Written by 1:01 PM Economics

NongHyup Bank launches NH ESG Sustainable Linked Loans (SLL)

Provided by Nonghyup Bank

Provided by Nonghyup Bank,
, “Nonghyup Bank announced on the 31st that it has launched ‘NH ESG Sustainable Linked Loan (SLL)’ to encourage corporate participation in ESG (Environmental, Social, Governance) management.”,

, “The target of NH ESG SLL are corporate entities that have obtained ESG evaluation grades from external evaluation agencies designated by Nonghyup Bank. Depending on the ESG evaluation grade results, they offer preferred loan limits and a maximum 2.0% interest rate discount.”,

, “After the evaluation, Nonghyup Bank will diagnose the environmental, social, and governance status of the borrowing corporate entity for sustainable development and provide opinions on improvement directions. Additionally, consulting services such as management, finance, tax, and marketing will be provided free of charge to small and medium-sized enterprises using SLL loans.”,

, “Choi Young-sik, Head of the Corporate Financing Department at Nonghyup Bank, said, ‘As interest in ESG management by companies is growing, we have launched this product to help banks. We will continue to expand efforts to support corporate ESG management.”
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