Assemblyman Lee Byung-hoon: "Pepper Savings Bank Women's Volleyball Team to Be Founded in Gwangju as Home Base"

Representative Lee Byung-hoon (left in the photo) and CEO Matthew Jang (right in the photo).

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Congressman Lee Byung-hoon (Democratic Party of Korea·Gwangju Dong-gu Nam-gu Eul) announced on the 22nd that the Pepper Savings Bank Women's Volleyball 7th team will be established with Gwangju as its home base.

Congressman Lee said, "I explained that Gwangju is a city with solid infrastructure such as a volleyball-only stadium and the best volleyball enthusiasm in the country, as well as Gwangju City's active support plan, and received a firm confirmation that they plan to make Gwangju their home base."

According to Congressman Lee's additional explanation, CEO Matthew Jang has internally confirmed to make Gwangju the home base following persuasion and promises of support from Mayor Lee Yong-seop, Congressmen Lee Byung-hoon and Min Hyung-bae, and is accelerating the establishment process.

Pepper Savings Bank was born in October 2013 by acquiring Neulpureun Savings Bank, and at the time of acquisition, its assets were 190 billion won, which have now grown to 4.6 trillion won, making it the third largest savings bank in Korea. Its main business areas are Gyeonggi and Incheon regions.

As a result, Pepper Savings Bank initially intended to make Seongnam its home base during the women's volleyball team establishment process, but it seems that Gwangju was ultimately confirmed as the home base.

It is reported that CEO Matthew Jang expressed his intention to conclude and announce the Gwangju home base issue as soon as possible once negotiations with Seongnam City regarding stadium usage and other matters are completed.

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