NH Financial Group has launched the NH Financial Hub in Jeonbuk State to support regional strategic industries and advance South Korea’s balanced-growth policy. The platform brings together banking, insurance, securities, asset management, capital and venture investment services in a one-stop system for companies at different stages of development. NongHyup Bank will provide corporate lending, investment and agrifood consulting; the insurance units will handle corporate coverage; the securities affiliate will support corporate finance; and venture investment will identify and fund innovative regional companies. NH-Amundi Asset Management opened a Jeonju office last month near the National Pension Service’s Fund Management Headquarters to strengthen institutional cooperation. The firm plans to expand that relationship, pursue industry-academia cooperation with Jeonbuk National University, provide a 100 million won scholarship fund and operate financial education and youth internship programs. NongHyup Bank will contribute 1.7 billion won to the Jeonbuk Credit Guarantee Foundation and 1 billion won to the Korea Technology Finance Corporation to bolster guarantee capacity and expand lending to local small and innovative companies.