BNK Busan Bank Signs Business Agreement to Support Export Promotion for Local Companies

Head Office to Hold Signing Ceremony with Korea Trade-Investment Promotion Agency and Busan Trade Insurance Corporation on 28th

BNK Busan Bank (President Bang Seongbin) signed a "Business Agreement to Support Export Vitalization of Small and Medium-Sized Enterprises in the Busan Area" together with the Busan Office of the Korea Trade-Investment Promotion Agency (KOTRA) and the Busan Regional Headquarters of the Korea Trade Insurance Corporation at its headquarters on the afternoon of the 28th.

BNK Busan Bank signed a business agreement to support the activation of exports for local companies on the 28th.

This agreement ceremony was organized to strengthen exchanges and cooperation for the activation of exports by local companies based on mutual trust among the participating organizations, and to continuously develop these efforts. As a result, each institution plans to gradually expand its support services for export companies in the Busan area in the future.

The three organizations jointly hosted a "Busan Companies Overseas Expansion Support Project Briefing Session" on July 19, introducing various overseas expansion support projects and financial benefits.

They reached a consensus on the fact that many local companies are struggling with overseas expansion due to a lack of experience and information, which led to the signing of this business agreement.

Son Daejin, Head of Customer Planning Division at Busan Bank, said, "Due to the concentration of future growth industries in the Seoul metropolitan area and changes in domestic and international industrial structures, Busan's share of national exports has been continuously declining. Until Busan regains its former reputation as a forward base for exports, the three institutions will work closely together to do our utmost in preparing export support measures for local companies."

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