BNK Financial Group said on the 1st that it has completed forming the 50 billion won "productive finance strategy fund" and will begin full-scale investments.
The fund was prepared as a joint investment by the group to build an industrial finance ecosystem in the southeastern region and to foster regional innovative companies.
BNK Busan Bank, BNK Kyongnam Bank, BNK Capital, and BNK Venture Investment jointly contributed 100% to create a group-level investment platform. BNK Venture Investment, which has experience and expertise in regional investments, will manage the fund.
The main investment targets are innovative companies with technology and growth potential in the southeastern region's strategic industries, including shipbuilding and marine, aviation and space, energy and chemicals, and defense and mobility.
The fund will be managed to support strengthening the competitiveness of regional industries and securing future growth engines. It selected the marine industry as its first investment sector.
A BNK Financial Group official said, "We will prioritize investing in corporations among promising companies in the southeastern marine and fisheries sector that have growth potential and innovativeness, enhance the competitiveness of the regional marine industry, and continue to create successful cases of productive finance."