KB Financial 'This year, 3 trillion won in inclusive finance, 3.5 trillion won in mid-interest loans'
Reporter Jo Gyewan | Modified 2026-06-29 13:51
KB Financial Group announced on the 29th that it will provide a total of 6.9 trillion won in tailored finance this year to help the economic recovery and independence of youth, ordinary people, vulnerable groups, small business owners, and self-employed individuals.
Through the 'KB National Happiness Hope Project,' KB Financial will supply 3 trillion won in inclusive finance, 3.5 trillion won in private mid-interest loans, and 450 billion won in proactive write-offs of long-term overdue bonds. For inclusive finance, it will lower interest rates on loans for ordinary people such as the 'New Hope Seed' program, and reduce the debt principal for youth and socially disadvantaged individuals by up to 90%.
Lower interest rates on loans for ordinary people, reduce debt principal for youth and socially disadvantaged by up to 90%
KB Kookmin Bank plans to supply 1.54 trillion won in private mid-interest loans this year. In the first quarter alone, it provided 306.8 billion won in funds to low- and mid-credit customers. KB Kookmin Card, KB Capital, and KB Savings Bank will also supply about 2 trillion won in mid-interest loans.
KB Kookmin Bank has already written off approximately 137 billion won in long-term overdue bonds in the first half of this year, and plans to write off an additional 150 billion won in the second half. Other affiliates will also write off about 160 billion won in overdue bonds in the second half.
KB Financial announced that over five years until 2030, it will invest a total of 110 trillion won, including 93 trillion won in productive finance and 17 trillion won in inclusive finance.
Reporter Jo Gyewan kyewan@hani.co.kr
