KB Kookmin Bank Helps Job Seekers by Holding 2024 KB Good Job Festival
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KB Kookmin Bank Helps Job Seekers by Holding 2024 KB Good Job Festival
KB Kookmin Bank Issues Korean green bonds worth 120 billion won to lead green finance and expand support for eco-friendly businesses

24(Thu), Oct, 2024




KB Bank President Lee Jae-keun, Gyeonggi Province Governor Kim Dong-yeon, and KB advertisement model Kim Yuna cut ribbons in the opening ceremony for the KB Good Job Festival 2024 at the Suwon Convention Center in Suwon on Oct. 8. (Photo: KB Kookmin Bank)


The opening ceremony of the 2024 Gyeonggi Province KB Good Job Festival was attended by Gyeonggi-do Governor Kim Dong-yeon, KB Bank President Lee Jae-keun, and KB advertisement model Kim Yuna, among others, to encourage employers and job seekers. 

The KB Good Job Fair is the largest single job fair in Korea, with 1.2 million visitors since its launch. 

To date, a total of 5,500 companies have participated and provided more than 100,000 jobs. 

More than 40,000 people have found jobs at the KB Good Job Fair. 

The 2024 Gyeonggi-do KB Good Job Festival, now in its 26th year, is the first event of its kind in Gyeonggi Province. 

KB Kookmin Bank held the event with the Gyeonggi provincial government and the Gyeonggi Province Job Foundation. 

To match young people with decent jobs and rev up the local job market, the fair was attended by human resources managers from about 200 companies based in Gyeonggi Province.

To help participants develop their ability and job skills, various programs were held at the fair, including recruitment counseling and meetings with KB Bank employees, a mentoring zone run by former and current mentors from large companies, a career consulting center, specialist employment lectures and a recruitment information center, and a military officer recruitment center, a work experience center. 

A KB Soho consulting center was also on hand for those who wanted to found startups.

This time, the organizers expanded the Corporate Culture Zone, which drew much attention from job seekers in the first half of 2024. Companies presented their culture and visions, including employee perks for job seekers. 

All company recruitment booths operated company boards that intuitively appealed to job seekers with the strengths of the companies. 

SMEs participating in the fair were given a recruitment subsidy of 1 million won per full-time employee, and up to 10 million won per company for one year. 

A preferential interest rate of up to 1.3 percentage points for companies with excellent job creation was also available. 

Three hundred job seekers received 10,000 won in interview support funds on a first-come-first-served basis.


Issuance of Korean Green Bonds

KB Kookmin Bank announced on Sept. 25 that it successfully issued Korean green bonds worth 120 billion won to lead green finance and expand support for eco-friendly businesses. 

KB Kookmin Bank participated in the 2024 Korean Green Bond Issuance Secondary Conservation Support Project, which was organized by the Ministry of Environment and the Korea Environmental Industry & Technology Institute, and issued 120 billion worth of green bonds with one-year maturity.

KB Kookmin Bank will use the funds to support solar power generation projects, the construction of liquid hydrogen refueling stations, hydrogen fuel cell-based power generation and waste battery recycling projects. 

The latter are reviewed for compliance with the Korean Green Classification System K-Taxonomy by Korea Ratings. 

Korean green bonds are bonds that require the funds raised to be used only for projects that comply with the K-Taxonomy.

The Ministry of Environment selects companies that will receive the funds. 

The selected companies are required to undergo a preliminary review of their conformity with the K-Taxonomy and implement mandatory post-reporting.

The Ministry of Environment and the Korea Environmental Industry & Technology Institute are pay interest on the bonds instead of the supported companies for one year from the date of issuance to revitalize the issuance of Korean green bonds and encourage private capital to participate in green economy activities.

Through the issuance of the green bonds, KB will contribute to the reduction of greenhouse gas emissions in Korea and strengthen its sustainable ESG management by practicing carbon neutrality. 

   
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