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Our History

See how KBFG has developed over the years.

Our History About Us Our History
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Growing into
a Global Financial Institution

2008 - Present

KB Financial Group, with its origin rooted in
Kookmin Bank and Housing & Commercial Bank, 

 
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was established in 2008 to better serve our clients and deliver more value. KB Financial Group has become a truly comprehensive financial group with a total of 13 subsidiary companies, having Woori Financial, LIG Insurance, Hyundai Securities and Prudential Life as new family members for the enhancement of business in the non-bank sector. As Korea's leading financial institution, we are providing a full range of financial products and services to our clients to make their financial lives better. We strive to innovate and move forward continuously to bring more value and drive growth.

2021

Dec

KB Financial Group receives a “Leadership A” rating from the 2021 Carbon Disclosure Project (CDP).

Nov

Prudential Life Insurance scores the best grade, AAA, for the insurance solvency from the Korea Investors Service for 3 consecutive years.
KB Financial Group is ranked the Global No. 1 for the banking industry category on the “Dow Jones Sustainability Indices (DJSI)” for the first time in the nation as a domestic financial institution. KB Financial Group is ranked the Global No. 1 for the banking industry category on the “Dow Jones Sustainability Indices (DJSI)” for the first time in the nation as a domestic financial institution.
KB Insurance acquires the final permission to launch the Mydata project for the first time in the insurance industry.
KB Kookmin Bank launches the financial platform for Z generation, “Live Next”. KB Kookmin Bank launches the financial platform for Z generation, “Live Next”.

Oct

KB Insurance founds the “KB Healthcare”, the healthcare subsidiary for the first time in the insurance industry.
KB Financial Group receives the “SBTi” certification for the first time in Asia as a financial company and in the nation. KB Financial Group receives the “SBTi” certification for the first time in Asia as a financial company and in the nation.
KB Kookmin Bank is certified to launch the KB mobile bank certificate and electronic signature authentication. KB Kookmin Bank is certified to launch the KB mobile bank certificate and electronic signature authentication.
KB Kookmin Bank acquires a 100 percent stake in Cambodia's Prasac Microfinance Institution (PMI).
KB Kookmin Bank launches the “New Star Banking” that provides customer-centered banking services.
KB Financial Group receives A+ in all files on the KCGS ESG evaluation for two consecutive years.
KB Kookmin Card receives the A+ for the financial company’s Governance structure evaluation for two consecutive years for the first time in the credit card industry.

Sep

KB Financial Group joins Renewable Electricity 100% (RE100) for the first time in the nation as a financial group. KB Financial Group joins Renewable Electricity 100% (RE100) for the first time in the nation as a financial group.

Jun

KB Financial Group proclaims the mid to long term carbon neutral strategy, “KB Net Zero S.T.A.R” KB Financial Group proclaims the mid to long term carbon neutral strategy, “KB Net Zero S.T.A.R”
Prudential Life Insurance ranked first as a “Good Life Insurance Company” for 12 consecutive years by Korea Finance Consumer Federation (2010 – 2021)

May

KB Kookmin Bank launches the “KB Green Wave 1.5℃ Financing Package”.

Apr

KB Financial Group joins SBTi and PCAF, the global environmental initiatives.
KB Financial Group receives CDP’s Carbon Management Sector Honors for 4 consecutive years.

Feb

KB Kookmin Bank joins the Equator Principles. KB Kookmin Bank joins the Equator Principles
KB Kookmin Card successfully enters the market in Thailand for the first time as a credit finance corporation in the nation. KB Kookmin Bank joins the Equator Principles
KB Asset Management exceeds KRW 100 trillion in operating assets.

Jan

KB Financial Group is selected for the Bloomberg Gender-Equality Index companies for three consecutive years.
KB Securities launches a Vietnamese digital financial platform, “KB Fina”.

2020

Dec

KB Financial Group concludes an MOU with International Finance Corporation (IFC), a member of the World Bank.
KB Kookmin Bank’s KB Mobile Authentication Certificate is finally selected in the pilot project for e-signature in the public sector.
KB Kookmin Bank is ranked No. 1 in the bank sector in the 2020 National Customer Satisfaction Index (NCSI) (14 times in total).

Nov

KB Financial Group is named to the Global Sustainable Management Evaluation, “DJSI World Index” for 5 years in a row. KB Financial Group is named to the Global Sustainable Management Evaluation, “DJSI World Index” for 5 years in a row.
KB Securities achieves WM customer asset of 100 trillion won.

Oct

KB Kookmin Card launches mobile payment service “KB Pay.” KB Kookmin Card launches mobile payment service “KB Pay.”
KB Financial Group receives A+ in all fields in the KCGS ESG evaluation and selected as an “enterprise with the highest ranked in ESG.”

Sep

KB Financial Group announces “coal-free banking” first as a domestic financial group.
KB Financial Group officially launches Prudential Life Insurance. KB Financial Group officially launches Prudential Life Insurance.

Aug

KB Financial Group is included as an affiliate of Prudential Life Insurance.

Jul

KB Savings Bank launches mobile bank “kiwibank.” KB Savings Bank launches mobile bank “kiwibank.”

Jun

KB Financial Group signs a strategic partnership with The Carlyle Group
KB Asset Management exceeds KRW 80 trillion in operating assets

May

The numbers of subscribers of KB Kookmin Bank’s “KB Mobile Certificate” reaches 3.6 million The numbers of subscribers of KB Kookmin Bank’s “KB Mobile Certificate” reaches 3.6 million
KB Capital launches “Sunindo Kookmin Best Finance Corporation” in Indonesia KB Capital launches “Sunindo Kookmin Best Finance Corporation” in Indonesia

Apr

KB Financial Group receives Carbon Management Sector Honors Award in the financial sector of “CDP Climate Change 2019” for 3 consecutive years receives Carbon Management Sector Honors Award in the financial sector of “CDP Climate Change 2019” for 3 consecutive years

Mar

KB Financial Group establishes “ESG Committee”, the group’s top decision-making body for ESG management

Feb

KB Securities opens “Prime Center” to provide digital asset management service opens ‘Prime Center’ to provide digital asset management service
KB Kookmin Card opens “KB Daehan Specialized Bank’s branch” in Seonsok, Cambodia Card opens “KB Daehan Specialized Bank’s branch in Seonsok, Cambodia

Jan

KB Financial Group is included in the 2020 Bloomberg Gender-Equality Index for 2 consecutive years incorporates in 2020 Bloomberg Gender-Equality Index for 2 consecutive years

2019

Dec

KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 13 times for the first time in the banking sector KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 13 times for the first time in the banking sector

Oct

KB Financial Group is named to DJSI World for 4 years in a row KB Financial Group is named to DJSI World for 4 years in a row
KB Financial Group ranks first on the 2019 Korea Corporate Governance Service‘s Governance Evaluation (for 2 consecutive years)
KB Kookmin Bank launches “Liiv M”, a new mobile service that combines finance and telecommunications KB Kookmin Bank launches “Liiv M”, a new mobile service that combines finance and telecommunications

Sep

KB Financial Group signs up as a signatory to the United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Responsible Banking KB Financial Group signs up as a signatory to the United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Responsible Banking
KB Asset Management opens a representative office in Vietnam KB Asset Management opens a representative office in Vietnam

Aug

KB Financial Group receives ‘A’ from the S & P global credit rating

Jul

KB Kookmin Bank opens the “KB Integrated IT Center” in which the IT infrastructure is concentrated in the new town of Gimpo Han River KB Kookmin Bank opens the “KB Integrated IT Center” in which the IT infrastructure is concentrated in the new town of Gimpo Han River

Jun

KB Financial Group receives an ‘A1’ from the global credit rating agency Moody’s Investors Service

May

KB Securities obtains authorization for short-term financial business

Apr

KB Kookmin Bank launches 'Palm Vein Recognition Service for Cash Withdrawals’ '손으로 출금 서비스' 출시

Mar

KB Kookmin Bank opens 'IB Unit' in London '런던 IB Unit' 개소

Feb

KB Kookmin Bank opens its first branch 'Gurugram Branch' in India 인도 진출 1호점 '구루그람지점' 개설

Jan

KB Financial Group is included in Bloomberg Gender-Equality Index in 2019 for the first time in Korea KB Financial Group is included in Bloomberg Gender-Equality Index in 2019 for the first time in Korea
KB Securities launches ‘Global One-Market,’ where foreign stocks can be traded in Korean won 해외주식 원화거래 '글로벌 원마켓(Global One Market)' 출시

2018

Dec

KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 12 times for the first time in the banking sector KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 12 times for the first time in the banking sector

Nov

KB Kookmin Bank hosts “KB Digital Transformation Announcement Ceremony” KB Kookmin Bank hosts KB Digital Transformation Announcement Ceremony
KB Kookmin Card establishes “Data Open Lab” for big data convergence and commercialization KB Kookmin Card establishes Data Open Lab for big data convergence and commercialization

Oct

KB Financial Group is named to DJSI World for 3 years in a row 글로벌 지속가능경영평가 'DJSI월드지수' 3년 연속 편입

Jul

KB Kookmin Bank opens “Smart Dealing Room” KB Kookmin Bank Opens Smart Dealing Room

May

KB Financial Group announces "KB Dream's Coming Project" aimed at expanding its corporate social responsibility 사회적 책임 확대를 위한 사회공헌 프로젝트 ‘KB Dream’s Coming Project’ 발표

Apr

KB Kookmin Card acquired specialized bank in Cambodia 캄보디아 현지 특수은행 인수
KB Kookmin Bank opens "KB Youth lounge", the first youth cultural space built by the financial institution 금융권 최초 복합문화공간 ‘락스타 청춘마루’오픈

Mar

The number of subscribers of "Liiv", a mobile financial service platform of KB Kookmin Bank, reaches 3 million 간편금융 앱 ‘Liiv’ 가입자 3백만명 돌파

Jan

KB Securities launches "KBSV", the Vietnamese subsidiary 베트남 자회사 ‘KBSV’ 출범
KB Kookmin Bank launched "Kbot SAM", a robo-advisor service 로보어드바이저 ‘Kbot SAM’ 출시

2017

Dec

KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 11 times for the first time in the banking sector

Oct

KB Kookmin Bank opens branch in Tuek Thla, in Cambodia
KB Securities acquires Maritime Securities Incorporation in Vietnam

Sep

KB Financial Group is named to DJSI World for 2 years in a row
KB Kookmin Bank launches “Liiv TalkTalk”, a conversational banking platform

Jul

KB Kookmin Bank adopts Payment Card Industry Data Security Standard (PCI DSS), a global data security standard for credit card

May

KB Kookmin Bank introduces palm vein authentication service
KB Savings Bank launches Simple Authentication Service using fintech for security for the first time in the financial sector

Mar

KB Financial Group files patent application for enhanced app security using blockchain technology
KB Kookmin Bank launches KB Micro Finance Myanmar for improving Myanmar’s housing environment
KB Kookmin Card launches Fraud Detection System (FDS) using AI technology

Feb

KB Kookmin Bank’s Individual Savings Account reaches a balance of KRW 1 trillion
KB Insurance launches Visual ARS service for the first time in the general insurance sector

Jan

Kookmin Bank Hong Kong Limited turns into branch status
The number of subscribers of “Liiv”, mobile financial service platform, reaches 1 million

2016

Dec

KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 10 times for the first time in the banking sector ranks first in National Customer Satisfaction Index (NCSI) for 10 times for the first time in the banking sector

Nov

KB Kookmin Card launches "Liiv Mate", Korea's first convergence membership platform between finance and telecommunication

Sep

KB Financial Group is named to DJSI World for the first time KB Financial Group is named to DJSI World for the first time
KB Kookmin Bank launches "Liiv KB Cambodia", a global digital bank in Cambodia KB Kookmin Bank launches 'Liiv KB Cambodia', a global digital bank in Cambodia

Aug

The number of KB Kookmin Bank's retail customers exceeds 30 million for the first time in the banking sector The number of KB Kookmin Bank's retail customers reaches 30 million for the first time in the banking sector

Jun

KB Kookmin Bank launches "Liiv", a mobile financial service platform KB Kookmin Bank launches 'Liiv', a mobile financial service platform
KB Capital launches 'KB ChaChaCha', an online platform for buying and selling used cars

May

Hyundai Securities is merged with
KB Financial Group
KB Financial Group opens the first branch in branch specialized in corporate finance for the first time in the financial sector KB Financial Group opens the first branch in branch specialized in corporate finance for the first time in the financial sector

Feb

KB Capital signs joint venture agreement to establish automobile hire-purchase finance company in Laos KB Capital signs joint venture agreement to establish automobile hire-purchase finance company in Laos
KB Financial Group acquires stake in FinTech start-up through crowdfunding for the first time in the financial sector

Jan

KB Financial Group obtains ISMS certification for the first time among financial holding companies

2015

Dec

KB Kookmin Bank starts
"Nara Sarang Card" business KB Kookmin Bank starts 'Nara Sarang Card' business
KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 9 times for the first time in the banking sector ‘KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 9 times for the first time in the banking sector
KB Kookmin Bank opens branch in Shanghai, China KB Kookmin Bank opens branch in Shanghai, China

Oct

KB Financial Group is named to DJSI Asia Pacific for 7 consecutive years

Sep

KB Financial Group opens branch in branch combining bank, securities, general insurance and life insurance for the first time in the industry KB Financial Group opens branch in branch combining bank, securities, general insurance and life insurance for the first time in the industry

Aug

KB Kookmin Bank launches
'KB bizstore', a FinTech business platform for enterprises KB Kookmin Bank launches 'KB bizstore', a FinTech business platform for enterprises

Jun

KB Insurance officially launches KB Insurance officially launches

Apr

KB Financial Group opens Cheongdam PB Center, the-first-of-its-kind branch in branch

Mar

KB Financial Group opens
KB FinTech HUB center KB Financial Group opens KB FinTech HUB center

Jan

KB Financial Group launches incubation initiatives for
FinTech start-ups

2014

Nov

Jong Kyoo Yoon is appointed to KB Financial Group Chairman and KB Kookmin Bank CEO Jong Kyoo Yoon is appointed to KB Financial Group Chairman and KB Kookmin Bank CEO

Jun

KB Financial Group signs stock purchase agreement to acquire
LIG Insurance

Apr

KB Capital signs MOU with Mahindra Finance to establish a joint auto financing firm KB Capital signs MOU with Mahindra Finance to establish a joint auto financing firm

Mar

KB Capital officially launches as KB Financial Group's eleventh affiliate KB Capital officially launches as KB Financial Group's eleventh affiliate

Jan

YHS Savings Bank is merged with
KB Savings Bank YHS Savings Bank is merged with KB Savings Bank

2013

Dec

KB Kookmin Bank opens representative office in Yangon, Myanmar KB Kookmin Bank opens representative office in Yangon, Myanmar
KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 8 consecutive years for the first time in the banking sector KB Kookmin Bank ranks first in National Customer Satisfaction Index (NCSI) for 8 consecutive years for the first time in the banking sector
KB Kookmin Card ranks first in National Customer Satisfaction Index (NCSI) for 2 consecutive years KB Kookmin Card ranks first in National Customer Satisfaction Index (NCSI) for 2 consecutive years

Sep

YHS Savings Bank is merged with
KB Financial Group

Jul

Young Rok Lim is appointed to
KB Financial Group Chairman Young Rok Lim is appointed to KB Financial Group Chairman

Apr

KB Kookmin Bank re-starts national housing fund business KB Kookmin Bank re-starts national housing fund business

Mar

KB Kookmin Card enacts Charter of Consumer Rights KB Kookmin Card enacts Charter of Consumer Rights

Feb

KB Kookmin Bank enacts Charter of KB Consumer Rights

Jan

KB Asset Management's AuM exceeds KRW 30 trillion KB Asset Management's AuM exceeds KRW 30 trillion

2012

Nov

KB Kookmin Bank launches Kookimin Bank (China) Limited and branch in Beijing, China KB Kookmin Bank launches Kookimin Bank (China) Limited and branch in Beijing, China

Sep

KB Kookmin Bank signs MOU with ADCB of United Arab Emirates KB Kookmin Bank signs MOU with ADCB of United Arab Emirates

Aug

KB Kookmin Bank opens branch in Osaka, Japan KB Kookmin Bank opens branch in Osaka, Japan

Jun

KB Kookmin Bank signs business agreement with ICIC Bank of India and opens Mumbai representative office in Mumbai, India KB Kookmin Bank signs business agreement with ICIC Bank of India and opens Mumbai representative office in Mumbai, India

Mar

KB Kookmin Card launches smartphone app KB Kookmin Card launches smartphone app

Feb

KB Financial Group launches financial education program named "KB Economy & Financial Education Class" KB Financial Group launches financial education program named
KB Kookmin Bank achieves triple crown in international IT certifications triple crown for the first time in the industry

Jan

KB Savings Bank
KB Savings Bank is founded KB Savings Bank is founded

2011

Dec

KB Kookmin Bank hosts "2011 KB Good Job Live Interview Job Fair" KB Kookmin Bank hosts '2011 KB Good Job Live Interview Job Fair'

Jun

KB Kookmin Bank opens branch in Ho Chi Minh City, Vietnam KB Kookmin Bank opens branch in Ho Chi Minh, Vietnam

May

KB Financial Group establishes
KB Foundation
The number of KB Kookmin Bank's smart phone banking users exceeds
1 million for the first time in Korea The number of KB Kookmin Bank's smart phone banking users reaches 1 million for the first time in Korea

Mar

KB Kookmin Card officially launches as a stand-alone credit card firm KB Kookmin Card officially launches as a stand-alone credit card firm

Jan

KB Kookmin Bank starts job fair program named "KB Good Job" KB Kookmin Bank starts job fair program named 'KB Good Job'
KB Kookmin Bank opens its first and second "樂star Zone", exclusive branch for college students KB Kookmin Bank opens its first and second '樂star Zone', exclusive branch for college students

2010

Dec

KB Financial Group starts "Warm Winter Sharing" volunteer campaign (has been running every December since 2010) KB Financial Group starts 'Warm Winter Sharing' volunteer campaign (has been running every December since 2010)

Nov

KB Kookmin Bank obtains
ISO 9001/14001 certification KB Kookmin Bank obtains ISO 9001/14001 certification

Sep

KB Kookmin Bank opens the Korea's first moving automated bank branch KB Kookmin Bank opens the Korea's first moving automated bank branch

Aug

Yoon Dae Euh is appointed to KB Financial Group Chairman Yoon Dae Euh is appointed to KB Financial Group Chairman

Jul

KB Kookmin Bank opens branch in Suzhou, China KB Kookmin Bank opens branch in Suzhou, China

May

KB Financial Group starts "Community Service Month" volunteer campaign (has been running every May since 2010) KB Financial Group starts

Apr

KB Kookmin Bank launches "KB Star Banking" service

Feb

KB Financial Group introduces integrated loyalty program for customers KB Financial Group introduces integrated loyalty program for customers

Jan

KB Financial Group opens the first branch in branch combining bank and securities firm KB Financial Group opens the first branch in branch combining bank and securities firm

2009

Nov

KB Kookmin Bank obtains international certifications for all of its IT services for the first time in the Korean financial sector KB Kookmin Bank obtains international certifications for all of its IT services for the first time in the Korean financial sector

Oct

KB Financial Group is named an industry leader in Carbon Disclosure Project (CDP) KB Financial Group is named an industry leader in Carbon Disclosure Project (CDP)
KB Financial Group is included in DJSI Asia Pacific for the first time

Jul

KB Startup Investment changes company name to KB Investment KB Startup Investment changes company name to KB Investment

Jun

KB Life Insurance opens the first branch in Mapo, Seoul KB Life Insurance opens the first branch in Mapo, Seoul

Apr

KB Financial Group launches the first hybrid products combining banking, credit, securities and insurance features: KB Plustar Account, KB Plustar SAVE Card KB Financial Group launches the first hybrid products combining banking, credit, securities and insurance features: KB Plustar Account, KB Plustar SAVE Card

2008

Oct

KB Financial Group becomes listed on the Korea Stock Exchange KB Financial Group becomes listed on the Korea Stock Exchange

Sep

KB Financial Group Inc. officially launches and becomes listed on the New York Stock Exchange KB Financial Group Inc. officially launches and becomes listed on the New York Stock Exchange

Jul

Young Gi Hwang is appointed to KB Financial Group Chairman Young Gi Hwang is appointed to KB Financial Group Chairman
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