Bank of Korea Gwangju Jeonnam, FEZ Resident Companies Financial Support Business Agreement
[Asia Economy Honam Reporting Headquarters Reporter Jin-Hyung Park] The Gwangju-Jeonnam Headquarters of the Bank of Korea and the Gwangju Free Economic Zone Authority signed a business agreement on the 12th to provide financial support to small and medium-sized enterprises (SMEs) located in the Free Economic Zone.
The main contents of the agreement are ▲active cooperation between the two organizations to provide financial support to SMEs in the Gwangju Free Economic Zone ▲alleviation of financial difficulties for SMEs ▲sharing of information related to supported SMEs.
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The Gwangju-Jeonnam Headquarters of the Bank of Korea plans to support up to 2 billion KRW per company for SMEs certified by the Gwangju Free Economic Zone Authority, which is expected to enhance the competitiveness of local SMEs and contribute to revitalizing the regional economy, including job creation within the region.
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