Woori Bank Provides 30 Billion KRW Financial Support to Small Businesses in Seongbuk-gu

Woori Bank signed a business agreement on the 22nd with Seongbuk-gu Office and the Credit Guarantee Foundation to support small business owners in Seongbuk-gu.

The signing ceremony held at Seongbuk-gu Office was attended by Lee Seung-ro, Mayor of Seongbuk-gu, Choi Hang-do, Chairman of the Credit Guarantee Foundation, and Jo Se-hyung, Head of Woori Bank's Institutional Group. Through this "Special Contribution Business Agreement for Small Business Owners in Seongbuk-gu," Woori Bank agreed to strengthen mutual cooperation to revitalize the local economy, including financial support for small business owners in Seongbuk-gu.

Under this agreement, Woori Bank will contribute 2.3 billion KRW, Seongbuk-gu Office 100 million KRW, totaling 2.4 billion KRW to the Credit Guarantee Foundation. Based on this, the Credit Guarantee Foundation plans to provide loans totaling 30 billion KRW to small business owners in Seongbuk-gu who lack collateral.

A Woori Bank official stated, "Through this business agreement, Woori Bank, as the custodian bank of Seongbuk-gu, will support small business owners facing difficulties and contribute to revitalizing the local economy, taking the lead in realizing a sustainable society." He added, "We will fulfill our social responsibility in finance by providing practical financial support to vulnerable small business owners and firmly establish our role as a win-win financial institution."

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