Woori Bank signs a business agreement with Korea Credit Guarantee Fund for ‘Supply Chain Finance Support’ for SMEs

기사입력: 2023-04-06 18:40

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View of Woori Bank

Woori Bank (President Lee Won-deok) announced on the 6th that it had signed a 'Supply Chain Finance Activation Agreement' with Korea Credit Guarantee Fund to support small and medium-sized enterprises.

Both institutions decided to expand support for liquidity supply so that small and medium-sized enterprises lacking financial power do not suffer from financial difficulties in the purchasing process, and mutually cooperate with each other to promote mutual growth by promoting mutual growth between purchasing companies and suppliers.
< Supply Chain Finance (SCF) is a financial service that stably provides working capital to companies that have difficulty in financing and optimizes the supply chain network from product production, distribution, and final sale.

Woori Bank signed an agreement with the Korea Credit Guarantee Fund to provide guarantee rates when issuing a guarantee certificate for small and medium-sized businesses that need financial support in the process of purchasing business simply by subscribing to One Biz Plaza, Woori Bank's supply chain management platform.