IBK Industrial Bank and Korea Asset Management Corporation signed a win-win finance business agreement-Techholic

[테크홀릭] IBK Industrial Bank (Chief Yoon Jong-won) announced that it will sign a’Win-Win Financial Business Agreement for Supporting Small and Medium Businesses in Busan and Gyeongnam Areas’ with Korea Asset Management Corporation (CEO Sung-yu Moon) at the headquarters of IBK in Jung-gu, Seoul on the 5th at 4 pm

With this agreement, IBK and Korea Asset Management Corporation will support low-interest shared growth cooperative loans of 20 billion won.

The loan targets are start-ups and venture companies located in Busan and Gyeongnam areas, corona19 victims, job creation companies, and social enterprises.

The maximum loan limit is 300 million won per company, and the annual loan interest rate is automatically reduced by 0.5%p (points). In addition, up to 1.4%p will be additionally reduced depending on the transaction contribution and credit rating.

An IBK official said, “I hope that it will help resolve the financial shortage of local SMEs and overcome the crisis.”

#Industrial Bank #Win-Win Finance #Korea Asset Management Corporation #Busan #Gyeongnam

IBK IBK Bank President Yoon Jong-won (right) and Korea Asset Management Corporation President Moon Seong-yu (left) taking a commemorative photo at an agreement ceremony held at the headquarters of IBK Industrial Bank in Jung-gu, Seoul (Photo = IBK IBK)

Reporter Chang-Hwan Lee [email protected]

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