BNK Kyongnam Bank is joining hands with Hanwha Momentum to foster the regional secondary battery industry. The plan is to strengthen the advanced industry ecosystem by providing customized financial support to the secondary battery sector, seen as a core of the future energy industry.
BNK Kyongnam Bank signed a "Financial Support Business Agreement for the Development of the Advanced Strategic Secondary Battery Industry" at Hanwha Momentum's headquarters in Seongsan-gu, Changwon, on Wednesday. Kim Tae-han, president of BNK Kyongnam Bank, and Hong Soon-jae, CEO of Hanwha Momentum, attended the signing ceremony.
The two organizations agreed to provide corporate-tailored financial solutions, including general loans and foreign exchange packages, based on actual funding demand. They also agreed to cooperate on measures to provide financial services and benefits to Hanwha Momentum's executives and employees.
"This agreement is meaningful in that it links finance and industrial technology to enhance the competitiveness of the secondary battery industry ecosystem and strengthen the growth base of regional industry," Kim said. "Going forward, we will actively pursue financial support and various cooperative projects so that regional companies can secure future industrial competitiveness."
Ahead of the signing ceremony, Kim toured Hanwha Momentum's history hall and technology hall and discussed corporate growth and regional development plans with officials.
Hanwha Momentum is a Hanwha Group company specializing in advanced manufacturing equipment and automation solutions.
