Nurturing SMEs
Published: 26 May. 2022, 19:55
The Export-Import Bank of Korea (Kexim) received a presidential citation for its dedication to nurturing small- and medium-sized enterprises (SMEs) during an event that emphasized the importance of collaboration between big corporations and SMEs held in Yongsan, central Seoul, on Wednesday. President Yoon Suk-yeol, left, and chairman and president of Kexim Bang Moon-kyu, center, stand for a photo at the award ceremony. The bank dedicated 30.3 trillion won ($23.9 billion) for the growth of local SMEs last year, the highest ever and 45 percent more than the 20.9 trillion won dedicated 10 years ago. During the same period, the export volume of Korean SMEs increased by 30 percent to stand at $228.4 billion, according to Kexim. It was the only financial institute to receive the citation. [KEXIM]
with the Korea JoongAng Daily
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