IBK Industrial Bank Supports Business Normalization for Restructuring SMEs

Small and Medium Enterprises with Excellent Technology Attract 33 Billion Won Investment Successfully

[Asia Economy Reporter Park Sun-mi] IBK Industrial Bank announced on the 14th that it supported small and medium-sized enterprises undergoing restructuring to attract investments totaling 33 billion KRW.

The companies that succeeded in attracting investment are T&F Global and Highgain Antenna. T&F Global secured 23 billion KRW from the 'Woori-Q Corporate Financial Stability PEF,' and Highgain Antenna attracted 10 billion KRW from the 'Now IB-KB Securities Corporate Financial Stability PEF.'

IBK Industrial Bank provided a foundation for business normalization through its rapid financial support program, offering loan principal repayment deferrals and interest reductions, and laid the groundwork for a new leap forward with this investment attraction support. It also supported the sale of business sites and the reorganization of business portfolios.

An IBK Industrial Bank official stated, “We will continue to actively support small and medium-sized enterprises facing financial difficulties but possessing technological capabilities and growth potential to help them normalize their management.”

This content was produced with the assistance of AI translation services.