"Protecting Market Merchants"... BNK Busan Bank Visits 500 Stores to Stamp Out Voice Phishing

Financial institutions in the Busan area made efforts to prevent financial fraud by visiting each of the 500 stores one by one.

BNK Busan Bank (headed by President Kim Sungju), the Busan-Ulsan Branch of the Financial Supervisory Service, and the Busan Comprehensive Support Center for People's Finance took the initiative to prevent financial fraud among merchants at the Busan Free Wholesale Market.

Financial institution officials, including those from BNK Busan Bank, visited the Busan Free Wholesale Market on the 3rd to conduct activities informing merchants about financial fraud prevention.

Busan Bank announced on the 4th that it had visited around 500 stores in the market on the 3rd after signing a “Janggeumi Partnership” work agreement with the market development association.

Participants provided merchants with information on major types of financial fraud such as voice phishing, as well as guidance on prevention methods. They also introduced support programs such as policy-based microfinance and debt adjustment.

The "Janggeumi Partnership" is a program in which financial institutions cooperate with traditional markets to prevent merchants from becoming victims of financial fraud.

Busan Bank plans to continue its efforts in financial fraud prevention, management consulting, and financial support for small business owners.

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