Low-Interest Loans for Greenhouse Gas Reduction Sites... KB Kookmin Bank Launches New Product

Minimum 3 Billion or More... Loans Up to 100% of Total Required Funds

KB Kookmin Bank is launching a product that provides low-interest loans for funds needed to reduce greenhouse gases.

On the 15th, KB Kookmin Bank announced that it will launch the 'Green Policy Finance Activation Secondary Compensation Agreement Loan.'

This product is offered to companies that own business sites corresponding to the Korean Green Classification System, providing low-interest loans for funds necessary for business process and industrial transition to reduce greenhouse gases.

The loan limit is at least 3 billion KRW. If funds for greenhouse gas and energy reduction facilities account for 20% or more of the business site transition costs, up to 100% of the total required funds can be supported. The loan period and repayment methods include a lump-sum repayment at maturity in 3 years or equal principal installment repayments over 5 to 10 years.

Additionally, preferential interest rates ranging from 2.2 to 3.0 percentage points are offered by applying secondary compensation interest rate support and additional discount rates according to the company size and expected greenhouse gas reduction rate. KB Kookmin Bank will also fully cover the evaluation fees for the greenhouse gas reduction plan by an external professional institution to determine the secondary compensation interest rate and discount rate.

A KB Kookmin Bank official stated, "Going forward, KB Kookmin Bank will support companies' sustainable management by providing various financial products and services, such as the 'KB Green Wave ESG Excellent Company Loan,' to promote the spread of carbon-neutral management."

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