About 80 companies in Daegu and North Gyeongsang Province discuss support with 6 policy financial institutions

South Korea’s Financial Services Commission and six policy financial institutions—Korea Development Bank, Industrial Bank of Korea, Korea Credit Guarantee Fund, Korea Trade Insurance Corporation, Export-Import Bank of Korea, and Korea Technology Finance Corporation—met with about 80 companies in Daegu on November 13 to discuss financing support and hold on-site consultations, drawing roughly 150 attendees. The event was the second “Policy Finance Companion” session, following a June event in Daejeon that involved about 70 companies from the Daejeon and Chungcheong regions. The initiative brings the six institutions directly to regional industrial sites to hear companies’ financing difficulties. It matters because it extends policy lenders’ outreach beyond the capital area to key small and mid-sized exporters and manufacturers. Watch next for how the previously announced plan to supply 4.5 trillion won in low-interest guaranteed loans to non-capital-area core SMEs and mid-sized companies over three years translates into actual lending through these consultations.