In March 2012, NACF separated operations for its NongHyup Financial and NongHyup Agri-business sectors, and NongHyup Financial Group (NHFG) and NongHyup Agribusiness Group were established. In April 2014, NongHyup Financial Group completed acquisition of the brokerage units of Woori Financial Group. By acquiring Woori Investment & Securities, Woori Aviva Life Insurance and Woori Financial Savings Bank, NHFG has become the fourth¬largest player in industry. The Group offers deposits products, loans, mortgages, life, property, and casualty insurance, asset management and more. As of December 31, 2014, the NongHyup Financial Group had total assets of 315.7 trillion won (US$288.2 billion)