Finance
Hana Bank to support anchor firms in Busan and Yeongnam
Hana Bank said on Tuesday it signed an agreement with Busan city, the Busan Chamber of Commerce and Industry, Kibo Technology Fund and Korea Credit Guarantee Fund to support the development of anchor firms in the Busan and Yeongnam region. The bank will contribute 15.2 billion won to supply 505.6 billion won in liquidity and subsidise guarantee fees on part of the support for 2 years. Busan will also offer interest subsidies for working capital loans.