On June 13, NH NongHyup Bank announced that it had signed a business agreement with the Korea Association of Small and Medium Hospitals the previous day at the Seoul Garden Hotel in Mapo, Seoul, to support the installation of fire safety facilities in small and medium hospitals.
This agreement was made to provide facility funds to small and medium hospitals, as the revision of the Enforcement Decree of the Fire Services Act has made the installation of fire safety facilities, such as sprinkler systems, mandatory for these hospitals.
NongHyup Bank plans to offer preferential loan conditions, including credit limits and interest rates, to member hospitals of the Korea Association of Small and Medium Hospitals, supporting them with the funds needed to install fire safety facilities.
Eom Eulyong, Executive Vice President of NongHyup Bank Corporate Finance Division, said, "We hope to assist small and medium hospitals that are facing difficulties installing fire safety facilities due to financial constraints," adding, "NongHyup Bank will continue to expand products and services for corporate clients."
Eom Eulyong, Executive Vice President of NongHyup Bank Corporate Finance Division (fourth from the right in the first row), and Kim Jinho, President of the Korea Association of Small and Medium Hospitals (fifth from the right in the first row), are posing for a commemorative photo. Provided by NH NongHyup Bank
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