NH Nonghyup Financial Group Opens "Marine, Aviation, and Defense Industry Comprehensive Support Center" in the Southeastern Region

NH Nonghyup Financial Group announced on the 13th that it has opened the "Nonghyup Financial Marine, Aviation, and Defense Industry Comprehensive Support Center" in Changwon, Gyeongnam, to strengthen support for the southeastern region in line with the government’s "Five Strategic Regions and Three Special Economic Zones for National Balanced Growth" policy.

Lee Chanwoo, Chairman of NH Nonghyup Financial Group, is delivering a greeting speech at the opening ceremony of the "NH Nonghyup Financial Southeast Region Marine, Aviation, and Defense Industry Comprehensive Support Center."

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The opening ceremony was attended by Lee Chanwoo, Chairman of NH Nonghyup Financial Group, Kang Taeyoung, President of Nonghyup Bank, executives and employees of Nonghyup Financial Group, Lee Sangyeon, Chairman of the Gyeongnam Business Association, Lee Hyogeun, Chairman of the Gyeongnam Credit Guarantee Foundation, and about 50 others.

NH Nonghyup Financial Group plans to establish a collaborative system among its affiliates, including the bank, non-life insurance, securities, and capital businesses, at the center to provide comprehensive financial services. The center will serve as a key infrastructure to support the growth of industries related to the southeastern region.

Specifically, the bank will handle corporate loans and foreign exchange; the non-life insurance division will be responsible for marine insurance and cargo insurance; the securities arm will support corporate bond issuance, IPO underwriting, and corporate finance; and the capital company will provide corporate loans. By leveraging the combined capabilities of its affiliates, NH Nonghyup Financial Group will offer one-stop financial solutions tailored to corporate needs. The group plans to provide 10 trillion won in support to the relevant industries and region over the next five years.

Chairman Lee Chanwoo emphasized, "This center will become a comprehensive financial infrastructure that brings together the professional expertise of all Nonghyup Financial Group affiliates to deliver optimized financial solutions for the core industries of the southeastern region."

NH Nonghyup Financial Group holds 61.2% of its more than 1,200 offices outside the Seoul metropolitan area. Starting with the establishment of this center, the group plans to review financial support models tailored to the characteristics of each of the 'Five Strategic Regions and Three Special Economic Zones,' aiming to contribute to balanced national development and to enhance industrial competitiveness.

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