Newsletter

Woori Bank’s 30 Billion Won Contribution to Boost Small and Medium Export Companies

[사진: 우리은행]

[디지털투데이 강진규 기자] Woori Bank made a special contribution of 30 billion won to the Korea Trade Insurance Corporation to support small and medium export companies with excellent global growth potential.

On the 29th of last month, Woori Bank signed a business agreement with the Korea Trade Insurance Corporation for ‘favorable financing for export packages through special appearances and support for guarantees and insurance premiums’ and decided to strengthen the competitiveness of small and medium exports. companies.

The financing of preferential export packages targets export-related financing, such as ▲ export bond collateral loans, ▲ financing for the import of raw and supplementary materials, and ▲ financing for the manufacture of export goods.

First, Korea Trade Insurance Corporation issues ‘Export Package Special Financing Guarantee’ using 30 billion won by Woori Bank. Small and medium companies that obtain this guarantee will receive special benefits such as ▲guarantee / insurance limit increased up to 2 times ▲guarantee fee discounted by 20% ▲guarantee ratio increased to 95%.

Woori Bank provides special support to companies that have obtained a guarantee from the Trade Insurance Corporation up to a one-time limit of 20 million won, and provides a 1% interest rate discount when borrowing using the guarantee as collateral. In addition, various financial fees are treated favorably, such as ▲ export conversion fees, ▲ export / import foreign exchange transfer fees, and ▲ credit opening and notification fees.

Woori Bank also supports ‘free subscription to short-term export insurance (group insurance)’ to protect small and medium export companies exposed to the risk of unprotected export payment.

Woori Bank President Cho Byeong-gyu said, “Exports are the ‘vitality of the Korean economy,’ and export finance is like the oxygen that drives vitality. Woori Bank promotes effective export financing to help small and medium-sized companies build export competitiveness, thereby improving the economy of the Republic of Korea.” “I will revive it,” he said.

#Woori #Bank #special #contribution #billion #won #Mubo #support #exports #medium #small #businesses