BNK Financial Group Supports On-site Inspections of Overseas Subsidiaries and Discovery of New Growth Engines

BNK Financial Group Chairman Bindaein visited three countries?Cambodia, Laos, and Myanmar?on a week-long trip starting from the 4th.

This overseas trip was conducted to inspect the Southeast Asian operations of BNK Capital, a major affiliate of BNK Financial Group, and to support the discovery of new growth engines.

As the first schedule, Chairman Bin met with Deputy Governor Lat Sovannaret of the National Bank of Cambodia to discuss Cambodia's digital financial policies.

BNK Capital Cambodia was the first local Micro Finance Institution (MFI) to launch a mobile app, and plans to continue applying BNK Financial Group's digital expertise to its overseas subsidiaries to contribute to the spread of digital finance in Cambodia.

Next, he visited Laos and held a meeting with Baikam Katiya, Minister of the Ministry of Labour and Social Welfare of Laos.

This meeting was arranged to expand the scope of the business agreement signed in February by BNK Capital Laos to support Laotian migrant workers working in Korea and to establish a strengthened friendly cooperative relationship at the group level.

BNK Capital plans to make the expansion of financial services for Laotian migrant workers a new growth engine.

(From left) Kim Seong-ju, CEO of BNK Capital; Bin Dae-in, Chairman of BNK Financial Group; Baikam Katiya, Minister of Labor and Social Welfare of Laos; and Anuson Kamsingsabat, Director of the Employment Management Bureau of Laos, stood in front of the camera.

Finally, Chairman Bin held the ‘BNK Happy Sharing’ event at Elementary School No. 29 in the Taketa area of Yangon, Myanmar, conducting global social contribution activities to practice ESG management. Through this event, BNK Financial Group donated clothing, multifunction devices, computers, and more to the local underprivileged.

BNK Financial Group Chairman Bindaein said, “Global business requires establishing differentiated localization strategies for each country of entry,” adding, “We will strengthen support not only for banks but also for the global businesses of non-bank affiliates to lay the foundation for advancing as a global comprehensive financial group.”

Currently, BNK Capital operates a total of six overseas subsidiaries and 70 branches in Cambodia, Laos, Myanmar, Kazakhstan, and Kyrgyzstan, engaging in microloans and leasing businesses.

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