South Korea's Major Banks Expand Regional Corporate Financing as Mega-Projects Materialize

According to Yonhapinfomax, as of July 8, South Korea's major banks are significantly strengthening regional corporate financing in response to the government's 1.6 quadrillion won mega-project initiative. The mega-projects, centered on semiconductor, artificial intelligence, and energy industries across three regions, are expected to generate substantial financing demand from supplier companies and mid-sized enterprises.

Woori Bank's Biz Prime Centers handled 1.34 trillion won in corporate credit across 13 locations in the first half of 2026, up 9.93% year-over-year, managing 362 client companies. Shinhan Bank added two new SOL Cluster hubs in Gwangju and Busan on July 1, targeting AI, semiconductor, energy, and maritime industries respectively.