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Search results for NH Nonghyup Bank

Finance

NH NongHyup Bank upgrades corporate loan screening, shifts to \'agentic AI bank\'

NH NongHyup Bank is applying artificial intelligence to corporate credit pre-screening, product recommendations and credit review report writing. The bank said it has built an AI-based PASS screening system for the corporate loan review process. It aims for pre-screening accuracy comparable to full reviews, provides customised product recommendations and automates corporate review reports. The bank expects faster and more consistent screening and less repetitive paperwork.

Finance

NH NongHyup Financial first-half net profit rises 9.2 percent to 1.78 trillion won

NH NongHyup Financial Group posted a record first-half net profit of 1.78 trillion won, up 9.2 percent from a year earlier, supported by growth in both interest and non-interest income. Operating profit rose 14.0 percent to 3.2 trillion won. NH Investment & Securities more than doubled profit, while bank and insurance units saw declines. Credit loss provisions and selling and administrative expenses increased.

Finance

WebCash joins IBK Industrial Bank of Korea digital platform and AI banking build

WebCash has won an 8.72 billion won project to revamp IBK Industrial Bank of Korea\'s digital banking, building a digital platform, global banking and AI-based services with LG CNS and Finger. The company said it signed a supply contract with IBK System for the first phase of the IBK digital banking rebuilding project. The work is the first step in a three-stage roadmap and aims to lay a foundation for expanding services and follow-up platform construction.