Samsung Card Issues ESG Bonds Worth 100 Billion Won

Utilization of Financial Support for Small Franchise Stores and Eco-Friendly Vehicle Financial Services

[Asia Economy Reporter Ki Ha-young] Samsung Card announced that it has issued ESG (Environmental, Social, and Governance) bonds worth 100 billion KRW to create social value, including financial support for small and medium-sized merchants. The ESG bonds focus on enhancing social values such as environment, society, and governance.

The Samsung Card ESG bonds issued this time have a maturity of 5 years with a total amount of 100 billion KRW, and have obtained bond management system certification from Deloitte Anjin LLC, an ESG certification institution.

Samsung Card plans to use the funds for financial support to small and medium-sized merchants and eco-friendly vehicle financial services while recruiting ESG bond investors.

A Samsung Card official said, "Through the issuance of ESG bonds, stable use of funds for creating social value such as support for small and medium-sized merchants and eco-friendly vehicle financial services will be possible," adding, "As social interest in ESG management has recently increased, we plan to continuously promote related management activities."

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