Shinhan Bank Launches Loans with Preferential Interest Rates for 'ESG Management Excellence Companies and Partners'
[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 12th that it will launch the 'Shinhan ESG Excellent Win-Win Support Loan,' which offers preferential interest rates to excellent ESG (Environmental, Social, and Governance) management companies and their partners.
ESG management is a method that considers not only financial factors but also non-financial factors in the decision-making process for management and investment.
This product provides benefits such as an annual interest rate discount of 0.2 to 0.3 percentage points to companies with excellent ESG management levels selected independently by Shinhan Bank. In particular, to support the virtuous cycle of ESG management, not only excellent ESG management companies but also partner companies recommended by these excellent companies can use the loan.
Hot Picks Today
Cerebras Soars 70% on IPO Debut: Is Nvidia's Reign Ending as a New AI Semiconductor Power Emerges?
- Is It the “8,000-Point Curse”? KOSPI Drops to 7,400 After Brief Surge; KOSDAQ Falls 5%
- "Multi-Million Won Bonuses, Life Is Sweet"—Even Employee Reactions... SK hynix Overtakes Samsung to Claim No. 1 Spot
- "Gave in to the Momentary Temptation": Japanese Police Official Dismissed After Stealing 100 Million Won Next to Body
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
A Shinhan Bank official said, "We will continue to strive to support the virtuous cycle of ESG management through our core financial business."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
