Housing Finance Corporation Provides Financial Support to SMEs with ESG Management

Korea Housing Finance Corporation (HF) is providing financial support to ESG management small and medium-sized enterprises (SMEs) to build a co-growth ecosystem and promote ESG management.

HF Corporation signed a business agreement with Korea Technology Finance Corporation and Woori Bank to ‘Support SMEs through Activation of ESG Finance’.

According to this agreement, HF Corporation will use part of the operating income from surplus funds deposited at Woori Bank to offer preferential interest rates or guarantee fee support for loans to local ESG SMEs.

Korea Technology Finance Corporation will recommend local ESG SMEs and issue ESG guarantees, while Woori Bank will execute loans and manage funds for ESG SMEs recommended by Korea Technology Finance Corporation.

(From left) Josehyung Jo, Head of Institutional Group at Woori Bank; Gyujin Lee, Director of Korea Housing Finance Corporation; Juseon Park, Director of Korea Technology Finance Corporation, are taking a commemorative photo of the agreement signing.

An HF Corporation official said, “This agreement is expected to help build a co-growth ecosystem between the corporation and local SMEs,” adding, “The corporation will continue to actively strive to strengthen ESG management.”

HF Corporation has designated its CEO as the Chief ESG Officer to actively implement government policies related to ESG and has established the ‘HF ESG Management Mid-to-Long Term Roadmap’ to lead ESG management practices at the corporate level.

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