The Busan Bank Co., Ltd.
Location
Busan
Founded
1967-11-29
Website
Risk Signals
1340 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.
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Recent Articles about The Busan Bank Co., Ltd.
Live alerts from global media, monitored by Business Radar
2024-08-22 (civilreporter.co.kr)
Dong-gu BNK Busan Bank held volunteer activities in cooperation with Dong-gu local volunteer group to celebrate “Local Volunteer Day”
On the 17th, Busan Metropolitan City's Dong-gu Volunteer Center announced that it made vegan sandwiches with the Dong-gu local volunteer group and delivered them to the residents of the village in commemoration of BNK Busan Bank's 'Local Volunteer Day'. On this day, Busan Bank's Dong-gu region volunteer group learned about the value of vegetarianism, one of the carbon neutral practice measures, as part of climate crisis education and started vegan sand.
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2024-07-20 (ebn.co.kr)
The battle to attract Busan’s city treasury has just begun… Will Busan Bank protect its stronghold in the Whale war?
Kookmin Bank makes a strong effort to attract Busan City's No. 1 and No. 2 safes at the same time “If they push in with their financial power, there is no way to stop them.” As commercial banks prepare to scramble for Busan's city safes worth 15 trillion won per year, Busan Bank, which has maintained No. 1 safe deposit box for 24 years, is in crisis. As commercial banks pour in contributions based on their overwhelming financial power, the industry is paying attention to the actions of Busan Bank, which has maintained its stronghold for 24 years. According to the financial industry on the 19th,
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2024-04-01 (sisajournal.com)
‘Relocation to Busan’ public institutions ignore local banks… “Fund deposit rate of 6%, only 2 main banks”
There was an opinion that the ratio of local bank deposits of public institutions relocating to Busan should be increased. The purpose is to revitalize local banks, which are in crisis due to declining birth rates, etc., and lead them to economic revitalization. On the 11th, the Busan Economic Coalition raised its voice, saying, “Policy support is needed for this.” In order to compete with commercial banks with large funding capacity, various support measures such as ‘applying incentives when evaluating the management of public institutions’ must be considered. According to data from the Busan Economic Coalition and Representative Yoon Young-deok's office, as of 2022, among the 13 public institutions relocating to Busan, only two institutions chose Busan Bank as their first-choice bank.
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