Busan Bank Takes Initiative to Revitalize Senior Industry... Roles Including Loan Support

Supply of Essential Facilities and Exclusive Financial Services for Residents
Support for Senior Housing Loans, and More

BNK Busan Bank announced on the 24th that it has signed a business agreement to revitalize the senior business with global asset management company Invesco, senior total care company Caredoc, and real estate asset management company HHR Asset Management.

Attending the agreement ceremony were Busan Bank President Bang Seong-bin, Invesco Korea CEO Lee Gyu-young, Caredoc CEO Park Jae-byeong, HHR Asset Management CEO Park Sang-jeong, and other officials. Through this collaboration, the four organizations plan to establish a premium senior housing model and financial support system optimized for domestic nursing and caregiving demand.

In particular, they will supply about 50 essential facilities for the super-aged society, such as nursing homes, elder care facilities, and silver towns, in the metropolitan area, and about 200 in other regions including Busan. Busan Bank will take on roles such as providing exclusive financial services for facility residents and supporting senior housing loans.

Bang Seong-bin, President of Busan Bank, said, “I hope this agreement will serve as a foothold for domestic senior finance to take a step forward,” and added, “We will continue to make meticulous efforts to provide better financial services to elderly customers.”

On the afternoon of the 24th, BNK Busan Bank signed a business agreement with companies to promote the 'Senior Business Activation' at the Busan Bank headquarters. From the right in the photo: Jae-byeong Park, CEO of CareDoc; Seong-bin Bang, President of BNK Busan Bank; Kyu-young Lee, CEO of Invesco Korea; Sang-jung Park, CEO of HHR Asset Management. Photo by BNK Busan Bank

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