Finance
Sh Suhyup Bank seeks applicants for fisheries development fund
Sh Suhyup Bank said on Jan. 19 it will recruit applicants until Feb. 6 for projects under the 2026 Fisheries Development Fund. The fund totals 180.4 billion won, including 10.5 billion won for management improvement funds for TAC participants, 46.7 billion won for support for quality seafood and 51.6 billion won for seafood purchase support. It also includes funding for processing facilities, operations and distribution. Loan rates generally apply at 2.5 percent a year for fishermen and 3 percent for non-fishermen.
