KB Financial Group Inc ADR (NYSE:KB)

North American company
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Market Info - KB

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Company Info - KB

  • Market Cap$14.575bn
  • SymbolNYSE:KB
  • IndustryFinancial Services
  • Sector-
  • Currency
  • ISINUS48241A1051

Company Profile

KB Financial is the parent company of KB Kookmin Bank, Korea’s largest commercial bank, with a 13.3% share of loans as of December 2019. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the No. 3 player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. it also has KB Capital, which provides leasing and installment finance.KB Financial Group Inc is in the financial service domain. It provides commercial banking, credit cards, asset management, life insurance, capital markets activities and international banking and financial services.

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