NH NongHyup Bank said on the 20th that it opened a new Headquarters Business Department 1 at NH Finance Tower in Jongno District, Seoul, to expand activation of the national economy and productive finance.
NongHyup Bank decided on this opening to strengthen focused support for core areas of the real economy, including advanced strategic industries, regionally specialized industries, and startups and venture corporations. The goal is to build a tailored financial support system for each stage of corporate growth.
To expand productive finance over the next five years, NongHyup Bank plans to newly supply a total of 76.8 trillion won, including ▲1.2 trillion won in the venture capital field ▲63.5 trillion won in the investment and loan field ▲11.6 trillion won in inclusive finance ▲500 billion won for the Public Growth Fund.
NongHyup Bank plans to expand and operate corporate finance specialty centers supporting the IT and semiconductor industries and the pharmaceutical and bio industries in Pangyo and Songdo.
Kang Tae-young of NongHyup Bank said, "We will continue to expand productive finance that contributes to revitalizing the national economy through proactive financial support."