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Finance

Woori Bank opens Gangnam BIZ Prime Center to expand productive finance

Woori Bank said on Jan. 23 it opened the Gangnam BIZ Prime Center on Jan. 22 in Seoul’s Gangnam area, a corporate finance unit dedicated to companies in advanced strategic industries. The center will provide tailored financial support for firms in semiconductors, secondary batteries, biotechnology, AI and future mobility. The bank plans to actively operate dedicated products and help companies raise funds through policy finance, guarantee-agency agreements and investment links, alongside financial consulting.

Finance

Woori Bank to expand preferential loans for innovative tech firms in advanced strategic industries

Woori Bank said on Thursday it has launched “Woori Advanced Leading Company Loan” in support of financial regulators’ “productive finance” policy shift and to underpin real-economy growth. The product is part of Woori Financial Group’s “Future Companion Growth Project” and is included in a plan to supply 56 trillion won in corporate loans. It focuses on expanding financial support for companies in advanced strategic industries and firms with growth potential and technological capability.