iM Bank to Provide KRW 1 Trillion in Special Mid-Autumn Loans in 2026
TECHWORLD ·
✦ AI Summary
iM Bank has announced special loan support for the 2026 Mid-Autumn Festival.
The program is aimed at SMEs and small business owners, with a total size of KRW 1 trillion.
The support period runs from Sept. 7 to Oct. 8, and the maximum limit per company is KRW 1 billion.
iM Bank has announced special loan support for the 2026 Mid-Autumn Festival. The program is aimed at small and medium-sized enterprises and small business owners. It is intended to ease the financial burden on SMEs and small merchants, whose funding needs rise ahead of the holiday, and to help alleviate liquidity strains and revitalize the local economy.
The special loan program is designed to help ease business difficulties for SMEs and boost the local economy, with a total size of KRW 1 trillion. It consists of KRW 500 billion in new loans and KRW 500 billion in loan rollovers.
The support period runs from Sept. 7 to Oct. 8. The maximum limit per company is KRW 1 billion, and the loans are for working capital such as employee wage payments and raw material purchases. In addition, preferential interest-rate support will be offered based on credit evaluation results and other factors.
iM Bank said it expects the program to help ease liquidity shortages for SMEs and small business owners that are struggling to secure funding amid prolonged economic weakness and sluggish domestic demand. It also stressed that the support will contribute to revitalizing the local economy.
Kang Jeong-hoon, president of iM Bank, said the Mid-Autumn special loan support is targeted at local SMEs and small business owners facing difficulties, and that he hopes the loans will provide practical help.
Kang added that iM Bank plans to continue a variety of financial support programs in the future and aims to become a bank that grows together with SMEs and small business owners.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406335
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Source: TECHWORLD
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