Taekwang Industrial, together with Woori Bank, expanded its Win-Win Loan program from 10 billion to 50 billion won to subsidize suppliers, raising the maximum loan per company to 1 billion won and offering interest-rate relief of 3.16 to 3.59 percentage points for 121 partner firms. The initiative also includes non-financial support such as succession planning and asset management, while Taekwang’s savings banks will write off 26.9 billion won in long-delinquent debt to aid vulnerable borrowers.
