HIRA Supports Low-Interest Loans for Local SMEs with IBK and Others

The Health Insurance Review & Assessment Service (HIRA) announced on the 21st that it signed a business agreement on the 20th at Wonju City Hall to promote the 'Public Institution-Small and Medium Enterprise (SME) Win-Win Growth Cooperation Project.'

[Photo by Health Insurance Review & Assessment Service]

Six organizations participated in this cooperation project, including HIRA, Wonju City, IBK Industrial Bank of Korea, Korea Tourism Organization, Korea Coal Corporation, and Wonju Medical Device Techno Valley.

The win-win growth cooperation business agreement was established to support low-interest loans to local SMEs through collaboration between Wonju City and IBK Industrial Bank of Korea, based on deposits prepared by public institutions in the Wonju Innovation City. The main contents of the agreement include ▲establishing and operating a network for the win-win growth cooperation project ▲supporting interest on loans for local companies ▲matters related to mutual growth and cooperation with SMEs.

HIRA prepared a deposit of 400 million KRW for interest support by utilizing non-budgetary funds such as a fund jointly created by labor and management. Going forward, detailed matters such as the target and scope of support will be discussed with IBK Industrial Bank of Korea to deposit the funds.

Oh Su-seok, Executive Director of Planning at HIRA, said, “Through this agreement, we will support local SMEs struggling with high interest rates to secure funds smoothly. We will actively seek ways to contribute to mutual growth and cooperation with the local community in the future.”

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