Korea Capital Signs Financial Support Agreement for Agricultural Workers with BC Card and Daedong

[Asia Economy Reporter Park Hyungsoo] Korea Capital, a specialized financial company, signed a memorandum of understanding (MOU) with BC Card and Daedong to support agricultural workers.

Korea Capital announced on the 20th that it held a business agreement ceremony among Korea Capital, BC Card, and Daedong at Daedong's Seoul office. Key officials including Lee Sangchun, CEO of Korea Capital, Choi Wonseok, President of BC Card, and Won Yuhyun, CEO of Daedong, attended the event.

Through this business agreement, Korea Capital will provide low-interest agricultural machinery leases to farmers and agricultural corporations. Additionally, they plan to convert promissory note transactions between Daedong and its dealerships into leases.

The three companies agreed to continuously expand their collaboration. They plan to launch various products within the year to support agricultural workers, such as providing low-interest funds for the replacement and expansion of farming facilities.

A company representative explained, "Through low-interest lease products, we can reduce the burden on agricultural workers for purchasing expensive agricultural machinery," and added, "We expect the business synergy among the three companies to expand further through this agreement."

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