Community

Equipped with its 61 network channels in 13 countries, KB Financial Group engages in sharing to promote growth with the global community. RaonAtti is a volunteer group that delivers service as needed in the local communities of underdeveloped international countries. 547 college students were dispatched to Cambodia, Laos, and Myanmar from 2008 to 2019, spreading the value of sharing to global communities through cultural exchange and youth competence-boosting activities among others. KB Kookmin Bank provides free medical services for migrant workers who live in Korea and has been inviting Cambodian children with heart disease providing full support for surgery. The bank also operate a Korean Language institute in Yangon, Myanmar, to educate Korean language and cultivate local talents. Meanwhile, KB Securities is running the Rainbow Classroom project to create a learning environment for youths in underdeveloped countries. Furthermore, We donated ￦200m through Bukopin KB Bank(KB Kookmin Bank’s subsidiary) and KB Finansia Multi Finance(KB Kookmin Card’s subsidiary) to support the reconstruction of areas hit by an earthquake, which occurred in Sulawesi, Indonesia, in January 2021, and provide critical aid to earthquake victims. KB Daehan Specialized Bank, KB Kookmin Card’s branch in Cambodia, published and donated books for financial learning for local youth. It also published a children’s story for financial education in Khmer and donated the books to elementary schools in Kampong Thom.

KB Kookmin Bank has staged the KB Kookmin’s Clear Sky and Forests project aimed at resolving fine dust pollution and environmental issues in Korea and abroad. Since 2018, 26,000 trees have been planted to form windbreak forests in Mongolia’s desertified areas, which are the major culprit of fine dust as well as 24,000 fruit trees to lay the foundation for the economic independence of local communities. In 2021, the Bank created Liiv Garden within Gwangneung National Arboretum to contribute to keeping the environment clean for future generations. In 2020, KB Kookmin Card joined forces with Seoul Metropolitan City and created Tree Saving Challenge Forest by planting 2,500 trees to curb fine dust pollution. It also donated 1,000 air purifying plants to childcare facilities. KB Kookmin Card plans to create “a forest as a classroom” with 1,200 air purifying trees and plants as an extension of its fight against climate change in 2021.

In the first half of 2020, we have provided a wide range of supports for minimizing the damage on customers and local communities from COVID-19. First of all, we provided financial support, such as urgent working capital for small business owners who were suffering from a sharp decrease in sales and the deferment of insurance premium and credit card billing. In recognition of its contributions to the advancement of the local community and its economy, KB Insurance was selected as a Company Recognized for Community Outreach Excellence in November 2020 for the second consecutive year. This program, jointly operated by the Ministry of Health and Welfare and Korea National Council on Social Welfare, was initiated in 2019 to acknowledge the achievements of companies and institutions that strive to reach out to and enhance the wellness of local communities.