NH Nonghyup Bank Provides On-site Agricultural Finance Consulting for Young Farmers

On May 22, NH Nonghyup Bank announced that it had conducted an "On-site Agricultural Finance Consulting" session the previous day at the Smart Farm Innovation Valley conference room in Sangju, North Gyeongsang Province, to support young farmers in establishing stable agricultural operations.

This consulting session was targeted at young farmers currently operating rental smart farms, as well as graduates of the Smart Farm Youth Startup Incubation Center who will be engaged in future agriculture. During the session, participants created a checklist of preparations for their own agricultural startups through theoretical training, and received explanations on how to utilize customized agricultural funds based on their results.

NH Nonghyup Bank plans to conduct a total of four consulting sessions at Smart Farm Innovation Valleys located in Gimje, North Jeolla Province; Goheung, South Jeolla Province; Sangju, North Gyeongsang Province; and Miryang, South Gyeongsang Province by early June. From the end of June, the bank will provide intensive consulting tailored to individual business plans.

Lee Jaejin, Head of the Agricultural Finance Department at NH Nonghyup Bank, stated, "We will actively support future farmers in successfully settling into agriculture by providing various customized consulting services for young farmers."

Shin Hwangho, Deputy General Manager of the Agricultural Finance Department at NH Nonghyup Bank, is giving a lecture to the attendees. Photo by NH Nonghyup Bank

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