Shinhan Bank Signs MOU with Green N Food for 'Franchisee Financial Support'

Shinhan Bank announced on October 24 that it has signed a business agreement with Green N Food to provide financial support for franchisees.

Kim Kiheung, Head of Sales Promotion Group 2 at Shinhan Bank (left), is taking a commemorative photo with Kim Byunggap, CEO of Green N Food Co., Ltd., during a financial support business agreement ceremony held at the Green N Food headquarters in Yongin, Gyeonggi Province on the 22nd. Provided by Shinhan Bank

Green N Food is a food service company that operates the chicken gangjeong franchise brand "Gangjeong Cheonha." Through this agreement, the two companies will jointly develop financial services by leveraging their core competencies and will provide financial support to franchisees. They also plan to secure and jointly utilize potential customers. In addition, the companies agreed to expand cooperation in various areas, including the use of Shinhan Bank's franchise deposit services.

A Shinhan Bank representative stated, "This agreement aims to create a stable business environment for franchisees through cooperation between the headquarters and the bank, and to ease the initial financial burden for new entrepreneurs. We will continue to provide customized financial solutions for franchisees." A Green N Food representative added, "This will help reduce the financial burden on franchise owners and serve as an opportunity to support their long-term success."

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