Kookmin Bank Awarded 'Best Custodian Bank in Korea' by The Asian Banker
Selected as Korea's Best Custodian Bank for 6 Consecutive Years
[Asia Economy Reporter Park Sun-mi] KB Kookmin Bank announced on the 12th that it has been named 'Best Custodian Bank in Korea' by The Asian Banker for six consecutive years.
The Asian Banker, which organizes the awards, is a specialized institution established in Singapore in 1996 that provides research and consulting services related to the financial industry in the Asia-Pacific and Middle East regions. Every year, it selects and announces the best financial institutions through evaluations in various financial sectors.
Regarding KB Kookmin Bank, selected as the 'Best Custodian Bank in Korea,' The Asian Banker highly evaluated its leadership in the Korean custody market, stable IT systems, securing top-level professionals, and providing differentiated services across various assessment criteria.
Based on its custody know-how and competitiveness, KB Kookmin Bank has established itself as the largest custodian institution with the number one market share in the domestic custody market, managing and safeguarding assets for over 200 clients including domestic and international asset management companies, government agencies, and insurance companies, as well as more than 8,000 fund assets.
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A KB Kookmin Bank official said, "Winning the 'Best Custodian Bank in Korea' award for six consecutive years is thanks to the unwavering interest and trust of our clients," adding, "We will proactively respond to the rapidly changing market needs and firmly establish our status as the top custodian bank in Korea."
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