Korea Federation of SMEs and IBK Join Hands to Revitalize Mutual Aid Fund

Guidance on the Mutual Aid Fund Provided Through Nationwide Branches and Mobile App

The Korea Federation of SMEs announced on October 6 that it will begin a full-scale implementation of its 'collaboration project to revitalize the SME Mutual Aid Fund' with IBK Industrial Bank of Korea.

This collaboration is designed to extend the use of the mutual aid fund to more SMEs through IBK's business channels. The mutual aid fund will also be promoted at IBK branches nationwide, as well as through online channels such as the IBK BOX mobile app.

Front view of the Korea Federation of Small and Medium Business. Korea Federation of Small and Medium Business

Until the end of November, an event will be held in which customers who newly sign up online using the QR codes on tablets and leaflets available at IBK branches nationwide will receive Naver Pay gift certificates.

Lee Changho, head of the Mutual Aid Fund Division at the Korea Federation of SMEs, said, "Through cooperation with IBK, we now have an opportunity to inform a greater number of SMEs and small business owners about the mutual aid fund," and added, "We will continue to enhance access to the mutual aid fund through collaborations with various organizations, enabling SMEs to prepare for crises and receive practical financial support."

This content was produced with the assistance of AI translation services.