HF Supports Stable Retirement for Small Business Owners

- Partnering with Korea Federation of Micro Enterprise to expand Home Pension utilization

Korea Housing Finance Corporation (HF, CEO Kim Kyung-Hwan) stated on September 30 that it signed a business cooperation agreement with Korea Federation of Micro Enterprise (KFME, Chairman Song Chi-Young) to support the stable retirement of small business owners and promote the use of the Home Pension program. The signing ceremony was held at KFME headquarters in Yeongdeungpo-gu, Seoul. <Photo attached>

Under the agreement, the two organizations will collaborate on various initiatives, including ▲ developing and operating programs that promote stable retirement and increased Home Pnesion participation for small business owners, ▲ offering financial education and informational seminars for small business owners, and ▲ conducting strategic joint promotional activities to raise awareness of the Home Pension program.

HF CEO Kim Kyung-Hwan stated, “We are committed to helping small business owners secure reliable retirement income by utilizing the value of their homes,” adding, “As a state-sponsored finance institution, HF will continue to expand its inclusive financial services that improve the economic well-being of the public.”

In April, HF launched the Home Pension for Small Business Loan Repayment program. This program enables eligible small business owners or their spouses to repay loans received from government agencies or financial institutions using lump-sum withdrawals from their Home Pension.

<Photo Description>

Korea Housing Finance Corporation (HF) signed a business cooperation agreement with Korea Federation of Micro Enterprise (KFME) on the 30th at KFME headquarters in Yeongdeungpo-gu, Seoul, to support the stable retirement of small business owners and promote the Home Pension program. HF CEO Kim Kyung-Hwan (left) and KFME Chairman Song Chi-Young are pictured following the signing ceremony.