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Busan Finance Center

Sixty-Three Floor Finance Center Opens in Busan

The 63-story Busan International Finance Center is completed and open for business as Busan moves to position itself as a key financial center in East Asia.

Already home to the world’s 8th tallest apartment building, Busan’s latest architectural landmark, the Busan International Finance Center (BIFC), recently opened in the Munhyeon Financial Complex in downtown Busan, four years after first breaking ground.

Shooting up 63 stories (289 meters) while covering an area of 24,856 square meters (268,000 square feet) with four floors below ground, the new behemoth offers views of the Japanese island of Tsushima on clear days.

bifc

The eco-friendly green complex will house an open community venue in the Central Square and connects Munjeon Metro Station to BIFC Mall in the Sunken Square. The third floor of the BIFC Mall has also been adorned with a garden.

Five public institutions will be located there, including the Korea Asset Management Corporation, Korea Securities Depository, Korea Housing Guarantee Co., Korea Housing Finance Corp. and Korea Southern Power Co.

Also scheduled to move in are three Busan-based financial institutions: Korea Exchange, NH Bank Busan and the Korea Credit Guarantee Fund.

During the opening ceremony late last month, President Park Geun-hye said she aims to make Busan one of the leading financial cities in Asia.

“I will strengthen the role of Busan as a financial hub of marine, shipping and derivative products.”


Getting there: Take Metro line 2 and get off at Munjeon Station, which connects to the Sunken Entrance. Or use Metro line 1, Beomnaegol Station, exit 4.

 

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