Busan Bank, Busan City, and Busan Global City Foundation Sign MOU to Support International Students

Strengthening Three-Party Cooperation
for Improved Living Conditions, Scholarships,
and Practical Work Experience

Busan Bank (President Bang Seongbin) signed a three-party business agreement with Busan City and the Busan Global City Foundation on December 1 at Busan City Hall to improve the living conditions for international students.

Busan Bank is signing an MOU with Busan City and Busan Global City Foundation to support international students. Photo by Busan Bank

This agreement was established to support the stable settlement of international students in the Busan area and to address local community challenges such as population decline and the outflow of young people.

Busan City will provide policy support and administrative cooperation, and will facilitate the implementation of the agreement by leveraging its network with local universities and international student support centers.

Busan Bank will designate branches near 16 local universities as "dedicated branches for international students," supporting account openings and financial consultations during the initial settlement stage.

In addition, Busan Bank will provide scholarships to the Busan Global City Foundation and operate the "BNK International Student Supporters" program to offer international students practical work experience opportunities.

The Busan Global City Foundation will use the donated scholarships to select scholarship recipients, revitalize student communities, and organize cultural exchange events by country, thereby supporting international students' adaptation to the local community.

Bang Seongbin, President of Busan Bank, stated, "Through this agreement, I hope Busan will become a city where international students want to live," adding, "We will continue to expand practical financial support and educational programs for international students in the future."

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