Nonghyup Bank: "Comprehensive Support for Companies in the Busan-Jinhae Free Economic Zone"

[Financial News] Nonghyup Bank is expanding financial support for companies and workers in the Busan-Jinhae Free Economic Zone.
According to sources in the financial sector on the 23rd, Nonghyup Bank signed a memorandum of understanding with the Busan-Jinhae Free Economic Zone Authority on the 22nd to provide comprehensive financial services to companies located in the Busan-Jinhae Free Economic Zone (BJFEZ).
The agreement was established to support the stable management and growth of companies in the Busan-Jinhae Free Economic Zone. The two organizations also plan to cooperate on building the BJ-INVESTIA investment support platform.
Under the agreement, Nonghyup Bank will provide companies in the zone with comprehensive corporate financial services, including corporate loans and foreign exchange services. It will also offer financial services, such as foreign exchange products and loans, to employees of those companies.
The two organizations will also share information related to companies eligible for support and continue cooperating on the promotion of financial services.
Eom Eul-yong, executive vice president of Nonghyup Bank’s Corporate Banking Division, said, "We will support companies in the Busan-Jinhae Free Economic Zone so they can access the financial services they need in a timely manner and ensure that both companies and their employees achieve stable growth." He added, "We will continue to strengthen the role of finance in revitalizing the local economy and building a sustainable ecosystem."

[email protected] Seo Ji-yoon Reporter