On the 14th, BNK Financial Group launched the "Productive Finance Council" in line with the government's productive finance policy and expressed its commitment to strengthening the role of regional finance to expand productive finance in the Busan, Ulsan, and Gyeongnam areas. Provided by BNK Financial Group
BNK Financial Group announced on the 14th that it has launched the Productive Finance Council.
The council will serve as the group's control tower for productive finance. BNK Financial Group plans to provide a total of 21 trillion won in funds next year, including 20 trillion won for productive finance aimed at balanced regional growth, and 1 trillion won for inclusive finance to address community issues and support vulnerable groups.
In the field of productive finance, the group will focus on turning the crisis of regional extinction into an opportunity by establishing the Southeast Investment Corporation, facilitating the relocation of the Ministry of Oceans and Fisheries, and collaborating with public enterprises headquartered in the region. In addition, to ensure that the National Growth Fund is supplied where it is most needed, BNK Financial Group will work with the Southeast Investment Corporation to identify investment opportunities and provide investment and financial support, utilizing artificial intelligence (AI) and data analysis.
To enable the swift implementation of productive finance, the group will introduce an investment productivity index at the investment finance review stage. It will expand investments in projects with a high economic ripple effect on the local community, and AI will be used throughout the entire process, from identifying investment opportunities and conducting reviews to post-investment management. Two of the group's banking subsidiaries will increase funding for regionally specialized industries and advanced strategic industries.
Furthermore, BNK Financial Group will pursue a major transformation in inclusive finance. Moving beyond simply supplying financial services to low-income individuals, the group will use AI and data analysis to identify and support local young entrepreneurs, financially vulnerable groups, and those in need of inclusive finance, in order to address structural social issues.
A BNK Financial Group representative stated, "We will leverage BNK's strengths in regional finance to establish a differentiated and successful model of productive finance," adding, "Through these efforts, the group will make every effort to ensure that the Busan, Ulsan, and Gyeongnam regions become the focal point of balanced regional development."
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