K Bank surpasses cumulative 5trillion1,900hundred million won in loans to sole proprietors; guarantee-backed loan limit raised by 2hundred million won

K Bank announced that on 7month 9day, its cumulative loan supply to sole proprietors had exceeded 5trillion1,900The announcement may be read by investors as a signal of expanded lending to sole proprietors.

The company said this figure was the cumulative supply amount calculated as of the end of last month. The announcement explicitly states the reference date for the calculation.

It announced that it had supplied 1trillion5,200hundred million won through guarantee-backed and collateralized loans in the first half of this year alone. It explained that it had enhanced portfolio stability with a focus on guarantees and collateral.

On the same day, K Bank announced that it would raise the handling limit for guarantee-backed loans for individual business owners from the existing level to 2hundred million won. It stated that the increased limit would apply to loan products for individual business owners.

According to the company’s disclosure, the measure is intended to strengthen financial support for individual business owners. It specified that detailed application methods and terms for the specific products would be provided through a separate disclosure or notice.

K Bank’s disclosure was registered on 7month 9day. Investors can directly verify the changed limit and supply details through the company’s disclosure.