Search results for NH NongHyup Capital
Finance
NH NongHyup Financial to launch 100 billion won co-growth fund 2 to expand investment in regional materials, parts, equipment and vendors
NH NongHyup Financial Group will create a 100 billion won fund to invest in regional specialised industries and supply-chain companies. The blind fund, tentatively named NH Korea Co-Growth Fund 2, will be managed by NH-Amundi Asset Management. It will be financed with internal group funds contributed by major affiliates including NH NongHyup Bank, NH NongHyup Life Insurance, NH NongHyup Property & Casualty Insurance, NH Investment & Securities and NH NongHyup Capital.
Finance
NH NongHyup Financial launches three inclusive finance products to close credit gap
NH NongHyup Financial Group said on Tuesday it launched a three-product inclusive finance package aimed at reducing credit blind spots. Under its NH shared growth project, it plans to supply 108 trillion won in productive and inclusive finance by 2030, including 15.4 trillion won for inclusive finance. The package includes youth loans, preferential rates on major bank loans and planned new products for vulnerable borrowers.
Finance
Alipay global ambitions grow as K Bank gains momentum in third IPO bid
Ant Group is accelerating its push into the global payments market, with Alipay Plus linking more than 40 mobile payment apps across dozens of countries in Asia, Europe and the Middle East. The network is used mainly by tourists at 150 million merchants in more than 100 countries and is expanding QR-based payment services to small businesses in developing countries. In South Korea, K Bank is in focus as it pursues a third IPO attempt, alongside product updates and new card features.