Nonghyup Financial Archives

Nonghyup Financial’s Net Profit Jumps in 2017

SEOUL, Feb. 9 (Korea Bizwire) – Nonghyup Financial Group Inc. said Friday its net profit jumped 167.9 percent in 2017 from a year earlier, thanks to a rise in interest income and lower loan-loss provisions. Net profit reached 859.8 billion won (US$784.8 million) last year, compared with the previous year’s 321 billion won, the group [...]

Nonghyup Financial Eyes Southeast Asian Market

SEOUL, Nov. 24 (Korea Bizwire) — Nonghyup Financial Group Inc., a major South Korean financial holding firm, said Friday it will ramp up efforts to expand its presence in Indonesia and other Southeast Asian countries. Nonghyup Financial Group said it will actively push to make forays into Indonesia in an effort to secure a foothold [...]