KB Kookmin Bank has been selected as Korea’s best onshore custodian for a consecutive year by Asian Investor, a magazine for the Asia-Pacific financial markets.
The award, dubbed Asian Investor 2011 Korea, was set up in March 2011 by the magazine.
The nation’s largest retail lender Kookmin Bank has emerged as one of Asia’s leading banks.
Its parent KB Financial posted 2.37 trillion won ($2.07 billion) in net profit last year. Its total assets came to 361.6 trillion won, up 28.1 trillion won from a year earlier.
KB Kookmin Bank saw its assets reach 276.7 trillion won.
(
kys@heraldcorp.com)
