KB Financial 100announces contribution to the win-win cooperation fund of billion won
KB Financial contributed 100billion won to the win-win cooperation fund to support small and medium-sized enterprises and small businesses. The funds will be allocated to artificial intelligence transformation, green transformation, safety transformation, and regional-based fund of funds.
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KB Financial Group contributed 6 month 5 to the win-win cooperation fund for large and small businesses and the agricultural and fisheries sectors to strengthen the self-reliance of small and medium-sized enterprises and small businesses and practice inclusive finance. KB Financial Chairman Yang Jong-hee met with the Minister of SMEs and Startups and the Secretary-General of the Large and Small Business, Agricultural and Fisheries Cooperation Foundation at the new KB Kookmin Bank building in Yeouido and signed an agreement on the contribution. The purpose of the contribution is to secure funding for support programs for small and medium-sized enterprises and small businesses.100billion won
KB Financial said it will provide 20billion won to the artificial intelligence transformation (AX) sector. AX support aims to strengthen the digital competitiveness of small and medium-sized enterprises and small businesses. The programs include providing AI-based digital solutions to regional manufacturing companies.
For green transformation (GX), 30billion won will be allocated. The green transformation program provides climate finance education and consulting to small and medium-sized enterprises in the supply chain. The company said it will provide 20billion won to the safety transformation (SX) sector.
The mutual-growth cooperation master fund will receive 30billion won in capital contributions. The master fund consists of resources to support locally based social solidarity economy enterprises. The Ministry of SMEs and Startups and KB Financial Group explained that they will use these funds to pursue related projects.
The AX project also includes introducing smart-order systems for small business owners and supporting customer-analysis marketing systems. The GX project provides training and on-site consulting to strengthen companies’ carbon-reduction capabilities. The Ministry of SMEs and Startups and KB Financial Group plan to disclose detailed implementation plans for each project in the future.