NongHyup Bank Offers Preferential Loan Rates to Companies Certified Under 'Rural ESG Practice Certification System'

Up to 0.3 Percentage Point Preferential Rate
Supporting Sustainable Growth Through Rural ESG Certification

NH NongHyup Bank announced on August 25 that it will offer preferential loan interest rates to companies and institutions recognized under the 'Rural ESG (Environment, Social, Governance) Practice Certification System,' which is jointly organized by the Ministry of Agriculture, Food and Rural Affairs, the Ministry of Oceans and Fisheries, and the Foundation for Large, Small, and Medium Enterprises and Agriculture and Fisheries Cooperation.

The 'Rural ESG Practice Certification System' is a program that certifies rural ESG activities conducted by private companies and public institutions based on 33 indicators and additional scoring items. Selected companies, institutions, and organizations receive benefits such as government awards, comprehensive ESG consulting, and promotion of best practices.

NongHyup Bank supports the sustainable development of rural areas by providing up to a 0.3 percentage point preferential interest rate on ESG corporate loans to companies and institutions recognized under the 'Rural ESG Practice Certification System.'

Kang Taeyoung, CEO of NongHyup Bank, stated, "Balanced development of rural areas is essential for Korea's sustainable growth," adding, "We will continue to strengthen benefits such as services and products for companies that take the lead in win-win cooperation with rural communities."