S. KOREA TO PROVIDE $34.9 BILLION AS FINANCIAL SUPPORT TO HOUSEHOLDS, COMPANIES

Highlights –

• S. Korea to provide $34.9 billion as financial support to households, companies.
• The financial support would be given ahead of the Lunar New Year's holiday in February.
• Commercial and state-run banks as well as the central bank will lend a combined 38.4 trillion won.
• Maturity for lending and loan guarantees totaling 10.1 trillion won will also be extende....
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  Tags : SOUTH KOREA GOVERNMENT, SOUTH KOREA FINANCIAL SUPPORT, SOUTH KOREA HOUSEHOLDS, COMPANIES, SOUTH KOREA EMERGENCY CASH HANDOUTS, CORONAVIRUS, PANDEMIC, SOUTH KOREA FINANCE MINISTRY,

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