KB Securities Signs MOU with Hyundai Commercial

KB Securities announced on the 3rd that it had signed a memorandum of understanding (MOU) with Hyundai Commercial on the 31st of last month to strengthen market competitiveness through mutual cooperation in the corporate finance market.

On the 31st of last month, at Hyundai Commercial's Yeouido headquarters, Yang Jinwoo, Head of Corporate Finance at Hyundai Commercial, and Kim Inwoong, Head of Syndication at KB Securities (right), held a commemorative photo during the "Business Agreement Ceremony for Mutual Growth in the Corporate Finance Market." Photo by KB Securities

This agreement focuses on creating new value by initiating collaboration in the field of corporate finance, participating in new real estate project financing (PF), and transferring high-quality assets.

Through this business agreement, KB Securities and Hyundai Commercial have decided to establish a comprehensive cooperation system across the entire corporate finance sector and to leverage their respective expertise in order to expand the market and increase mutual benefits. Specific areas of cooperation will be pursued step by step through mutual consultation.

Amid growing economic volatility and the increasing importance of risk management in the real estate PF market, Hyundai Commercial has expanded from industrial finance to corporate and investment finance, earning industry trust based on its stable asset management capabilities. KB Securities, with capital of approximately 7 trillion won, is a major securities firm with strengths in various fields such as investment banking (IB) and wealth management (WM).

KB Securities has demonstrated stability in the real estate PF market through thorough risk management and the selection of high-quality assets. The company plans to further expand its presence in the corporate finance market by maintaining a solid investment structure and stable asset management.

Kim Inwoong, Head of Syndication at KB Securities, stated, "The partnership with Hyundai Commercial will serve as an important stepping stone in realizing KB Financial Group's comprehensive financial vision," adding, "Together with Hyundai Commercial, we will create new opportunities in the market."

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