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Finance

KB Kookmin Bank launches group-buying time deposit with rate rising with sales

KB Kookmin Bank has launched a time deposit whose interest rate rises as total sales increase. The 2026 first-round group-buying time deposit has a 6- or 12-month term and accepts 1 million won to 20 million won. The product will be sold until Aug. 7, with a total sales cap of 2 trillion won. The final rate is set after sales end, based on sales and an event rate condition.

Finance

KB Financial says it created 828.6 billion won in social value in Q1 through inclusive finance

KB Financial Group said on Wednesday it created 828.6 billion won in social value in the first quarter of 2026 through inclusive finance and social contribution activities. It said its “social value performance” converts the social impact of ESG management activities in financial and non-financial areas into monetary value. The group reported 348.1 billion won from youth, SMEs and regional balance initiatives, and 349.0 billion won from public living safety efforts.