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BNK Financial Group

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ESG Management

Model Guidelines for Lending

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BNK Financial Group’s loan management and investment policies must minimize financial and non-financial risks and maintain the company’s profitability through reasonable decision-making processes according to the following basic principles:

  • 1. Our loan management and investment policies shall contribute to the balanced growth of the national and regional economies, enhanced technological development and productivity of the company, and prosperity of local communities.
    • - Through loan management and investment, we shall actively contribute to the growth of small- and medium-sized enterprises operating in local communities to strengthen the local economy while providing financial support to innovative firms, small business owners, and youth start-ups which need systemic support.
    • - It is strictly not allowed to provide loan services for funding businesses that are prohibited from using such services and may be involved with socially undesirable, potentially harmful, or criminal activities, including drinking establishments, dance halls, lotto shops, gambling and betting sites, weapons manufacturing, porn production, and virtual currencies.
  • 2. When making decisions on direct or indirect loan services, investment, and project financing, we shall take into account information related to the candidate’s economic, social, and environmental characteristics before offering investments.
    • - When conducting a credit practice, we must assess and analyze the candidate’s economic, social, and environment information, and if the candidate is considered ineligible for receiving investment, we shall refuse to invest in its operation (ESG information including data from environmental and social impact evaluations must be also assessed during the credit evaluation).
    • - As a local-based financial institution, we are committed to preventing economic, social, or environmental problems from occurring in the local community.
  • 3. As a trustee for assets of third parties including customers and beneficiaries, we actively disclose information related to responsible investment and communicate with them about the investments in a transparent manner to faithfully fulfill our responsibility as a trustee.
    • - As a local-based financial institution, we are committed to preventing economic, social, or environmental problems from occurring in the local community.
    • - We support efforts of international organizations such as the United Nations Principles for Responsible Investment (UN PRI) and the United Nations Environmental Programme—Financial Initiatives (UNEP FI) to resolve ESG issues.
  • 4. We are committed to caring for the socially vulnerable and protecting borrowers' rights in providing and managing loan services.
    • - In selling and managing loan products and services, we do not discriminate against any customer and respect the human rights of everyone. Support is provided to the socially vulnerable who are often deprived of financial services.