KB Kookmin Bank
|Traded as||KRX: 060000
|Headquarters||Jung-gu, Seoul, South Korea|
|Key people||Min Byong Deok, (CEO)|
|Revenue||US$26.5 billion (2012)|
|Revised Romanization||KB Gungmin Eunhaeng|
|McCune–Reischauer||KB Kungmin Ŭnhaeng|
Kookmin intended to take over Korea Exchange Bank, a government-owned bank with offices in foreign countries, by the end of 2006, to facilitate foreign exchange and corporate banking (as in contrast Kookmin is better known for its consumer banking services). The deal to buy Korea Exchange Bank was contingent on not finding any evidence of criminality when the Lone Star Equity Funds purchased Korea Exchange Bank in 2003. However as of December 2006, the takeover will not happen having been cancelled by Lone Star.
In Sep, 2004, Kookmin Bank set to restate its 2003 and 2004 earnings after a financial watchdog found the bank avoided $270 million in taxes.
On March 18, 2008, the share price was US$51.40.
- List of South Korean companies
- List of Banks in South Korea
- List of Korea-related topics
- Economy of South Korea
- Kookmin Bank FC, K-2 league football team.
- source: "The Monday Interview: Empire-builder with designs on a global 'super-bank'" in Monday June 26, 2006 issue of Financial Times newspaper p. 6 (possibly available online with subscription from www.ft.com)
- "Kookmin Bank set to revise earnings on probe result".
- KB Kookmin Bank Homepage
- KB Kookmin Bank Business Release
- Yahoo! Finance page for KB
- Yahoo! Finance page for 060000.KS
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