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Gadeokdo New Airport Construction Corporation Selects Bank
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Dec 20, 2024

Gadeokdo New Airport Construction Corporation Selects Bank

The Gadeokdo New Airport Construction Corporation has selected BNK Busan Bank as the preferred main bank for its financial operations. The final decision will be made by year-end after discussions on system setup and schedule.

Busan Bank will manage financial transactions for the 13.5 trillion KRW project from January 2025 to the end of 2027.

The selection process included fair evaluation based on financial soundness, fund management, and social value. Busan Bank will also explore ways to foster cooperation with the local community.

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