Business Agreement for the Development and Promotion of the Hydrogen Economy

At the KB Kookmin Bank Yeouido Headquarters on the 15th, a business agreement ceremony was held for the development and promotion of the hydrogen economy. From the left, Huh In, President of KB Kookmin Bank, Moon Jae-do, Chairman of the Hydrogen Convergence Alliance, and Kim Su-bo, Chairman of the Engineering Mutual Aid Association, are posing for a commemorative photo.

At the KB Kookmin Bank Yeouido Headquarters on the 15th, a business agreement ceremony was held for the development and promotion of the hydrogen economy. From the left, Huh In, President of KB Kookmin Bank, Moon Jae-do, Chairman of the Hydrogen Convergence Alliance, and Kim Su-bo, Chairman of the Engineering Mutual Aid Association, are posing for a commemorative photo.

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[Asia Economy Reporter Park Sun-mi]KB Kookmin Bank announced on the 16th that it has signed a 'Business Agreement for the Development and Promotion of the Hydrogen Economy' together with the Hydrogen Convergence Alliance and the Engineering Mutual Aid Association.


The signing ceremony held the day before at KB Kookmin Bank's Yeouido headquarters was attended by Huh In, President of KB Kookmin Bank, Moon Jae-do, Chairman of the Hydrogen Convergence Alliance, Kim Su-bo, Chairman of the Engineering Mutual Aid Association, and other officials.


Through this agreement, each organization plans to promote various mutual cooperation for the development and promotion of the hydrogen economy. The areas of cooperation include ▲financial and non-financial support for fostering hydrogen-specialized companies ▲discovering sustainable business models to activate the distribution of hydrogen energy ▲development of new guarantee and mutual aid products related to hydrogen businesses.



In addition, KB Kookmin Bank plans to actively support the growth of promising hydrogen-specialized companies by providing various financial supports as well as consulting services in taxation, accounting, and management to the member companies of the agreement organizations. A KB Kookmin Bank official stated, "We expect that support for hydrogen-related companies will be activated through this agreement," and added, "We will take the lead in creating a related ecosystem so that promising companies can be discovered and various companies can participate in the hydrogen economy."


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

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