Woori Bank Signs Business Agreement on Win-Win Payment System with Korea Information and Communication Industry Promotion Agency

[Asia Economy Reporter Jin-ho Kim] Woori Bank announced on the 23rd that it has signed a "Business Agreement for the Introduction of a Win-Win Payment System for Co-Growth and Mutual Development with Partner Companies" with the National IT Industry Promotion Agency, a public institution under the Ministry of Science and ICT.

Through this agreement, Woori Bank will provide the win-win payment system to partner companies of the National IT Industry Promotion Agency, ensuring that partner companies receive cash payments on the payment due date.

Additionally, before the payment due date, partner companies can convert payment amounts into cash early at low interest rates equivalent to the credit rating level of public institutions. This will help the National IT Industry Promotion Agency support the stable management of partner companies, while partner companies can reduce financial costs and secure cash liquidity.

A Woori Bank official stated, "Through this agreement, Woori Bank will support the co-growth of small and medium-sized enterprises by providing not only win-win payments for partner companies dealing with the National IT Industry Promotion Agency but also various financial services such as customized consulting."

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