Jang Moon-ho (장문호), deputy head of Sh Suhyup Bank’s retail group, and Chae Byung-ho (채병호), a director at the Korea Credit Guarantee Fund’s credit business division, pose for a photo after signing a business agreement on Aug. 24. [Photo: Sh Suhyup Bank]

Sh Suhyup Bank is joining hands with the Korea Credit Guarantee Fund to 추진 a non-face-to-face guaranteed loan service for sole proprietors and small merchants.

Sh Suhyup Bank said on Aug. 25 it signed an agreement on non-face-to-face and digital finance activation with the Korea Credit Guarantee Fund.

The agreement was arranged to improve access to finance for sole proprietors and small merchants. The bank plans to link the fund’s non-face-to-face guarantee system to its Partner Bank mobile app and introduce the Easy-One guaranteed product in the first half of next year.

The two institutions plan to expand corporate financial support by building non-face-to-face guarantee services and continue cooperation in digital finance going forward.

Shin Hak-ki (신학기), president of Sh Suhyup Bank, said he hopes the agreement will improve convenience for sole proprietors and small merchants who find it difficult to visit branches.

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#Sh Suhyup Bank #Korea Credit Guarantee Fund #Partner Bank #Easy-One
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