NH Nonghyup Financial Group has officially launched the "Productive Finance Special Committee" and is embarking on a full-scale transformation of its business structure.
Lee Chanwoo, Chairman of NH Nonghyup Financial Group (fourth from the left), is taking a commemorative photo after the plaque ceremony at the "Productive Finance Special Committee Launch Ceremony" held on the 23rd at the Nonghyup Central Association headquarters. The plaque ceremony symbolizes the official launch of the special committee and declares the commitment to promoting productive finance both internally and externally. Provided by Nonghyup Financial
On January 25, Nonghyup Financial Group announced that it held the launch ceremony for the Productive Finance Special Committee on the 23rd at the Nonghyup Central Association headquarters, attended by Chairman Chanwoo Lee and more than 40 participants.
During the event, the progress of each subcommittee on productive finance and plans for activation this year were shared.
The Productive Finance Special Committee will serve as a control tower, driving key initiatives to facilitate a major shift toward productive finance, enhance financial accessibility for vulnerable groups, and alleviate financial burdens. For systematic implementation at the group level, four subcommittees will be operated: Adventure Capital & Equity, Investment & Financing Activation, National Growth Fund, and Inclusive Finance.
Previously, Nonghyup Financial Group operated the "Productive Finance Activation Task Force (TF)" last year, carrying out the first, second, third, and fourth projects for productive finance. These included pursuing approval for a comprehensive investment account (IMA) for securities, a climate package finance program, and the K-Food Scaling Up program.
This year, in conjunction with the launch of the special committee, a contest was held to select four ideas for productive finance and two ideas for inclusive finance from a social impact perspective. The selected ideas, which will undergo practical review for early commercialization, include: advancement of corporate credit evaluation models to support productive finance, provision of financial products to support settlement of rural workers, expansion of adventure capital supply across corporate life cycles, and the "New Hope Special Loan" for individuals seeking credit recovery.
At the plaque ceremony, Chairman Lee emphasized, "Productive finance will go beyond merely responding to government policy," adding, "Nonghyup Financial Group will play a leading role in improving the quality of its assets and driving a major transformation of the Korean economy."
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