Seoul Nonghyup Awards Outstanding Agricultural Cooperatives in the '2020 Integrated Marketing Promotion'

Yeongdeungpo Nonghyup, Dongseoul Nonghyup, and Hanguk Yangtoyangnok Nonghyup Selected

At Dongseoul Nonghyup, selected as an excellent agricultural cooperative for the integrated promotion of mutual finance marketing, Park Yuseon, the head of the cooperative (5th from the left), and Lee Daeyeop, head of the Seoul Nonghyup headquarters (4th from the left), along with other Nonghyup officials, are taking a commemorative photo. Photo by Seoul Nonghyup

[Asia Economy Reporter Lee Gwan-ju] The Seoul Regional Headquarters of NongHyup announced on the 25th that it held an award ceremony for outstanding agricultural cooperatives in the 2020 Mutual Finance Marketing Integrated Promotion.

The Mutual Finance Marketing Integrated Promotion evaluates 11 key focus areas throughout the year, including Smart Banking, Kok Bank, and core non-interest income. In Seoul NongHyup, Yeongdeungpo NongHyup (Chairman Lee Jeong-taek), Dong Seoul NongHyup (Chairman Park Yoo-sun), and Hanguk Yangto Yangnok NongHyup (Chairman Ahn Hyun-gu) were selected as outstanding agricultural cooperatives.

Lee Dae-yeop, head of Seoul NongHyup, said, “This valuable achievement was made possible through the efforts of all employees despite many difficulties in business operations due to COVID-19, various regulations in the financial industry, and the prolonged low-growth and low-interest rate environment.” He added, “We will continue to do our best so that Seoul NongHyup can faithfully fulfill its role as an urban agricultural cooperative and a profit center through the sustainable growth of mutual finance.”

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