Kwangsoo Kim, Chairman of NongHyup Financial, "Establishing a Joint Venture (JV) in India This Month... Strengthening Global Presence"
[Asia Economy Reporter Kwon Haeyoung] Kim Kwangsoo, Chairman of NH Nonghyup Financial Group, stated on the 3rd, "This year, we will seek overseas expansion mainly in Southeast Asia through joint ventures (JV)."
Chairman Kim made these remarks to reporters at the New Year's gathering of the financial sector held at the Shilla Hotel in Jung-gu, Seoul.
He said, "In January, we expect to see results of overseas expansion in the form of a joint venture in India," adding, "It is not yet the stage to mention global net profit targets."
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It is known that NH Nonghyup Capital, a subsidiary of Nonghyup Financial, is currently reviewing plans to invest equity in an Indian financial company.
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