Hong Soo-hwan is taking a commemorative photo with the Construction Mutual Aid Association employees after the lecture. <Photo by Construction Mutual Aid Association>

Hong Soo-hwan is taking a commemorative photo with the Construction Mutual Aid Association employees after the lecture.

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Amid rising interest rates and a downturn in the real estate market, the Construction Mutual Aid Association, celebrating its 59th anniversary, announced on the 20th that it will strengthen construction finance stability and crisis response capabilities.


At the anniversary ceremony held at the association's headquarters in Gangnam-gu, Seoul, Chairman Park Young-bin emphasized the reality of an economic recession caused by recent interest rate hikes and asset market crashes, presenting enhancing business competitiveness, strengthening crisis response capabilities, and securing financial stability as key tasks to overcome the crisis.


He stated, "If we protect the assets of our members based on stable construction finance services, we will be able to increase members' trust and continue to play a pivotal role in construction finance."



In the following special lecture, former boxing champion Hong Soo-hwan attracted attention as the speaker. Hong said, "Sweat and effort never betray," and delivered an engaging and refreshing talk about the indomitable spirit of never giving up, drawing enthusiastic responses from the staff.


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

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