Korea Agricultural Cooperative Bank is a national bank invested by 4 million farmers and urban residents. At the end of 2000, the capital turnover of Korea Agricultural Cooperative Bank ranked first among domestic banks and fourth among 65,438+0,000 companies in Korea. In July of 200 1 year, it had a deposit of 73 trillion won, so the Korea Agricultural Cooperative Bank was awarded the title of super bank.
The Korea Agricultural Association Bank also provides funds for agricultural development. By the end of May, 20001year, the Korea Agricultural Cooperative Bank had provided about 6 1 trillion won for agricultural activities, equivalent to 60.3% of the government's funds for agricultural activities. The Bank of Korea tries its best to improve farmers' living standards by providing agricultural operation and development funds and issuing policy loans.
Korea Agricultural Cooperative Bank has nearly 5,000 branches all over the country, which not only provides all-round economic services, such as international business, export support, credit card business and interest-free insurance services, but also sells agricultural products produced by Korean farmers.
Credit commitment
Refers to banks, insurance, securities, credit cards, futures investment, cooperative finance and other undertakings established to ensure the necessary funds and income of agricultural cooperatives. Agricultural Cooperative Bank is the bank with the largest number of branches in Korea, and it is considered as the safest bank by Korean consumers.