KB Financial Group Achieves KRW 828.6 Billion in Social Value in Q1...Inclusive Finance Performance

KRW 348.1 Billion in Social Value Created in Youth, SME, and Regional Development Sectors
KRW 349 Billion in Public Safety and Security
Social Contribution Activities Focused on Expanding Education, Care, and Cultural Infrastructure

KB Financial Group announced on April 23 that it supported the growth and future of the people through inclusive finance and social contribution activities, creating a total of KRW 828.6 billion in social value in the first quarter of this year.

KB Financial Group publicly releases its 'social value performance,' which quantifies the positive impact of its financial and non-financial ESG management activities on society in monetary terms, to communicate with a wide range of stakeholders—customers, shareholders and investors, and local communities.

As a result, in the first quarter of this year, social value of KRW 348.1 billion was created in the areas of youth, small and medium-sized enterprises and small business owners, and balanced regional development. In addition, KRW 349 billion in social value was created in the area of public safety and security.

To help young people achieve economic independence, KB Financial Group operates asset-building products such as the 'KB Youth Leap Account,' as well as programs supporting housing stability and enhancing employment capabilities.

Support for small and medium-sized enterprises and small business owners is also being expanded. For companies experiencing difficulties due to regional conflicts in the Middle East, as well as import and export companies, the group provides customized financial support such as preferential policy loan interest rates, trade finance fee discounts, and favorable exchange rates. Additionally, it supports improvements to the industrial safety environment of approximately 1,000 small and medium-sized enterprises, thereby contributing to the strengthening of the foundation for sustainable management.

For balanced regional development, the group continues social contribution activities focused on expanding education, care, and cultural infrastructure. It has established 143 'KB Small Libraries' and supported nighttime care operations at 61 'On Neighborhood Education and Care Centers' and 343 local children's centers. In addition, through cultural programs in partnership with more than 50 public museums and art galleries, about 58,000 people were provided with opportunities for cultural and artistic experiences.

In the area of public safety and security, the group is focusing on protecting the public from financial fraud and various daily risks. By implementing measures such as voice phishing prevention, support for victims of rental fraud, and traffic safety assistance for elderly drivers, it is strengthening the social safety net.

Additionally, at the 'KB Hope Financial Center,' which was introduced in December last year as the first of its kind in the financial sector, integrated credit and debt counseling services are being provided. The group also launched the 'KB National Leap Loan,' enabling customers to switch from high-interest loans in the second-tier financial sector to bank loans, thereby helping to alleviate financial burdens and support credit recovery.

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