Government to achieve its technology finance goal by the end of the year

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Technology Credit Bureaus(TCB) provided total 3,187 loans based on technology assessment results which amounts at 1.8 trillion won as of the end of September, 2014. It is expected to achieve the initial goal of 7,500 loans at current pace by the end of the year.

< Total number & amount of technology credit loan>

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Amount of technology credit loan provided by banks account for 40% of the total, which reflects increasing number of banks are volunteerly giving out loans based on technology assessment results.

 

 < Number & amount of technology credit loan by banks (end-Sep) >2

Loans provided by IBK accounts for 1/3 of the total leading the movement to improve financing structure for SMEs.

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