[South Korea Lee, Dong - Kyu financial newspaper reporter] sf cooperatives (union president gimmyeongseop) is to achieve less than 1% delinquency rate through continuous arrears, bad debt management has greatly improved the quality and profitability.
Mutual credit business of banking deposits year-on-year growth was 16.0% compared with 550.1 billion won balance basis. Mutual credit loans grew 4.9% year-on-year to 378.5 billion won based on average balance scale. Through various welfare projects focused on promoting union silik and welfare and to support a total 1.515 billion won to support educational expenses.
Gimpo NACF in the country until the end of November 2016 a comprehensive performance evaluation 3rd, NH cooperatives nationwide No.1 national life, mutual funds clinch the banking deposits worth 500 billion won achieving such phenomenal performance.
Gimmyeongseop union president said that "in 2017 there will try to power the business profitable growth and established Complex for building permits in December last year received Kimpo Agricultural daegye 100 years."
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