NH Nonghyup Bank Signs 500 Billion Won Financial Cooperation Agreement with OCI

NH Nonghyup Bank announced on the 29th that it had signed a financial cooperation agreement with OCI for the promotion of future strategic industries and the expansion of productive finance at its headquarters in Jung-gu on the 28th.

Taeyoung Kang, President of NH Nonghyup Bank, and Yooshin Kim, CEO of OCI (left), are taking a commemorative photo at the business agreement ceremony.

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This agreement was established to drive real economic growth by strengthening the competitiveness of the advanced materials industry and to build a virtuous cycle between finance and industry. OCI is a leading chemical materials company that produces basic chemical and advanced semiconductor material products such as polysilicon for semiconductors and hydrogen peroxide, playing a key role in the national strategic industry.

Through this agreement, NH Nonghyup Bank plans to provide a total of 500 billion won in productive finance over the next three years. In particular, beyond simply supplying funds, the bank will offer financial support tailored to the needs of companies, such as technology development, facility investment, and overseas exports, thereby contributing to enhancing industrial competitiveness.

Tae-young Kang, President of NH Nonghyup Bank, stated, "We will do our utmost to serve as a reliable financial partner for the continued growth of OCI, which has emerged as a global core materials company," adding, "We will continue to contribute to the sustainable growth of the national economy through productive financial support."

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