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[48400] 52F Busan Finance Center, BIFC 40, Munhyeongeumyung-ro, Nam-gu, Busan, Korea. TEL.+82 51-631-0294 / FAX.+82 51-631-0298
[48400] 52F Busan Finance Center, BIFC 40, Munhyeongeumyung-ro, Nam-gu, Busan, Korea. TEL.+82 51-631-0294 / FAX.+82 51-631-0298
KRW 2.64trillion
KRW 3.38trillion
KRW 3.40trillion
KRW 4.01trillion
KRW 5.58trillion
KRW 50.26trillion
KRW 89.61trillion
KRW 155.88trillion
The nation’s leading marine finance-related entities such as the Marine Finance Center (MFC), KAMCO Ship Investment Management, Korea Marine Finance Corporation (KOMARF) and Korea Ship Finance (KSF) where the maritime departments from KDB Bank, the Export-Import Bank of Korea and Korea Trade Insurance Corporation are stationed are clustered around the BIFC and support shipbuilding and shipping industries.
10
9
5
1
5
Nearly 3,800 workers from a total of 29 institutions stationed in the BIFC zone as of December 2018
| 10 Public Financial Agencies | 9 Private Financial Institutions | 5 Finance-related Institutions |
|---|---|---|
| Korea Credit Guarantee Fund Korea Technology Finance Corporation (KIBO) The Export-Import Bank of Korea KDB Bank Korea Trade Insurance Corporation Korea Housing & Urban Guarantee Corporation (HUG) The Bank of Korea Busan Branch Korea Securities Depository (KSD) Korea Asset Management Corporation (KAMCO) Korea Housing-Finance Corporation (HF) |
BNK Busan Bank SHINHAN Bank KB Kookmin Bank WOORI Bank NH Bank NongHyup Life Insurance KAMCO Ship Investment Management Korea Ship Finance (KSF) Korea Marine Finance Corporation (KOMARF) |
Korea Exchange |
| Busan International Banking Institute | ||
| Korea Financial Investment Association Busan Branch | ||
| Busan Finance Center | ||
| Korea Securities Finance Corporation | ||
| International organization (1) | ||
| Financial Act Task Force Training and Research Institute (FATF TREIN) | ||
| Others (5) | ||
| Global FinTech Industry Promotion Center | ||
| KOSCOM Busan Center | ||
| Korea Southern Power CO., LTD. | ||
| Qingdao International Trade CO., LTD. | ||
| Busan Finance Center AMC CO., LTD. |
With a goal of building a global financial hub, the Busan metropolitan government offers differentiated benefits such as tax deduction and subsidy to financial institutions which are moving to and being established in Busan.
| Country | 2015 | 2016 | 2017 |
|---|---|---|---|
| Australia | 30.0 | 30.0 | 30.0 |
| Canada | 26.3 | 26.3 | 26.7 |
| France | 34.4 | 34.4 | 34.43 |
| Germany | 30.2 | 30.2 | 30.18 |
| Italy | 27.5 | 27.5 | 27.81 |
| Japan | 32.1 | 32.1 | 29.97 |
| Republic of Korea | 24.2 | 24.2 | 24.2 |
| Luxemburg | 29.2 | 29.2 | 27.08 |
| Mexico | 30.0 | 30.0 | 30.0 |
| U.K. | 20.0 | 20.0 | 19.0 |
| U.S. | 39.0 | 39.0 | 38.91 |
A competitive office rent, compared to the world’s renowned cities
Unit: US$ / s.f. / year
Source: The JLL Global Premium Office Rent Tracker Q4 2016, estimated by the BIFC