Korea Investment & Securities Expands PB Center in 'New Affluent Area' Banpo
Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 20th that it will expand and open the Banpo PB Center on the 30th.
The Banpo PB Center will relocate to the large apartment complex 'Banpo Raemian One Bailey,' which recently began occupancy. The store size has been increased to 490㎡, twice the previous size.
The Banpo PB Center is equipped with exclusive consultation rooms for VIP clients and strengthens services for ultra-high-net-worth individuals by providing comprehensive asset management services through professional PBs. According to Korea Investment & Securities, the number of ultra-high-net-worth clients holding financial assets of over 3 billion KRW in the Banpo area has increased by 93% over the past three years and has risen by 41% compared to last year alone.
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Kim Seong-hwan, Head of the Individual Customer Group, said, "Through the expansion and relocation of the PB Center, we expect to provide systematic asset management services in a comfortable environment," adding, "Considering the characteristics of the area emerging as a new affluent neighborhood, we plan to focus on offering a higher level of services that can meet the diverse needs of ultra-high-net-worth individuals."
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