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Home > Company Index > Banking > Banking - Asia & Australia > Kookmin Bank

Kookmin Bank
 PROFILE
It's just wacky, kooky fun at South Korea's Kookmin Bank. It has traditionally focused on providing deposits, loans, and investment services to Korea's citizens and its small and midsized businesses, and its 1998 merger with ailing Korea Long Term Credit (KLTC) allowed it to expand its corporate banking services, which include underwriting, international investment, and foreign investment advising. Since taking on KLTC's loans (some made to precariously situated "chaebol"), Kookmin has sought to raise funds by selling shares to foreign investors. With about 20% of Kookmin's stock, Goldman Sachs is the bank's largest shareholder. The company is planning to buy Korea-based H&CB (formerly Housing & Commercial Bank).

 COMPETITION
Hanvit Bank (dossier)
Korea Exchange Bank (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,986.80
1-Yr. Sales Growth: (18.0)%
Employees: 11,010
Revenue per employee: $634,586.74

 KEY PEOPLE
• Sang-Hoon Kim
    CEO
• Yoo-Hwan Kim
    CFO

 CONTACT INFO
9-1, 2-ka, Namdaemoon-ro, Choong-ku
Seoul 100-703, South Korea
Phone: 82-2-317-2460
Fax: 82-2-3779-8606
Online: Web Site

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