BNK Financial Strives to Revitalize the Local Economy

Chairman Kim Ji-wan and Executives Hold Luncheon Meeting at Nampo-dong Hoe Center

On the morning of the 17th, as part of a campaign to revitalize traditional markets, (from the second left) CEO Lee Doo-ho of BNK Capital, Chairman Kim Ji-wan of BNK Financial Group, President Bin Dae-in of BNK Busan Bank, and CEO Sung Myung-hwan of BNK Savings Bank visited Busan Jagalchi Market and spoke with merchants. Photo by BNK Financial Group

[Asia Economy Reporter Kim Min-young] BNK Financial Group is making every effort to revive the local economy frozen by the spread of the novel coronavirus infection (COVID-19).

On the 17th, according to BNK Financial, Kim Ji-wan, Chairman of BNK Financial, along with group executives including Bin Dae-in, President of Busan Bank, Lee Doo-ho, CEO of BNK Capital, and Sung Myung-hwan, CEO of BNK Savings Bank, held a luncheon meeting at a fish market near Jagalchi Market in Nampo-dong, Jung-gu, Busan. This was to contribute even a little to the frozen local economy.

Earlier, BNK Financial executives purchased goods from about 200 stores including Jagalchi Market, Shindonga Shopping Center, and Nampo-dong dried seafood wholesale market, and about 60 employees conducted a campaign at Jagalchi Market to revitalize traditional markets.

The traditional market goods purchased on-site that day, such as dried seafood, will be delivered to vulnerable groups in the region.

In addition, BNK Financial visited the Busan Fishery Processing Cooperative on the same day to deliver 1,000 quarantine masks and urged merchants to take care of their health.

Busan Bank prepared 200 million won worth of traditional market usage support funds and launched efforts to revive the local economy. This money is allocated to all branches in the Busan area, where regional headquarters heads and branch managers directly purchase goods from local traditional markets to use as customer appreciation gifts.

Chairman Kim said, “It is very regrettable that the shoulders of local small business owners seem to be deeply hunched due to an unprecedented crisis,” and added, “BNK Financial will actively support by devising all possible measures to help traditional markets and revitalize the local economy.”