Loans to small and mid-sized firms surged by 36.6 trillion won after martial law – Yoon risk grew by 31 trillion in just 10 months

Key points in 3 lines

1. According to data from The Bank of Korea, temporary special loans to small and mid-sized businesses rose to around 36 trillion won right after martial law, before falling to about 20 trillion won at present.
2. The number of beneficiary companies fell from 130,000 to around 120,000, and the figures are based on data from The Bank of Korea and the office of lawmaker Jung Il-young.
3. Lawmaker Jung Il-young said political instability leads to economic instability, and stressed that the government must prepare measures to protect small and mid-sized businesses.

Written by our reporter · 3-line summary by Koto, The Korean Today's AI assistant · 88 languages ⓘ