Search results for KB
Finance
KB Securities consortium named preferred bidder for Homeplus Yeongdeungpo store purchase
A consortium led by KB Securities was named the preferred bidder for the purchase of the Homeplus Yeongdeungpo store, it said on April 28. The consortium plans to establish a project financing investment vehicle in May and complete procedures for signing the main contract and paying the deposit. It then plans to raise a bridge loan in July to secure ownership and develop apartments on the site after approvals.
Finance
KB Kookmin Bank expands \'KB Hope Finance Center\' nationwide to support vulnerable groups
KB Kookmin Bank said it has expanded its \'KB Hope Finance Center\' from Seoul and Incheon to major hubs nationwide, including Daegu, Daejeon and Busan. The centres support vulnerable customers by providing debt adjustment and credit counselling services. The bank said the centres also guide customers on debt relief systems and policy finance products, including options to switch from high-interest loans. It also introduced an AI agent to strengthen counselling support.
Finance
Four major financial groups\' Q1 results split as AI, digital finance spread
South Korea\'s financial sector has entered the first-quarter earnings season, with non-interest income and non-bank units driving diverging results among major financial holding companies. KB Financial Group, Shinhan Financial Group and Hana Financial Group posted record results, while Woori Financial Group recorded a decline. Strong stock markets lifted securities firms\' earnings, and new savings and investment products were launched. The industry is also accelerating a shift toward AI and digital finance, alongside calls for stronger controls and risk management.
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Finance
FSC cuts rate requirements for mid-interest loans by up to 1.25 points, expands supply
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Finance
KB Kookmin Bank offers free AI cognitive test service to senior customers
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Finance
Brokerages fly on stock market boom as earnings engine for financial holding groups in Q1
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Finance
Woori, KB and Shinhan asset trusts sign MOU for Anyang urban complex development project
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Finance
KB leads, Woori posts decline as non-bank units drive Q1 results for top four financial groups
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Finance
KB Financial Group partners with Seoul Center for Creative Economy and Innovation to support startup ecosystem
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Finance
KB Kookmin Bank revamps non-face-to-face retirement pension service
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Crypto
Global digital asset firms flock to South Korea but legislation stalls
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Finance
KB Securities posts Q1 net profit of 350.2 billion won, up 92.75 percent year on year
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Finance
KB Financial Q1 net profit 1.8924 trillion won, up 11.5 percent on year
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Finance
KB Financial says it created 828.6 billion won in social value in Q1 through inclusive finance
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Finance
Financial groups\' YouTube content racks up hits in South Korea
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People & Appointments
KB Financial joins Earth Day lights-out campaign challenge
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Finance
KB Kookmin Bank builds ERP-linked embedded finance, expands data-driven B2B finance
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Finance
KB Kookmin Bank launches KB Prime Companion Homecoming Service for returning overseas Koreans