HF offers financial support for ESG Management SMEs.

- HF concludes an MOU with KOTEC and WOORI Bank to promote ESG finance.

The Korea Housing Finance Corporation(HF, CEO Choi Joon Woo) sets to provide finance support for the ESG management SMEs to build mutual growth ecosystem and promote the ESG management.

HF announced on September 25 that it signed an MOU for ‘Support SMEs with ESG Finance’ with KOTEC(Korea Technology Finance Corporation, President Kim Jong Ho) and Woori Bank(CEO Cho Byung Kyu) (Photo Attached)

In accordance with the MOU, HF plans to use parts of the operation proceeds of the surplus fund deposited at the Woori Bank in financing preferential rate or guarantee fees on the loans for the ESG SMEs, whereas KOTEC will recommend the ESG SMEs in the region and issue ESG guarantees. In addition, Woori bank will originate loans and manage the funds for the ESG SMEs recommended by the KOTEC.

HF said, “With the MOU, we expect to better build the ecosystem for mutual growth of HF and the local SMEs. Going forward, we will do our utmost to enhance the ESG management.”

In the meantime, HF has designated the CEO as the Chief Executive Officer for the ESG management to actively implement the ESG-related government policies and has put the corporate-wide ESG management in place after devising a ‘Mid-to-Long Term HF ESG Management Road Map’

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At its headquarters in Namgu, Busan, HF concluded an MOU with KOTEC and Woori Bank for ‘Support SMEs with ESG Finance’. From left, Jo Se Hyung, Woori Bank Institutional Group director, Lee Kyu Jin, HF executive director, and Park Ju Seoun, KOTEC executive director.