Search results for Korea SMEs and Startups Agency
Finance
Financial innovation and bespoke finance accelerate amid Middle East risk
Geopolitical risk from the Middle East is shaking monetary and financial policy, with the Bank of Korea holding its policy rate at 2.50 percent for a seventh straight meeting. Governor Rhee Chang-yong warned stagflation cannot be ruled out depending on developments. Financial authorities are expanding support by 26.8 trillion won and boosting contributions and small loans for vulnerable groups. Banks are testing new credit-scoring models for small merchants and firms are widening AI- and platform-based services.
Finance
KB Financial Group, KOSMES step up industrial safety support program, select 50 suppliers
KB Financial Group said on April 12 it selected 50 safety-technology suppliers for a small business industrial safety support programme run with the Korea SMEs and Startups Agency. The programme is designed to give suppliers opportunities for technology verification and business expansion, while helping demand companies improve working conditions and strengthen safety capabilities. The partners will provide 3.3 billion won and apply a performance-based support model.
Finance
KB Kookmin Bank, KOSMES to provide 6 trillion won in productive finance support for Middle East-affected firms
KB Kookmin Bank said on April 12 it will run a 6 trillion won productive finance support programme with the Korea SMEs and Startups Agency. The programme, effective from April 13, targets SMEs and venture companies using policy funds and offers special interest rate preferences within the limit. Firms covered by agreement guarantees will receive additional benefits, including guarantee ratio and fee reductions. The bank plans to expand support for firms hit by Middle East-related logistics cost increases and contract delays.
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Games & Commerce
Cafe24 joins \'Sodam Square Chungnam\' public-private infrastructure project
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Finance
KB Financial holds productive finance council, launches National Happiness Growth project
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AI & Enterprise
South Korea pushes N2SF incentives to encourage public sector adoption
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Finance
KB Financial Group recruits firms for SME industrial safety support project
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Finance
Use post office debit card for small business management stability voucher
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Industry
Industry ministry distributes tariff response videos and reports
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AI & Enterprise
Generative AI Startup Association to hold Korea-Japan AI startup meetup day in Tokyo
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Finance
Fintech hot issue: AI services spread across finance as BNPL market expands
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Finance
NH Nonghyup Bank launches preferential savings for SME employees
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Finance
KB Kookmin Bank launches \'KB Preferential Savings for SME Employees\'