ING takes 49% of KB Life

The Dutch bank buys into bancassurance channel with Kookmin.
June 02, 2004

Following the successful introduction of bancassurance to South Korea in August 2003, ING group has bolstered its presence in the life insurance market by purchasing a 49% stake in KB Life. Along with Kookmin Bank, ING Group will utilise the KB Life name to provide a unique platform dedicated to bancassurance.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media