Yonhap News30.04.2026BusinessSouth Korea
S. Korean Banking Groups to Provide 1 Trillion Won for Startups
Five banking groups commit 900 billion won to investment funds and 100 billion won in other financial support by 2029
En resumen
- Five South Korean banking groups, led by Hana Financial Group, will provide 1 trillion won (US$680 million) in financial support for startups by 2029.
- The support includes 900 billion won funneled into investment funds and 100 billion won in other financial assistance, aimed at boosting productive finance and revitalizing the venture industry.
Resumen generado por IA
Tamaño de fuente
Five South Korean banking groups, led by Hana Financial Group, will provide 1 trillion won (US$680 million) in financial support for startups by 2029. The support includes 900 billion won funneled into investment funds and 100 billion won in other financial assistance, aimed at boosting productive finance and revitalizing the venture industry.
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This article was originally published by Yonhap News.
