KB Financial Group (NYSE:KB). (NYSE: KB) is a South Korea–based financial holding company formed in 2008 through the spin-off of KB Kookmin Bank from its former parent. The group traces its roots to the establishment of Kookmin Bank in 1963, one of South Korea’s first retail banks, and has since evolved into a diversified financial services platform serving individual, corporate and institutional clients.
The company’s core businesses span commercial and consumer banking, securities brokerage, asset management and insurance. KB Kookmin Bank offers deposit accounts, loans, payments, trade finance and wealth management services. KB Securities provides equity and fixed-income trading, underwriting and advisory services, while KB Asset Management manages mutual funds, alternative investment products and discretionary portfolios. Insurance operations include general insurance through KB Insurance and life coverage via KB Life Insurance, supplemented by leasing and consumer finance activities under KB Capital.
Headquartered in Seoul, KB Financial Group serves a domestic customer base of individuals and businesses and maintains an international network of branches and representative offices across Asia and North America. The group continues to expand its footprint in China, Vietnam, Indonesia and the United States, leveraging digital platforms, strategic partnerships and cross-border capabilities to meet growing demand for integrated financial solutions.
The board of directors and an executive leadership team based in Seoul oversee the group’s strategic direction. Under the stewardship of President and CEO Yoon Jong-kyu, KB Financial Group has prioritized digital transformation, sustainability and customer-centric innovation as it seeks to reinforce its standing among the region’s leading financial institutions.
