Bin Jungil, CEO of KB Capital, Joins 'Life-saving Finance' Relay Campaign
Korea Inclusive Finance Agency's Anti-Illegal Loan Campaign
Kim Jae-gwan, CEO of KB Kookmin Card, Nominated as Next Participant
KB Capital announced on the 15th that its CEO, Bin Jungil, has participated in the ‘Life-saving Finance’ relay campaign aimed at preventing damage from illegal private loans and protecting vulnerable groups in the financial sector.
Jungil Bin, CEO of KB Capital (center), is taking a commemorative photo for participating in the 'Finance Saving Lives Relay Campaign.' KB Capital
View original imageThe public campaign, which was launched by the Korea Inclusive Finance Agency in July, was designed to protect citizens struggling with illegal private loans and to spread the value of life-saving finance throughout society. The campaign proceeds as a relay, where each participant posts a photo or video embodying the campaign’s mission on social media and then nominates the next person to participate.
Bin, who took part in the campaign after being nominated by Choi Sunwook, CEO of JT Chinae Savings Bank, expressed his commitment to lowering entry barriers to institutional finance so that financially vulnerable people are not driven to illegal private loans, and to actively practice inclusive finance to ensure that ordinary citizens and small business owners can access the funds they need in a timely manner.
Bin stated, “Finance is more than just lending money—it needs to be a social safety net that helps customers in difficulty get back on their feet,” adding, “KB Capital will continue to put life-saving finance into action by protecting the financially vulnerable and providing genuine support to improve our customers’ lives.”
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Bin nominated Kim Jae-gwan, CEO of KB Kookmin Card, as the next participant in the campaign.
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