NH NongHyup Bank Conducts On-Site Internal Control Inspection for Financial Consumer Protection
Deputy President Jangsoon Park Visits Chungnam Branch
Inspects Management Systems to Prevent Incomplete Sales of Financial Products
The Financial Consumer Protection Division of NH NongHyup Bank announced on March 22 that it has recently conducted on-site internal control inspections to prevent incomplete sales related to consumer protection and to foster a sound business environment.
Jangsoon Park, Deputy President of the Financial Consumer Protection Division, personally visited the Chungnam Branch for this internal control inspection and assessed both the implementation and actual operation status of internal controls for financial consumer protection.
In particular, the inspection focused on compliance with the Financial Consumer Protection Act and reviewed the management system established to prevent incomplete sales of financial products. In addition, the inspection evaluated whether protection systems and response procedures were in place for vulnerable groups such as the elderly, persons with disabilities, and pregnant women, thereby emphasizing the delivery of customer-centric financial services and the bank's public interest role.
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Deputy President Park stated, "This inspection has served as an opportunity to further strengthen the internal control system at our branches," adding, "We will continue to make every effort to protect financial consumers and establish ourselves as a financial institution that always earns our customers' trust."
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