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Shinhan Bank expands productive finance cooperation with OCI Holdings

Shinhan Bank said on Tuesday it signed a business agreement with OCI Holdings at OCI Building in central Seoul to expand support for productive finance and joint cooperation for future growth. The agreement aims to widen financial backing for sectors such as semiconductors, advanced materials and solar power. The two sides plan to pursue financing and arranging support for facility investment and working capital, and cooperate on building a global solar value chain. It also includes green finance to support ESG management and carbon neutrality.