Friday, March 3, 2017

NH Agricultural Capital, Agriculture and Livestock sales associated car finance market in March



[Korea before lower cervical financial newspaper reporter] NH The launch of the Agricultural Capital in March as part of a business association nongchukhyeop car finance.

According to industry capital in three days, NH Agricultural Capital is sets out a car to sell financial products 14 days from the Agricultural and Livestock market, strengthening business links.

NH strengthening of cooperatives operating in conjunction Capital is a strategy to increase overall sales of automotive financial assets. It is planning to take advantage of the "pan-cooperatives' sales network with many branches, such as the National Agricultural, Livestock. NH Agricultural Capital was established in 2017 the main business direction, expanding new car installment and car rental business expansion.

NH Agricultural Capital is financing a low share of the overall sales. According to last year's third quarter earnings report, while the NH Agricultural Capital loan handling specific tasks in the sales share of financing as high as 83.6% is the lowest at 2.5%.

NH is prepared to NACF capital growth and achieve 3 trillion in assets last year has strengthened the automotive finance sector. To this it was separate from the auto parts department in charge of financial equity investment of 15 billion won in loans to leasing companies in China last year statute of the group and launched a leasing business.

NH Agricultural Capital official said, "seeks to increase the agricultural cooperatives, utilizing the infrastructure of financial assets such as cars Livestock throughout the country, said 'plans to expand its auto financing as much as possible increase in total operating assets.



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