KB Kookmin Bank claimed first place in terms of returns on non-principal-guaranteed products of defined contribution (DC) retirement pensions and individual retirement pensions (IRPs) among all banks that are retirement plan providers in the Korean market.
According to a disclosure of retirement pension returns as of the end of the first quarter of 2025 on the Financial Supervisory Service¡¯s Integrated Pension Portal, KB Kookmin Bank¡¯s DC retirement plans and individual IRPs had a one-year return of 3.57 percent and 4.01 percent, respectively.
These yields are the highest among Seoul-based commercial banks and the second highest when including all banks and securities companies across the country.
In addition, KB Kookmin Bank¡¯s IRP contributions totaled 16.6 trillion won as of the end of the first quarter of 2025.
During the first quarter of 2025, the bank¡¯s IRP contributions increased by 971.1 billion won, the highest among all banks and the second highest when including securities firms in Korea.
KB¡¯s strong performance is due to the fact that KB has designed retirement pensions to deliver stable returns.
KB Kookmin Bank comes in first in returns on non-principal-guaranteed products of DC retirement pensions and IRPs.
Going forward, KB Kookmin Bank is preparing to introduce new services, such as the Retirement Pension AI Investment Management Service, to empower pension assets to earn stable returns over a long period.
¡°KB Kookmin Bank believes that this result is attributable to KB Kookmin Bank¡¯s efforts to manage customers¡¯ pension assets stably rather than simply following market trends,¡± a KB Kookmin Bank official said.
¡°We will continue to be a reliable retirement companion for people through continuous customer-centered innovation.¡±
Meanwhile, KB Kookmin Bank has claimed the No. 1 position in terms of the amount of DC retirement pensions/IRPs subscribed to and managed by customers.
For 18 consecutive years, from 2007 to 2024, its DC retirement pensions ranked first in terms of contributions. For 15 consecutive years, from 2010 to 2024, its IRPs came first.
KB Kookmin Bank¡¯s DC retirement pensions and IRPs ranked fourth and third, respectively, with average annualized returns of 3.25 percent and 3.06 percent over the past 10 years, according to a disclosure of retirement pension returns as of the end of the first quarter of 2025 on the Financial Supervisory Service¡¯s Integrated Pension Portal.
Creation of Wide Sea Forest
KB Kookmin Bank announced on May 11 that it will create a 30,000-square-meter sea forest by 2027 through the KB Sea Forest Project in celebration of the 13th Sea Arbor Day, on May 10.
The project is an ESG activity to revive marine ecosystems and contribute to realizing carbon neutrality by planting a sea forest, a colony of seagrasses on the southern coast of Korea.
Seagrass colonies, which have excellent carbon absorption capacity, provide spawning grounds and habitats for marine life, and play a key role in marine ecosystem conservation such as cleaning the sea environment and preventing red tides.
KB Kookmin Bank has been working on the project with the Marine Ecology Technology Institute, Korea Fisheries Resources Corporation, and Eco Peace Asia since 2022.
It is currently restoring sea forests off the coast of Namhae-gun and Sacheon-si, Gyeongsangnam-do. In the First-Phase Sea Forest Project, a 10,000-square-meter sea forest was created in Namhae-gun, Gyeongsangnam-do .
Graduation and Enrollment Ceremonies for KB LA School
KB Kookmin Bank announced on May 12 that it held the 2024 graduation ceremony and the 2025 entrance ceremony of KB La School¡¯s high school division at the same time.
KB La School which means ¡°School of Learning with Fun,¡± is a learning sector program of KB Dream Wave 2030, KB¡¯s flagship social contribution project.
It has been providing customized mentoring in learning, career paths, culture and emotional growth to about 23,000 teenagers nationwide for 18 years since 2008.
The event was held at KB Kookmin Bank¡¯s new building with a report on results in 2024 and presentations of best practices, followed by an introduction of the 2025 program, an oath ceremony, and a congratulatory ceremony.