KB Kookmin Bank continues its efforts to prevent illegal lending and protect financially vulnerable groups.
On September 28, KB Kookmin Bank announced that President Lee Hwan-joo has participated in the "People-Saving Finance Relay Campaign." This public interest campaign was launched by the Korea Financial Services Agency in July to raise awareness about the dangers of illegal lending and to enhance social interest in protecting financially vulnerable populations. Financial institutions and public organizations are participating in a relay format.
Lee Hwan-joo, who was nominated to join the campaign by Hana Bank President Lee Ho-sung, has selected Jeong Mun-cheol, CEO of KB Life Insurance, as the next participant.
Lee stated, "I take the increasing number of people suffering from illegal lending and excessive debt very seriously. KB Kookmin Bank will continue to lead the way in practicing and expanding inclusive finance as a reliable partner for financially vulnerable groups."
In August, KB Kookmin Bank also launched the "National Hope Road: Be Careful with Debt" campaign to prevent illegal lending among financially vulnerable and youth groups. This initiative aims to inform the public about the risks of illegal loans and guide customers facing debt challenges to safe financial support channels, continuing its commitment to inclusive finance.
* This article has been translated by AI.
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