Monday, March 20, 2017

Bucheon agricultural cooperatives, banks eighth consecutive clean fulfilled



[South Korea Lee, Dong - Kyu financial newspaper reporter] NACF Bucheon (choemanja union president) has achieved eight consecutive years to clean bank delinquency rate 0.46% last year.

In last year's credit business sector deposits was 5.02% exceeded the previous year (485 million) reap 1 trillion won to 1.0136 trillion won increase in earnings. Loans increased 766.6 billion won beat the performance of the year compared to 3.79% (280 million) in 2015.

To diversify the income structure Bucheon cooperatives were promoted non-interest income including foreign exchange business card, insurance continuously developed.

Economic division, 982 million won, 917 million won sales business, smart business grew 0.72% YoY to 10.4 billion won in earnings in the geodumyeo purchase business. In agricultural education support division it was 729 million won jidobi enforcement, welfare support costs 501 million won, including a total of 1.41 billion won.



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