Monday, March 20, 2017

Horizon agricultural cooperatives, Ministry of Agriculture, Forestry and Livestock sub-feat



[Korea Financial News Lee, Dong - Kyu News] horizons cooperatives (union president Chong-Moon Lee) was established under starting with the first prize of the 6th industry competition in 2016 in recognition contributed to the increase in Agricultural development and rural incomes horizons cooperatives in 56 years Chong-Moon Lee deacon the agriculture, forestry and animal husbandry He achieved the feat of winning the award for Food.

Last year horizon NACF to promote lending for the credit business income make up to promote business growth through funds expand mutual credit deposits are dwaetgo compared to 3.6% improvement 125.7 billion the previous year (121.369 billion won) to 43 million won, it decreases as the low interest rates mutual Finance loans grew 15.4% compared to the previous year (98.021 billion won). Another executive said a total of 845 million won last year with the support of education expenses for members of income generation and agricultural competitiveness.

Business conditions in 2016 were the same 1 star rating and the previous year. Allowance for doubtful accounts is a record 3.906 billion won jeokripyul was about 160%.



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