BNK Financial, Busan Dental Association sign financial support MOU

The Busan Metropolitan Dental Association, BNK Busan Bank and BNK Capital signed an MOU Friday at Busan Bank's headquarters to strengthen the competitiveness of the local dental care industry and promote industrial finance.

BNK Financial Group arranged the agreement to leverage the financial capabilities of BNK Busan Bank and BNK Capital in support of stable business conditions for local dentists and the broader growth of the dental care sector.

Under the MOU, BNK Busan Bank will provide financial benefits including preferential loan limits on professional business loans, preferential interest rates on professional business loans and tailored financial services for association members.

BNK Capital will offer financial support for the purchase of dental equipment and medical devices, as well as auto lease financing, to help members manage their funds smoothly. Preferential interest rates will apply to medical device leases and auto leases, and a dedicated service window for members will be set up to provide faster financial consultations and credit reviews.

The Busan Metropolitan Dental Association said it will support expanded use of financial services among its members by promoting the MOU's contents and facilitating smooth coordination between the financial institutions and members.

The agreement follows an MOU BNK Financial Group signed with the Busan Metropolitan Veterinary Association on Monday, and continues the group's push to expand its tailored financial support framework for medical professionals.

"This is part of our effort to support the stable business activities of local medical professionals and contribute to the growth of the regional healthcare industry," a BNK Financial Group official said. "BNK Busan Bank and BNK Capital will increase industry-specific financial support suited to local characteristics through inter-affiliate collaboration."