Woori Bank Supports Semiconductor, AI, and Robot Export Companies

Expansion of Financial Support for Export-Import Companies

On July 22, Woori Bank announced the launch of its new export-import finance product, the "Woori Growth Industry Export-Import Package," aimed at strengthening the global competitiveness of innovative growth companies and high-quality export-import companies.

Through this new product, Woori Bank offers export-import companies competitive interest rates and integrated credit limits. For import companies, the package provides integrated limits for opening import letters of credit, while for export companies, it applies integrated limits to various transactions such as export bill purchases (OA, DA, DP), thereby supporting more flexible fund management.

This product is available to new customers who have not conducted export-import finance transactions with Woori Bank in the past six months and are either companies producing innovative growth items or export-import companies with customs-cleared export-import performance of at least USD 10 million in the previous year.

Innovative growth items can be verified through the Innovative Growth Intelligence System (IGS) of the Korea Credit Information Services, and comprise 240 items, including semiconductors, artificial intelligence (AI), and manufacturing robots, reflecting government policies and industry trends.

A Woori Bank official stated, "This new product is designed to reduce the financial burden on export-import companies and actively support domestic companies with innovative technologies in entering overseas markets," adding, "We will continue to enhance financial support to help companies achieve sustainable growth in the global market."

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