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Search results for Korea Credit Guarantee Fund

Finance

KB Kookmin Bank signs deal with KODIT to support 600 billion won in productive finance

KB Kookmin Bank said on Thursday it signed two agreements with the Korea Credit Guarantee Fund to expand productive finance and support growth recovery, including a region-focused programme. Under the deals, the bank will make a 17 billion won special contribution to the fund and, based on it, plans to supply 600 billion won in guarantee-backed secured loans. Support and fee benefits differ between the general and regional programmes.

Finance

Hana Bank signs financial support deal to foster K-content industry

Hana Bank said on Monday it has signed a financial support agreement with the Korea Credit Guarantee Fund and the Korea Creative Content Agency to strengthen the competitiveness of South Korea\'s cultural content industry and support the global spread of K-content. The deal aims to help cultural content companies that have original ideas and creativity but face difficulties raising funds. Hana will contribute 1 billion won to the fund and support guarantee fees.

Finance

IBK Industrial Bank of Korea to provide 200 billion won support to SMEs involved in navy vessel MRO

IBK Industrial Bank of Korea said on Monday it will provide 200 billion won in financial support to small and medium-sized enterprises involved in South Korea\'s navy vessel maintenance, repair and overhaul (MRO) business. The bank signed an agreement with the Korea Credit Guarantee Fund and the Korea Technology Finance Corp. Eligible firms are those with a track record in the programme or planning to participate. The bank plans to offer interest-rate cuts of up to 1.3 percentage points.