The National Agricultural Cooperative Federation did its best to restore flood damage

The power of the rainy season in early summer was amazing. The rain that had fallen since the morning of July 14 poured down like a hole in the sky. Farmers at Nabok-ri Watermelon House Complex in Gyuam-myeon, Buyeo-gun, South Chungcheong Province, sighed as they saw their crops in ruins. A house the size of a house collapsed due to a landslide, and half of the rice fields fell off in the swollen river and flowed downstream.

This area is famous for its delicious watermelon. In July, the entire house was busy with the final shipment of high-quality, high-sugar watermelons that had been carefully cultivated after overcoming the cold. However, three days before shipment, the special product was scratched by a typhoon and rotted away.

On the afternoon of July 17, Nonghyup Federation Chairman Lee Seong-hee gathered the heads of Nonghyup Disaster Departments, such as the Nonghyup Federation, NH Nonghyup Bank, and Nonghyup Damage Insurance, as well as the heads of the Agricultural Cooperative Federation to examine the damage situation. The crop accident insurance claim adjuster accompanying the site immediately started assessing the damage of the crop accident insurance. It is said that this was in accordance with Chairman Lee’s instructions that “the damage assessment must be processed as quickly as possible to minimize the impact of reduced income on farms.”

On this day, Chairman Lee promised farmers who owned watermelon houses, “We will do our best to support the affected farmers by mobilizing all the support of the pan-Agricultural Cooperative Federation, such as financial support for the affected farms, support for crop recovery and control, and relief supplies.” On July 17, Chairman Lee visited Gunsan and Gimje in Jeollabuk-do, Nonsan, Buyeo and Cheongyang in Chungcheongnam-do, and on July 18, Yecheon, Mungyeong and Yeongju in Gyeongsangbuk-do, and Cheongju in Chungcheongbuk-do, to share the on-site situation with heads of agricultural and livestock cooperatives and to come up with ways to support damage. arranged

Support for farming, finance, and livelihood먹튀검증 stabilization of affected farmsThe National Agricultural Cooperative Federation is taking the lead in ESG management by setting a monthly theme and focusing on core activities appropriate to it . For example, in January, we hold a ‘New Year’ event to support the underprivileged, such as rice cake soup of love and sharing of our agricultural products, and in December, we hold a ‘Warm Winter’ event that carries out winter items such as heaters and winter goods, kimchi, and Christmas-related activities. ‘ Conduct the event.

At the same time, the National Agricultural Cooperative Federation is fulfilling its social responsibility by carrying out timely ESG management throughout the year. In order to support the livelihood of farmers affected by the recent torrential rains and restore damage, the National Agricultural Cooperative Federation and major group companies gathered their capabilities to prepare comprehensive support measures centered on △farming support for damaged farms △financial support for damaged farms △support for stabilizing the livelihood of affected farms. that is part of it

The National Agricultural Cooperative Federation injected 300 billion won of interest-free disaster funds into front-line agricultural cooperatives to stabilize farming. Beom Nonghyup affiliates and employees donated 3 billion won. In order to prevent the spread of pests and diseases in crops, an emergency control team was launched in cooperation with local governments.

In the financial support sector, major group companies focused on minimizing losses to farmers by concentrating their capabilities. Nonghyup Financial Group provided interest-free loans of up to 10 million won to the affected farms, and NH Nonghyup Bank decided to promptly support new loans, extend maturity, preferential interest rates, defer payment of interest on loans and credit card payments. NH Nonghyup Life Insurance and NHNonghyup Insurance Co., Ltd. promptly conducted a damage investigation and paid the insurance money early.


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