NH Nonghyup Bank's ESG Specialized Loan Product 'NH Eco-friendly Enterprise Preferential Loan' Surpasses 3 Trillion Won

[Asia Economy Reporter Sim Nayoung] NH Nonghyup Bank (President Kwon Junhak) announced on the 2nd that the balance of the 'NH Eco-friendly Enterprise Preferential Loan,' which supports eco-friendly management excellent companies, has surpassed 3 trillion won.

Launched in March last year, the 'NH Eco-friendly Enterprise Preferential Loan' is an ESG corporate-exclusive credit product that offers preferential loan limits and interest rates (up to 1.50%p) to eco-friendly management companies that have received excellent environmental evaluation grades and green/environmental label certifications.

In March this year, Nonghyup Bank signed a business agreement with the Korea Environment Corporation, the management agency for the emissions trading system, and as the first commercial bank in the market, it supports green management companies by applying an interest rate discount of up to 0.30 percentage points (p) based on efforts to reduce carbon emissions.

□ President Kwon Junhak stated, “Through active and practical financial support for ESG practicing companies, we will fulfill our role as an ESG leading bank to help companies transition to low-carbon management.”

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