Finance
Woori Bank launches loan for exporters, raises facility funding limit up to 15 percent
Woori Bank launched a loan product for exporters to ease funding burdens by providing up to a 15 percent additional facility-loan limit and preferential interest rates and foreign-exchange fees. The bank said the product targets companies with a certain credit rating and export performance within the past year. It said firms using Korea Trade Insurance Corp export credit guarantees can receive additional rate benefits at branches.