KB Financial Group Partners with Agriculture Ministry to Support Lunch Costs for SMEs

KB Financial Group is joining an initiative aimed at reducing the lunch cost burden for employees of small and medium-sized enterprises (SMEs). The program is designed to enhance employee welfare while also stimulating the local economy.

On May 19, KB Financial announced its participation in the "Substantial Lunch for Workers" initiative, in collaboration with the Ministry of Agriculture, Food and Rural Affairs and local governments.

The Substantial Lunch for Workers program aims to alleviate the meal expenses of SME employees and support small food service businesses. This initiative is a partnership between the Agriculture Ministry, local governments, and KB Financial, which has prioritized inclusive finance this year by expanding its community-focused financial support programs.

Local governments will select eligible companies within their regions, while KB Financial will act as a private sponsor, covering a portion of the lunch dining costs.

Eligible participants include employees of SMEs as defined by the Small and Medium Enterprises Basic Act, who receive lunch subsidies from their companies. Selected employees can receive a 20% discount when dining at participating restaurants, cafes, and bakeries during weekdays between 11 a.m. and 3 p.m. The maximum support per person is 40,000 won per month.

SMEs interested in participating can refer to the program guidelines on the website and apply through their local government. Employees of selected companies can access the discount benefits through card companies or digital meal voucher platforms.

A KB Financial representative stated, "This initiative is significant as it creates a win-win model that enhances employee welfare while boosting sales for small businesses. We will continue to expand our community-focused financial support that can be directly felt in the field."