Support Limit of up to 1 Billion Won per Company

On September 1, iM Bank announced that it will provide a special Chuseok funding loan worth 1 trillion won for 2026. This special loan is designed to ease the financial burden on small and medium-sized enterprises (SMEs) and small business owners, as well as to support revitalization of the local economy.


The initiative consists of 500 billion won in new loans and an additional 500 billion won through loan extensions, totaling 1 trillion won. The support period will run from September 7 to October 8.


The maximum available amount per company is up to 1 billion won, and the loan is intended as working capital—such as for employee wage payments and raw material purchases. In particular, preferential interest rates will be offered according to credit evaluation results and other factors.



Bank President Kang Junghoon said, "We hope the special Chuseok funding loan will provide real help to local SMEs and small business owners facing difficulties." He also expressed, "iM Bank will continue striving to grow together with SMEs and small businesses through various financial support programs."

iM Bank Launches 1 Trillion Won Special Chuseok Funding Loan View original image


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing