Shinhan Bank, Korea Electric Power Corporation, and SGI Seoul Guarantee Sign Business Agreement

Financial Support Program for Excellent Partners of Korea Electric Power Corporation

Establishing a 'Grow Together' Ecosystem through Preferential Interest Rates and Financial Consulting

[Asia Economy Reporter Sim Nayoung] Shinhan Bank (CEO Jin Ok-dong) announced on the 16th that it has signed a financial support business agreement with Korea Electric Power Corporation (KEPCO) and SGI Seoul Guarantee Insurance to support KEPCO's outstanding partner companies.

The business agreement was held at Shinhan Bank's headquarters located in Jung-gu, Seoul, with Shinhan Bank's Kang Shintae, Head of the Corporate Group, KEPCO's Vice President Lee Hyunbin, and SGI Seoul Guarantee's Executive Director Hwang Euitak attending and pledging support for outstanding partner companies.

Through this business agreement, when KEPCO selects and recommends outstanding partner companies, Shinhan Bank plans to provide financial services such as loans and guarantee products in cooperation with SGI Seoul Guarantee to build a co-growth ecosystem.

Special preferential interest rates and financial consulting will be provided to outstanding partner companies to support their growth.

A Shinhan Bank official said, "We are pleased to be able to provide financial support to KEPCO's outstanding partner companies through this agreement," adding, "We will continue to build an ecosystem where companies and banks can 'grow together' by supporting excellent small and medium-sized enterprises and practice warm companionship."

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