Lee Young-joo (이영주), head of the Custody Business Division (centre), receives the award at the Asian Banker Global Financial Markets Awards in Kuala Lumpur, Malaysia, on May 14. [Photo: KB Kookmin Bank]

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 in South Korea and abroad.

A KB Kookmin Bank official said being selected as South Korea's best custodian bank for 12 straight years was thanks to customers' interest and trust, adding the bank would work to continuously enhance customer value and strengthen internal capabilities.

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#KB Kookmin Bank #The Asian Banker #Global Financial Markets Awards #Kuala Lumpur #Malaysia
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