Busan Bank Provides 200 Million KRW Financial Support to 7 Key Strategic Industry Companies in Busan
[Asia Economy Reporter Kim Min-young] BNK Busan Bank announced on the 11th that it will provide low-interest financial support to companies engaged in the "7 Strategic Industries of Busan City" starting from the 14th.
This financial support, totaling 90 billion KRW in loans, is a collaboration between Busan Bank, Busan City, and the Busan Credit Guarantee Foundation. It reflects the expectations of the industrial field that, following the focus on financial support mainly for small business owners in the first half of this year, support is also needed for manufacturing and other industries.
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The support targets small and medium-sized enterprises and small business owners located in Busan whose representatives have credit ratings between 1 and 7, and who belong to Busan's 7 strategic industries (Smart Marine Industry, Intelligent Machinery Industry, Future Transportation Equipment Industry, Clean Tech Industry, Global Tourism Industry, Intelligent Information Service Industry, Life Care Industry). Each company can receive up to 200 million KRW.
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