State-backed push gains momentum as KB and Shinhan commit new hubs

Jeonbuk State’s push to position itself as South Korea’s next financial anchor is picking up pace as major lenders move to formalize expansion plans in the southwestern region, pledging new operational bases backed by local authorities.

Earlier this week, the country’s two largest banking groups said they had selected Jeonbuk as a strategic foothold for key subsidiaries, outlining plans to open new offices and rel

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