Gwangju Bank Opens ‘Yeosu Ungcheon Branch’ Reflecting Financial Demand

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Bank (President Song Jong-wook) announced on the 23rd that it has opened the Yeosu Ungcheon Branch (Branch Manager Moon Chan-guk) in the Ungcheon district of Yeosu City, Jeollanam-do.

The Ungcheon district in Yeosu City is a large-scale public housing site under development, covering an area of 2.8 million square meters and aiming to accommodate a population of 30,000. It is gaining attention as a hub for marine leisure sports and transportation through the marina port development project and the construction of the Ungcheon-Soho bridge.

With the continuous influx of population into the Ungcheon district of Yeosu City, the financial demand of local residents has expanded. Considering customer accessibility and convenience, Gwangju Bank established the Yeosu Ungcheon Branch on the first floor of a newly constructed building located at the Ungcheon-ro intersection, where apartment complexes are densely concentrated.

Although commercial banks have been reducing the number of branches through consolidation and downsizing amid workforce reductions, Gwangju Bank has actively reflected the financial demands of local residents and changes following the revitalization of the new city area to pursue a new market development strategy by opening a new branch.

Song Jong-wook, President of Gwangju Bank, said, “As a representative bank of Jeollanam-do and Gwangju, we will do our best to serve as a financial partner to local residents and customers by providing financial convenience and high-quality financial services, and practicing customer-centered and community-based management. Furthermore, to achieve mutual growth with the region, we will take the lead in social contribution activities and various initiatives that pursue values beyond profit, walking together with the local community.”

Meanwhile, Gwangju Bank currently operates 143 branches, with 118 branches in the Jeollanam-do and Gwangju regions and 25 branches in the metropolitan area.

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