NH Savings Bank Donates 40 Million Won to Strengthen Digital Agriculture Competitiveness

On the 12th, Choi Kwang-soo, CEO of NH Savings Bank (left), and Shin Jong-hyun, Secretary General of the NongHyup Foundation, are taking a commemorative photo at the 'Digital Agriculture Donation Ceremony' held at the NH Savings Bank headquarters in Gangnam-gu, Seoul. Photo by NH Savings Bank

[Asia Economy Reporter Song Seung-seop] NH Savings Bank announced on the 13th that it donated 40 million KRW to strengthen the competitiveness of digital agriculture.

On the previous day, NH Savings Bank delivered a support fund for farmers at the 'Digital Agriculture Donation Ceremony' held with the Nonghyup Foundation at its headquarters in Gangnam-gu, Seoul.

NH Savings Bank allocates 0.1% of the annual sales amount of the 'Rural Love Time Deposit' to a development fund for farmers. The funds accumulated over one year are used for support projects aimed at the development of agriculture, rural areas, and farmers.

The donated funds will be used to support digital agriculture in line with the 4th Industrial Revolution. As the need for digital technology grows for the sustainable development of agriculture, this is to back the advancement of related technologies.

At the fund delivery ceremony, Choi Kwang-soo, CEO of NH Savings Bank, stated, "We will continue to provide generous support so that our agriculture can further enhance its competitiveness."

Meanwhile, NH Savings Bank previously donated 20 million KRW to support the cultivation of startup farmers by visiting the 'Nonghyup Startup Farmer Support Center' in June.

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