[Photo: K Bank]

K Bank said on Tuesday that its handling volume of guaranteed loans for individual business owners rose sixfold in 2025 from the previous year.

The annual handling volume of guaranteed loans for individual business owners jumped to 240 billion won in 2025 from 40 billion won in 2024.

K Bank expanded the operating regions for its Boss Guaranteed Loan, offered in cooperation with regional credit guarantee foundations, by 8 locations last year. It now offers the product in a total of 11 regions. It also added a guaranteed loan for designated livelihood-related industries, further strengthening its guaranteed loan lineup for individual business owners.

Outstanding balances of guaranteed loans for individual business owners also rose sharply on the back of the expanded handling. The balance increased by 150 billion won, to 330 billion won at end-2025 from 180 billion won at end-2024, growing by nearly twofold.

K Bank plans to further expand guaranteed loans this year. It plans to make special contributions of 2 billion won each this month in the Busan and Incheon regions and supply guaranteed loans totalling 60 billion won.

A K Bank official said guaranteed loans are a key policy finance tool that eases the financial burden on small business owners who are vulnerable to economic fluctuations. The official said the bank will continue to expand the stable supply of funds focused on real demand this year, based on cooperation with various regional credit guarantee foundations.

Keyword

#K Bank #Busan #Incheon #Regional Credit Guarantee Foundation #guaranteed loans
Copyright © DigitalToday. All rights reserved. Unauthorized reproduction and redistribution are prohibited.