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KB Financial's new chair conducts first leadership reshuffle of subsidiary heads

KB Financial Group s CEO recommendation committee announced leadership changes in six of its subsidiaries on Thursday. Out of the eight CEOs of the financial group s affiliates whose terms expire at the end of the year, six are to be replaced through personnel reshuffles. ....

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Credit card industry seeks growth amid market challenges

Major local card companies are seeking new growth momentum as they vow to weather looming economic threats. Both incumbent and newly appointed CEOs of these companies urged their employees to differentiate themselves from other companies services to seek growth. ....

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Banks seek to pay interim dividends following earnings surprise


Banks seek to pay interim dividends following earnings surprise
Posted : 2021-04-25 16:06
Updated : 2021-04-25 17:02
Seen above are headquarters of Korea s four major financial holding firms including KB, Shinhan, Hana and Woori. Courtesy of each firm
By Park Jae-hyuk
The nation s four major financial holding companies expressed their intentions last week to pay interim dividends to shareholders this year following better-than-expected quarterly earnings.
The move is widely viewed as an effort to win back investors who were disappointed by the relatively low dividend payments last year. Domestic financial firms were forced by regulators last year to cut their dividends ratio to below 20 percent to bolster their financial soundness amid the COVID-19 pandemic ....

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KB Financial Group Inc (KB) Q1 2021 Earnings Call Transcript


KB Financial Group Inc (KB) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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KB Financial Group Inc (NYSE: KB)
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Head of Investor Relations
Greetings. I am Peter Kwon, Head of IR at KB Financial Group. We will now begin the 2021 Q1 Earnings Release Presentation.
I would like to express my gratitude to everyone for your participation. We have here with us at today s earnings release, KBFG SEVP, Hwan Ju, who is our Group CFO, as well as other executives from the Group. We will first hear SEVP Hwan Ju s presentation on 2021 Q1 major business highlights, and then we will engage in a Q&A session. ....

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