NH Nonghyup Bank to Conduct 2025 Ulchi Exercise

NH Nonghyup Bank will conduct the 2025 government Ulchi Exercise from August 18 to August 21, 2025.

The Ulchi Exercise is an annual emergency preparedness drill designed to assess the nation's crisis management capabilities and to practice wartime mission procedures in response to security threats such as war or emergencies.

During the exercise period, Nonghyup Bank will focus on several key activities: emergency assembly drills for essential staff at the central headquarters, practicing procedures for wartime transition, tabletop exercises simulating complex scenarios, initial situation reporting and discussion of wartime issues chaired by the bank president, security lectures for invited North Korean defectors, and hands-on crisis response drills for situations such as artificial intelligence (AI) threats and terrorism.

Notably, this year's Ulchi Exercise will, for the first time, include a tabletop exercise on wartime financial support conducted jointly with the external institution Bank of Korea, as well as hands-on training for responding to cyberattacks involving AI in collaboration with the Financial Security Institute.

An official in charge of emergency preparedness at Nonghyup Bank stated, "We will strengthen our wartime crisis management and integrated response capabilities to address the evolving nature of warfare and security threats brought about by advanced science and technology."

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