Kiwoom Securities and K Bank Join Hands for Business Expansion

No.1 Domestic Stock Market Share
First Strategic Business Agreement with Internet Bank

Kiwoom Securities, which has held the number one market share in the domestic stock market for 19 consecutive years, and K-Bank, Korea's first internet-only bank, signed a strategic business agreement (MOU) on the 24th with the goal of discovering new business opportunities and expanding platform operations.

Through this agreement, the two companies plan to collaborate in various areas such as △joint marketing to attract new customers △providing services to activate platform MAU △expanding cross-selling of financial products, aiming to strengthen market competitiveness and enhance customer experience.

Um Ju-seong, CEO of Kiwoom Securities, stated, "Through the partnership with K-Bank, Korea's first internet bank, we expect to combine the strengths of both companies' securities and banking services to provide customers with more innovative and convenient financial services."

Meanwhile, Kiwoom Securities has been continuously strengthening its capabilities as a comprehensive platform by forming strategic partnerships with companies in various industries, including signing an MOU with Hana Tour last April. Additionally, it plans to realize 'differentiated customer value' by developing innovative financial products and providing customized services to customers using Youngwoongmun.