S. Korea to provide loans worth 100 tln won to innovative firms, SMEs
South Korea’s financial regulator said Thursday it will offer innovative firms and small- and medium-sized enterprises (SMEs) loans worth 100 trillion won (US$88.5 billion) over the next three years. The massive loan package is aimed at revitalizing the nation’s sluggish economy at a time when the economy faces downward risks, including weaker domestic investment and […]