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Search results for KB Kookmin Bank

Finance

KOSPI enters pause as financial sector faces pressure for inclusive finance

South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.

People & Appointments

KB Kookmin Bank expands social contribution from support for families with disabled members to youth mentoring

KB Kookmin Bank is expanding its social contribution activities, running volunteer programmes to support families with disabled members and providing tailored financial mentoring for young people. The bank said it visited the Mapo Disabled Family Support Center in Seoul with a customer service outsourcing partner and carried out volunteer work, including a 10 million won donation. It also took part in a youth employment and mentoring event to offer one-on-one financial advice.

People

KB Kookmin Bank named South Korea\'s best custodian bank for 12th straight year

KB Kookmin Bank said on Saturday it was named South Korea\'s best custodian bank for the 12th consecutive year at The Asian Banker\'s Global Financial Markets Awards. The company said The Asian Banker highly evaluated the bank\'s stable custody portfolio, IT systems, internal controls and differentiated service competitiveness. KB Kookmin Bank said it currently safekeeps and manages assets for about 270 institutions and about 7,000 funds, including asset managers, government agencies and insurers.