Apply by the 28th of next month
Up to 3 billion won per company
Up to 1.0% interest rate reduction,
BNK Financial Group Headquarters. Photo courtesy of BNK,
, ‘[Seoul Economy] ‘,
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, ‘BNK Financial Group’s Busan and Gyeongnam Banks announced on the 6th that they would offer a special loan program totaling 1.6 trillion won for small and medium-sized enterprises (SMEs) and small business owners in celebration of the Lunar New Year.’,
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, ‘In an effort to alleviate the managerial difficulties of SMEs struggling with prolonged economic downturns and to revitalize the local economy, they will provide 800 billion won each (400 billion won for new loans and 400 billion won for loan extensions) over a two-month period until the 28th of next month.’,
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, ‘The main support targets are long-term transaction SMEs, startups, SMEs with excellent technology, job-creating companies, SMEs engaged in strategic industries of local governments, and companies that have been diligent in repayments.’,
,
, ‘The support limit per company is up to 3 billion won, and to reduce financial costs for SMEs, a maximum interest rate reduction of 1.0 percentage point is provided.’,
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, ‘Detailed information on the special Lunar New Year loan can be found at all branches and customer service centers of Busan Bank and Gyeongnam Bank.’,
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