KB Financial Group is expanding support for the growth of social enterprises through solidarity finance, it said on Tuesday.
A representative example is the "KB Social Investment Fund". KB Financial has continued to invest in social enterprises since forming the fund in 2018.
KB Financial committed 75 billion won and Korea Growth Investment Management committed 45 billion won. Including other investment funds, it was formed with a total size of 232.6 billion won.
The fund has invested a cumulative 188.5 billion won in 148 companies so far. It said the investee companies support the creation of social value, including youth housing stability, narrowing regional medical gaps, revitalising local areas and easing energy cost burdens for small and medium-sized businesses.
As of end-2025, the investee companies' average revenue rose more than 10-fold after raising investment, it showed.
KB Financial is also expanding support for regional solidarity economy firms and social ventures.
It will commit 3 billion won to the "Co-Prosperity Cooperation Fund". The fund is part of a co-prosperity cooperation project 추진 with the Ministry of SMEs and Startups and the Large & Small Business & Rural Cooperation Foundation. It aims to revitalise regional economies, improve settlement conditions, create jobs and support vulnerable groups.
KB Financial also runs a programme to nurture young entrepreneurs and is providing loan support to reduce social enterprises' financial cost burdens.
KB Kookmin Bank has operated a "social enterprise interest subsidy agreement loan" since March in cooperation with the Ministry of Employment and Labor, the Korea Social Enterprise Promotion Agency and the Korea Credit Guarantee Fund. It supports up to 300 million won for social enterprises and preliminary social enterprises, subsidises loan interest by up to 2.5 percentage points per year for up to 1 year, and waives early repayment fees.
A KB Financial official said, "We are continuously expanding solidarity finance that organically links investment, finance and business development so that social enterprises can grow steadily and create greater social value."