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.

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‘Web 3.0 Future of Digital Finance’ held... “Urgent response to financial digital transformation (DX) in all directions”

2024-05-30 (etnews.com)

‘Web 3.0 Future of Digital Finance’ held... “Urgent response to financial digital transformation (DX) in all directions”

Domestic and foreign digital finance experts pointed out that Korea needs to discover more opportunities and innovate regulations in the digital asset field. This is interpreted as pointing out Korea's slow introduction of systems and lack of legislation in non-fungible tokens (NFTs), central bank digital currencies (CBDCs), and security tokens (STOs).

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Busan Bank holds Financial Golden Bell for seniors

2024-01-31 (seoulfn.com)

Busan Bank holds Financial Golden Bell for seniors

[Seoul Finance (Busan) Reporter Jo Ha-yeon] BNK Busan Bank is holding a ‘Challenge!’ event with BNK Busan Bank for 900 seniors in the Busan area on the 30th and 31st. It was announced on the 31st that the 'Senior Financial Golden Bell' was held. This event was prepared to improve the senior class' understanding of digital finance and prevent financial crime damage due to the spread of digital finance. The Senior Financial Golden Bell is a program for banking, financial investment, insurance, and finance. It was conducted in six areas: information, financial fraud response, and financial consumer protection. Participants studied online for two weeks in advance and then participated in the Financial Golden Bell using Zoom, a video conferencing system. Park Doo-hee, Busan Bank Gold

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Joo Dam Dae’s 1,000 trillion won ‘Money Move’ has begun

2024-01-17 (smedaily.co.kr)

Joo Dam Dae’s 1,000 trillion won ‘Money Move’ has begun

The 'money move' trend is growing stronger in the 'home mortgage loan replacement' market, which is estimated to be worth about 1,000 trillion won. The refinance loan service, which allows users to easily transfer their mortgage at a lower interest rate online, opened on the 9th, and the application amount exceeded 1 trillion won in just four days of implementation. Internet-only banks and local banks are putting their lives on the line to secure refinance loan customers by offering low interest rates in the low 3% range per annum. Commercial banks have also jumped into the trap of attracting refinancing customers by offering events such as monthly interest support. According to the banking sector on the 17th, Daegu Bank had the lowest interest rate for home loan (mixed type) through refinance loan as of the previous day.

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Daegu Bank ranked 1st in local bank brand reputation in December... Busan and Gwangju Bank ranked 2nd and 3rd - Jose Ilbo

2023-12-08 (joseilbo.com)

Daegu Bank ranked 1st in local bank brand reputation in December... Busan and Gwangju Bank ranked 2nd and 3rd - Jose Ilbo

◆...Photo = Provided by DGB Finance Local bank brand reputation As a result of big data analysis in December 2023, Daegu Bank was ranked 1st, Busan Bank was 2nd, and Gwangju Bank was 3rd.

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[Financial IT Innovation] Busan Bank “Optimally responds to security threats from a risk management perspective”... ‘ETIR model’ attracts attention

2023-12-01 (ddaily.co.kr)

[Financial IT Innovation] Busan Bank “Optimally responds to security threats from a risk management perspective”... ‘ETIR model’ attracts attention

<Digital Daily...

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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.

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[Financial Focus] The reason why Daegu Bank is able to convert to a national bank but not No. 1 Busan Bank

2023-07-06 (chosun.com)

[Financial Focus] The reason why Daegu Bank is able to convert to a national bank but not No. 1 Busan Bank

Financial focus shifts to national banks Why Daegu Bank is working but Busan Bank is not No. 1 Among the six local banks, only Daegu and Jeju meet the requirements Capital of KRW 100 billion and governance requirements must be met Lotte for BNK Financial Group and Samyang for JB Financial Group have 4% voting rights as major shareholders Loss of control if limited to within

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38 bank officials indicted for hiring irregularities

2018-06-17 (koreatimes.co.kr)

38 bank officials indicted for hiring irregularities

Prosecutors indicted 38 senior-level officials at six banks for engaging in hiring irregularities. The Supreme Prosecutors' Office said officials from Kookmin, KEB Hana, Woori, Busan, Daegu and Kwangju banks were charged with obstruction of business.

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BNK Busan Bank received the ‘Excellent Financial Support Award for Microfinance’ hosted by the Financial Supervisory Service - Asia Economy

(asiae.co.kr)

BNK Busan Bank received the ‘Excellent Financial Support Award for Microfinance’ hosted by the Financial Supervisory Service - Asia Economy

On the afternoon of the 28th, BNK Busan Bank (CEO Bang Seong-bin) won the Excellent Institution Award in the Microfinance Support Category at the ‘2023 Excellent Institution in the Inclusive Finance Sector’ awards ceremony hosted by the Financial Supervisory Service. ‘...

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Bedaein has a long way to go, from embezzlement to bribery... will it be okay like this?

(ebn.co.kr)

Bedaein has a long way to go, from embezzlement to bribery... will it be okay like this?

Inadequate internal control of Busan and Gyeongnam Banks has emerged. Organizational reorganization and personnel changes have been carried out to prevent financial accidents. “It is important to restore the lost trust of local residents.” Following the embezzlement incident at Gyeongnam Bank, a bribery incident occurred at Busan Bank, and the management ability of the chairman of BNK Financial Group, a poor person, was weakened. There are voices of concern. There is interest in whether 'Bindae In-ho', who has had an eventful first year in office, will be able to resolve internal control issues and lead to a rebound in performance next year.

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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..

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