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Finance

KB Financial to invest 600 million won to support energy-saving facilities for local small merchants

KB Financial Group will 추진 a 600 million won programme to support energy-saving facilities for local small merchants to reduce energy costs and improve workplaces. The group said it will run the 2026 project jointly with the Large & Small Business and Rural Cooperation Foundation. It will use funds from a green transition portion of a co-prosperity fund and select up to four local governments, providing 100 million to 300 million won per region. Applications close on Oct. 11.

Finance

NH NongHyup Bank to expand financial support for Jeonnam-Gwangju semiconductor cluster

NH NongHyup Bank will expand preferential financial support for companies moving into the Jeonnam-Gwangju Integrated Special City semiconductor cluster and step up efforts to foster local talent. The bank said it agreed with Mayor Min Hyung-bae to pursue comprehensive financial support for cluster development and regional economic revitalisation. Planned measures include easing loan screening requirements and raising collateral recognition ratios, along with tailored services for employees. It also donated 300 million won in scholarships.

Finance

Samsung Securities launches first issued commercial paper, goes on sale from Sept 21

Samsung Securities will launch its first issued commercial paper product based on its own credit and begin full-scale sales from Sept. 21. The company said on Sept. 17 it will offer both promotional and standard products. Promotional offerings include 2 to 90-day notes at 5.5 percent for certain customers and 1-year notes at 4.3 percent for account holders, each with issuance caps. Standard products will continue after promotions end, with rates varying by type and term on a pre-tax basis.