Maintaining the Top Position in Customer-Managed DC and IRP Markets for 18 and 15 Consecutive Years, Respectively
KB Kookmin Bank announced on July 18 that it has become the first among all retirement pension providers to reach KRW 50 trillion in retirement pension assets under management.
KB Kookmin Bank achieved KRW 45 trillion in retirement pension assets under management in September last year, and reached KRW 50 trillion just 10 months later. This accomplishment is the result of consistently providing customer-focused retirement pension products and services.
In particular, KB Kookmin Bank continues to rank first in the amount of DC and IRP retirement pension assets, which are directly subscribed to and managed by customers. The bank has maintained the top position in DC-type retirement pension assets for 18 consecutive years, and in individual IRP assets for 15 consecutive years.
Additionally, KB Kookmin Bank plans to launch the 'Retirement Pension AI Investment Discretionary Service' in August to improve retirement pension returns, and in September, it will introduce the 'Retirement Pension Portfolio Asset Management Service' based on MyData. Through these services, the bank will analyze customers' assets and offer customized services by recommending investment portfolios tailored to their objectives.
A representative from KB Kookmin Bank stated, "Reaching KRW 50 trillion in retirement pension assets is the result of our continued efforts to provide stable services to our customers," adding, "We will continue to innovate and strive to become a reliable partner for our customers' retirement."
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