Sh Suhyup Bank Partners with Suhyup Cooperative to Strengthen Effectiveness of Fisheries Policy Funds
Sh Suhyup Bank is collaborating with Suhyup member cooperatives to promote the '2021 Pa_A_Ran Action Practice' project to enhance the effectiveness of fisheries policy fund management and strengthen support for fishermen. On the 8th, they visited Busan City Suhyup for on-site training. Photo by Sh Suhyup Bank
View original image[Asia Economy Reporter Song Seung-seop] Sh Suhyup Bank announced on the 9th that Suhyup Bank will actively promote the ‘2021 Pa_A_Ran Action Practice’ tasks with Suhyup member cooperatives. This is to enhance the effectiveness of operating fisheries policy funds and strengthen support for fishermen.
The task is a kind of fisheries finance revitalization project. It aims to understand the difficulties of fishermen, encompass both the bank and cooperatives, and solve challenges in the fisheries sector.
Starting this month, Suhyup Bank plans to select and implement three priority tasks: ▲ on-site inspection of fisheries policy fund handling status ▲ educational support through learning organizations ▲ reduction of loan accounts per individual for fishery management funds. Additional tasks will be continuously discovered.
Also, together with fund managers, the bank will visit 2 to 3 Suhyup member cooperatives monthly to conduct on-site inspections of fisheries policy fund handling status. Education to strengthen the work capabilities of policy fund managers will also be supported.
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Meanwhile, Suhyup Bank will also promote ‘actual user satisfaction surveys’ and ‘fisheries policy finance system improvements’ to support the mutual development of fishermen and Suhyup member cooperatives.
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