Nonghyup Bank, founded in 1961 and headquartered in Seoul, South Korea, operates with a mission to support the agricultural sector and promote rural development. As a key component of the National Agricultural Cooperative Federation, the bank provides a wide range of financial services, including retail banking, corporate banking, and investment solutions tailored to meet the needs of individual and institutional clients.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nonghyup Bank commenced its bond issuance operations in the early 1990s, positioning itself as a provider of capital in the South Korean financial market. A notable issuance occurred in 2019, when the bank raised approximately KRW 500 billion through a five-year bond sale, featuring competitive yields that were attractive compared to industry benchmarks. Recent trends show that Nonghyup’s bond yields remain favorable, contributing to its reputation as a reliable issuer. Additionally, the bank has incorporated green bonds in its offerings, aligning with sustainable finance initiatives, affirming its commitment to environmental responsibility amidst evolving market demands.