KB Kookmin Bank announced that it has introduced a Braille service to the main menus of its personal internet banking to improve financial accessibility for the visually impaired and practice inclusive finance.
The Braille service converts financial information on the personal internet banking screen into a Braille format.
By allowing users to directly check complex financial information, such as numbers and charts, which were difficult to convey accurately through existing voice guidance alone, using Braille information terminals or Braille printers, the service has created an environment where visually impaired customers can handle financial tasks independently without the help of others.
It is also expected to reduce concerns about personal information exposure and increase financial independence.
Electronic Braille files are provided on major financial transaction screens with high usage frequency, such as account inquiry, transaction history inquiries, and transfer result inquiries.
It’s also used on screens for issuing various certificates, such as passbook copies, deposit balance certificate, debt certificates, financial transaction confirmation, and comprehensive financial income tax inquiries.
A PR image about a Braille service for blind KB Kookmin Bank services.
In addition, KB Kookmin Bank has steadily expanded its inclusive finance activities for the financially marginalized amidst changes in digital financial environments.
It is continuously strengthening digital support for financially vulnerable groups, including the operation of the KB Star Banking large-print banking service, the provision of Braille security cards and voice one time password (OTPs) and the exemption of OTP issuance fees for people with disabilities.
“We hope this electronic Braille service will be of practical help to our visually impaired customers in leading independent financial lives,” a KB Kookmin Bank official said.
“KB Kookmin Bank will continue to fulfill its social responsibilities so that everyone will be able to use financial services without discrimination.”
Arrangement for U.S. FLNG Project
KB Kookmin Bank announced on June 4 that it has successfully completed the co-arrangement of project financing for the Delphin Floating Liquefied Natural Gas (FLNG) Development Project in the United States.
The financing agreement was signed on June 3.
Global major banks such as MUFG and CITI participated as joint arrangers in the financing Among Korean financial institutions, KB Kookmin Bank was the only one listed as a coordinating lead arranger.
The total syndication amounted to approximately 4 trillion won of which KB Kookmin Bank arranged and participated in approximately 240 billion won.
The Korean shipbuilding industry participated as a key partner in this project. Samsung Heavy Industries has secured a contract to build floating liquefied natural gas (FLNG) facilities from Delfin Midstream of the United States which is considered a case combining Korea’s world-class shipbuilding technology with U.S. energy infrastructure investment.
This manner, the project holds significance as a symbolic example of Korea-U.S. strategic industry cooperation and support for investment in the U.S., in that the Korean shipbuilding industry and the Korean financial sector participated together in the development of the U.S.’s strategic energy infrastructure.
Launch of KB Veterans Benefit Remittance Check Service
KB Kookmin Bank announced that, in commemoration of the Month of Patriots and Veterans, it will launch the KB Veterans Benefit Remittance Check Service on June 8 in collaboration with the Ministry of Patriots and Veterans Affairs for veterans benefit recipients residing abroad.
KB Veterans Benefit Remittance Check is a service that allows veterans benefit recipients residing overseas to directly receive and use foreign currency-denominated remittance checks even without a local bank account.
The Ministry of Patriots and Veterans Affairs plans to switch the payment method for veterans benefits to overseas account remittances starting in 2027 to enhance the convenience of receiving benefits for recipients residing overseas.
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