South Korea's major financial holding companies saw insurance subsidiaries shift focus to financial soundness and qualitative growth in 2023, with net profits declining but key capital ratios and CSM improving amid a sluggish insurance market.
#YonhapInfomax #KBFinancialGroup #InsuranceProfit #CSM #KICS #ShinhanFinancialGroup #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104450South Korea's National Pension Service is driving major financial groups KB and Shinhan to establish asset management hubs in Jeonju, promising stronger incentives for early movers as competition heats up among domestic and foreign firms.
#YonhapInfomax #NationalPensionService #KBFinancialGroup #ShinhanFinancialGroup #AssetManagement #JeonjuOfficeExpansion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=102955
[Pension Fund Tidbits]Kim Sung-joo Brings KB and Shinhan Financial Groups Together in Jeonju
South Korea's National Pension Service is driving major financial groups KB and Shinhan to establish asset management hubs in Jeonju, promising stronger incentives for early movers as competition heats up among domestic and foreign firms.
National Pension Service Chairman Kim Sung-joo welcomed KB Financial Group's plan to establish KB Financial Town in Jeonbuk Innovation City, highlighting it as a milestone for regional financial development and urging further participation from domestic and global asset managers.
#YonhapInfomax #NationalPensionService #KBFinancialGroup #AssetManagement #JeonbukInnovationCity #FinancialTown #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=102689
Kim Sung-joo, Head of National Pension Service, Welcomes KB Financial Town Project—Expects Further Moves from Domestic and Global Asset Managers
National Pension Service Chairman Kim Sung-joo welcomed KB Financial Group's plan to establish KB Financial Town in Jeonbuk Innovation City, highlighting it as a milestone for regional financial development and urging further participation from domestic and global asset managers.
KB Financial Group is expected to maintain its net redemption stance in 2025, focusing on CET1 ratio improvement as it plans to exercise call options on 795 billion won in hybrid securities, signaling continued reduction in issuance and prioritizing shareholder returns.
#YonhapInfomax #KBFinancialGroup #HybridSecurities #CET1Ratio #CallOption #ShareholderReturns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96969
KB Financial Faces 800 Billion Won Hybrid Securities Call Option Next Year—Will Issuance Shrink Further?
KB Financial Group is expected to maintain its net redemption stance in 2025, focusing on CET1 ratio improvement as it plans to exercise call options on 795 billion won in hybrid securities, signaling continued reduction in issuance and prioritizing shareholder returns.
KB Financial Group has launched South Korea’s only integrated insurance-banking-care branch, introducing age-tech solutions to address the needs of a rapidly aging population, with plans to expand senior-focused services and facilities.
#YonhapInfomax #KBFinancialGroup #AgeTechLab #SuperAgedSociety #SeniorServices #InsuranceBankingIntegration #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101191
[Financial District Tidbits]KB Financial Revives Integrated Insurance-Banking Branches
KB Financial Group has launched South Korea’s only integrated insurance-banking-care branch, introducing age-tech solutions to address the needs of a rapidly aging population, with plans to expand senior-focused services and facilities.
South Korea’s top financial group chairmen are prioritizing a shift to productive finance and future-focused innovation in 2026, emphasizing AI, capital markets, and robust risk management as key strategies for growth and competitiveness.
#YonhapInfomax #ProductiveFinance #KBFinancialGroup #ShinhanFinancialGroup #ArtificialIntelligence #RiskManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98069
Financial Group Chairmen Unite in Calling for 'A New Year of Productive and Future-Focused Financial Innovation'
South Korea’s top financial group chairmen are prioritizing a shift to productive finance and future-focused innovation in 2026, emphasizing AI, capital markets, and robust risk management as key strategies for growth and competitiveness.
KB Financial Group Chairman Yang Jong-hee highlighted the growing importance of securities firms as capital shifts into South Korea’s markets, urging KB Securities to focus on consumer protection and execution-driven growth at its 2026 strategy workshop.
#YonhapInfomax #KBFinancialGroup #KBSecurities #CapitalMarkets #ConsumerProtection #2026StrategyWorkshop #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100501
Yang Jong-hee, Chairman of KB Financial Group – 'Money Moving to Capital Markets, Securities Firms' Role More Crucial'
KB Financial Group Chairman Yang Jong-hee highlighted the growing importance of securities firms as capital shifts into South Korea’s markets, urging KB Securities to focus on consumer protection and execution-driven growth at its 2026 strategy workshop.
South Korea’s top financial holding firms are strengthening credit review units and adopting AI to better identify promising tech and strategic industry borrowers, as competition intensifies under the government’s productive finance push.
#YonhapInfomax #ProductiveFinance #KBFinancialGroup #CreditAssessment #ArtificialIntelligence #CorporateLending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99487KB Asset Management is spearheading KB Financial Group’s venture capital expansion, leveraging its LP expertise and benefiting from eased RWA rules to launch a trillion-won fund-of-funds, aiming for synergy with group affiliates.
#YonhapInfomax #KBAssetManagement #VentureFund #RWA #BISRatio #KBFinancialGroup #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99320
KB Asset Management Sets Sail with Venture Fund—Tasked with RWA Relief and LP Expertise
KB Asset Management is spearheading KB Financial Group’s venture capital expansion, leveraging its LP expertise and benefiting from eased RWA rules to launch a trillion-won fund-of-funds, aiming for synergy with group affiliates.
Yang Jong-hee, Chairman of KB Financial Group – 'Accelerating Business Model Transformation with AI as a Strategic Weapon'
KB Financial Group Chairman Yang Jong-hee announced plans to accelerate business model transformation by leveraging AI, aiming for structural upgrades and expansion into new markets by 2026.
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