South Korea to provide $313 billion in loans to finance carbon offset projects [Yahoo! Finance]
KB Financial Group Inc (KB)
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Source: Yahoo! Finance
By 2030, five state financial institutions including Korea Development Bank (KDB) will provide those loans to encourage companies to switch to low carbon production. The plan to step up the fight against climate change was unveiled in a meeting between government officials and heads of South Korea's five major banks, the statement said. The KDB and other big banks including Woori Bank and Kookmin Bank will also create a new fund worth 9 trillion won for building new green energy facilities, the government added. ($1 = 1,340.0700 won) (Reporting by Ju-min Park; Editing by Miral Fahmy)
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KB
News
- KB FINANCIAL GROUP INC. FILES ITS ANNUAL REPORT ON FORM 20-FPR Newswire
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KB
Sec Filings
- 4/26/24 - Form 20-F
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- KB's page on the SEC website