Woori Bank and SK M&S Sign Business Agreement to Support Small Business Owners

Development of Financial Products and Joint Marketing through Digital Convergence

[Asia Economy Reporter Jin-ho Kim] Woori Bank announced on the 17th that it has signed a non-face-to-face business agreement with SK M&S Service to provide non-face-to-face financial services for small business owners.

Woori Bank decided to enter the 'Corporate Mobile Financial Mall' into SK M&S Service's small business online platform 'Visit'. Through this, small business owners can use Woori One Banking to apply for small business loans such as policy funds, subscribe to savings and deposit products, make overseas remittances, and receive corporate consulting non-face-to-face without being restricted by time and place.

In addition, Woori Bank plans to provide SK M&S Service's 'Boss Peace of Mind Management Subscription Service', which offers small business store promotion, store operation solutions, marketing, education, and welfare services, free of charge through the 'Corporate Mobile Financial Mall'.

The two companies agreed to continuously cooperate in various fields such as developing digital financial products combining Woori Bank's financial know-how and SK M&S Service's small business data, and conducting joint marketing.

A Woori Bank official said, "Through this agreement, we expect to provide various financial services and benefits to small business owners struggling due to COVID-19," and added, "We will continue to expand the scope of new businesses through close cooperation between the two companies."