NH Nonghyup

Name: NH Nonghyup N° of Employees: 109,465
City: Seoul N° of Members: 2,445,120
Country: South Korea Year of formation: 1961
Website: http://www.nonghyup.com

NH Nonghyup (NACF) is a multipurpose cooperative with four main business divisions: agricultural marketing and supply, livestock marketing and supply, banking and insurance, and the extension service, which offers guidance. Following a restructuring in 2012, the NACF now serves its members and customers through 27 subsidiaries and two affiliate organizations. It represents 2.44 million individual members from 1,165 member cooperatives: more than 80% of all the Korean farmers.

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