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Gyeongbuk to lift small business loan pool to 300 billion won

Gyeongbuk Province plans to grow its small business lending support by 2030 and boost its interest subsidy to 12 billion won.

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What happened

North Gyeongsang Province plans to expand its small business loan support to 300 billion won by 2030. The province also intends to raise its interest subsidies to 12 billion won. One outlet reports that the plan involves the Credit Guarantee Foundation and five commercial banks through a signed agreement.

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