Woori Bank said on Saturday it has made final selections of 35 companies for the seventh cohort of the Rising Leaders 300 mid-sized company financing programme with the Ministry of Trade, Industry and Energy, and will begin full-scale support.

Rising Leaders 300 is a productive finance support programme aimed at identifying mid-sized companies with strong technological capabilities and growth potential and fostering them into key players in next-generation industries. Woori Bank and the ministry have jointly promoted the programme since 2023.

The seventh cohort selection followed a recruitment announcement in March, recommendations from four agencies under the ministry, and a screening by Woori Bank. The final list includes 35 promising mid-sized companies such as Dr.Ag, Jahwa Electronics, Silicontwo and Powermax.

Woori Bank will provide selected companies with up to 30 billion won per firm and interest-rate discounts of up to 1.0 percentage point in the first year. It also plans to support a range of non-financial services, including trade finance solutions, ESG response consulting and digital transformation consulting.

Park Hwa-geun (박화근), head of corporate sales strategy at Woori Bank, said the bank aims to provide practical financial benefits so mid-sized companies with growth potential can take the next step in global markets. He said the bank will continue productive finance support to secure future growth engines for mid-sized companies and help add vitality to the economy.