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[이데일리 이진철 기자] On the 5th, Camco (Korea Asset Management Corporation) and IBK IBK signed a comprehensive business agreement for win-win finance to support small and medium-sized businesses in Busan and Gyeongnam.
This business agreement was set up to support small and medium-sized businesses in Busan and Gyeongnam, which are suffering from business difficulties due to the re-proliferation of Corona 19 after the two organizations raised low-interest-rate funds to help stabilize corporate management and revitalize the shrinking local economy.
Kamco plans to deposit 10 billion won in IBK Industrial Bank to support low interest rate funds and raise an additional 50 million won in interest support. IBK Industrial Bank provides support by creating low-interest loan products worth 20 billion won based on the deposits of Kamko.
Beneficiary companies in the Busan-Gyeongnam region can receive support from IBK Industrial Bank for up to 300 million won for two years, 0.5%p lower than the market loan interest rate. Additional reductions of up to 1.4%p are possible depending on credit rating and contribution level.
Seong-yu Moon, President of Kamko, said, “This agreement is meaningful in that Kamko and IBK Industrial Bank join forces to help normalize SME management. We will continue to help SMEs quickly overcome difficulties and vitalize our economy.”
Meanwhile, Kamco is providing comprehensive support for SME management normalization, such as investment matching for SMEs and rental programs after purchasing assets (S&LB). In addition, we are supporting overcoming the crisis caused by Corona 19 through rent cuts such as small business owners, debt reduction and repayment delay support for debtors in special disaster areas.