Search results for Kookmin Bank
Finance
Small business credit scores to factor in sales, trading areas; 16 banks to apply 2.2 trillion won
A new credit scoring system for small business loan screening will start operating from late August, evaluating future growth potential using data such as sales, local trading areas, employment and online activity in addition to the owner’s past financial history. The scope will expand from 7 banks and 1.8 trillion won to 16 banks and 2.2 trillion won. Authorities also plan to use the model for a dedicated loan product and future guarantee reviews.
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.
Crypto
KB Kookmin Bank to launch import-export payments using JPMorgan Kinexys blockchain network
KB Kookmin Bank said on Saturday it will launch next month a corporate payment service for import and export firms using JPMorgan Kinexys\' blockchain-based payment network. The service follows a memorandum of understanding on blockchain remittances for cross-border payment innovation. The bank said it is the first time a South Korean financial company has used Kinexys for payments to import-export firms. The service will be available at domestic branches and its Singapore branch, initially supporting U.S. dollar remittances to 10 countries.
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Finance
Four major financial groups\' net profit tops 11 trillion won, competition shifts from banks to capital markets
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Fintech
KB Financial expands YouTube healing content \'Star Room\' to offline events
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People & Appointments
KB Kookmin Bank offers tailored job training for vocational high school job seekers
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Finance
KB Financial keeps top spot in first half on non-bank gains despite bank lag
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Finance
KB Financial first-half net profit 3.88 trillion won, non-bank contribution 44 percent
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Finance
Loan shutdown leaves homebuyers short of balance payment; Lee says transitional measures needed
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Crypto
KB Kookmin Bank joins deposit token-based payment infrastructure expansion project
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Finance
Banks to ease conditions for discounted loan rates, recognise debit card spending the same
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Fintech
KB Kookmin Bank nominates AI expert Professor Jung Yoon-kyung as outside director
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Finance
KB Kookmin Bank raises key deposit and savings rates by up to 0.3 percentage point
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Finance
Governance rules added to performance scorecard as fate of South Korea’s top five bank chiefs hangs in balance
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Finance
KB Kookmin Bank offers integrated search for dormant deposits, insurance payouts at 100 financial institutions
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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Finance
KB Kookmin Bank to work with Gangbuk Samsung Hospital on senior wealth, health management
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Finance
KB Kookmin Bank signs deal with KOSDAQ Association to support innovative firms