HF Signs MOU with KICOX  

Korea Housing Finance Corporation (HF, CEO Lee Jung-Hwan) stated on May 21, 2019, that it concluded the Memorandum of Understanding (MOU) for Greater Housing Welfare and Job Creation for Young Workers in Industrial Complexes with Korea Industrial Complex Corporation (KICOX, CEO Hwang Gyu-Hyeon) at Busan International Finance Center at Munhyeongeumyung-ro, Busan, on the 21st.       

Under the MOU, the two institutions will carry out exchanges and cooperation in various areas, including joint project development and information-sharing to help workers in industrial complexes find a home. More specifically, HF will actively inform young people working in industrial complexes of its home financing products, such as jeonse and monthly rent loan guarantees, while KICOX will promote these home financing products using the network of companies housed in industrial complexes.  

HF CEO Lee Jung-Hwan said, “We expect that this MOU will help young workers in the nation’s industrial complexes use HF’s chonsei and monthly rent loan guarantees and ease their housing burden. We will continue to make more efforts to realize inclusive housing finance solutions in the future.” 

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HF concluded the MOU for Greater Housing Welfare and Job Creation for Young Workers in Industrial Complexes with KICOX at Busan International Finance Center, Busan, on the 21st. HF CEO Lee Jung-Hwan (right) and KICOX CEO Hwang Gyu-Hyeon (left) pose for a photo after the MOU signing ceremony.