Establishment of Economic Research, ESG, and AX Teams... BNK Financial Group's Mid-Year Organizational Restructuring

Busan and Kyongnam Banks Expand Strategic Industry Support

Enhanced Industrial Finance and AI Initiatives in the BUK Region

BNK Financial Group has carried out a mid-year organizational restructuring focused on supporting strategic industries in the Busan-Ulsan-Gyeongnam (BUK) region and transitioning to artificial intelligence (AI)-based finance. The initiative aims to strengthen the group's regional economic response capabilities while concentrating organizational resources on securing future competitiveness in the financial sector.

On July 15, BNK Financial Group announced that it has reorganized its management strategies for the second half of the year to focus on execution and enhanced its structure to strengthen the role of regional finance.

This restructuring centers on strengthening the response to the regional economy, localizing ESG strategies, and establishing a future-oriented financial response system. The group placed particular emphasis on integrating BUK region-specific strategies into the organization and expanding financial support for key regional industries.

The holding company has established the 'BUK Economic Research Team' under the BNK Institute of Management, enhancing its capacity to analyze trends in local industry and the economy. In addition, a new 'BUK ESG Strategy Team' has been created to identify ESG projects aligned with local issues and to expand collaborative initiatives in the community.

The group also reinforced its AI and digital finance organizations. The newly established 'AX Task Force' will oversee group-wide AI transformation efforts, and through the 'Digital Asset Task Force', the group will address the evolving financial environment, including payment systems and digital assets.

Both Busan Bank and Kyongnam Bank are expanding their functions for supporting local industries. Each bank has launched an 'Industrial Finance Strategy Team' to develop support systems for regional strategic sectors, such as small modular reactors (SMR), defense, aerospace, and eco-friendly shipbuilding, tailored to the strengths of their respective regions.

Busan Bank has set up a new 'Maritime Finance Task Force' to expand ship finance and maritime infrastructure-related financial services, and has transferred its technology assessment functions to the Innovation Growth Finance Division to increase support for ventures and startups.

Kyongnam Bank has established a new 'Corporate Succession Support Team' to address the succession needs of local small and medium-sized enterprises. By offering a one-stop service that combines succession consulting and financial support, the bank aims to facilitate stable generational transitions within the region’s companies.

A BNK Financial Group representative stated, "We will continue to advance as a financial group that grows alongside the region by strengthening our research capabilities, ESG, and AI-digital response systems, and by expanding productive financial support for regional strategic industries."

BNK Financial Group.

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