BNK Gyeongnam Bank Fully Launches "Regional Productive Finance" Program with 2.2 Trillion Won Investment

Comprehensive support for future growth and innovative companies, key regional industries,
and local small businesses and SMEs

BNK Gyeongnam Bank is making an all-out effort to support the government's expansion of "productive finance" and is moving forward as a bank that designs regional growth.

BNK Gyeongnam Bank announced on February 3 that it will fully implement a total of 2.2 trillion won in "regional productive finance."

BNK Gyeongnam Bank Head Office.

BNK Gyeongnam Bank is providing comprehensive support for future growth and innovative companies, key regional industries, and small businesses and small and medium-sized enterprises, with the aim of expanding "regional productive finance," a strategic financial model designed to strengthen the structural competitiveness of local industries and build a foundation for sustainable growth.

First, it will provide 300 billion won in strategic financial support through the "BNK Busan-Ulsan-Gyeongnam Future Growth Innovation Loan."

It will offer tailored financing at each stage of corporate growth, including facility investment, trade finance for imports and exports, overseas expansion, and shared growth with partner companies, targeting regional leading companies and firms that have relocated to provincial areas. For the 11 cutting-edge strategic industries, such as artificial intelligence, semiconductors, secondary batteries, robots, aerospace, and defense, it will apply additional preferential interest rates to ease financial burdens.

In addition, a total of 800 billion won in financial support is planned for regionally specialized industries that serve as core growth engines in the Busan-Ulsan-Gyeongnam area, including marine, shipbuilding, defense, logistics, and aerospace. In particular, the bank plans to support the move toward higher added value and stronger global competitiveness in these key regional industries through medium- to long-term financing tailored to industry characteristics and business cycles.

On top of this, it plans to play a ladder role in driving the growth and development of startups, venture companies, and early-stage businesses by offering special guaranteed loan products in connection with the Korea Credit Guarantee Fund and the Korea Technology Finance Corporation.

For local small businesses and small and medium-sized enterprises struggling due to the economic slowdown, 270 billion won in policy and linked funds will be supplied.

BNK Gyeongnam Bank will strengthen cooperation with regional credit guarantee foundations to expand guaranteed loans and enhance financial accessibility for borrowers with insufficient collateral and low credit ratings by offering preferential interest rates and guarantee fees.

In addition, to help ease liquidity pressures on local SMEs and revitalize the regional economy, the bank has been offering a "Lunar New Year Special Loan" totaling 800 billion won from January 19 to March 19.

In particular, the Lunar New Year Special Loan is being promoted by the two core banks of BNK Financial Group with a combined scale of 1.6 trillion won, and is expected to provide substantial help to local SMEs and small businesses facing increased funding needs ahead of the holiday season.

Through regional productive finance, BNK Gyeongnam Bank is actively working to establish a virtuous cycle in the regional economy, in which investment, employment, and industry reinforce one another as sources of competitiveness, and to redefine the role of finance around the real economy.

Executive Director Kim Kibum of the Corporate Client Group said, "BNK Gyeongnam Bank is focusing its capabilities on providing on-site, corporate-centered financial support and tailored solutions so that investment and growth by local companies can directly translate into employment and industrial competitiveness. We will continue to advance 'regional productive finance,' a sustainable productive finance model that enhances the industrial competitiveness of the Busan-Ulsan-Gyeongnam region."

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