KB Kookmin Bank Ranks First Among Commercial Banks in Personal IRP Performance Dividend Product Yield
KB Kookmin Bank has achieved the highest operating yield among commercial banks in the past year for individual retirement pension (IRP) performance-based products.
According to the Financial Supervisory Service's Integrated Pension Portal on the 17th, as of the end of the second quarter, KB Kookmin Bank's individual IRP yield (performance-based products) was 13.62%, the highest among commercial banks. The yields for defined contribution (DC) and defined benefit (DB) performance-based products were also 13.73% and 9.42%, respectively, ranking second among commercial banks and placing them in the top tier.
According to KB Kookmin Bank, the retirement pension DC type has ranked first in asset size for 17 consecutive years, and the individual IRP has ranked first for 14 consecutive years. As of the end of the second quarter of 2024, KB Kookmin Bank's total retirement pension assets were 13.2 trillion KRW for the DC type and 14.3 trillion KRW for the individual IRP, recording the highest market share among all providers.
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A KB Kookmin Bank official stated, "We will continue to establish ourselves as the nation's lifelong financial partner, helping customers enjoy a happy retirement."
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