Chairman Lee Chanwoo of Nonghyup Financial Group: "We Will Improve Business Models to Achieve Productive Finance Goals"

Nonghyup Financial Group Holds 2nd Special Committee on Productive Finance
Strengthening Productive and Inclusive Finance in Line with Government Policy

Lee Chanwoo, Chairman of NH Nonghyup Financial Group, stated, "We will continue to improve our business models, products, and systems to achieve the goals of productive and inclusive finance."

According to Nonghyup Financial Group on April 16, Chairman Lee presided over the second Special Committee on Productive Finance held at NH Nonghyup Tower in Seodaemun, Seoul the previous day, where he called for "accelerating the provision of practical financial support that underpins the local economy and future growth industries." About 50 people, including Chairman Lee and committee members, attended the meeting.

Since the launch of the Special Committee on Productive Finance in January this year, Nonghyup Financial Group has supplied a total of 7.5 trillion won in productive and inclusive finance in just three months. This accounts for approximately 39% of its annual target amount of 19.2504 trillion won, which Nonghyup Financial Group explained exceeds the normal progress rate.

Chairman Lee emphasized, "We must continue to realize Nonghyup Financial Group's unique and differentiated productive and inclusive finance that aligns with the government's policy direction."

The meeting discussed ways to maintain and strengthen productive and inclusive finance in line with government policy direction. In addition, in response to the opening of the Southeast Region Marine, Aviation, and Defense Industry Comprehensive Support Center on April 14, the committee resolved to accelerate the implementation of community-based productive and inclusive finance.

Other agenda items included plans for the provision of venture capital, the current status and plans for supporting the renewable energy value chain, plans to invigorate regional investment in the National Growth Fund through local infrastructure, and the development of community-based inclusive financial models (such as village enterprise agreement loans), with each item assigned to a respective subcommittee.

Chanwoo Lee, Chairman of NH Nonghyup Financial Group, is presiding over a Special Committee meeting on Productive Finance at the NH Nonghyup Tower in Seodaemun, Seoul on the 15th.

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