Search results for NongHyup Life
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 Q1 net profit up 21.7 percent to 868.8 billion won
NH NongHyup Financial Group said on Thursday its first-quarter net profit rose 21.7 percent from a year earlier to 868.8 billion won. By affiliate, NH NongHyup Bank posted 557.7 billion won, NH Investment & Securities 475.7 billion won, and NongHyup Life and General Insurance 67.1 billion won. Net interest income rose 7.3 percent to 2.11 trillion won and non-interest income climbed 51.3 percent to 903.6 billion won.
Finance
NH NongHyup Financial posts record 2025 net profit, up 2.34 percent
NH NongHyup Financial Group said on Tuesday it posted a record net profit of 2.51 trillion won in 2025, up 2.34 percent from a year earlier. Results were broad-based across major affiliates, including NongHyup Bank and NH Investment & Securities. Net interest income fell as net interest margin slipped, but non-interest income rose sharply on gains in securities management and higher advisory and brokerage fees.