History

HISTORY

2011 ~
The Present
2015. 4
Inauguration of the 4th president, Yonghwan Kim
2014. 6
Woori Investment & Securities, Woori Aviva Life insurance, and NH Savings Bank became subsidiaries of
NongHyup Financial Group.
2013. 6
Inauguration of the 3rd president, Jongyong Yim
2012. 6
Inauguration of the 2nd president, Donggyu Shin
2012. 3
NongHyup Financial Group is established (1st president, Chungsik Shin)
2011. 3
The Amendment Bill of the Agricultural Cooperatives Act passed at the National Assembly
2001 ~ 2010
2010. 10
Opened branch office in New York
2009. 11
Launched independent credit card called the NH Cheum Card
2009. 2
Opened Cheongwadae branch
2008. 6
Launched NH Capital
2008. 3
Established Korea’s first IB Center
2006. 1
Established NH Investment & Securities through acquisition of Sejong Securities
2003. 1
Established NH-CA Trust Investment
1991 ~ 2000
2000. 7
Launched the NACF through a merger of the National Ginseng Cooperative Federation and the National Livestock Cooperatives
1998. 12
Launched Internet lending services
1998. 9
Introduced personal credit scoring system
1997. 3
Founded NACF Futures
1996. 8
Jointly established Shinhan Investment Trust Management
1994. 12
Launched tele-banking services
1994. 3
Gained approval for issuing agricultural gift cards
1991. 4
Digitized public deposit services
1981 ~ 1990
1990. 2
Deployed Korea’s largest online IT network
1989. 2
Entered the money trust business
1988. 3
Began handling national stock subscription deposits
1984. 6
Entered the credit card business
1981. 1
Transferred livestock affairs to the newly established National Livestock Cooperatives Federation
1971 ~ 1980
1979. 5
Started handling property-formation
(nest-egg) savings accounts
1978. 2
Surpassed the1 trillion-Won mark in bank deposits
1972. 3
Began to offer credit guarantees to those engaged in agriculture, forestry, and fishing
1961 ~ 1970
1969. 7
Started foreign exchange business
1969. 3
Created mid-to-long term agricultural funds
1965. 10
Began offering student loans
1965. 8
Declared the ‘New Farmer Movement’; launched long-term fraternal life insurance business
1961. 10
Entered the fraternal fire insurance business
1961. 8
NongHyup established through the merger of Agricultural Bank and Agricultural Federation