Finance
KB Financial expands solidarity finance to support growth of social enterprises
KB Financial Group is expanding support for the growth of social enterprises through solidarity finance, it said on Tuesday. It highlighted the KB Social Investment Fund, formed in 2018, as a key vehicle. The fund totals 232.6 billion won and has invested a cumulative 188.5 billion won in 148 companies. KB Financial is also increasing support for regional solidarity economy firms and social ventures, including a 3 billion won commitment to the Co-Prosperity Cooperation Fund.
