KB Kookmin Bank Launches 'KB Malgeunbada Financial Product Package'

My Small Practice for a Clear Sea 'KB Malgeunbada Savings'
Pure Hearts Loving the Environment 'KB Malgeunbada Public Trust'

KB Kookmin Bank held a launch event for the 'KB Clear Sea Financial Product Package' on the 22nd at its Yeouido headquarters. From the left in the photo are Hong Yoon-hee, Secretary General of WWF (World Wide Fund for Nature), Moon Sung-hyuk, Minister of Oceans and Fisheries, and Hur In, President of KB Kookmin Bank. Photo by XXX

[Asia Economy Reporter Kangwook Cho] KB Kookmin Bank announced on the 23rd that it has launched the 'KB Clear Sea Financial Product Package' as part of the 'KB Green Wave Campaign with Customers.'

The KB Clear Sea Financial Product Package is an eco-friendly specialized product following last year's launch of the KB Clear Sky financial product. The donations collected through subscriptions will be used to create clean seas. The package consists of the 'KB Clear Sea Installment Savings' and the 'KB Clear Sea Public Trust.'

The KB Clear Sea Installment Savings is a one-year flexible installment savings product. Customers can freely save amounts ranging from 10,000 KRW to 1,000,000 KRW monthly, with an interest rate of up to 1.75% per annum (including preferential rates) for one year. It is a specialized product that offers preferential interest rates when customers agree to marine litter reduction activities and practice eco-friendly actions such as not issuing paper passbooks. KB Kookmin Bank plans to donate 5,000 KRW per each subscription account, up to a maximum of 100 million KRW, to marine litter cleanup activities.

The KB Clear Sea Public Trust is funded by donating 10% of the fees customers pay when subscribing to the trust product. When the donated amount reaches the target, the bank will match the same amount through a matching grant system, raising up to 200 million KRW in donations. The collected donations will be used for marine litter cleanup activities and projects to create a clean Jeju Sea through the purification of Jeju Island's aquaculture farms.

At the launch event held on the 22nd at KB Kookmin Bank's Yeouido headquarters, Minister of Oceans and Fisheries Seonghyeok Moon subscribed to the KB Clear Sea Installment Savings, and Hong Yunhee, Secretary-General of WWF (World Wide Fund for Nature), also attended and delivered congratulatory messages.

Minister Moon said, "I thank KB Kookmin Bank for launching a public interest product that raises awareness of the importance of the marine environment and participates in creating clean seas," adding, "I hope it will continue to be a leading bank that takes the lead in environmental protection."

KB Kookmin Bank President Heo In emphasized, "The KB Clear Sea financial products are part of eco-friendly activities that customers can participate in, following the campaign to reduce paper passbooks," and added, "We will continue to promote various activities for environmental protection."

A KB Kookmin Bank official stated, "'KB Green Wave' is a campaign that carries out various eco-friendly activities such as reducing paper passbooks, electricity usage, and disposable products," and said, "KB Kookmin Bank will take the lead in environmental protection so that our small actions can collectively bring about change in the world."

This content was produced with the assistance of AI translation services.