|Hur Yin, CEO of Kookmin Bank, speaks at the opening ceremony. — VNS Photo Hải Thanh|Viet Nam News
HÀ NỘI — Kookmin Bank (under Korean KB Group) opened its first branch in Hà Nội on the 25th floor of Landmark72 building on Wednesday after having received approval from the State Bank of Việt Nam.
Kookmin Bank will provide financial services to Korean Corporations and continuously promote investment in northern Việt Nam. It also plans to develop financial services for individual Vietnamese customers by developing a digital banking service.
CEO Hur Yin said Việt Nam is a great market in which to develop advanced financial services from Korea.
“There are 150,000 Korean people living in Việt Nam and 7,000 Korean enterprises operating in the country, the co-operation and exchange between Việt Nam and Korean will increase rapidly,” he said.
“Apart from financial activities, we will boost social responsibility. We do charity in Tuyên Quang and Phú Thọ Provinces. We also help the University of Social Sciences and Humanities compiling text books in Korean.” — VNS