Woori Bank Signs Business Agreement with Alba Cheonguk to Support Small Business Owners

Hwang Won-cheol (left), Executive Director of Woori Bank Digital Finance Group, and Gong Seon-uk, CEO of Media Wall Networks, are posing for a commemorative photo after signing a partnership agreement for small business owners and job seekers at Woori Bank headquarters in Jung-gu, Seoul, on the 16th.

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 17th that it signed a 'Partnership Business Agreement for Small Business Owners and Job Seekers' with MediaWill Networks, the operator of 'Albacheonguk,' at its headquarters in Jung-gu, Seoul on the 16th. The signing ceremony was attended by Hwang Won-cheol, Executive Director of Woori Bank's Digital Finance Group, and Gong Seon-wook, CEO of MediaWill Networks.

Albacheonguk is the largest job recruitment platform in Korea, used by more than 3 million small business owners and job seekers monthly.

Woori Bank agreed with MediaWill Networks to develop recruitment and job-seeking solutions using both companies' applications and other non-face-to-face channels, participating in solving the recruitment difficulties of business owners and the job-seeking challenges of youth. They also plan to conduct joint research utilizing big data such as employment statistics and financial trends, and to develop and market customized financial products for small business owners.

A Woori Bank official said, "We will develop financial services that can help small business owners and young job seekers nationwide who are struggling due to COVID-19 (novel coronavirus infection) and enable both companies to coexist and prosper together."

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