KB Kookmin Bank announced on Sept. 15 that it has signed a business agreement on Sept. 14 with Compassion Korea, a social welfare organization, to spread a donation culture using bank trusts.
The signing ceremony was attended by Lee Sang-hwa, head of KB Kookmin Bank’s Financial Investment Products Division, Seo Jeong-in, CEO of Compassion Korea and officials from both organizations.
By inking this business agreement, KB Kookmin Bank will promote the supply of transparent donation trust products to donors and welfare corporations, and the management of trust assets and the provision of financial services.
In addition, the two organizations plan to set up and strengthen a close mutual cooperation system to play a role for public interest, leading the spread of donation cultures such as the donation of real estate and funds.
KB Kookmin Bank’s KB Great Donation Trust is a donation trust where the donor entrusts property such as real estate and money to the bank, and manages the property while he or she lives, and then transfers, the property to public interest corporations, such as social welfare corporations, schools and hospitals.
In particular, if the donated property is a house, you can either live in it or receive rent to solve cost-of-living problems even after the trust.
“We expect to contribute to the spread of donation cultures in our society through a paradigm shift in donation that encompasses money and real estate,” a KB Kookmin Bank official said.
“KB Kookmin Bank will make the world better with financial solutions that can contribute to the formation of a mature inheritance culture.”
Campaign to Reduce Use of Paper Bankbooks
KB Kookmin Bank announced on Sept. 13 that it will spearhead a donation campaign to reduce paper bankbooks to protect the environment and implement ESG management until Oct. 28.
This campaign was planned as part of KB Kookmin Bank’s ESG activities to contribute to environmental protection by reducing paper use and resolving social problems caused by climate change.
During the campaign period, KB Kookmin Bank will set aside a donation of 2,000 won per case if a paper passbook is not issued when a new account is opened at branches.
Through this, the bank will secure up to 100 million won and use it as money for heating costs for low-income households, which cannot afford to pay their heating cost.
In order to reduce the use of paper, KB Kookmin Bank is providing a service that enables bank transactions without a paper passbook by continuously changing passbook-based banking services into digital services.
“We prepared this campaign to inform that everyone can put environmental protection into practice simply by reducing the use of paper bankbooks and share love with neighbors suffering from climate change,” a KB Kookmin Bank official said.
“We will continue to carry out various activities for ESG management.”
Creating Jobs for the Disabled
KB Kookmin Bank will step up its effort to hire more disabled people. The bank announced on Sept. 14 that it has signed a business agreement with the Korea Employment Agency for Persons with Disabilities to promote the employment of the disabled.
This agreement was signed to provide stable jobs for the disabled and promote economic independence.
The two organizations plan to review measures to expand the employment of the disabled such as finding jobs in the bank through collaboration with employment consulting centers for the disabled, prior job training in connection with a customized training center and establishing a subsidiary-type standard workplace for the disabled.
Since last year, KB Kookmin Bank has newly established the ESG Shared Growth Department which hires the disabled, children of multicultural families, North Korean defectors, and recipients of basic livelihoods to support their economic independence and practice ESG management.
In addition to branch work, the bank is also making efforts to directly hire the disabled by discovering and developing tasks that the disabled can perform at KB Kookmin Bank apart from its branches.
“We will continue to work hard to expand the employment of the disabled by actively cooperating with the Korea Employment Agency for Persons with Disabilities,” said Lee Jae-keun, president of KB Kookmin Bank.
_KB국민은행 장애인 고용 증진을 위한 업무협약.jpg)
