Woori Financial Group Chairman Yim Jong-yong, right, speaks during a meeting at the group’s headquarters in Seoul, Friday. Courtesy of Woori Financial Group
Woori Financial Group will expand its productive and inclusive finance programs by a combined 10 trillion won ($6.5 billion), stepping up support for strategic industries while broadening assistance for vulnerable borrowers, the company said Sunday.
The decision was made during a Friday meeting of senior executives from Woori’s affiliates led by Chairman Yim Jong-yong, where participants reviewed progress under the group’s productive and inclusive finance initiative, dubbed the Future Shared Growth Project.
The financial group said it will add 9.4 trillion won in productive…