Shinhan Financial Group is expanding its inclusive finance project to Jeju Bank and Shinhan Savings Bank, offering interest waivers for long-term delinquent borrowers and lowering loan rates for low-income customers, with total benefits exceeding KRW 300 billion ($231 million).
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https://en.infomaxai.com/news/articleView.html?idxno=75279
#YonhapInfomax #ShinhanFinancialGroup #JejuBank #InterestWaiver #InclusiveFinance #LoanRateReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75279
Shinhan Financial Expands Inclusive Finance to Jeju and Savings Banks—'Long-Term Delinquency Interest Waivers'
Shinhan Financial Group is expanding its inclusive finance project to Jeju Bank and Shinhan Savings Bank, offering interest waivers for long-term delinquent borrowers and lowering loan rates for low-income customers, with total benefits exceeding KRW 300 billion ($231 million).