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NH NongHyup Bank expands NH Points and local currency service to 45 areas
🇰🇷 South Korea /Economy & Trade

NH NongHyup Bank expands NH Points and local currency service to 45 areas

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • NH NongHyup Bank expanded its NH Points conversion service to local currencies in 45 areas.
  • Newly included areas include eight municipalities in Gangwon, five in Chungcheong, and Sejong, alongside existing locations such as Gyeonggi and Incheon.
  • An event through the end of the month will offer points and local-currency rewards to selected customers.

NH NongHyup Bank has expanded a service that allows customers to convert NH Points into local currency balances, extending the program to 45 local governments.

The service previously covered areas including Gyeonggi and Incheon. It now includes eight locations in Gangwon Province, including Gangneung, Donghae, Samcheok, Taebaek, Yeongwol, Hoengseong, Goseong and Inje; five in Chungcheong, including Cheonan, Chungju, Okcheon, Eumseong and Jincheon; as well as Sejong.

NH Members is an integrated membership service that allows NH Points to be freely earned and used at all NongHyup-affiliated merchants.

— NH NongHyup Bank officialThe official described the bank's membership service while discussing the expansion of its local-currency program.

The bank will run a promotional event through the 30th of this month. A draw will award 3,000 NH Points to 5,000 customers who convert at least 1,000 NH Points into local currency. Another 5,000 customers who spend the converted balance at participating local-currency merchants will be eligible to receive 2,000 points in local community-support cash.

An NH NongHyup Bank official described NH Members as an integrated membership service that allows points to be earned and used across all NongHyup-affiliated merchants. The bank said it would continue strengthening locally focused financial services.

We will continue strengthening locally focused financial services and practice shared-growth finance as the nation's bank.

— NH NongHyup Bank officialThe official outlined the bank's stated approach to community-oriented financial services.
About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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