Finance
NH NongHyup Financial seeks to set up NH Smile Microfinance Foundation with 100 billion won
NH NongHyup Financial plans to establish the NH Smile Microfinance Foundation with 100 billion won funded jointly by major affiliates. The group said it held the first task force meeting on July 21 to review incorporation procedures and detailed plans. It aims to complete the foundation’s establishment within this year after consultations with relevant agencies. The foundation will add tailored products for farmers and young people returning to rural areas.