NH Nonghyup Bank Launches 'APEC Success Deposit'... Governor Lee Cheolwoo Becomes First Subscriber

Subscription from 1 Million to 30 Million Won
Creation of a 100 Million Won Public Interest Fund

On August 4, Lee Cheolwoo, Governor of North Gyeongsang Province, became the first person to subscribe to the "APEC 2025 KOREA Success Deposit," a product launched by NH Nonghyup Bank to wish for the successful hosting of the 2025 APEC Summit and to raise public interest.

This deposit product is a special nationwide participatory savings product supporting the success of the APEC Summit. The subscription period is one year, and individuals can subscribe for amounts ranging from 1 million won to 30 million won.

Lee Chulwoo, Governor of Gyeongbuk Province (right), is the first to subscribe to the 'APEC Successful Hosting' deposit launched by NongHyup Bank.

The total sales amount is 300 billion won, and subscriptions are available at NH Nonghyup Bank branches nationwide until October 31.

In particular, after the sales period ends, the North Gyeongsang headquarters of NH Nonghyup Bank plans to create a public interest fund of up to 100 million won for local community development by donating 0.1% of the average deposit balance (up to 30 million won) and adding its own donation of 70 million won.

The launch of this product and the first subscription are follow-up measures to the "Business Agreement for the Successful Hosting of APEC" signed between North Gyeongsang Province and the National Agricultural Cooperative Federation in February. In May, Nonghyup also delivered a donation of 1.5 billion won to North Gyeongsang Province to support the successful hosting of the APEC Summit.

On this day, Governor Lee Cheolwoo visited the provincial government branch of NH Nonghyup Bank and personally subscribed to the deposit. He stated, "The 2025 APEC Summit is not just an international event, but a golden opportunity to showcase Korea's diplomatic power and economic capabilities to the world," adding, "North Gyeongsang Province aims to become a hub of international cooperation and exchange through this summit."

Governor Lee further commented, "I believe that expanding public interest and participation in the APEC Summit is of utmost importance," and added, "Since NH Nonghyup Bank has launched such a meaningful deposit product, North Gyeongsang Province has symbolically decided to subscribe."

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