Tag: kb kookmin bank

kb kookmin bank

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BOK to pilot 24-hour offshore won trading system in September

The central bank will operate the network with four local banks in a move that Seoul hopes will boost the country's bid to make an MSCI index.

2026.7.21

KB Financial Group headquarters building in western Seoul [KB FINANCIAL GROUP]

KB Financial's net income soars 11 percent to 5 trillion won in 2024

KB Financial Group on Wednesday said its 2024 net income soared 11 percent from a year earlier, marking the sector's highest of over 5 trillion won, on the back of increased interest income.

2025.2.5

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KB Kookmin Bank to gradually exit from New Zealand

KB Kookmin Bank is pulling out from New Zealand, citing a “strategic review” of the country’s financial market condition.

2024.11.13

KB Kookmin Bank opens two more local branches in India

KB Kookmin Bank officials pose for a photo during an opening ceremony at its Pune branch in India on Oct. 16.

2024.10.20

Pedestrians pass by ATMs from firms including KB Kookmin Bank and Woori Bank in Seoul on Tuesday. [YONHAP]

Hana, KB Kookmin banks raise household loan rates

KB Kookmin Bank and Hana Bank have increased interest rates on household loans.

2024.10.1

KB Financial Group Chairman Yang Jong-hee, left, poses for a photo with Hun Sen, head of the Senate in Cambodia and the former prime minister, during a meeting in Incheon on Wednesday. [KB FINANCIAL GROUP]

KB Financial Group to help expand Cambodia's digital financial sector

Yang Jong-hee, Chairman of KB Financial Group, met with former Cambodian Prime Minister Hun Sen to discuss cooperation in digital finance.

2024.9.11

Financial Supervisory Service Gov. Lee Bok-hyun, second from left, speaks during a meeting with bank CEOs held in central Seoul on Tuesday. [NEWS1]

Financial regulator highlights self-regulation in bank loans, apologizes for confusion

Financial Supervisory Service Gov. Lee Bok-hyun apologized for sowing confusion with mixed signals about loan regulations, and stressed self-regulation by banks in loan issuance.

2024.9.10

KB Financial Group posts 30.5% net profit drop in Q1 due to ELS compensation

KB Financial Group reported net profit of $764.5 million, a 30.5 percent drop for the first quarter, due largely to the payout of compensation for losses from Hong Kong-tied ELS.

2024.4.25

Embezzlement cases at banks cast doubt over internal controls

A series of embezzlement and breach of trust cases among several banks has sparked concern about the financial sector's internal control capabilities.

2024.4.10

KB Financial Group Chairman Yang Jong-hee at the inauguration ceremony held at KB Kookmin Bank's headquarters in western Seoul on Nov. 21. [YONHAP]

KB Kookmin Bank introduces temporary 'retirement' for parents

KB Kookmin Bank is launching a welfare program that will allow employees to take a three-year retirement in order to care for their children while still being eligible for their previous title and salary upon returning.

2023.12.18