16 September

NACUFOK President KIM receives Papal Blessing as Korean Credit Unions celebrate their 60th anniversary

  • Date : Wednesday September 16, 2020
  • Venue :

Dear Fellow Cooperators:

It is our great honor and pleasure to make the following announcement.
Mr. Younsik Kim, President of ACCU, Chairman and President of NACUFOK, received the Papal Blessing from Pope Francis in recognition of the Korean Credit Union Federation’s active implementation of the seven major inclusive financial policies that have embodied the spirit of sharing for the socially disadvantaged.
The Papal Blessing was given in light of the Vatican being impressed by NACUFOK’s 6 decades of upholding the spirit of the credit union, which puts emphasis on the value of people and communities, and its implementation of the seven major inclusive financial policies for the past two years, which have helped the working class, the underprivileged, and other socially vulnerable groups, while helping to resolve the blind spots in financial benefit.
Mr. Kim expressed his thoughts, saying “Receiving the Papal Blessing is not my honor alone. It is great praise for and honor of the sacrifice and affection of the early pioneers of Korean credit unions, its 6 million members and the dedication of its 15,000 employees.

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