The credit union recorded a net profit of 383.1 billion won last year and recorded a surplus for 19 consecutive years.
On the 26th, the National Credit Union held the ’48th Regular Delegates’ Meeting at the Multipurpose Hall of the Shinhyup Central Training Center in Deokmyeong-dong, Yuseong-gu, Daejeon, and announced the results.
The event was held in strict compliance with the government’s quarantine guidelines, with only the minimum number of attendees in consideration of the recent aftermath of Corona 19.
The credit union achieved a total asset of 11,900 trillion won, an 8.3% increase from the previous year, despite the severe domestic economic contraction due to the corona 19 pandemic last year.
The total loan size was 78.900 trillion won, an increase of 7.900 trillion won (11%) from the previous year, and net income increased by 13 billion won from the previous year to 383.1 billion won, achieving a surplus for 19 consecutive years. In addition, the National Assembly also realized net income of 302.1 billion won.
In a commemorative address on the day, Chairman Yoon-sik Kim said, “The credit union recorded 111 trillion won in assets and 79 trillion won in total loans despite the difficult economic situation last year, serving as a pick-up for alleviating the financial crunch for the common people.” The fruit was thanks to the hard work of over 18,000 credit union employees nationwide.”
Chairman Kim suggested the best financial cooperative with improved social clarity and credibility as a management goal this year. To this end, ▲ strengthen cooperative credit competitiveness for sustainable growth ▲ support rural and small cooperatives for win-win development between cooperatives ▲ strengthen competitiveness in the era of untact by activating non-face-to-face media ▲ strengthen the identity of credit unions through expansion of social and inclusive finance We pledged to be reborn as a financial cooperative trusted by society.
In addition, the credit union plans to expand and operate the’Seven Great Inclusive Finance Projects’ this year to strengthen the financially vulnerable groups and local economies.
Since Chairman Kim took office in 2018, he has started seven major inclusive finance projects with the aim of solving social problems such as aging, low birthrate, employment crisis, and financial alienation. In recognition of such efforts, in October last year, he was the first financial company in the world to receive a letter of blessing from the Holy See.
[비즈트리뷴=김민환 기자]
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