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Small and Medium Enterprise (SME) 300 billion Revitalization Financing Program

In response to the external impact of the post-pandemic global political and economic upheaval, the MOF supervises the consolidation of resources in the banks with government-owned shareholdings and jointly launched the Small and Medium Enterprise (SME) 300 billion Revitalization Financing Program.” This program is designed for micro and startup businesses, as well as SMEs in need of operational funding during the post-pandemic period. The 8 banks with government-owned shareholdings will provide a total of NT$300 billion in financing with their own funds from April 17, 2023 to December 31, 2024. The program offers a maximum interest rate of 2.595% (based on the floating rate of 2-year Time Deposit of Chunghwa Post Co., Ltd plus 1%), which will assist SMEs in obtaining a more advantageous loan with interest rates lower than 3%, helping them to recover quickly, supporting their innovation and transformation, enhancing industrial competitiveness, and strengthening business resilience to fulfill corporate social responsibility.

Issued:Dept. of Planning Release date:2023-04-28 Last updated:2023-04-28