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Finance

KB Financial holds second-half executive workshop to flesh out WM, CIB, AI tasks

KB Financial Group held a workshop for group executives to discuss the direction of its 2027-2029 mid- to long-term management strategy and review execution tasks by affiliate. The group focused on five core agendas: wealth management and pensions, small and midsize corporate sales, corporate and investment banking, insurance, and AI. About 270 executives attended the event, held July 10-11 in Sacheon, South Gyeongsang province.

Finance

KB Financial opens Jeonbuk KB Financial Town to activate asset management hub

KB Financial Group has opened an asset management-focused financial hub in Jeonbuk Innovation City. The group plans to strengthen asset management work linked to the National Pension Service and to provide comprehensive financial services and startup support for local residents and companies. Major affiliates including KB Kookmin Bank, KB Securities, KB Insurance and KB Asset Management will move in. About 350 group employees are expected to be based there.

Finance

Woori Financial Group to pursue 7 trillion won productive investment from startup scouting to IPO

Woori Financial Group is accelerating support for the growth of innovative companies based on a 7 trillion won productive investment plan. It aims to build a linked support system spanning startup discovery, early and follow-on investment, scale-up and initial public offerings to meet funding needs by growth stage. Woori Financial is pursuing a project to provide 90 trillion won in productive and inclusive finance over five years and is detailing the 7 trillion won investment plan.