KB Financial Group Inc KB

KB Financial Group Inc is a Korean group of companies primarily involved in the provision of financial services to a nationwide customer base. The firm was founded in 2008 and has its headquarters in Seoul, South Korea. The group operates across six segments, namely banking, credit card provision, life insurance, other insurance, securities, and a further segment which is engaged in the maintenance of computer systems and equipment, debt collection, and credit investigation. The firm’s retail banking services are provided via Kookmin Bank.

Trading on the NYSE, KB Financial Group is listed under the stock ticker KB. As of January 2021, the price chart was showing a 52-week high of KRW 48,450 and a 52-week low of KRW 25,850. The company pays a dividend to shareholders and had a quoted dividend rate of 5.01% in January 2021.

The group is committed to long-term expansion. In 2020, it acquired the Prudential Life Insurance Company of Korea Ltd. and the PT Bank Bukopin Tbk. The firm is also committed to sustainability and earned A+ ratings in all environment, social and governance areas in the 2020 KCGS ESG Assessment.

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