NH Bank Makes Voluntary Contribution of 3.83 Billion Won to Chungnam Credit Guarantee Foundation... Strengthening Financial Support for SMEs and Small Business Owners

Chungnam Credit Guarantee Foundation announced on June 27 that it held a voluntary contribution delivery ceremony with NH Bank Chungnam Headquarters (headed by Park Jangsoon) at the foundation's main office on June 26.

This ceremony was organized to expand financial support for small and medium-sized enterprises (SMEs) and small business owners, as well as to strengthen cooperation between the two organizations.

NH Bank contributed 2.108 billion won last year, and this year, it has significantly increased the amount to 3.831 billion won.

Based on these contributions, Chungnam Credit Guarantee Foundation plans to actively provide guarantee support to local SMEs and small business owners experiencing financial difficulties.

NH Bank also made a special contribution of 4.7 billion won in January and, as of June 20, has supplied guarantees totaling 229.3 billion won, thereby maintaining a close and ongoing cooperative relationship.

A representative from Chungnam Credit Guarantee Foundation stated, "We will continue to strategically expand cooperation with private financial institutions to actively support the management stability of SMEs and small business owners, who are the backbone of the local economy."