- KHFC to award department store gift certificates worth one million won to winner 

On April 21, 2010, the Housing Finance (KHFC, CEO Joo-jae Lim) announced a contest to name the new Bogeumjari loan to be launched in June of this year.    

The new Bogeumjari loan will be available for borrowing by entering a few information categories on the Internet. The new loan is characterized by a lower interest rate than for existing loan products through cost savings achieved by the direct credit management conducted by KHFC.

The contest is open to Korean nationals and will select winners based on criteria of appropriateness, familiarity, creativity, and ease of pronunciation. The contest will select one Grand Prize, two excellent name prizes, and ten finalists, each awarded with department stores gift certificates worth one million won, 300,000 won, and 30,000 won, respectively. 

The contest is open from April 21, 2010 to May 4, 2010. Entries may be submitted to the official site of KHFC at www.hf.go.kr.