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KB Financial Group Inc.KB
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KB Financial Group Inc. provides a range of banking and related financial services to consumers and corporations in South Korea and internationally.

The company operates through seven segments: Retail Banking, Corporate Banking, Other Banking, Credit Card, Securities, Life Insurance, and Non-Life Insurance.

It offers loans, deposit products, and other related financial products and services to large, small, and medium-sized enterprises, as well as individuals and households; investment banking, and brokerage and supporting services; life insurance products; non-life insurance products, including automobile, fire and allied lines, and marine insurance; bancassurance services; and credit sale, cash service, card loan, and other supporting services.

The company also engages in securities and derivatives trading, funding, and other supporting activities.

In addition, it offers foreign exchange transaction; financial investment; credit card and installment financing; financial leasing; real estate trust management; capital investment; collection of receivables or credit investigation; software advisory, development, and supply; investment advisory; claim; management; savings banking; information and communication; and general advisory services.

The company was founded in 1963 and is headquartered in Seoul, South Korea.

Latest News >
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Oct 2, 2024
Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1030 GMT on Monday: ** Verizon Communications ( VZ ) is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, Bloomberg News reported, citing people familiar with the matter. ** British real estate portal Rightmove ( RTMVF ) rejected...
Investors sue Finland for attempt to curb power transmission prices
Investors sue Finland for attempt to curb power transmission prices
Oct 2, 2024
HELSINKI, Sept 30 (Reuters) - Investors in Finland's largest power distributor Caruna are taking the Nordic country to arbitration, the Finnish foreign ministry said, due to the Finnish Energy Authority's attempt to curb rising power transmission prices for ordinary consumers. Investors including U.S. investment firm KKR, Swedish pension fund AMF and Canadian Ontario Teachers' Pension Plan (OTTP) have filed two...
Beijing Stimulus, Tokyo Tight Money Roil Asian Stock Markets
Beijing Stimulus, Tokyo Tight Money Roil Asian Stock Markets
Oct 2, 2024
06:52 AM EDT, 09/30/2024 (MT Newswires) -- Asian stock markets were heavily mixed on Monday with China-exposed exchanges soaring on the outlook for Beijing economic stimulus and property-sector support, but Tokyo sliding on the appreciating Japanese yen and dimming prospects for exporters. Other regional exchanges were also uneven. In Japan, the Nikkei 225 opened sharply lower and could not recover,...
Market Chatter: Nomura Excluded From Several Japanese Yen Bond Deals Over Rule Violation
Market Chatter: Nomura Excluded From Several Japanese Yen Bond Deals Over Rule Violation
Oct 2, 2024
06:47 AM EDT, 09/30/2024 (MT Newswires) -- Nomura Holdings ( NMR ) was excluded as bond manager for multiple Japanese yen bond deals after authorities found market rule breaches, Bloomberg reported late Sunday, citing underwriter announcements. The report added that at least four Japanese companies, including Toyota Finance Corp., Sumitomo Mitsui Trust, and Okinawa Development Finance, removed Nomura as bond...
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