Woori Bank, Hyosung sign $1.32 bil. financing deal for advanced industries (opens original article in a new tab)

Woori Bank and Hyosung Group signed a $1.32 billion financing deal to support investments in advanced industries, featuring a preapproved credit limit system for faster funding.

• Woori Bank and Hyosung Group signed a $1.32 billion financing agreement.
• The deal provides up to 2 trillion won in credit financing over five years for strategic industries.
• The agreement includes a preapproved credit limit system to expedite funding for investments.