KB Kookmin Bank Launches Financial Product Package Participating in Climate Change Response

Plans to Create School and Urban Forests and Establish Electric Vehicle Charging Stations with Donated Funds by Jo Seong-han

On the 26th, attendees are taking a commemorative photo at the launch event of the 'KB Green Wave 1.5℃ Financial Product Package' held at KB Kookmin Bank Yeouido New Building. From the left: Son Bong-ho, Chairman of Blue Asia; Hong Jeong-gi, Vice Minister of Environment; Heo In, President of KB Kookmin Bank; Park Seong-su, Vice President of KB Kookmin Card.

[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 27th that it has launched the 'KB Green Wave 1.5℃ Financial Product Package' as part of the 필(必)Environment campaign with customers.

The KB Green Wave 1.5℃ Financial Product Package is an eco-friendly specialized product following the KB Clear Sky financial product and KB Clear Sea financial product, consisting of deposits, trusts, and cards. Donations collected through product subscriptions will be used for climate change response and carbon emission reduction activities.

The KB Green Wave 1.5℃ Time Deposit is a 1-year fixed deposit. Deposits can be made from 1 million KRW to 10 million KRW. The interest rate is up to 1.0% per annum (including preferential rates), and preferential rates of 0.15%p each, up to a maximum of 0.45%p, are provided for the following: ▲ registering for the 'Hand Withdrawal' service without issuing a paper passbook ▲ holding KB Clear Sky Savings or KB Clear Sea Savings or holding the KB Kookmin Green Wave 1.5℃ Card and having KB Kookmin Card payment records from a KB Kookmin Bank account ▲ issuing the KB Mobile Certificate for the first time from the month of deposit subscription to the end of the second month before maturity. KB Kookmin Bank plans to raise donations of 2,000 KRW per time deposit account subscribed by customers, up to a maximum of 100 million KRW, to build electric vehicle charging infrastructure.

The KB Green Wave 1.5℃ Public Trust is a product where 10% of the fees paid to the bank when customers subscribe to the trust product are donated in the customer's name, and the bank donates the same amount, preparing up to 200 million KRW in donations to create school forests.

The KB Kookmin Green Wave 1.5℃ Card offers 20% points accumulation when using shared mobility, and 10% points accumulation when charging electric/hydrogen vehicles or using buses and subways. Additionally, extra points are accumulated when using the mobile-only card, and if card issuance is desired, the card is made from eco-friendly materials. When subscribing to this card at KB Kookmin Bank branches, donations of 10,000 KRW per card, up to a maximum of 100 million KRW, will be raised to create urban forests.

At the product launch event held at the KB Kookmin Bank new building the day before, Vice Minister Hong Jeong-gi of the Ministry of Environment, Chairman Son Bong-ho of Blue Asia, and KB Kookmin Bank customers attended and delivered congratulatory messages. President Heo In stated, “The KB Green Wave 1.5℃ financial products are part of eco-friendly activities with customers,” and added, “We will continue to promote various ESG activities so that our small actions can collectively lead to changes in the world.”

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