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Agreement Signed by Busan Metropolitan City, BNK Busan Bank, and Busan Global City Foundation to Improve Living Conditions for International Students

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Busan Metropolitan City Mayor Park Heong-joon announced today that the city will sign an agreement with BNK Busan Bank and the Busan Global City Foundation to improve living conditions for international students. The signing ceremony will be held at 15:30 in the International Protocol Room of City Hall.

This agreement was jointly initiated by the three institutions with the goal of improving financial services, offering scholarship support, and revitalizing community programs for international students residing in Busan, ultimately enhancing their practical living environment.

The ceremony will be attended by Vice Mayor for Administrative Affairs Lee Jun-seung, BNK Busan Bank President Bang Seong-bin, and Busan Global City Foundation CEO Jeon Yong-woo.

The agreement outlines BNK Busan Bank’s operation of 16 dedicated service branches for international students and the provision of expedited account-opening services. The Busan Global City Foundation will select outstanding international student scholarship recipients and provide living support. Busan Metropolitan City will offer administrative support by leveraging its cooperation network with related organizations.

BNK Busan Bank will operate 16 dedicated service branches for international students and will provide swift financial support services, enabling students to open an account immediately upon arrival using only their passport. The bank will also select members for a student supporter group, offering opportunities for job experience, and will expand financial education and fraud-prevention programs to help students adapt during their early stay.

The Busan Global City Foundation will utilize the bank’s contributions to select outstanding international student scholarship recipients and operate community programs and various support events to assist students with daily living and local engagement.

Busan Metropolitan City will support smooth implementation of the agreement projects by utilizing its cooperation network with related institutions, such as local universities and foreigner support centers.

The city plans to continue expanding support for international students’ daily-life stability and adaptation, elevating Busan’s status as a student-friendly city.

Vice Mayor for Administrative Affairs Lee Jun-seung stated, “This agreement marks an important starting point for strengthening the residential foundation by improving areas of inconvenience that international students experience in their daily lives. For Busan to advance as a global education hub, enhancing the student support system is essential. We will continue to work closely with related institutions to create an environment where international students can learn, live, and grow in Busan.”