IBK Bank has introduced a new fuel card aimed at corporate clients facing increased fuel costs due to high oil prices.
The bank announced on September 1 the launch of the 'B-OIL' card, a specialized fuel card for corporate customers.
The B-OIL card offers a discount of 100 won per liter at all domestic gas stations, including SK Energy and GS Caltex, regardless of the type of fuel. Electric and hydrogen vehicles can receive a 10% discount on charging costs.
The discount limit for small businesses has also been increased. Customers who submit a small business verification certificate can receive discounts of up to 100,000 won per month, while large and medium-sized enterprises can benefit from a maximum discount of 50,000 won per month.
The card is available to corporate clients, with an annual fee of 3,000 won for domestic use (BC) and 5,000 won for international use (Mastercard).
An IBK Bank official stated, "We believe this will help reduce the burden of fuel and operational costs for our corporate clients and small businesses during this period of high oil prices. We will continue to introduce various financial products for small and medium-sized enterprises."
The bank announced on September 1 the launch of the 'B-OIL' card, a specialized fuel card for corporate customers.
The B-OIL card offers a discount of 100 won per liter at all domestic gas stations, including SK Energy and GS Caltex, regardless of the type of fuel. Electric and hydrogen vehicles can receive a 10% discount on charging costs.
The discount limit for small businesses has also been increased. Customers who submit a small business verification certificate can receive discounts of up to 100,000 won per month, while large and medium-sized enterprises can benefit from a maximum discount of 50,000 won per month.
The card is available to corporate clients, with an annual fee of 3,000 won for domestic use (BC) and 5,000 won for international use (Mastercard).
An IBK Bank official stated, "We believe this will help reduce the burden of fuel and operational costs for our corporate clients and small businesses during this period of high oil prices. We will continue to introduce various financial products for small and medium-sized enterprises."
* This article has been translated by AI.
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