[REVISION HISTORY]
NH Nonghyup financial and market activities
2 recorded revisions of this situation.
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2026-10-29 07:54 UTC → 2026-10-30 02:33 UTC ·
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Nonghyup has faced internal financial instability, with reports of 328 financial accidents totaling approximately 236.8 billion won over a five-year period. These incidents, which included fraud, embezzlement, and breach of trust, resulted in an 87.6% loss rate within agricultural and livestock cooperatives. Concurrently, NH Investment & Securities experienced stock volatility, trading roughly 16% below its recent rights offering issuance price despite record net profits. In more recent developments, NH Nonghyup Bank has expanded its strategic operations. The bank entered an agreement with POSCO International to provide 500 billion won in financial support over three years to bolster global food security through grain imports and international trade. Additionally, the bank has achieved a dominant position in the public treasury market, securing a 70.3% market share for local governments and offices of education, managing approximately 482 trillion won. Looking toward 2026, NH Nonghyup Financial Group has outlined a business strategy centered on ‘connection, detail, and evolution.’ Chairman Lee Chan-woo emphasized expanding productive and inclusive finance to support regional economies and future growth industries. Key initiatives include strengthening financial systems linked to strategic sectors such as AI, semiconductors, vaccines, and energy. The group plans to establish the ‘NH Financial Private Venture Mother Fund,’ a 100 billion won fund for high-tech sectors including mobility and robotics. To promote inclusive finance, the group will has moved to launch the ‘NH Miso Microfinance Foundation’ with Foundation.’ Following an inaugural general meeting, the foundation will provide unsecured, low-interest loans to support small business owners and vulnerable populations. As part of a broader industry effort, NH Nonghyup Financial Group will join Samsung and five other major financial institutions in contributing 100 billion won contribution to assist vulnerable groups, such as youth and rural residents. microfinance funds.
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- 2026-10-30 02:33 UTC NH Nonghyup financial and market activities
- 2026-10-29 07:54 UTC NH Nonghyup financial and market activities
- 2026-10-29 01:56 UTC NH Nonghyup financial and market activities
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