[Asia Economy Reporter Eunmo Koo] Orion announced on the 8th that it has expanded the interest rate reduction benefit of the 'Win-Win Growth Coexistence Fund' from the existing 0.43% to 1.6% to strengthen financial support for partner companies and dealerships.
Orion established a Win-Win Growth Coexistence Fund worth a total of 10 billion KRW last year through an agreement with NH Nonghyup Bank, supporting partner companies and dealerships to receive loans at interest rates lower than market rates.
Through this interest rate reduction, partner companies and dealerships are expected to receive practical assistance in business operations such as securing facility and operating funds and improving cash flow.
An Orion official said, "Amid the recent continuous interest rate hikes, we have expanded the interest rate reduction benefits of the Win-Win Growth Coexistence Fund to support the stable management activities of partner companies and dealerships," adding, "We will continue to expand win-win cooperation activities based on ethical management, which is the group’s management policy."
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