IBK Industrial Bank - Naval Logistics Command, Mutual Cooperation and Support Agreement for Small and Medium Defense Industry Companies

IBK Industrial Bank announced on the 20th that it signed a business agreement with the Naval Logistics Command on the 19th to promote mutual development and strengthen support for the growth of small and medium defense industry companies supplying the Naval Logistics Command.

Through this business agreement, IBK Industrial Bank will cooperate to ensure that small and medium defense industry companies supplying the Naval Logistics Command receive smooth financial support, and will provide financial education and training facilities for the personnel of the Naval Logistics Command.

The Naval Logistics Command will support smooth fund management by disbursing advance payments to small and medium defense industry companies, and will promote ‘i-ONE JOB,’ an employment portal site operated by IBK Industrial Bank, targeting discharged officers and civilian employees.

An IBK Industrial Bank official said, “This business agreement will broaden the financial and economic perspectives of the Naval Logistics Command personnel and help them in their job search activities after discharge,” adding, “We will also do our best to support the development of small and medium defense industry companies.”

A Naval Logistics Command official said, “Through this financial support business agreement for small and medium defense industry companies, the first of its kind in the entire military, we expect to provide a stable growth foundation for the globally recognized K-Defense industry and contribute to revitalizing the domestic economy through the prompt execution of budgets.”

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