Bank of Korea-NH Nonghyup Card Sign Business Agreement for Regional Economy Analysis
Lee Hwan-seok, Deputy Governor of the Bank of Korea (left), and Yoon Sang-woon, President of NH Nonghyup Card, are posing for a commemorative photo after signing a strategic business agreement at the NH Nonghyup Card headquarters on the 8th. (Photo by Bank of Korea)
View original imageThe Bank of Korea announced on the 8th that it has signed a memorandum of understanding (MOU) with NH Nonghyup Card to analyze the regional economy based on big data.
The two institutions agreed to cooperate on projects and tasks deemed necessary by both parties to support credit card big data for regional economic analysis and to understand other economic trends.
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The Bank of Korea explained, "We will actively strive to enhance the status of the Bank of Korea regional headquarters as a regional community think tank by expanding the basic data necessary to improve the qualitative level of regional economic analysis."
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