HF Set to Provide Financial Products for Socially Vulnerable Groups at the Right Time  

- Celebrating the 17th anniversary of HF, CEO Choi Jun-Woo stresses the importance of inclusive finance 

CEO Choi Jun-Woo of Korea Housing Finance Corporation (HF) delivered his celebratory remarks for HF’s 17th anniversary on the 2nd, stating, “We will exert our utmost efforts to provide various financial products tailored to the needs of vulnerable groups at the right time.” Taking the cue from his remarks, HF is set to step up its ongoing efforts to develop new products that can ease people’s housing cost burden and improve the Home Pension scheme to alleviate senior citizens’ retirement worries.

In the speech, he went on to say, “Conceptualizing and developing housing finance products that can meet people’s needs in the post-COVID era is something we are very good at and also passionate about. This year, as we are launching a forty-year, extra-long-term mortgage product, I want all of you to join me in opening up the future of housing finance.”

As part of its continued efforts to support vulnerable groups, HF cancelled its anniversary celebration and donated the allocated budget (KRW 20 million) for corporate anniversary gifts to low-income children affected by the prolonged COVID-19 pandemic. The donation was used to purchase protective sanitation kits and food items, which were later packed into HF Hope Boxes and delivered to Busan Child Center (Director Noh Hee-Hyeon) of Green Umbrella Child Fund Korea.