Banking groups pledge W1tr to government-led venture funding initiative

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Source: The Korea Herald
Published: 2026-04-30 19:38 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, South Korea, World News, Business & Economy, Asia Pacific, Technology
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Snippet:
Korea's five major banking groups pledged to commit a combined 1 trillion won ($675.3 million) to support the country's venture and startup ecosystem, joining a government-led push to revive venture investment with private capital.
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