NongHyup Financial Group Chairman Lee Chanwoo Visits Flood-Hit Farms, Vows Full Support for Recovery

Lee Chanwoo, chairman of NongHyup Financial Group, visited Hongseong, Chungnam on the 21st to inspect the damage caused by heavy rainfall and pledged comprehensive support for prompt recovery efforts.

Chairman Lee held an on-site meeting at the Hongseong Dairy Cooperative, where he listened to reports on the local damage and difficulties. He also visited a strawberry farm affected by flooding to personally offer words of comfort to the farmers, stating, "All affiliates of NongHyup Financial Group will work together to do our utmost for recovery and support."

Lee Chanwoo, chairman of NongHyup Financial Group, visited a strawberry farm affected by flooding in Hongseong, Chungnam, on the 21st to listen to the damage status and difficulties faced by the farmers. NongHyup Financial Group

NongHyup Financial Group plans to directly visit the flood-affected areas to quickly assess the damage and to implement comprehensive financial support measures for farmers at an early stage. Key support measures include prompt on-site inspections for crop disaster insurance claims, advance payment of up to 50% of insurance payouts for damages, provision of agricultural policy funds, deferred billing for credit card payments, and temporary exemption of transaction fees for automated devices and counters in affected areas. In addition, the company will actively promote volunteer activities by employees to assist with farm labor and contribute to recovery efforts.

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