NH Nonghyup Card Receives Award from Korea Consumer Agency

Contribution to Consumer Protection Activities

On the 2nd, at the Korea Consumer Agency's New Year's ceremony, Park Byung-gyu, Vice President of NH Nonghyup Card, received a commendation in recognition of his efforts to protect financially vulnerable consumers.

[Asia Economy Reporter Ki Ha-young] NH Nonghyup Card announced on the 3rd that it received a commendation from the Korea Consumer Agency in recognition of its efforts to enhance the rights and interests of financially vulnerable groups on the 2nd.

The Korea Consumer Agency awarded a commendation to Park Byung-gyu, Vice President of NH Nonghyup Card, at the 2020 New Year's ceremony in recognition of his contributions to improving consumer rights through active consumer protection activities.

Last year, NH Nonghyup Card jointly conducted outreach consumer education and counseling activities for financially vulnerable groups such as elderly farmers and overseas migrants in cooperation with the Korea Consumer Agency. They also provided guidance on proper card usage and methods to recover from financial fraud based on recent cases of card loan damages. In particular, in June, they offered counseling on card loan fraud and collective financial fraud response for wildfire victims in Goseong-gun, Gangwon Province, preventing monetary damages amounting to tens of millions of won, which received great acclaim.

Additionally, they planned the "Safe Consumer Life Guide for Seniors" and produced and distributed it together with NH Nonghyup Bank and the Korea Consumer Agency, placing it in NH Nonghyup Bank branches nationwide. In 2018, they held a "Consumer Education Content Contest for Proper Credit Card Use," and the excellent works from the contest have been used as economic education materials in middle and high schools across the country, practicing consumer-centered management in various ways.

Park Byung-gyu, Vice President of NH Nonghyup Card, said, "In the rapidly changing financial environment, we have strived to establish communication channels and provide assistance so that financially vulnerable groups are not left out," adding, "We will continue to prioritize enhancing consumer rights and provide consumer-centered management services."

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