Kakao Lends Up to 100 Billion KRW to Kakao Enterprise
[Asia Economy Reporter Yoo Byung-don] Kakao announced on the 15th that it has decided to lend up to 100 billion KRW as operating funds to its affiliate Kakao Enterprise.
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The interest rate is 8.15% per annum and the applied rate may change every three months. The maturity is one year from the initial lending date.
This content was produced with the assistance of AI translation services.
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