Daegu Bank's Special Contribution of 500 Million KRW, Financial Support for Carbon Neutrality Practice Companies ... Business Agreement with Korea Credit Guarantee Fund

DGB Daegu Bank signed a 'Carbon Neutral Practice Company Financial Support Business Agreement' with the Korea Credit Guarantee Fund (Chairman Choi Won-mok) on the 11th to provide financial support necessary for companies' carbon neutrality activities.

This agreement was made to offer preferential guarantees on loan guarantee limits, guarantee ratios, and guarantee fees for funds required for carbon neutrality activities such as greenhouse gas reduction.

Daegu Bank Headquarters.

To this end, DGB Daegu Bank will make a special contribution of 500 million KRW, which will be used to support guarantee fees and cover costs for consulting on greenhouse gas reduction calculations.

The applicable loan items include funds for installing facilities related to reducing greenhouse gas emissions or energy usage, production process improvements, energy efficiency, operating funds for businesses holding eco-friendly technologies or producing eco-friendly products, funds for installing new and renewable energy power generation facilities, and funds required for introducing eco-friendly ships. Preferential treatment will be given to guarantee limits, guarantee ratios, and guarantee fees for related loans.

Bank President Hwang Byung-woo expressed his hope that “through financial support related to ESG finance, we can contribute to revitalizing the local economy, and we will actively practice and take the lead in ESG management by fulfilling corporate social responsibility.”

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