KB Kookmin Bank announced on the 6th that it has increased the limit for deposit loans for residents of the Dunchon Jugong Apartment reconstruction (Olympic Park Foreon) in Gangdong District, Seoul, from 300 billion won to 600 billion won.
The interest rate for the Olympic Park Foreon deposit loan is between 4.29% and 4.79% per year. A representative of KB Kookmin Bank noted, "This is aimed at providing financial support focused on actual demand."
Earlier, NongHyup Bank increased its deposit loan limit for Dunchon Jugong from 200 billion won to 400 billion won at the beginning of this month. Woori Bank also raised its limit from 50 billion won to 150 billion won. Shinhan Bank and Hana Bank are respectively handling deposit loans of 100 billion won and 300 billion won.