
AI-generated summary
NH Nonghyup Bank entered the local market by opening a branch in Noida, India, in May 2023, and plans to move the branch to New Delhi in February 2027.
NH Nonghyup Bank announced on the 13th that Bank President Kang Tae-young met with Indian Ambassador to Korea Goranglal Das at its headquarters in Jung-gu, Seoul on the 12th and discussed ways to expand business and strengthen cooperation in the Indian financial market.
Nonghyup Bank entered the local market by opening a branch in Noida, India, in May 2023, and plans to move the branch to New Delhi in February 2027.
In this meeting, we focused on discussing ways to revitalize corporate finance for local Indian companies and cooperate with local financial institutions. In particular, based on expertise in the agricultural finance field, we also explored ways to discover financial demand and expand support opportunities in agriculture-related industries such as food processing, agricultural and marine products distribution, and cold chain.
Bank President Kang Tae-young said, "We will expand the scope of financial support beyond Korean companies to local companies and various fields such as agriculture and infrastructure, and discover new growth opportunities through cooperation with local financial institutions."
AI outlook โ possibilities, not facts
NH Nonghyup Bank's Indian branch will move to New Delhi in February 2027.
Very likely ยท Within months

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