Gyeongbuk Development Corporation and NongHyup Bank Gyeongbuk Headquarters Jointly Donate 30 Million Won for Neighbor Assistance

Gyeongbuk Development Corporation (President Lee Jae-hyuk) and NH Nonghyup Bank Gyeongbuk Headquarters (Head Lim Do-gon) jointly conducted a year-end donation for vulnerable neighbors on the 27th.

To raise the donation fund, under the active participation of the corporation's executives and employees, an amount collected monthly through small contributions and donations from Nonghyup Bank totaling 30 million KRW was jointly donated for the vulnerable. This money will be distributed through the legally authorized fundraising organization, the Gyeongbuk Community Chest of Korea.

In connection with the Community Chest of Korea's 'Hope 2024 Sharing Campaign,' this donation ceremony marked the beginning of a stronger cooperative system between the two organizations. NH Nonghyup Bank Gyeongbuk Headquarters is a representative institution working together with Gyeongbuk Development Corporation to revitalize Gyeongbuk Province's agro-food industry and promote ESG management.

Gyeongbuk Development Corporation and NongHyup Bank Gyeongbuk Headquarters are taking a commemorative photo after jointly donating 30 million won in neighbor aid funds.

In August, they signed an agreement to establish the 'K-FOOD Globalization and Green Growth Support Win-Win Fund' for Gyeongbuk agro-food manufacturing, processing, distribution, and export companies. Through low-interest financial support for win-win companies, they reduced liquidity procurement burdens and discovered products that alleviate financial burdens equivalent to the interest rate difference compared to the average loan interest rates of commercial banks.

Additionally, to promote ESG management, NH Nonghyup Bank joined the 'ESG Promotion Council' established by Gyeongbuk Development Corporation and is continuously discussing new programs related to environment, society, and governance to provide benefits to the residents of Gyeongbuk Province.

Lee Jae-hyuk, President of Gyeongbuk Development Corporation, said, “At the end of the year, I am very pleased to have a meaningful occasion together with NH Nonghyup Bank Gyeongbuk Headquarters,” and added, “I hope that 2024 will be a safe year like this year, and I promise to continue various activities for the residents without changing as we are now.”

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