SH and Woori Bank Establish 40 Billion Won "Win-Win Fund" for Partner Company Financial Support

by Lee Jungyun

Published 05 Nov.2025 14:21(KST)

From the left, Jung Jinwan, President of Woori Bank, and Hwang Sangha, President of Seoul Housing & Communities Corporation (SH), are taking a commemorative photo after signing a cooperation agreement for the creation of a win-win fund on the 4th. SH

Seoul Housing & Communities Corporation (SH) announced on November 5 that it has signed an agreement with Woori Bank to establish a 40 billion won “win-win fund” to provide financial support for partner companies struggling due to the downturn in the construction industry.

The win-win fund is financed by interest income generated from SH’s idle funds. The program offers low-interest loan products for partner companies, with Woori Bank providing additional interest rate reductions. The goal is to lower the funding costs for partner companies and provide practical support for their business stability.

To create the win-win fund, SH will deposit 20 billion won with Woori Bank, using the resulting interest income to subsidize loan interest rates. Woori Bank will further reduce interest rates, executing a total of 40 billion won in loans.

The total interest rate support amounts to 1.48 percentage points. Partner companies will benefit from a 1.28 percentage point reduction based on SH’s term deposit rate, with an additional 0.2 percentage point reduction provided by Woori Bank.

Eligible applicants are partner companies with contract amounts of at least 10 million won as of the application date. Loans are available for one year, ranging from 10 million won to 500 million won per company.

SH plans to establish the win-win fund within this month and operate it for about one year, from November 18 until October 31 of the following year. The corporation will actively promote the program to partner companies and aims to enhance its effectiveness by continuously improving the program through monitoring loan status and conducting satisfaction surveys.

Hwang Sangha, President of SH, stated, “The win-win fund is an important model that effectively reduces the financial burden for partner companies and contributes to the recovery of the local economy and industrial ecosystem. We will continue to grow as a public corporation that achieves sustainable growth together with our partners through various win-win programs.”