NH NongHyup Financial to Establish "Marine and Aviation Industry Integrated Support Center" in the Southeast Region

Aligning with Government's "Five Growth Poles, Three Specialized Zones" Balanced Development Policy
Building a Collaborative System among Banking, Insurance, Securities, and Other Affiliates

NH NongHyup Financial Group announced on March 16 that it is planning to establish a Marine and Aviation Industry Integrated Support Center in the Busan, Ulsan, and Gyeongnam (Bu-Ul-Gyeong) region. This initiative is aimed at strengthening support for the marine and aviation industries in the southeastern area in line with the government's "Five Growth Poles, Three Specialized Zones" national balanced development policy.

The company explained that the Integrated Support Center will serve as a group-level financial support hub, responding to the government's efforts to foster the southeastern region's marine, aviation, and related industries, and will be established in Changwon, Gyeongnam, next month.

At the Integrated Support Center, a collaborative system among affiliates—including banking, non-life insurance, securities, capital, and venture capital—will be established to provide comprehensive financial services, positioning the center as a core infrastructure for Gross Regional Domestic Product (GRDP) growth in the southeastern region.

By affiliate, the bank will handle lending and foreign exchange, non-life insurance will be responsible for marine and cargo insurance, the securities company will support corporate bond issuance, Initial Public Offering (IPO) arrangements, and corporate finance, the capital company will manage lending and industrial goods leasing, and venture capital will invest in equity of innovative growth companies.

Starting with the establishment of the Integrated Support Center, the company plans to review and implement financial support models tailored to the characteristics of each of the "Five Growth Poles, Three Specialized Zones" regions, thereby contributing to the enhancement of national industrial competitiveness.

Chanwoo Lee, Chairman of NH NongHyup Financial Group, said, "This center is not only in line with the 'Five Growth Poles, Three Specialized Zones' balanced development policy, but also a proactive and essential measure by NH NongHyup Financial to comprehensively promote productive finance and foster advanced industries."

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