The issuance was split into two tranches: $250 million with an average maturity of two years, and the equivalent of $250 million in euros with an average maturity of three years.
The company said it used cross-currency interest rate swaps (CRS) to hedge exchange-rate and interest-rate risks, aiming to secure both stability and liquidity. It said the transaction will help diversify its global funding base and strengthen foreign-currency liquidity management.
For the issuance, KB Kookmin Card updated its “KB Kookmin Card Green, Social and Sustainability Financing Framework” and received Moody’s highest score among South Korean financial institutions, rated “Excellent (SQS2).” It also expects to receive an ESG subsidy from the Hong Kong Monetary Authority.
The proceeds will be used for inclusive-finance programs, including expanding mid-rate loans for mid- and low-credit customers and supporting vulnerable groups with limited access to financial services.
A KB Kookmin Card official said the successful issuance on competitive terms, despite heightened global market volatility, reflected trust built with investors. The official said the company will continue to diversify funding sources and expand inclusive finance.
* This article has been translated by AI.
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