NongHyup Bank Holds Opening Ceremony for Jeju Court Branch

At the opening ceremony of the NongHyup Bank Jeju District Court Branch held at Jeju District Court on the 15th, Kwon Jun-hak, President of NongHyup Bank (fifth from the right), and Oh Seok-jun, Chief Judge of Jeju District Court (fifth from the left), along with other guests, are cutting the ribbon.

[Asia Economy Reporter Kiho Sung] NH Nonghyup Bank announced on the 16th that it opened the Jeju Court Branch as the new escrow deposit bank of Jeju District Court on the 1st and held an opening ceremony.

At the opening ceremony held the day before, Oh Seok-jun, Chief Judge of Jeju District Court, Kim Hyun-ryong, Senior Deputy Judge, and other officials from Jeju District Court, Kwon Joon-hak, President of Nonghyup Bank, Lee Chang-cheol, Chairman of Daejeong Nonghyup, Kang Seung-pyo, Head of Jeju Regional Headquarters of Nonghyup Central Association, and Moon Sang-chul, Head of Jeju Business Headquarters of Nonghyup Bank attended to celebrate the new start together.

Going forward, Nonghyup Bank Jeju Court Branch will be solely responsible for managing escrow deposits of Jeju District Court, worth about 180 billion KRW, until 2025, and will provide differentiated financial services such as general deposit and loan services as well as auction balance loans to customers using the court.

In addition, not only in Jeju Province but also at all Nonghyup Bank branches nationwide, customers will be able to conveniently pay escrow deposits for Jeju District Court and Seogwipo City Court.

President Kwon Joon-hak stated, “The abundant experience and know-how that Nonghyup Bank has in the public sector will greatly help improve judicial services for residents using Jeju District Court and ensure stable management of escrow deposits,” and added, “We will become a true partner who can think about and practice the development of Jeju Court and the local community together.”

This content was produced with the assistance of AI translation services.