▶주메뉴 바로가기

▶본문 바로가기

THE INVESTOR
September 26, 2018
Big Reunion

Deals

KB Kookmin Bank sets to re-enter Indonesia

  • PUBLISHED :July 02, 2018 - 15:46
  • UPDATED :July 02, 2018 - 15:46
  • 폰트작게
  • 폰트크게
  • facebook
  • twitter
  • sms
  • print

[THE INVESTOR] KB Kookmin Bank on July 2 said it signed a contract to buy new shares in Indonesian bank Bukopin.

The deal, which has received approval from Indonesia’s financial authorities, will allow the Korean bank to become the second-largest shareholder of the bank, with a 22 percent stake.



Bank Bukopin is the 14th-biggest bank in Indonesia and has 322 branches. 

Once the deal is completed, KB Kookmin Bank will enter the Southeast Asian country for a second time, as it unloaded its holdings in Bank Maybank Indonesia in 2008.

By Park Ga-young (
gypark@heraldcorp.com)

  • facebook
  • twitter
  • sms
  • print

EDITOR'S PICKS