Woori Bank launches loan for promising regional industries under president’s productive finance push

Woori Bank introduced a new loan program aimed at fostering promising industries outside the Seoul metropolitan area, in line with President Lee Jae Myung's drive to shift toward productive finance, the bank said Thursday. The program is part of Woori Financial Group Chairman Yim Jong-yong’s broader 80 trillion won ($56 billion) plan to expand productive and inclusive finance. Of that total, 16 trillion won is earmarked to nurture advanced strategic industries in regional areas. Through this initiative, the bank seeks to strengthen region-specific financing support. The Lee administration has made productive finance a central pillar of its financial policy, aiming to revitalize the Korean economy by redirecting funds previously tied to real estate or dependent on interest income toward advanced industries. In line with this vision, Woori Bank’s new loan program offers preferential interest rates and expanded credit limits for promising companies based outside the capital region. Regional enterprises recommended by public institutions or industry associations, as well as those engaged