[Korea sinyuncheol financial newspaper reporter] NACF said it carried out such support credit (Chairman gimbyeongwon) offers preferential rates for early damage and overcoming the spread of foot-and-mouth disease loan interest payments through the grace NH Agriculture and Livestock and Agricultural Bank.
Mutual credit cooperatives were to be applied more preferential interest rate of new loans by up to 1.0% p City Agriculture and Livestock farmers for damages had to defer the interest payments on the loan within 12 months from the execution day.
In addition, the loan repayment date arrives for existing loans had to be suspended in the renewal and refinancing through ease the repayment burden on farmers and were also less than 12 months pay.
NH Best 100 million won respect in the Agricultural Bank of foot-and-mouth disease damages farmers and residents, up to 500 million won respect for SMEs to apply additional prime rate up to 1.0% p supports the new loans and existing loans and the maturity extensions and installment payments paid It was suspended for 12 months.
Eligibility is issued a damaged foot and mouth disease foot-and-mouth disease damage Confirmation of administrative authorities in the '17 Year of farmers and agricultural corporation.
The exemption allows an overdue interest during the life Agricultural cooperatives and non-life insurance is also paid to the insured suffered an injury of foot-and-mouth disease insurance contracts and deferred resurrection.
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