Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Cooperatives around the world

NACF story : financial business

16 May 2025

Description

NACF system, its federation and member cooperatives, is a agricultural cooperative as well as a financial cooperative. This happened when it was established in 1961, Korean government wanted NACF to be a financial resource for farmers, rural communities and agricultural sector and made the Agriculture Bank merged with agricultural cooperative system. NACF financial business have eradicated the usury in rural communities and made farmers be self-help in loans. It becomes one of the largest financial organizations, with a commercial bank and other financial service providers charted to NACF, and cooperative banks to its member cooperatives.

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.