BNK Busan Bank Signs 'Mutual Growth and Win-Win Finance' Business Agreement with SB Sunbo

Agreement Ceremony Held at Busan Bank Headquarters on the 11th
Strengthening Financial Support for Shipbuilding Equipment Companies
Expanding Financial Support for Partner Companies
Providing Customized Services for Employees
Enhancing Regional Industrial Competitiveness

BNK Busan Bank (President Sungbin Bang) signed a 'Mutual Growth and Win-Win Finance Business Agreement' with the local outstanding shipbuilding equipment company SB Sunbo (CEO Geumsik Choi) on the morning of the 11th in the main conference room on the 18th floor of its headquarters.

On the 11th, BNK Busan Bank signed a 'Mutual Growth and Win-Win Finance Business Agreement' with the local outstanding shipbuilding equipment company SB Sunbo at its headquarters (from the third on the right, Bang Seongbin, President of BNK Busan Bank, and Choi Geumsik, Chairman of SB Sunbo). Provided by BNK Busan Bank

On the 11th, BNK Busan Bank signed a 'Mutual Growth and Win-Win Finance Business Agreement' with the local outstanding shipbuilding equipment company SB Sunbo at its headquarters (from the third on the right, Bang Seongbin, President of BNK Busan Bank, and Choi Geumsik, Chairman of SB Sunbo). Provided by BNK Busan Bank

원본보기 아이콘

Through this agreement, Busan Bank will provide SB Sunbo and its partner companies with specialized credit products for partner companies and early settlement of accounts receivable (factoring) to support smooth financial operations.


Additionally, the bank will enhance customized financial benefits for SB Sunbo employees, including preferential interest rates on payroll accounts, preferential loans for employees, and preferential foreign exchange remittance and currency exchange services for foreign workers.


Furthermore, Busan Bank plans to cooperate in preventing industrial accidents and raising safety awareness by supporting SB Sunbo's safety and health evaluations and consulting in partnership with credit rating agencies. SB Sunbo will provide on-site industrial training for Busan Bank employees, allowing financial sector staff to directly experience the shipbuilding equipment industry, and will actively seek to expand transactions with Busan Bank.


BNK Busan Bank President Sungbin Bang stated, "Through this agreement, we will strengthen financial support so that local shipbuilding equipment companies and their partners can operate their businesses with confidence, while also enhancing employee convenience and industrial safety standards. As the region's leading financial institution, Busan Bank will actively support the competitiveness and mutual growth of the shipbuilding industry."

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.