NongHyup Financial Group Chairman Lee Chan-woo spoke about his goals for 2026 during a meeting with reporters in January.
¡°NongHyup Financial Group will pursue the two pillars of technological innovation and coexistence with agriculture and rural communities in a balanced manner to concretize its future vision in the New Year of 2026,¡± Said Lee, who took office in February of last year.
¡°2026 is a year in which NongHyup Financial Group will create a new turning point for sustainable growth,¡± Lee said.
He revealed his strategies for this year — to lead the way in AI and digital transformation and become a financial group that benefits the agricultural and rural communities that form the foundation of NongHyup, as well as the public.
Chairman Lee singled out building a foundation for growth through innovation as the most valuable achievement of 2026.
He added that NongHyup Financial Group strengthened its foundation for future growth through financial innovation centered on generative AI and the establishment of an ESG foundation.
This year, Nonghyup Financial Group will pump up efforts to strengthen risk management and customer specialization and increase non-interest income.
¡°We will strengthen its company-wide crisis response capabilities by establishing a group-wide integrated ¡®risk map¡¯ encompassing traditional and emerging risks,¡± Lee said.
¡°In addition we will shift away from an interest-focused profit and loss structure and strengthen its non-interest growth engine by sharpening the competitiveness of our wealth management (WM) business, improving its insurance product portfolio, and establishing an ETF business platform.¡±
In 2026, with a view to coexisting with rural communities, NongHyup Financial Group aims to further strengthen its roles as a financial institution responsible for the agricultural sector.
¡°We will drive sustainable development in agriculture and rural areas by expanding financial support, including establishing a fund to support agricultural and agro-food companies and offering lower special interest rates to farmers,¡± Lee said.
From 2026 to 2030, NongHyup Financial Group will invest 93 trillion won in productive finance over the next five years to strengthen its roles in driving innovation in strategic industries, fostering small and medium-sized enterprises (SMEs), and driving regional economic growth.
¡°We plan to expand financial support, including establishing a fund to support agricultural and agro-food companies and offering preferential interest rates to farmers, to drive sustainable development in agriculture and rural areas,¡± Lee said.
NongHyup Financial Group wants to ignite its growth rocket and leap forward as a future financial group.
In a nutshell, NongHyup Financial Group will mark a new turning point in its path to sustainable growth in 2026 according to Lee.
NH Investment & Securities Develops First Korean Industry Classification System
NH Investment & Securities announced on Jan. 7 that it has developed the NH Industry Classification Standard (NHICS), an industry classification system specialized for the Korean stock market in collaboration with KOSCOM.
The NHICS is part of a strategy to strengthen data-driven decision-making and research competitiveness, which has been continuously pursued since Yoon Byung-woon took office as president of NH Investment & Securities.
It was developed to move beyond competition focused on short-term product performance and enhance a deep understanding of the domestic capital market, while establishing an investment infrastructure accessible to all market participants.
NH Investment & Securities was responsible for designing the industry classification system and classifying listed companies, while KOSCOM was responsible for providing the system and calculating an actual industry index.
This marks the first joint development of an industry classification system by a securities firm and a financial IT organization, combining their respective expertise.
The NHICS organizes listed Korean companies into three categories — the major category (13 companies), the intermediate categories (31 companies), and the minor category (73 companies).
It is designed to enable a clearer and more comprehensive understanding of industry-specific performances.
Its most notable feature is that it actively reflected the structure of the Korean capital market, industry characteristics, and the perspectives of investors.