The Busan Bank Co., Ltd.

Location

Busan

Founded

1967-11-29

Risk Signals

263 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Commercial Banks, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about The Busan Bank Co., Ltd.

Live alerts from global media, monitored by Business Radar

17 companies, including Pyeonghwa Industry and Mecobi, are reorganizing new industries with government support

2024-09-30 (edaily.co.kr)

17 companies, including Pyeonghwa Industry and Mecobi, are reorganizing new industries with government support

17 companies, including Pyeonghwa Industry (090080) and Mekobi, are pursuing reorganization into a new industry under government support. On the 6th, the 'Southeast Area Business Reorganization Site', Korea's first regional business reorganization field support center, was held at the Busan Bank headquarters in Munhyeon Financial Complex in Busan. Key attendees are taking a commemorative photo at the opening ceremony of the ‘Support Center’. (Left...

Read more
BNK Financial Group, net profit of 630.3 billion won in 2023

2024-02-05 (kbanker.co.kr)

BNK Financial Group, net profit of 630.3 billion won in 2023

BNK Financial Group (Chairman Bin Dae-in) announced on the 5th through its performance disclosure that the group's consolidated net profit (controlling company's share) in 2023 recorded KRW 630.3 billion (△KRW 143.9 billion compared to the previous year). The banking sector is working to expand loss absorption capacity. Due to the preemptive accumulation of large provisions and an increase in costs related to win-win financing, the net profit for the period was KRW 626.7 billion, a decrease of KRW 72.2 billion (Busan Bank △ KRW 76.7 billion, Kyongnam Bank + KRW 4.5 billion) compared to the previous year. The non-banking sector recorded a net profit of KRW 626.7 billion despite an increase in securities-related profits. , net profit for the period was KRW 143 billion, down KRW 74.3 billion from the previous year due to a decrease in commission profits and an increase in provisions for non-performing assets. Capital (△59.2 billion won

Read more
BNK Busan Bank and Gyeongnam Bank refund KRW 83.2 billion in interest to 110,000 small business owners and self-employed people

2024-02-01 (fnnews.com)

BNK Busan Bank and Gyeongnam Bank refund KRW 83.2 billion in interest to 110,000 small business owners and self-employed people

[Financial News] In order to implement the financial support program for people in the banking sector jointly announced by BNK Financial Group's Busan Bank and Gyeongnam Bank, about 108,000 small business owners, including 64,000 from Busan Bank and 44,000 from Gyeongnam Bank, have been working since February. It was announced on the 1st that interest refunds worth 83.2 billion won will be provided to self-employed people. First, in early February, personal business loans...

Read more
BNK Busan Bank recruits the 9th class of startup development program ‘Some Incubator’

2023-12-02 (greenpostkorea.co.kr)

BNK Busan Bank recruits the 9th class of startup development program ‘Some Incubator’

BNK Busan Bank announced on the 26th that it is recruiting the 9th class of the 'Start-Up Matching Incubator', a local startup development program. Busan Bank's Thumb Incubator is a startup nurturing platform that opened in July 2019 and provides support for startups in the region. We help build and grow successful business models. A total of 90 companies have completed the 1st to 7th stages of the Some Incubator, and 13 companies selected for the 8th stage are currently receiving support. Recruitment targets are companies within 7 years of establishment as of the closing date of the recruitment announcement, and applications are possible without industry restrictions. do. Applications will be accepted until the 19th of next month. Document screening

Read more
Busan Bank recruits companies to participate in startup development program

2023-12-02 (seoulfn.com)

Busan Bank recruits companies to participate in startup development program

[Seoul Finance (Busan) Reporter Jo Ha-yeon] BNK Busan Bank announced on the 26th that it will recruit the 9th class of 'Some Incubator (Start-Up Matching Incubator)', a local startup development program. Busan Bank's 'Some Incubator' opened in July 2019. This is a start-up nurturing platform that has been opened to help local start-ups build successful business models and grow. A total of 90 companies have completed the 1st to 7th stages of the 'Some Incubator', and 13 companies selected for the 8th stage are currently receiving support. Recruitment targets are companies within 7 years of establishment as of the closing date of the recruitment notice, with no industry restrictions. You can apply

Read more
On-site sales system... Busan Bank, ‘NEW-B’ renewal - Asia Economy

2023-11-13 (asiae.co.kr)

On-site sales system... Busan Bank, ‘NEW-B’ renewal - Asia Economy

Busan Bank is actively working to strengthen customer-centered digital financial services. BNK Busan Bank's external sales (ODS) system 'NE...

Read more
KAMCO cooperates with DGB Daegu Bank to improve public convenience

2023-11-01 (nocutnews.co.kr)

KAMCO cooperates with DGB Daegu Bank to improve public convenience

KAMCO (Korea Asset Management Corporation) signed a 'business agreement to promote public convenience and support win-win finance' with DGB Daegu Bank at the DGB Daegu Bank headquarters in Suseong-gu, Daegu on the 14th. This business agreement is signed between DGB and DGB to provide win-win financial support for the Camco business sector.

Read more
Busan Bank's net profit increased by 3% in the second quarter... Gyeongnam Bank increased by 6.3%

2023-07-26 (sbs.co.kr)

Busan Bank's net profit increased by 3% in the second quarter... Gyeongnam Bank increased by 6.3%

Busan Bank, a major subsidiary of BNK Financial Group, announced today (26th) that its net profit for the second quarter of this year (hereinafter based on shares owned by the parent company) recorded KRW 120.889 billion, a 3% increase from the second quarter of last year. As of the first half of the year, Busan Bank's operating profit in the second quarter was KRW 151.628 billion, a 0.6% decrease from a year ago...

Read more
BNK Financial Group holds ‘Digital Innovation Committee’

2023-05-18 (kbanker.co.kr)

BNK Financial Group holds ‘Digital Innovation Committee’

BNK Financial Group (Chairman Dae-in Bin) plans to △ clarify the group's digital direction △ improve the speed of innovation △ secure a differentiated business model through the Digital Innovation Committee held at the Busan Bank headquarters on the 18th. The Digital Innovation Committee includes the group chairman and It is a group meeting body where all executives in charge attend to discuss the group's major digital strategies and support implementation, presenting a common digital vision and direction for all affiliates. On this day, the Digital Innovation Committee discussed △sharing the group's digital vision △making work more efficient based on digital management. △BNK digital differentiation strategy △Discovery of the group’s future business and external collaboration were discussed. BNK Financial Relations

Read more
Business agreement to revitalize non-face-to-face partnership business with Busan Bank and CJ CGV

2021-04-09 (hankyung.com)

Business agreement to revitalize non-face-to-face partnership business with Busan Bank and CJ CGV

Busan Bank and CJ CGV signed a business agreement to revitalize non-face-to-face partnership business, reporter Kim Tae-hyun, host

Read more
Busan Bank, the first in the financial sector to build an overall cloud system with domestic products

2019-10-01 (etnews.com)

Busan Bank, the first in the financial sector to build an overall cloud system with domestic products

BNK Busan Bank is joining hands with a domestic company to build an overall cloud infrastructure from infrastructure to platform. In the mid- to long-term, internalize cloud-related technologies and contribute to the development of the financial cloud industry. On the 10th, Busan Bank announced that last month’s local cloud...

Read more
BNK Financial Group reorganizes its organization, reshuffles executives, and establishes an ethical management department.

(sarangbang.com)

BNK Financial Group reorganizes its organization, reshuffles executives, and establishes an ethical management department.

[Busan = Newsis] BNK Busan Bank Headquarters in Munhyeon-dong, Nam-gu, Busan. [Busan = Newsis] Reporter Ha Kyung-min = BNK Financial Group focuses on internal stability due to continued uncertainty in the financial environment..

Read more

Never miss a headline about The Busan Bank Co., Ltd.

Set up smart alerts with Business Radar and receive real-time updates on any new risk signal or major news story.

  • ✔️ Used by 100+ compliance teams and analysts
  • ✔️ Covers 154M+ sources in 40+ languages