iM Bank announced that it will actively support the revitalization of retirement pensions through a variety of initiatives, including providing on-site one-on-one consulting for companies experiencing difficulties in introducing and operating retirement pension plans, as well as participating in loan support programs aimed at promoting the adoption of retirement pensions.
On May 2, iM Bank signed a "Loan Support Business Agreement for Small and Medium Enterprises Introducing Retirement Pensions" with the Ministry of Employment and Labor, Korea Credit Guarantee Fund, and participating banks in the loan support program.
Through this agreement, iM Bank agreed to help alleviate liquidity issues faced by small and medium-sized enterprises struggling to introduce retirement pensions and to expand the institutional foundation for retirement pensions to ensure stable income for workers in their later years. To support working capital for SMEs adopting retirement pensions, iM Bank will make a special contribution to the Korea Credit Guarantee Fund, which will then use these funds to provide guarantee support under the agreement.
On the 2nd, Park Youngsam, Executive Director of iM Bank (5th from the right), is taking a commemorative photo at the "Loan Support Business Agreement Ceremony for Small and Medium Enterprises Introducing Retirement Pensions" held at the Korea Federation of Banks in Jung-gu, Seoul. Photo by iM Bank
To facilitate systematic management of corporate retirement pensions, iM Bank operates the "On-site Retirement Pension Consulting Support Program," in which experts visit companies directly to provide in-depth, tailored consulting. Moving beyond the previous practice of providing retirement pension information only through the branches in charge of existing clients, specialists in areas such as asset management and taxation will now visit companies to deliver comprehensive retirement pension consulting. This initiative will initially focus on the Daegu region, with plans to expand nationwide.
An iM Bank representative stated, "iM Bank is making multifaceted efforts to promote the adoption of retirement pensions, including participating in public-private agreements to support retirement pensions. Internally, we are also striving to provide even more closely tailored retirement pension services to our clients," adding, "By offering customized retirement pension consulting, we aim to provide practical assistance in helping workers build stable pension assets."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
