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Search results for Seoul Credit Guarantee Foundation

Finance

Shinhan Bank, Seocho-gu, Seoul credit guarantee foundation cooperate to support growth of AI, ICT firms

Shinhan Bank will work with Seoul\'s Seocho-gu district and the Seoul Credit Guarantee Foundation to support AI and ICT companies in the Seocho area with financing, guarantees, consulting and investment links. The three parties signed a comprehensive agreement on Sept. 7. The plan covers support by growth stage, from identifying firms to credit guarantees, financial consultations, management consulting and investment connections. They also plan joint briefings, consultations, IR and training programmes.

Finance

Seoul launches Ansim Account No. 4 at six banks, raises cap to 20 million won

Seoul will launch Ansim Account No. 4 on Sept. 3 to support small business owners and self-employed people, raising the maximum limit per business to 20 million won from 10 million won. The city will supply 300 billion won under the programme from Sept. 3, bringing this year’s total supply to 500 billion won. The product is a revolving credit line with interest charged only on amounts used and tiered limits based on business history, credit scores and reported sales.

Finance

KakaoBank to provide 17 billion won in loans to small merchants in six Seoul districts

KakaoBank will supply about 17 billion won in loans to small merchants in six districts in Seoul in cooperation with the Seoul Credit Guarantee Foundation and the districts. The bank said it signed a business agreement for special contributions to support local economies. The programme follows a 10 billion won special contribution announced in May, with 5 billion won earmarked for district-linked support. Eligible merchants can borrow up to 100 million won.