Hosted on MSN28d
S. Korea's 4 major banks to close more offline branches by March
Woori plans to shut down 52 offline bank branches over the cited period to run 659 outlets at end-March, with NH Nonghyup and KB Kookmin planning ... without face-to-face contact with customers ...
CNET on MSN34m
Even Legit Bank Messages Can Seem Scammy. Here's How to Know What's Real
When you open an account, your bank will verify your identity. This is part of a federal law known as Customer Due Diligence, which is designed to ensure that you are who you say you are and that you ...
조선일보29d
Kookmin Bank refunds fees due to system failure affecting transactions on the 17th
Kookmin Bank said on the 18th that it would refund fees paid by consumers due to a system failure that occurred on the 17th. Kookmin Bank stated in a notice on its website that "it will refund ...
Crypto News Flash1d
South Korea’s CBDC Pilot to Involve 100,000 Participants
South Korea’s Bank of Korea will launch a CBDC pilot in April 2025, involving 100,000 users and major banks to test digital ...
The Korea Times1d
BOK to recruit 100,000 participants for digital currency experiment
Around 100,000 participants will have the opportunity to convert their bank deposits into digital tokens for everyday transactions. The BOK and seven banks — KB Kookmin, Shinhan, Hana ...
Amundi Sells 12,676 Shares of KB Financial Group Inc. (NYSE:KB)
Amundi cut its position in KB Financial Group Inc. (NYSE:KB – Free Report) by 22.1% in the 4th quarter, according to its most ...
The Korea Times23d
Woori, KB seek to heal internal divides, eliminate favors for retirees
Since 2020, KB Kookmin Bank signed deals amounting to 23.64 billion won ($16.57 million) with a company invested by more than 4,180 of its former employees. The projects involved hiring security ...
Commercial Observer8d
Amtrak Closes $505M Settlement Over D.C. Union Station
though in 2020 the firm defaulted on $100 million in mezzanine debt tied to the property provided by South Korea’s Kookmin Bank. Rexmark operates as the bank’s U.S. agent. “Although we are sad to no ...
Korea Fund: A Less Favorable Risk/Reward
Korean markets show resilience in 2023, but underlying risks persist. Discover why actively managed KF might limit upside ...
The Korea Herald27d
BOK expected to cut interest rate next week.: poll
an expert from KB Kookmin Bank. Nineteen out of the 21 analysts polled anticipated the key rate to be lowered to 2.5 percent in the first half of this year. The central bank is scheduled to ...
The Business Journals29d
Former Union Station leaseholder wants to stop $505M payout
South Korea’s Kookmin Bank Ltd. held liens on the leasehold from USI through mortgage and mezzanine debt and ultimately took control of Union Station, with Rexmark as asset manager. They were ...
StockNews.com Upgrades KB Financial Group (NYSE:KB) to “Buy”
StockNews.com upgraded shares of KB Financial Group (NYSE:KB – Free Report) from a hold rating to a buy rating in a report released on Thursday morning. Separately, Morgan Stanley upgraded KB ...