Kookmin
Scope
Date
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Debt financing
Kookmin Bank raises $700 mn in forex bonds amid strong demand
Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...
Apr 30, 2025 (Gmt+09:00)
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Banking & Finance
KB Kookmin Card, UnionPay to cooperate on marketing
South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. ...
Nov 27, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank opens branches in Chennai, Pune
South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...
Oct 21, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank issues €500 mn in covered bonds
South Korea's KB Kookmin Bank said on Tuesday that it issued €500 million ($545 million) in global covered bonds the previous day.Covered bonds...
Oct 15, 2024 (Gmt+09:00)
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Economy
Korea’s credit loans balloon as regulators cap mortgages
Credit loans are ballooning in South Korea as regulators tightened their grips on record-high mortgages to rein in the growth in household lend...
Sep 05, 2024 (Gmt+09:00)
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Banking & Finance
Kookmin to tighten loan limits to cool housing market
Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...
Aug 26, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
Jul 23, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, KB Kookmin Card launch IoT credit card
Samsung Electronics Co. announced on Thursday it launched an Internet of Things (IoT) credit card in collaboration with KB Kookmin Card. The card us...
Jun 27, 2024 (Gmt+09:00)
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Banking & Finance
Kookmin to revive Indonesian banking arm through digitalization
KB Bukopin, the Indonesian banking arm of South Korea’s Koomin Bank, extended its losing streak through the first quarter of this year, weighe...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank, Cambodian Central Bank to build payment system
South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...
May 17, 2024 (Gmt+09:00)
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Private debt
Korea’s Kookmin Bank raises $600 mn in global senior debts
South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...
Apr 30, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Card launches card for overseas payments
KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits sp...
Apr 08, 2024 (Gmt+09:00)
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Banking & Finance
Samsung seeks to launch new super mobile banking app with a local bank
Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...
Mar 25, 2024 (Gmt+09:00)
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Banking & Finance
Korea's Shinhan, Hana accelerate overseas push after record profits
South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...
Mar 14, 2024 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank opens KB Prasac Bank in Cambodia
KB Kookmin Bank announced on Monday that it held an opening event for the integrated commercial bank KB Prasac Bank PLC in Phnom Penh, Cambodia, on ...
Feb 26, 2024 (Gmt+09:00)
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Banking & Finance
Korean banks flock to Poland, Korean Inc.’s new manufacturing hub
South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...
Jan 22, 2024 (Gmt+09:00)
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Korean stock market
Korean ELS investors biting nails over sharp falls in Hong Kong shares
Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...
Nov 24, 2023 (Gmt+09:00)
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Earnings
KB Financial beats profit forecast on higher interest rates
KB Financial Group Inc., South Korea’s top financial holding company by assets, on Tuesday reported better-than-expected net profit in the thi...
Oct 24, 2023 (Gmt+09:00)
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Banking & Finance
Samsung Galaxy to help locate lost credit cards
Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...
Sep 19, 2023 (Gmt+09:00)
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Banking & Finance
Indonesia, Vietnam boost Korean banks’ overseas profits
South Korea’s top four banks posted sharp earnings growth in overseas operations in the first half of this year, buoyed by solid profits in In...
Aug 24, 2023 (Gmt+09:00)
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Banking & Finance
KB Kookmin Bank launches integrated bank in Cambodia
South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the int...
Aug 07, 2023 (Gmt+09:00)
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Banking & Finance
KB Financial logs record profit in Q2, above consensus estimates
South Korea’s second-largest financial institution KB Financial Group Inc. achieved record-high quarterly net profit in the April-June period ...
Jul 25, 2023 (Gmt+09:00)
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Banking & Finance
Kookmin Bank launches foreign currency trading platform KB Star FX
South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...
Jan 17, 2023 (Gmt+09:00)
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Banking & Finance
Kookmin Card acquires Cambodian leasing firm at $5.2 mn
KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...
Jan 13, 2023 (Gmt+09:00)
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Infrastructure
Partners Group wins $620 mn Korean LPs mandate for infra
Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...
Feb 25, 2022 (Gmt+09:00)
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Alternative investments
Kookmin Bank to co-finance $840 mn US solar project
Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...
Jul 22, 2021 (Gmt+09:00)
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Subordinated bond issues
Kookmin Bank sells $500 mn in subordinated bonds to fund ESG projects
South Korea’s Kookmin Bank has issued $500 million in subordinated bonds as part of its efforts to expand loans for environmental, social and go...
Oct 29, 2020 (Gmt+09:00)
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Banks
Kookmin gains foothold in Indonesia after bumping up stake in local bank
Kookmin Bank has increased its stake in Bank Bukopin to become the largest shareholder in the medium-sized Indonesian lender, as it works to boost its...
Aug 26, 2020 (Gmt+09:00)
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Kookmin Bank commits $20 mn to two aircraft junior debt funds
Kookmin Bank, South Korea’s biggest lender, has committed $20 million to two aviation funds to provide junior and mezzanine loans for Airbus and Boein...
Mar 15, 2019 (Gmt+09:00)
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Korean banks flex muscles for alternative assets; Kookmin, Shinhan may invest in KKR’s fund
South Korea’s Kookmin Bank and Shinhan Bank are consdering investing 30 billion won ($26 million) each to a private equity buyout fund which KKR &...
Feb 23, 2017 (Gmt+09:00)
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