"Leap to a 100-Year Bank with Gyeongnam Residents" ... BNK Gyeongnam Bank 50th Anniversary

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] BNK Gyeongnam Bank, established on May 22, 1970, as the 9th among 10 regional banks nationwide, has celebrated its 50th anniversary.

Gyeongnam Bank, which took its first step carrying the mission of balanced national development and revitalization of the regional economy, has grown together with the residents of Gyeongnam.

After facing difficulties due to weak competitiveness in its early days, it laid its foundation thanks to regional development boons such as the Masan Free Export Zone and the creation of the Changwon comprehensive machinery industrial complex.

Starting with a capital of 300 million KRW, it went through many hardships before establishing itself as a regional bank with total assets in the 48 trillion KRW range.

In particular, despite experiencing the 1997 International Monetary Fund (IMF) foreign exchange crisis, support for small and medium enterprises in 2000, incorporation into Woori Financial Group, and the privatization process, it continuously engaged in social contribution projects such as service, donations, and charity within the local community, coexisting with the region.

During the COVID-19 pandemic, it has taken the lead in supporting small and medium enterprises and providing financial support to small business owners to help recover the regional economy, while employees voluntarily donate part of their monthly salaries and emergency disaster relief funds to support vulnerable groups.

Gyeongnam Bank is focusing on digital transformation by integrating artificial intelligence (AI), big data, blockchain, and geographic information systems (GPS) in line with the 4th Industrial Revolution, preparing to become a 'future-oriented branch' and enhancing its digital competitiveness.

Hwang Yoon-chul, President of BNK Gyeongnam Bank, said, "We will continue to strive tirelessly to leap forward as a 100-year bank together with the region as a representative regional financial institution."

This content was produced with the assistance of AI translation services.