Daegu City-Gyeongsangbuk-do-DGB Daegu Bank, Agreement to Revitalize Local Tourism and Finance

From the left, Lee Cheol-woo, Governor of Gyeongbuk Province; Lim Seong-hoon, President of Daegu Bank; Kwon Young-jin, Mayor of Daegu.

[Asia Economy Reporter Kim Hyo-jin] DGB Daegu Bank announced on the 9th that it held a tourism and finance revitalization agreement ceremony titled ‘Let’s Visit Daegu·Gyeongbuk Hot Places!’ with Daegu City and Gyeongsangbuk-do to revitalize the local economy, which has been stagnant due to COVID-19, and to strengthen regional economic activities as a representative local company.

The agreement involves offering preferential interest rates on certain DGB Daegu Bank products upon location verification at tourist attractions in Daegu and Gyeongbuk, combined with the bank’s first 1-year fixed savings product applying satellite navigation system (GPS). This product, named ‘DGB Hot Place Savings,’ is scheduled to be launched next week.

DGB Daegu Bank aims to contribute to the revitalization of Daegu and Gyeongbuk tourism by launching financial products linked to tourist sites using digital new technologies and promoting recommended tourist destinations. Daegu City and Gyeongsangbuk-do will support the selection of tourist attractions related to DGB Daegu Bank’s financial products, cooperate with relevant local governments in administrative and marketing tasks, thereby fostering the simultaneous growth of tourism and finance to boost the regional economy.

President Lim Seong-hoon expressed his intention, stating, “As a leading local institution, we will carry out various efforts to cooperate with Daegu and Gyeongbuk local governments in diverse ways to achieve mutual development.”

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