Woori Bank said on the 9th that it has launched the "Woori regional leading corporations loan," a product to support high-potential growth industries outside the Seoul metropolitan area. The bank emphasized that this is part of the shift to productive and inclusive finance totaling 80 trillion won that Yim Jong-ryong, Woori Financial Group chairman, recently pledged.
Through this product, Woori Bank plans to offer preferential interest rates to corporations in high-potential growth industries outside the metropolitan area that are recommended by institutions and associations. In particular, for new customers and corporations with strong technology ratings, branch managers will be able to grant rate benefits at their discretion.
In addition, when local corporations apply for facility loans to purchase commercial real estate outside the metropolitan area, the bank will raise the loan limit by up to 15%. A bank official said this is to "strengthen the virtuous cycle of regional economies by expanding the supply of productive finance and fostering the growth of small and midsize corporations," adding, "We will contribute to overcoming the single-pole structure centered on the metropolitan area and to balanced regional development."