BNK Gyeongnam Bank Secures Unchallenged No.1 Spot for 5 Consecutive Years as 'Best' in Gyeongnam and Ulsan Regions

Recognized in the '2024 Regional Reinvestment Assessment for Financial Companies', Achieving Top Overall Rating for Four Consecutive Years

BNK Gyeongnam Bank announced on the 29th that it received the highest rating, "Best Grade," in the "2024 Regional Reinvestment Evaluation for Financial Companies."

BNK Gyeongnam Bank Headquarters.

At the "Regional Reinvestment Evaluation Committee" held by the Financial Services Commission on the 28th, BNK Gyeongnam Bank received high scores in various categories such as local capital supply, support for small and medium-sized enterprises, support for loans to low-income individuals, financial infrastructure status, and regional financial support strategies, achieving the best overall grade for the fourth consecutive year.

In particular, the bank maintained its undisputed top position as the leading financial institution in the region by receiving the top grade for five consecutive years in Gyeongnam and Ulsan.

BNK Gyeongnam Bank was also the only financial company to receive the top grade for five consecutive years in the Ulsan region.

Since the inauguration of President Ye Kyungtak last year, BNK Gyeongnam Bank has adopted the management slogan "A Major Force in the Regional Economic Ecosystem!" with the meaning of "contributing to the region and providing even more to customers, becoming a major driving force for the regional economy," and has made various efforts to achieve this.

To promote mutual growth with the local community, the bank has been implementing customer-centered win-win finance with customers, engaging in regionally-focused social contribution activities for co-growth, advancing ESG management to realize social value, and operating branches and automated devices to provide a smooth financial environment for local residents.

Additionally, the bank has been promoting participatory cooperative projects for financial support with local governments and public institutions, investments in regional companies, special programs for local residents, and the establishment of a regional startup ecosystem.

Notably, participatory cooperative projects for financial support include the "Special Financial Support Agreement for the Promotion of the Gyeongnam Nuclear Industry" with Gyeongsangnam-do, the Gyeongnam Regional Office of SMEs and Startups, and the Ministry of Trade, Industry and Energy; the "Joint Project Support Agreement for the Promotion of Local SMEs"; and the "Financial Support Agreement for the Promotion of the Defense Industry and Export Vitalization of Defense Companies."

In addition, the bank has implemented various support measures such as providing management stabilization funds, extending loan maturities, and deferring principal and interest repayments to help small and micro businesses affected by COVID-19.

Ye Kyungtak, President of Gyeongnam Bank, said, "I am pleased that BNK Gyeongnam Bank's genuine commitment to the region has been positively recognized. Since the first year the evaluation results were announced, BNK Gyeongnam Bank has received the top grade in Gyeongnam and Ulsan for five consecutive years."

He added, "As shown in the evaluation results, BNK Gyeongnam Bank has proven itself as the leading financial institution representing Gyeongnam and Ulsan and as an outstanding bank dedicated to the growth of the regional economy. We will continue to do our utmost to support the revitalization of the local economy and ensure that local residents can live happy and fulfilling lives."

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