KB Kookmin Card Donates 120 Million KRW to Cambodian Local Corporation

Purpose of Scholarship Support and Regional Infrastructure Improvement

[Asia Economy Reporter Ki Ha-young] KB Kookmin Card is implanting the 'Environmental, Social, and Governance (ESG) management' DNA into its local subsidiary in Cambodia. Starting with Cambodia, the company plans to establish ESG management in local subsidiaries through global social contribution activities aimed at improving child and youth welfare and supporting education in key overseas markets such as Indonesia and Thailand.

On the 19th, KB Kookmin Card announced that on the 17th, it delivered 120 million KRW in sponsorship funds for scholarship support and local infrastructure improvement together with its local subsidiary, 'KB Daehan Special Bank,' in Kampong Thom, Cambodia.

The sponsorship funds delivered that day were jointly raised by KB Kookmin Card and KB Daehan Special Bank and will be used for scholarship programs to support stable studies for high school students from low-income families in the Kampong Thom area, as well as agricultural technology education projects targeting local underdeveloped farming residents.

Additionally, the funds will be used for local infrastructure improvement projects that directly impact the quality of life of local residents, such as ▲road repairs ▲installation of solar-powered lights ▲installation of water pumps.

Separately from the sponsorship fund delivery, KB Kookmin Card also donated 500 copies of the youth financial and economic education book 'KB Traditional Fairy Tale Pop-up Book,' created through talent donation activities by its employees.

A KB Kookmin Card official stated, "Following Cambodia, we plan to continue social contribution activities optimized for local circumstances to care for marginalized neighbors and grow together with local communities in countries where KB Kookmin Card has expanded."

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