Supporting Small Business Challenges... DGB Daegu Bank Provides 'Special Fund Loans' Within a 1 Billion KRW Limit

Additional Support for SMEs: Up to 1 Billion KRW Limit, Maximum 1.5%p Interest Rate Reduction

DGB Daegu Bank is providing a 500 billion KRW "Chuseok Special Fund Loan" starting from the 25th to help overcome the difficulties of local small and medium-sized enterprises ahead of the Chuseok holiday.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] DGB Daegu Bank is providing a 500 billion KRW "Chuseok Special Fund Loan" starting from the 25th to help local small and medium-sized enterprises (SMEs) overcome difficulties ahead of the Chuseok holiday.

This loan targets SMEs experiencing temporary financial difficulties and will be available until the 23rd of next month.

The support amount per company is up to 1 billion KRW, and to alleviate the financial burden on local SMEs facing management difficulties due to recent increases in raw material prices and labor costs, an additional interest rate reduction of up to 1.5 percentage points will be provided.

In particular, to ensure swift fund support, loan processing procedures such as credit evaluation and approval authority have been simplified to enhance customer convenience.

A DGB Daegu Bank official stated, "We hope that the Chuseok Special Fund Loan support will help companies facing management difficulties secure smooth funding, and we will continue to strive to become the number one supportive bank for our customers through various support policies."

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