KB Kookmin Bank, Awarded 'Korea's Best Custodian Bank' for 7 Consecutive Years

Kim Jong-ran, Executive Director of the Financial Investment Products Division at KB Kookmin Bank, is holding a plaque and posing for a commemorative photo.

[Asia Economy Reporter Kwangho Lee] KB Kookmin Bank announced on the 4th that it has been selected as the Best Custodian Bank in Korea for seven consecutive years at the Asian Banker Financial Market Awards 2021.

Based on its custody know-how and competitiveness, KB Kookmin Bank provides differentiated services that meet customer needs, establishing itself as the top custodian institution in the domestic fund market by safeguarding and managing assets of over 8,000 funds from about 190 trading institutions including domestic and international asset management companies, government agencies, and insurance companies.

The Asian Banker, which hosts the awards, is a specialized organization established in Singapore in 1996 that provides research and consulting services related to the financial industry in the Asia-Pacific and Middle East regions. It selects and announces the best financial companies annually through evaluations in various financial sectors.

The Asian Banker explained, "KB Kookmin Bank was recognized for excellence in areas such as a stable IT system, securing top-level professional personnel, and risk management responding to institutional and environmental changes."

A KB Kookmin Bank official said, "Winning the Best Custodian Bank in Korea for seven consecutive years is thanks to the unwavering interest and trust given to KB Kookmin Bank," adding, "We will proactively respond to the rapidly changing market needs and firmly establish our status as the top custodian bank in Korea."

This content was produced with the assistance of AI translation services.