BNK Financial, Agreement to Promote Home Pension Loans

On the 18th, at the BNK Financial Group headquarters in Nam-gu, Busan, during the business agreement ceremony to promote the housing pension, (from left) Kim Ji-wan, Chairman of BNK Financial Group, Hong Jang-pyo, Chairman of the Special Committee on Income-Led Growth, and Lee Jeong-hwan, President of Korea Housing Finance Corporation, are taking a commemorative photo. Photo by BNK Financial Group

[Asia Economy Reporter Kim Min-young] BNK Financial Group announced on the 18th that it has signed a "Housing Pension Activation Business Agreement" with the Income-led Growth Special Committee and the Korea Housing Finance Corporation to stabilize the retirement life of the elderly and middle-aged population.

Through this agreement, BNK Financial plans to actively promote the activation of housing pension loan handling to stabilize the retirement life of the elderly and middle-aged in the southeastern region, including Busan and Gyeongnam, where the aging index is higher compared to other provinces.

The Income-led Growth Special Committee will provide policy development support to activate housing pension loans.

The Korea Housing Finance Corporation will jointly promote and market to raise awareness of housing pension loans. It will also support training programs to enhance the counseling capabilities of dedicated window staff at Busan Bank and Gyeongnam Bank branches.

Kim Ji-wan, Chairman of BNK Financial, said, "We expect that the activation of housing pension loans will greatly help the elderly and middle-aged to have a stable retirement life," adding, "BNK will continue to implement various financial programs for senior customers."

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