Monday, February 20, 2017

Ulcer cooperatives, credit recovery business indicators



[Korea Incheon financial newspaper reporter Lee, Dong - Kyu; ulcer cooperatives (Hwang, In - Ho union president) said that since recovered, such as deposit margins due to the re-deposits, corporate deposits from the release of accrued interest recovered last year, the credit business. Credit business fundamentals and improving loan loss provisions also promote low-cost deposits has been committed. NACF ​​ulcer and education support programs were also conducted in continuous production agricultural guidance and material support to strengthen the competitiveness of production last year members.

In steady economic projects for the bread processing business inventory depletion increases with decreasing rice consumption, and operated the business of direct transactions fresh produce local food jikmaejang.

Year end 2016 total assets of 467.1 billion won ulcer NACF, debt capitalization is 423.1 billion won, capitalization is 43.9 billion won.

Ulcer and NACF "overcame the difficulties members and customers of the concern and love and stable entry into the business normalization steps," "been over a year as bad loans clearance, dike area urban development projects incorporate restitution of land, etc.," he said He said.



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