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KB Kookmin Bank to support 80 billion won in guaranteed loans for decarbonisation firms

KB Kookmin Bank will expand corporate financial support for decarbonisation and the creation of a carbon-free energy ecosystem in partnership with the Korea Credit Guarantee Fund. The bank said it signed business agreements on June 22 and will make special contributions totalling 4 billion won. Based on that, the fund plans to supply guarantee certificates worth about 80 billion won. Eligible firms include those covered by green process transition and carbon-free energy guarantees.