Muan-gun Holds Fund Transfer Ceremony for Partnership Card with NH Nonghyup Bank

Last Year’s Reserve Fund Revenue Processed at 88.4 Million KRW... This Year’s Reserve Fund at 98.5 Million KRW

Muan-gun, Jeollanam-do (Governor Kim San) and NH Nonghyup Bank (Muan-gun Branch Manager Kim Hae-jong) held a ceremony on the 26th to deliver 98.5 million KRW from the 2023 partnership card accumulation fund.

According to the county, this partnership card fund is the amount accumulated as points equivalent to 0.1?1% of the usage of subsidy cards, public official welfare cards, local government (Clean) cards, and Botaem e-cards from January to December last year, based on the partnership fund agreement between Muan-gun and NH Nonghyup Bank Muan-gun Branch.

(On the right) Kim San, Governor of Muan County, and Kim Hae-jong, Head of NH Nonghyup Bank Muan County Branch, are holding a fund transfer ceremony and taking a commemorative photo. [Photo by Muan County]

The county and Nonghyup accumulate the partnership card fund annually, and last year, they received 88.4 million KRW in accumulated funds, which was processed as revenue.

Governor Kim San said, “I am grateful for the sincere delivery of the partnership card accumulation fund this year as well,” and added, “Through the partnership card fund agreement, we will use the annually generated resources carefully for the development of the local community and the enhancement of residents' welfare.”

Muan-gun not only secures transparency and reliability in budget execution through the activation of corporate card use but also contributes to increasing tax revenue by recovering funds accumulated through card usage.

Muan = Asia Economy Honam Reporting Headquarters, Reporter Oh Hwan-joo just8440@asiae.co.kr

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