BNK Financial Group Holds Working-Level Talks with BBVA Bank to Expand Cooperation

Reviewing Collaboration on Joint Lending and Financial Product Development
"Expanding Foreign Bank Investment in Regional Specialized Industries Such as Marine and Shipbuilding"

BNK Financial Group announced on the 10th that it held a working-level meeting with Spain's BBVA Bank to expand global financial cooperation.

BBVA is a global financial group with total assets of 777.1 billion euros (approximately 1,100 trillion won), a net profit of 8.9 billion euros, and 120,000 employees. It has established strong competitiveness in key markets such as Europe, Central and South America, and T?rkiye. This meeting was arranged as BBVA, recognizing the growth potential of the Busan-Ulsan-Gyeongnam (Bu-Ul-Gyeong) region's industries, discussed joint investment and other matters with BNK for the first time among domestic financial institutions.

During the discussions, the main focus was on joint investment and project finance cooperation to strengthen the competitiveness of the marine, shipbuilding, and shipping industries in the Bu-Ul-Gyeong region.

BBVA assessed that linking the marine city strategy and the transition to eco-friendly ships would significantly increase the inflow of overseas capital and expand global financial partnerships. BNK Financial Group plans to further discuss and gradually implement various cooperation measures that can promote foreign capital participation, leveraging its deep understanding of local industries.

BNK Financial Group announced on the 10th that it held a working-level meeting with Spain's Banco Bilbao Vizcaya Argentaria (BBVA) to expand global financial cooperation. BNK Financial Group

Additionally, various practical collaboration models were discussed, including supporting overseas investment and local expansion of Korean companies, joint loan participation, joint overseas project development, and cooperation in trade finance, foreign exchange hedging, and ESG financial products. Concrete implementation plans to connect these models to actual business were also reviewed.

The possibility of introducing a secondment program for personnel exchange was also discussed. If BNK Financial Group employees are dispatched to BBVA's key locations (such as Spain, Mexico, and Hong Kong), they will be able to gain direct practical experience in local financial market analysis, deal sourcing, and structured finance, which is expected to greatly enhance BNK's overseas financial capabilities.

A BNK Financial Group representative stated, "This meeting has clarified the direction of cooperation between the two companies," adding, "We will actively utilize BBVA's global network and expertise to systematically support local companies' overseas expansion and the development of strategic industries."