Hana Bank to Provide 20 Billion KRW in Financial Support for SMEs in Daejeon and Chungcheong
Special Contribution of 1 Billion KRW to Korea Technology Finance Corporation
"Expanding Productive Financial Support"
Hana Bank announced that it signed a business agreement with the Korea Technology Finance Corporation on the 19th to provide financial support worth 20 billion KRW for technology-based small and medium-sized enterprises (SMEs) in the Chungcheong region.
This agreement was established to discover and foster new key growth engines for the Chungcheong region's economy by expanding productive finance to ensure stable business operations and strengthen the technological competitiveness of SMEs located in Chungcheong, including Daejeon and Sejong.
Hana Bank will make a special contribution of 1 billion KRW to supply 20 billion KRW in SME development funds. By offering guarantees with a preferential guarantee ratio (100%) and a reduction in guarantee fees (by 0.2 percentage points) through the Korea Technology Finance Corporation, the bank aims to help SMEs overcome liquidity shortages and reduce financial costs.
Lee Dongyeol, Vice President of Hana Bank Chungcheong Sales Group (left), who attended the agreement ceremony, is posing for a commemorative photo holding the agreement document with Jung Daeyoung, Head of the Chungcheong Regional Headquarters of the Korea Technology Finance Corporation. Hana Bank
View original imageEligible recipients are technology-based SMEs located in Daejeon, Sejong, South Chungcheong, and North Chungcheong that meet the Korea Technology Finance Corporation's guarantee requirements. They can receive up to 300 million KRW in operating funds.
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Lee Dongyeol, Vice President of Hana Bank Chungcheong Sales Group, stated, "Through this agreement, we will take the lead in expanding productive finance for SMEs with outstanding technological capabilities in Daejeon and the Chungcheong region," adding, "We will continue to provide unwavering support to boost the vitality and growth of the regional economy."
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