With the Export-Import Bank of Korea Hyosung signs the agreement for the management of the Win-win finance program.
Hyosung signed the agreement for the management of the win-win finance program with the Export-Import Bank of Korea at the Mapo headquarters on September 22. The agreement was signed with the relevant figures of both organizations including Financial Division Head Noh Jae-bong and the Export-Import Bank of Korea’s Future Growth Financial Division Head Chang Man-ik in attendance. According to the agreement, Hyosung and the Export-Import Bank of Korea will manage the joint overseas expansion partnership program and win-win fund loan program under mutual cooperation.
With the agreement, the bank can now create an opportunity to secure stable technology based on smooth fund management, while Hyosung expects to increase competitiveness of its partner, which will lead to improved product quality as well as positive impacts such as increase in sales and market share.
