Inheritance and Asset Consulting Included: DL E&C Signs "High-End Financial Agreement" for Apgujeong District 5

MOU Signed with 10 Financial Institutions

Offering "The Rich Finance" Partnership

DL E&C has signed a financial business agreement (MOU) with 10 financial institutions to ensure stable funding and provide high-quality asset services for the "Apgujeong District 5 Reconstruction Project."

DL E&C announced on March 11 that, on March 10, it signed a high-end financial business agreement for Apgujeong District 5 with a total of 10 financial institutions, including the five major commercial banks (KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank) and the five major securities companies (KB Securities, NH Investment & Securities, Samsung Securities, Korea Investment & Securities, and Kiwoom Securities).

Park Changyong, Head of Order Management Office at DL E&C Housing Business Division (right), and Cheon Byungjoo, Regional Representative of Hana Bank Jongno Sales Headquarters, are posing for a commemorative photo after signing a high-end financial business agreement (MOU) for Apgujeong 5 District. Provided by DL E&C

Through this agreement, DL E&C plans to offer a high-quality financial solution partnership, "The Rich Finance," exclusively for members of the Apgujeong District 5 association. The Rich Finance is an integrated financial package exclusive to association members, providing services ranging from asset management to tax consulting, inheritance, and gift advisory, in connection with private banking (PB) services of Korea’s top financial institutions.

According to DL E&C, the 10 participating financial institutions decided to join the agreement in recognition of the future asset value of Apgujeong District 5, DL E&C’s financial soundness (AA- credit rating), and its industry-lowest debt ratio of 84%. As a result, Apgujeong District 5 will be able to secure stable funding lines even amid external risks such as future interest rate volatility. Association members are expected to enjoy financial services under the most favorable conditions available in Korea.

A DL E&C representative said, "By combining DL E&C’s industry-leading financial stability with the capital strength of Korea’s top financial institutions, we will deliver high-end financial solutions to our association members." The representative added, "Unlike other construction companies, DL E&C is focusing solely on bidding for Apgujeong District 5 within the Apgujeong area and will continue to offer the best business conditions for this project."

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