BFC sets and implements strategies to develop Busan into an international financial city, by fostering Busan as the financial hub and promoting the financial industry.

The Busan Finance Center (BFC) was established as an incorporated association through concerted efforts of the city of Busan and seven local financial institutions and companies as founding sponsors. The main mission of BFC is to promote Busan as the financial hub and bolster the financial industry in Busan, by developing and implementing strategies to foster Busan into an international financial city and conducting mid-to-long term finance-related surveys and research.

To promote Busan as the financial hub, BFC works to promote relevant policies, attract financial institutions, create a financial ecosystem, conduct research and study into Busan’s development model as the financial hub, and facilitate internal and external cooperation.