KB Financial Group and KOSME Select 50 Safety Technology Companies for Industrial Safety Infrastructure

KB Financial Group announced on April 12 that it has selected 50 safety technology companies for the "SME Industrial Safety Infrastructure Support Project," which is being carried out in collaboration with the Korea SMEs and Startups Agency (KOSME).

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KB Financial Group and KOSME have chosen a total of 50 supplier companies-24 from the Seoul metropolitan area and 26 from regional areas-out of 102 applicant companies, providing a total of 3.3 billion won in support. The selected companies possess key technologies for preventing major industrial accidents such as fires, entrapment, collisions, and falls. To promote balanced regional development, more than 50% of the selected companies are based outside the metropolitan area.

The selected companies will provide tailored safety improvement support for matched client companies through initiatives such as supplying safety products, conducting on-site inspections, offering safety consulting, and providing safety education. Through these efforts, KB Financial Group aims to establish a virtuous cycle that simultaneously fosters the growth of safety technology companies and improves industrial sites.

A KB Financial Group representative stated, "KB Financial Group will expand regionally grounded and effective support to help excellent safety technology companies grow while improving workplace safety, so that SMEs can continue to innovate and grow in a safer environment."

Meanwhile, KB Kookmin Bank, a major affiliate, will launch the "KOSME Policy Fund Client Benefits Program" together with KOSME starting April 13, to promote productive finance in the amount of 6 trillion won. The program will offer special interest rate benefits and support or reductions in guarantee fees for companies facing difficulties such as increased logistics costs and contract delays due to the Middle East crisis.

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