HF Construction, Nambu Power, and Hana Bank Sign Agreement to Support SMEs for ESG Finance Activation

President Choi Jun-woo of the Korea Housing Finance Corporation (center) is taking a commemorative photo after signing a business agreement with Park Sung-ho, President of Hana Bank (first from the left), and Lee Seung-woo, President of Korea South-East Power.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Housing Finance Corporation (HF) has signed a 'Business Agreement to Support Small and Medium Enterprises through the Activation of ESG Finance' with Korea Southern Power and Hana Bank.

HF Corporation and Hana Bank plan to provide preferential interest rates on corporate loans to Southern Power's partner companies engaged in green projects by allocating a portion of the contracted profits generated from HF Corporation's fund management through customized ESG financial support.

The scale of corporate loan support is approximately 30 billion KRW, and the support recipients will be selected from partner companies recommended by Southern Power.

Choi Jun-woo, President of HF Corporation, said, "This agreement enables customized ESG financial support with public interest," and added, "The corporation plans to gradually expand ESG financial support through collaboration with related organizations."

HF Corporation is taking the lead in practicing ESG management by setting strategic tasks reflecting its commitment to ESG management and establishing an 'ESG Management Promotion Plan.'

ESG stands for Environment, Social, and Governance, a corporate management approach emphasizing eco-friendliness, social responsibility, and transparent management.

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