BNK Gyeongnam Bank Receives 'Institutional Award' in SME Support Sector

Actively Providing SME Loans and Relational Finance
Contributing to Resolving Funding Difficulties for SMEs and Small Business Owners

On the 28th, BNK Gyeongnam Bank received the 'Institution Award' in the small and medium-sized bank group category for supporting small and medium enterprises at the '2023 Inclusive Finance Meritorious Institution and Employee Awards Ceremony.'

Executive Director Park Sang-ho of Gyeongnam Bank (right in the photo) receiving an award from Lee Joon-soo, Deputy Governor of the Financial Supervisory Service.

The Inclusive Finance Meritorious Institution and Employee Awards are honors presented by the Financial Supervisory Service to financial companies and outstanding employees who have demonstrated excellent performance in inclusive finance over the past year.

BNK Gyeongnam Bank, which received the institution award, was highly evaluated for actively providing small and medium enterprise loans, relationship-based finance, and Individual Business Loan 119, contributing to resolving funding difficulties for small and medium enterprises and small business owners.

In particular, the bank made efforts to support small and medium enterprises with excellent growth potential in the region by actively discovering and supporting them, promoting the activation of relationship-based finance, and expanding the supply of small and medium enterprise loans.

Additionally, BNK Gyeongnam Bank maintained a top position in the results of relationship-based finance in the second half of 2022 and Individual Business Loan 119 support in the first half of 2023.

Park Sang-ho, Executive Director of the Credit Sales Headquarters, stated, “The valuable achievement of receiving the institution award was possible because all employees of BNK Gyeongnam Bank united to support local small and medium enterprises and small business owners. Going forward, BNK Gyeongnam Bank will continue to strive to practice inclusive finance and win-win finance. Furthermore, as a financial institution representing Gyeongnam and Ulsan, we will do our best to become a great force in the regional economic ecosystem.”

Meanwhile, BNK Gyeongnam Bank also received the highest grade, 'Excellent Grade,' in the '2023 Financial Company Regional Reinvestment Evaluation Results' conducted last August, which evaluates local fund supply, small and medium enterprise support, loans for the underprivileged, financial infrastructure status, and regional financial support strategies.

The bank achieved the highest grade for four consecutive years in the Gyeongnam and Ulsan regions and for two consecutive years in Busan. Notably, BNK Gyeongnam Bank was the only institution to receive the highest grade for four consecutive years in the Ulsan region.

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