The Korea Shooting Federation has gained an official sponsor after 70 years! Two-year MOU with NH Nonghyup Bank
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The Korea Shooting Federation signed a memorandum of understanding (MOU) with NH Nonghyup Bank at its headquarters in Jung-gu, Seoul on the 8th. The contract period is two years. The Korea Shooting Association, which started in 1955, has set up a sponsor for the first time in its history. It is expected to be an important turning point in the Korean shooting world.
A total of 11 people attended the signing ceremony, including the chairman of the Korean Shooting Federation, Hong Jong-pyo, head of the public relations division of NH Nonghyup Bank, and Lim Young-seop, head of the sports team.
The Korea Shooting Federation was established as the Korea Shooting Association on February 8, 1955. It was renamed the League in 1965. South Korea's shooting team won its first Olympic medal at the 1988 Seoul Olympics. At the 2024 Paris Olympics, he won three gold medals and three silver medals, the highest ever.
In particular, Ban Hyo-jin (women's 10m air rifle), Oh Ye-jin (women's 10m air pistol), and Yang Ji-in (women's 25m pistol) swept the gold medal at the 2024 Paris Olympics. Ban Hyo-jin's gold medal added significance as it was the 100th in the Korean Summer Olympics. It is also the first women's air rifle gold medal in 32 years since the women's equinox at the 1992 Barcelona Olympics.
NH Nonghyup Bank is a company with a tradition of sports sponsorship that has consistently supported unpopular sports such as tennis since the foundation of the tennis team in 1959. It has contributed to the development of Korean sports by hosting international competitions such as tennis and soft tennis and sponsoring various competitions. Through the agreement with the Korea Shooting Federation, the sponsorship area has been expanded to shooting sports.
Under the agreement, NH Nonghyup Bank will have various exposure opportunities as a sponsor in domestic and international competitions organized by the Korean Shooting Federation. A total of 20 competitions (16 professional sports and 4 daily sports) will be held in Korea in 2026. The value of sponsors will be enhanced through banners and award photo zones at major competitions such as the chairman flag, the Bonghwang flag, the police chief flag, the Hong Beom-do general boat, the security chief flag, and the culture minister flag.
In 2026, athletes will be dispatched to major international competitions such as the Aichi-Nagoya Asian Games in Japan and the Doha World Championships, and NH Nonghyup Bank's brand will be exposed on the international stage as the official uniform of the national team includes the sponsor mark.
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"It is an honor to be with the Korean Shooting Federation, which achieved the highest performance ever in the Paris Olympics," said Hong Jong-pyo, head of the public relations division of NH Nonghyup Bank. "NH Nonghyup Bank has supported various sports for the development of Korean sports, and we hope that it will contribute to the expansion of the base of shooting sports and the development of excellent athletes."
In particular, the two organizations are reportedly discussing the establishment of a NH Nonghyup Bank President's National Shooting Competition with this agreement. If the competition is held, it is expected to contribute greatly to expanding the base of shooting sports and reducing the economic burden on athletes by not receiving participation fees from athletes.
This article was translated by Naver AI translator.
