BNK Busan Bank Assists Foreigners at Risk of Financial Fraud

Business Agreement Ceremony for Electric Communication Financial Fraud Prevention Support Project

Collaboration between Busan Ulsan Branch of Financial Supervisory Service and Foreigner Resident Center

BNK Busan Bank (President Bang Seongbin) is launching a financial fraud prevention initiative targeting foreigners.

On the 16th, Busan Bank held a business agreement ceremony at its headquarters with the Busan Ulsan branch of the Financial Supervisory Service and the Busan Center for Foreign Residents to support financial education for foreign residents.

The bank explained that this agreement is part of Busan Bank's inclusive finance efforts and was established to reduce the exposure of foreign residents to the risk of financial fraud.

Busan Bank and the Financial Supervisory Service plan to visit the Busan Center for Foreign Residents and conduct educational sessions on the latest financial fraud cases and safe financial transaction methods on the 19th and 26th. In particular, the training will focus on fraud techniques that foreign workers and international students are especially vulnerable to.

Kim Sanghun, Chief Customer Officer (CCO) of Busan Bank, said, "As financial fraud becomes increasingly sophisticated, the number of foreign residents in Busan falling victim continues to rise, which is why we have arranged this agreement."

He added, "Busan Bank will continue to devote efforts to financial fraud prevention education to protect the valuable financial assets of our foreign customers."

Seo Jeongbo, Head of the Busan Ulsan branch of the Financial Supervisory Service, stated, "Not only voice phishing crimes but also illegal private loans and insurance fraud are social financial crimes. Through prevention education, we aim to ensure that foreign workers and international students in the local community are not exposed to financial fraud and can establish themselves as members of a multicultural society."

On the 16th, a business agreement ceremony for the support project to prevent telecommunication financial fraud targeting foreigners was held at the BNK Busan Bank headquarters.

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