NongHyup Bank and AI Yangjae Hub Sign Business Agreement to Support Innovative Company Development
"Expecting to Develop into a Good Example of Win-Win Cooperation"
On the 19th, at the NH Digital Innovation Campus located in Seocho-gu, Seoul, Lee Sang-rae, Vice President of the Digital Finance Division at NongHyup Bank (left), and Yoon Jong-young, Director of AI Yangjae Hub, held a signing ceremony and took a commemorative photo.
View original image[Asia Economy Reporter Park Sun-mi] NH Nonghyup Bank announced on the 20th that it signed a business agreement to support the fostering of AI Yangjae Hub and AI innovative companies at the NH Digital Innovation Campus located in Seocho-gu, Seoul.
AI Yangjae Hub, operated by the Seoul Metropolitan Government, is a specialized support institution in the field of artificial intelligence that nurtures AI-related professional talent, discovers and fosters AI-specialized companies, and promotes an open research culture and communication and exchange among AI experts.
Through this agreement, the two parties plan to cooperate on ▲establishing a business cooperation system with AI-based innovative companies and discovering new businesses ▲developing AI competency enhancement education programs ▲jointly hosting demo days and hackathons themed on artificial intelligence ▲discovering joint projects for AI technology development.
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Lee Sang-rae, Vice President of the Digital Finance Division at Nonghyup Bank, said, “We expect this agreement to promote the introduction of AI technology at Nonghyup Bank and to develop into a good example of win-win cooperation by discovering digital new business models through communication with innovative companies,” adding, “We are reviewing various measures, including expanding and reorganizing AI-related organizations within the bank to spread the adoption of AI technology across the entire bank.”
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