NongHyup Bank Opens London Representative Office... Full-Scale Local Expansion Begins

Kwon Jun-hak, President of NH Nonghyup Bank, is watching a video message from Kim Gun, Ambassador to the United Kingdom, at the opening ceremony of the London Representative Office held via video conference at the headquarters in Seodaemun-gu on the 11th.

[Asia Economy Reporter Kiho Sung] NH Nonghyup Bank announced on the 12th that it held an opening ceremony for its representative office in London, UK, and officially began operations to enter the banking industry.

The opening ceremony of Nonghyup Bank's London office was conducted contactlessly via video connection with the Korean headquarters to comply with government policies due to COVID-19 and to prevent the spread of the infection.

The ceremony held the previous day was attended by NH Nonghyup Bank President Junhak Kwon, Commercial Attach? Sangmin Moon of the Embassy of the Republic of Korea in the UK, Director Junhan Kim of the Bank of Korea London Office, Director Kyungwoon Jang of the Financial Supervisory Service London Office, among others, to celebrate the opening of the London office. Ambassador Geon Kim of the Republic of Korea to the UK and Head of the London Investment Corporation sent a video message welcoming Nonghyup Bank's entry into London.

In his commemorative speech, President Kwon said, “It is very meaningful to enter the UK, the birthplace of cooperatives and a global financial hub, on the 60th anniversary of our founding. We will strive to complete the advanced financial market GIB network together with New York and Hong Kong and grow into a global cooperative bank.”

Nonghyup Bank currently operates 10 overseas networks in 8 countries including the United States, China, and Vietnam, and plans to continuously strengthen its business in Southeast Asia and expand its presence into advanced financial markets such as Australia and the UK.

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