IBK Industrial Bank Pledges $1.1 Billion in Cheaper Loans for Small Korean Firms
Why it mattersSmall and mid-sized firms employ most of South Korea's workforce, so cheaper, state-backed credit for them ripples through the broader econ…
IBK, Korea's state SME bank, will offer 1.5 trillion won in cheaper loans with rate cuts up to 1.3 points for small and strategic firms.
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