NH Nonghyup Bank Supports Inclusive Finance with 1.9 Trillion Won in First Half of 2026

By Galim Kwon Posted : July 3, 2026, 09:24 Updated : July 3, 2026, 09:24
Nonghyup Bank officials pose for a commemorative photo after the third meeting of the Inclusive Finance Promotion Council on July 2 at the bank's headquarters in Jung-gu, Seoul. [Photo=Nonghyup Bank]
NH Nonghyup Bank announced on July 3 that it held the third meeting of the Inclusive Finance Promotion Council at its headquarters in Jung-gu, Seoul, where it reviewed the status of inclusive finance support for the first half of 2026 and discussed plans for the second half.

As of the end of June, the bank provided a total of 1.9 trillion won in support for inclusive finance, including assistance for low-income individuals, small businesses, and those who have closed their businesses. The bank also launched tailored loan products for customers diligently undergoing credit recovery processes and distributed agricultural product packages to 10,000 people.

Additionally, it introduced products with capped interest rates aimed at vulnerable groups, such as people with disabilities and single-parent families, demonstrating its commitment to practical inclusive finance.

In the second half of the year, the bank plans to strengthen its response system in preparation for the introduction of a banking sector evaluation system. It will implement a special debt relief program for individual debtors, particularly those from socially disadvantaged backgrounds, and promote mid-interest loans. Furthermore, the bank will operate rest areas at its branches nationwide to help prevent damage from extreme heat and cold. This initiative is seen as a reaffirmation of its identity as a community-based financial institution.

Park Hyun-joo, Deputy Head of the Personal Finance Division, stated, "Inclusive finance is the bank's social responsibility to reduce financial blind spots and support customers for a better life," and emphasized the bank's commitment to continuously expand practical financial support for agriculture, rural areas, and financially vulnerable communities.




* This article has been translated by AI.

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