KB Financial Group Inc - Company Profile
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KB Financial Group Inc (KBFGI) is a prominent financial holding company in Korea. The company's main activities include commercial banking, credit cards, asset management, insurance, capital markets activities, and international banking and finance. Its major products and services encompass loans, deposit products, investment banking, brokerage services, and insurance solutions. KBFGI serves a diverse customer base, including individuals, small- and medium-sized enterprises, and large corporate clients, providing financial services tailored to various needs. The company operates an extensive distribution network, including a large number of branches and digital banking platforms. Its geographic presence spans across Asia-Pacific, America, and Europe, targeting a wide range of markets. KBFGI is headquartered in Seoul, South Korea.
KB Financial Group Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits: | Derivative Trading |
| Time | Wealth Management |
| Savings | Asset Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In July, KB Kookmin Bank introduced Indonesian language services on KB Star Banking. |
| 2026 | Contracts/Agreements | In July, KB Kookmin Bank entered into a strategic partnership with Samsung C&T and NewAI to integrate Samsung C&T’s residential platform, Homeniq, KB Kookmin Bank’s wealth management capabilities, and NewAI’s AI-powered tax platform, TaxAI. |
| 2026 | Contracts/Agreements | In July, the company partnered with Google Cloud to integrate the Gemini generative AI model into staff operations and customer consultations. |
Competitor Comparison
| Key Parameters | KB Financial Group Inc | Hana Financial Group Inc | Shinhan Financial Group Co Ltd | Woori Financial Group Inc | BNK Financial Group Inc |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Busan |
| State/Province | - | Seoul | - | - | Seoul |
| No. of Employees | 25,320 | 101 | 21,689 | 78 | 80 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wha Joon Cho | Chairman | Executive Board | 2023 | 69 |
| Jong Hee Yang | Chairman, Chief Executive Officer | Executive Board | 2023 | - |
| Lim Dae Hwan | Senior Executive Vice President; Chief Compliance Officer | Senior Management | - | 61 |
| Jeon Hyo Sung | Chief Human Resources Officer; Managing Director | Senior Management | - | 55 |
| Park Jin Young | Chief Public Relation Officer | Senior Management | - | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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