| Nonghyup Bank (NHBank) | |||||||||
| Native Name: | NH농협은행 | ||||||||
| Type: | Private | ||||||||
| Industry: | Banking | ||||||||
| Hq Location City: | Seoul | ||||||||
| Hq Location Country: | South Korea | ||||||||
| Area Served: | South Korea | ||||||||
| Key People: | Lee Seok-young (CEO) | ||||||||
| Revenue: | KRW 17.837 trillion (2022) | ||||||||
| Operating Income: | KRW 2.78 trillion (2022) | ||||||||
| Net Income: | KRW 1.8 trillion (2022) | ||||||||
| Assets: | KRW 2.38 trillion (2022) | ||||||||
| Members: | 16,186 | ||||||||
| Num Employees: | 16,163 (2022) | ||||||||
| Module: |
| ||||||||
Nonghyup Bank or NH Bank (Korean:농협은행, SWIFT: NACFKRSE) is a specialized agricultural bank in Korea and is in charge of financial services, headquartered in Jung-gu, Seoul, South Korea. The bank was established by the split-off of the credit and banking business from National Agricultural Cooperative Federation (“NACF”) on March 2, 2012. It is now owned by the Nonghyup Financial Group. The predecessor of Nonghyup Bank started as Agricultural Bank established in 1907 as a financial association.
Unlike other major commercial Korean bank, Nonghyup bank is established with 100% domestic capital.[1] Nonghyup bank has 1,106 branches in domestic area, and 12 branches outside Korea, including New York, Beijing, Hanoi. It has the largest number of branches in Korea.[2]
On 29 April 2021, Nonghyup Bank was granted a Hong Kong banking licence.[3]