NH Nonghyup Financial Group has established a financial hub in Jeonbuk Province, consolidating the financial capabilities of its affiliates.
On September 1, NH Nonghyup Financial held an opening ceremony for the 'NH Financial Hub' at the NH Nonghyup Jeonbuk Headquarters in Jeonju. The event was attended by Lee Won-taek, Governor of Jeonbuk Province; Kim Sung-joo, Chairman of the National Pension Service; Yang O-bong, President of Jeonbuk National University; Jo Ji-hoon, Mayor of Jeonju; Han Jong-kwan, Chairman of the Jeonbuk Credit Guarantee Foundation; Lee Chan-woo, Chairman of NH Nonghyup Financial; and Gil Jeong-seop, CEO of NH-Amundi Asset Management.
The NH Financial Hub will house various NH Nonghyup affiliates, including Nonghyup Bank, insurance, securities, asset management, capital, and venture investment companies. Nonghyup Bank will focus on corporate loans and investments and consulting for agricultural and food companies, while the insurance affiliate will support corporate insurance. NH Investment & Securities will handle corporate finance, and NH Venture Investment will be responsible for discovering and investing in innovative companies. NH-Amundi Asset Management will open an office in Jeonju to strengthen collaboration with the National Pension Service.
Additionally, to mark the launch of the NH Financial Hub, Nonghyup Bank plans to make special contributions of 1.7 billion won to the Jeonbuk Credit Guarantee Foundation and 1 billion won to the Technology Guarantee Fund to support small and medium-sized enterprises and small business owners in the region.
Lee Chan-woo, Chairman of NH Nonghyup Financial, stated, "The NH Financial Hub will serve as a comprehensive infrastructure providing financial solutions necessary for the future strategic industries of Jeonbuk. We will do our best to be a partner for strategic industries and a supporter of the dreams of local youth."
* This article has been translated by AI.
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