateralised loan without margin calls
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Finance
KB Kookmin, Shinhan provide emergency funding to Homeplus partner firms
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Fintech
DailyFunding cuts platform fees up to 50 percent for mid to low credit borrowers
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Finance
Kple lists loan refinancing product on Naver Pay and KB Alda
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Finance
Shinhan Bank launches refinancing loan for savings bank credit loans
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Finance
Fintech shaken by loan curbs scrambles for new business
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Finance
Woori Financial Group to expand productive and inclusive finance by 10 trillion won
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Finance
Hana Bank launches 5.5 percent mid-rate loan for mid-to-low credit borrowers
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Crypto
Cardone Capital takes on U.S. REIT market with hybrid real estate-bitcoin structure