All Credit Union Financial Data at a Glance... Integrated System Launches on the 5th

The National Credit Union Federation of Korea announced that it will officially launch the Integrated Financial Information System at 10:00 a.m. on September 5, allowing users to check financial information and other data for credit unions nationwide.

This initiative was promoted as part of the credit union management innovation plan announced by the Ministry of the Interior and Safety in November 2023, with the goals of enhancing transparency in information disclosure, building trust, and improving information accessibility.

The Integrated Financial Information System provides information such as the status of executives and employees, number of branches, financial and profit and loss status, funding and operation status, and indicators of asset soundness, liquidity, and profitability. Users can compare data in a time series from 2012 through the first half of this year, and download information as needed. The Integrated Financial Information System is accessible through the Credit Union website.

Kim In, Chairman of the National Credit Union Federation of Korea, stated, "The Integrated Financial Information System is more than just a data provider; it serves as the foundation for strengthening management transparency and trust," adding, "We will continue to advance user-centered services and innovate information disclosure going forward."

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