OK Savings Bank unanimously approved by the board of directors to leave Ansan for Busan
Jun 24, 2025
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At the KOVO board meeting held at the Korea Volleyball Federation (KOVO) headquarters in Sangam-dong, Mapo-gu, Seoul on the 24th, the relocation of the men's professional volleyball team OK Savings Bank's location was finally confirmed as 'all-in-one'.
KOVO held a working committee meeting on the 12th to discuss whether to propose an agenda for the board of directors regarding the relocation of OK Savings Bank's location, and decided to propose it. OK Savings Bank's team also submitted data on the relocation.
Founded in April 2013, OK Savings Bank has been working to join the community based in Ansan, Gyeonggi Province. However, after 12 years, the relocation of the Busan headquarters was promoted, and it was finalized.
Of the seven men's clubs, only two were based in the provinces, Hyundai Capital (Cheonan) and Samsung Fire & Marine Insurance (Daejeon), and of the seven women's clubs, Jeong Kwan-jang (Daejeon), Korea Expressway Corporation (Kimcheon), and Pepper Savings Bank (Gwangju) are local teams. With the transfer of OK Savings Bank, now three of the seven men's teams have become local teams.
OK Savings Bank plans to use the Gangseo Sports Park Gymnasium in Busan as its home stadium from the 2025-2026 season, which opens this year. With the transfer of OK Savings Bank, Busan has become a local government with all four major professional sports clubs, including baseball, soccer and basketball, and volleyball teams. It is the fourth after Seoul, Incheon and Suwon.
This article was translated by Naver AI translator.