Kookmin Bank or KB Bank is the largest bank by both asset value and market capitalization in South Korea.
The bank is led by Kang Chung-Won who previously worked for Seoulbank and oversaw it's sale to competitor Hana Bank before coming to Kookmin.
Kookmin is currently supposed to takeover Korea Exchange Bank by the end of 2006, a government owned bank with offices in foreign countries to facilitate foreign exchange and corporate banking. Kookmin is more well known for its consumer banking services. The deal to buy Korea Exchange Bank is contingent on not finding any evidence of criminality when the Lone Star Private Equity Fund purchased Korea Exchange Bank in 2003.
Kookmin had profits of Won 2 950 000 000 000 last year.
source: "The Monday Interview: Empire-builder with designs on a global 'super-bank'" in Monday June 26, 2006 issue of Financial Times newspaper p. 6 (possibly available online with subscription from www.ft.com
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