NH Nonghyup Bank North Gyeongsang Headquarters transfers 400 million to North Gyeongsang Credit Guarantee Foundation to promote corporate management stability

Published 2025년 10월 21일

Tridge summary

[Agricultural, Fisheries, and Livestock Newspaper=Reporter Jang In-sik] The NH Nonghyup Bank Gyeongbuk Branch (Branch Manager Kim Joo-won) recently transferred 400 million won in special capital to the Gyeongbuk Credit Guarantee Foundation to help stabilize the management of local businesses that are suffering direct and indirect damages due to U.S. government tariff measures. With this contribution, a total of 6 billion won in guarantee support will be available, which is expected to greatly help resolve the financial difficulties of small and medium-sized enterprises and small business owners who are struggling with weakened export competitiveness and increased costs. The Credit Guarantee Foundation plans to use the contributed capital to expand guarantee supply to affected companies, and the Nonghyup Bank will actively provide financial support linked to this to alleviate the businesses' liquidity problems.

Original content

Resolving financial difficulties for small and medium-sized enterprises Contributing to regional economic stability The NH Nonghyup Bank Gyeongbuk Branch (Branch Manager Kim Ju-won) recently transferred 400 million won in special contribution funds to the Gyeongbuk Credit Guarantee Foundation to seek management stability for local businesses that are directly and indirectly affected by U.S. government tariff measures. With this contribution, a total of 6 billion won in guarantee support will be available, which is expected to greatly help resolve the financial difficulties of small and medium-sized enterprises and small business owners who are struggling with weakened export competitiveness and increased cost burdens. The Credit Guarantee Foundation will use the contribution funds to expand guarantee supply to affected businesses, and the Nonghyup Bank will actively provide financial support linked to this to alleviate the businesses' cash flow difficulties. The NH Nonghyup Bank ...
Source: Aflnews

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