NH Nonghyup, Agribank Back Vietnamese Students
A bank with the largest branch network in Vietnam, a national university in Korea, and NH Nonghyup Bank are joining forces to establish a comprehensive support system for Vietnamese international students.NH Nonghyup Bank announced on Oct, 23 that it signed a 'Memorandum of Understanding on Attracti
NH Nonghyup Bank, a leading financial institution in Vietnam, along with Agribank and Changwon National University in Hanoi, have partnered to create a robust support system for Vietnamese students studying abroad. On October 22, NH Nonghyup Bank signed a memorandum of understanding with Agribank and the university, signaling their commitment to attracting international students and providing essential financial services.
Agribank, known for its extensive branch network in Vietnam, will aid Changwon National University by leveraging its branch presence to promote the university's presence and attract prospective students. The bank plans to collaborate with local sales channels to promote the university and provide comprehensive financial support throughout the students' study abroad journey.
NH Nonghyup Bank and Agribank agreed to establish a connected system for financial services, catering to the diverse needs of international students from the preparation stage to their stay in Korea. This includes foreign exchange transactions for tuition and living expenses, ensuring a seamless financial experience for students throughout their academic journey.
This cooperation follows a similar strategic collaboration signed by NH Nonghyup Bank and Agribank in April, where the two entities have continued to expand their customer bases, introduce a card-based overseas remittance service, and engage in marketing campaigns centered around K-content. In July, Agribank executives visited Korea to discuss the specific implementation plans.
Ji Seong-wook, the head of NH Nonghyup Bank's Hanoi Financial Center, highlighted the significance of this agreement, stating that it not only helps Changwon National University attract international students but also expands the bank's customer base in foreign markets. He further emphasized their commitment to developing this cooperation into a model that provides practical assistance to students, universities, and banks alike.
The signing ceremony was attended by Ji Seong-wook, Changwon National University's president Park Min-won, and Agribank Foreign Exchange Settlement Center Deputy Head Pham Ngoc Diep, who expressed their promise of close cooperation moving forward.
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