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Financial Support Status
Woori Bank- Consignment guarantee loan as a 2nd program for small local businesses - Introduction of the conversion of the secondary compensatory loan of small local business market promotion corporation - Business agreement with Gwangju Metropolitan City for “financial support of small local businesses with damages from the COVID-19 pandemic” - Business agreement with Daegu Metropolitan City for “financial support of small local businesses with damages from the COVID-19 pandemic” - Expansion of support conditions for the hope incentives of Yellow Umbrella in Gyeongsangnam-do - Introduction of the loan for repayment conversion with a low-interest rate in Seoul Metropolitan City - Conclusion of an “alliance business agreement for small local business owners and job applicants” - Special discount sales of Onnuri Gift Certificates to support small local businesses - Introduction of untact reception service for loan documents - Implementation of the extension of the untact (recording) period for urban housing fund loans - Extension of the maturity date of guarantee mortgage loans and postponement of interest - Commencement of services in shops specializing in foreign clients on Sundays (5 foreigner business centers, and 5 shops opening on Sundays) - Implementation of support for a secondary compensatory loan with ultra-low interest rates for small local business owners - Discount on the interest rate and commission fee upon the reduction of rental fees by building owners - Exemption of ATM use commission fees in Daegu City and the Gyeongsangbuk-do region - Special contribution agreement with the Korea Technology Finance Corporation (financial support for companies in Daegu and Gyeongsangbuk-do Province in response to COVID-19) - Prompt deliberation support in Daegu City and the Gyeongsangbuk-do region (new establishment of a special deliberation unit for Daegu/Gyeongbuk) - Grant of a temporary right to to Daegu/Gyeongbuk to make arbitrary decisions - Postponement of the registration and the deletion of delinquency information (a person with delinquency due to quarantine measures) - Implementation of a short-term extension for borrowers who are unable to visit the bank, such as people with a confirmed COVID-19 infection, quarantined people, etc. (internet banking / smartphone banking, agents, etc.) - Operation of counseling windows for financial difficulties due to COVID-19 in all branch offices - Dispatch of local foundation small-to-medium relationship managers for the prompt support of companies suffering damages - Dispatch of employees of the head office to branch offices for the prompt support of companies suffering damages - Support through the urgent establishment of branch offices for small and medium-sized exporting businesses in connection with KOTRA - Support through the extension of maturity dates for companies with damages from the COVID-19 pandemic and the postponement of interest payment - Operation of an exclusive window for the Seoul Credit Guarantee Foundation |
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Woori Card - Postponement of claims on card payments, reduction of interest rates on card loans, and the postponement of repayments - Implementation of the Woori Card Emergency Livelihood Fund Support Loan - Reduction of overdue interests on cards and the deletion of delinquency records - Shortening the deposit period of payment for card franchise shops |
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Woori Investment Bank Co., Ltd. - Postponement of the repayment of Woori Investment Bank loans for companies with damages from the COVID-19 pandemic and the exemption of overdue interest |
