Busan Bank Offers 200 Billion Won in Special Loans for Local Investment Companies

[‘\n[Edaily Reporter Kim Hyung-il] BNK Busan Bank announced on the 7th that it will implement a “Busan City Investment Corporate and Returning Corporate Special Loan” to revitalize the local economy and attract businesses to the Busan area.’,
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BNK Busan Bank headquarters. (Photo=BNK Busan Bank)

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, ‘The special loan is aimed at companies investing or planning to invest in Busan, such as those moving their operations to the city, building research and development (R&D) centers, or setting up factories. Companies relocating back to the region or planning to move into special industrial zones in Busan, Ulsan, and Gyeongnam are also eligible for the special loan.’,
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, ‘This special loan program has a total value of 200 billion won and provides support of up to 10 billion won per company. To reduce financial burdens, the program offers an interest rate discount of up to 1.6 percentage points for eligible companies.’,
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, ‘Details about the Busan City Investment Corporate and Returning Corporate Special Loan can be obtained through Busan Bank branches and customer service centers.’,
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, ‘Kang Seok-rae, head of Busan Bank’s corporate client group, said, “To rejuvenate the local economy, it is important to attract healthy businesses to the region and create a stable environment for them to settle in. Busan Bank will provide active support to help these businesses firmly establish themselves in the area, driving sustainable growth and development of the local economy.”’,
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