Finance
iM Bank to provide 260 billion won in mutual-growth finance to local small merchants
iM Bank said on Feb. 19 it will provide 260 billion won in mutual-growth finance to local small merchants by making special contributions to the Daegu and North Gyeongsang credit guarantee foundations. The programme is backed by 14.2 billion won in contributions, including 8 billion won from the bank and 6.2 billion won matched by local governments. It includes about 110 billion won in guaranteed loans and about 150 billion won in first-half support under matched schemes.
