Jeonnam NongHyup Successfully Holds Sound Settlement Strategy Meeting for Agricultural and Livestock Cooperatives

Resolution to Fully Promote Sound Settlement and Reduction of Delinquency
Significance of Responding to Rapidly Changing Business Environment

NongHyup Jeonnam Headquarters recently held the 2025 Sound Settlement Strategy Meeting in the main auditorium on the 2nd floor of the regional headquarters, reviewing various policies. Provided by Jeonnam NongHyup

NongHyup Jeonnam Headquarters recently held the 2025 Sound Settlement Strategy Meeting in the main auditorium on the 2nd floor of the regional headquarters, with 165 participants including standing directors, executive directors of local agricultural and livestock cooperatives, and heads of city and county member support teams.

Jeonnam NongHyup organized the strategy meeting to develop proactive measures in response to rapidly changing business environments and to ensure a sound settlement at the end of the year.

The meeting addressed the year-end profit and loss outlook and shared concerns regarding the risks of sound settlement due to the recent increase in delinquency rates on mutual finance loans. In addition, the participants pledged to achieve their profit and loss targets by reducing delinquent receivables and expanding business volume.

Lee Gwangil, head of Jeonnam NongHyup Headquarters, stated, "This year, consumption and investment remain sluggish due to high interest rates and rising prices. In addition, unstable supply and demand for agricultural and livestock products and the ongoing economic downturn are expected to continue making management conditions difficult for agricultural and livestock cooperatives. Even so, we will do our utmost with a spirit of mutual cooperation to achieve a sound settlement for agricultural and livestock cooperatives and realize a clean Jeonnam NongHyup."