NongHyup Bank Adds Eco-Friendly Electric Vehicles to Support K-EV100 Implementation

Ji Junseop, Deputy Head of Agricultural Green Finance Division (from the left), Jang Sumi, Branch Manager of Ulsan Office of Education Branch, and Hwang Seokwoong, Head of Ulsan Sales Headquarters, are having a commemorative photo after an electric vehicle delivery event at NongHyup Bank Ulsan Office of Education Branch on the 7th.

[Asia Economy Reporter Kiho Sung] NH Nonghyup Bank announced on the 8th that it has additionally introduced four electric vehicles at three branches, including the Central Headquarters and Ulsan Office of Education.

In April, Nonghyup Bank declared its participation in the K-EV100 (Korean Zero-Emission Vehicle Transition 100) campaign led by the Ministry of Environment, and plans to convert 100% of its business vehicles to zero-emission vehicles by 2030 to reduce greenhouse gas emissions and practice ESG (Environmental, Social, and Governance) management.

The bank is also accelerating financial support to promote the K-EV100 campaign. Through the NH Eco-Friendly Corporate Preferential Loan launched in March, it is the first in the financial sector to provide up to a 0.3 percentage point interest rate discount to companies participating in government-led ESG campaigns such as K-EV100, thereby offering financial incentives to companies practicing eco-friendly management.

Jisun Seop Ji, Head of Agriculture and Green Finance Division, stated, "NH Nonghyup Bank will take the lead in eco-friendly management and expanding green finance, including converting business vehicles to zero-emission vehicles, to actively respond to the global climate crisis such as heavy rains, droughts, and heatwaves."

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