Details of subsidiaries as of December 31, 2017, are as follows:
|
Investor |
Investee |
Ownership interests (%) |
Location |
Date of |
Industry | |||||||
|
KB Financial Group Inc. |
Kookmin Bank |
100.00 |
Korea |
Dec. 31 |
Banking and foreign exchange transaction | |||||||
|
KB Securities Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Financial investment | ||||||||
|
KB Insurance Co., Ltd.5 |
100.00 |
Korea |
Dec. 31 |
Non-life insurance | ||||||||
|
KB Kookmin Card Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Credit card and installment finance | ||||||||
|
KB Life Insurance Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Life insurance | ||||||||
|
KB Asset Management Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Security investment trust management and advisory | ||||||||
|
KB Capital Co., Ltd.5 |
100.00 |
Korea |
Dec. 31 |
Financial Leasing | ||||||||
|
KB Savings Bank Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Savings banking | ||||||||
|
KB Real Estate Trust Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Real estate trust management | ||||||||
|
KB Investment Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
KB Credit Information Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Collection of receivables or credit investigation | ||||||||
|
KB Data System Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Software advisory, development, and supply | ||||||||
|
Kookmin Bank |
Kookmin Bank Int’l Ltd. (London) |
100.00 |
United Kingdom |
Dec. 31 |
Banking and foreign exchange transaction | |||||||
|
Kookmin Bank Hong Kong Ltd. |
100.00 |
China |
Dec. 31 |
Banking and foreign exchange transaction | ||||||||
|
Kookmin Bank Cambodia PLC. |
100.00 |
Cambodia |
Dec. 31 |
Banking and foreign exchange transaction | ||||||||
|
Kookmin Bank (China) Ltd. |
100.00 |
China |
Dec. 31 |
Banking and foreign exchange transaction | ||||||||
|
KB Microfinance Myanmer Co., Ltd. |
100.00 |
Myanmer |
Dec. 31 |
Other credit granting n.e.c. | ||||||||
|
KB Securities Co., Ltd. |
KBFG Securities America Inc. |
100.00 |
United States of America |
Dec. 31 |
Investment advisory and securities dealing activities | |||||||
|
KBFG Securities Hong Kong Ltd. |
100.00 |
China |
Dec. 31 |
Investment advisory and securities dealing activities | ||||||||
|
KB SECURITIES VIETNAM JOINT STOCK COMPANY |
99.40 |
Vietnam |
Dec. 31 |
Investment advisory and securities dealing activities | ||||||||
|
KB Insurance Co., Ltd. |
KB Claims Survey & Adjusting |
100.00 |
Korea |
Dec. 31 |
Claim service | |||||||
|
KB Sonbo CNS |
100.00 |
Korea |
Dec. 31 |
Management service | ||||||||
|
Leading Insurance Services, Inc. |
100.00 |
United States of America |
Dec. 31 |
Management service | ||||||||
|
LIG Insurance (China) Co., Ltd. |
100.00 |
China |
Dec. 31 |
Non-life insurance | ||||||||
|
PT. KB Insurance Indonesia |
70.00 |
Indonesia |
Dec. 31 |
Non-life insurance | ||||||||
|
KB Golden Life Care Co., Ltd. |
100.00 |
Korea |
Dec. 31 |
Service | ||||||||
|
KB Capital Co., Ltd., KB Kookmin Card Co., Ltd. |
KB KOLAO LEASING Co., Ltd. |
80.00 |
Laos |
Dec. 31 |
Financial Leasing | |||||||
|
Kookmin Bank |
KL 1st Inc. and 27 others2 |
— |
Korea |
Dec. 31 |
Asset-backed securitization and others | |||||||
|
KB Kookmin Card Co., Ltd. |
KB Kookmin Card Third Securitization Co., Ltd., and 9 others2 |
0.50 |
Korea |
Dec. 31 |
Asset-backed securitization | |||||||
|
KB Securities Co., Ltd |
MS Sejong 4th Co., Ltd. and 43 others2 |
— |
Korea |
Dec. 31 |
Asset-backed securitization | |||||||
|
Kookmin Bank, KB Investment Co., Ltd. |
KB12-1 Venture Investment |
100.00 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
KB Start-up Creation Fund |
62.50 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
KB Investment Co., Ltd. |
09-5 KB Venture Fund4 |
33.33 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
KoFC-KB Pioneer Champ No.2010-8Investment Partnership4 |
50.00 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
2011 KIF-KB IT Venture Fund4 |
43.33 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
KoFC-KB Young Pioneer 1st Fund4 |
33.33 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
Kookmin Bank, KB Investment Co., Ltd. |
KB Intellectual Property Fund4 |
34.00 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
Kookmin Bank, KB Insurance Co., Ltd., KB life Insurance, KB Investment Co., Ltd. |
KB High-tech Company Investment Fund |
100.00 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
KB Securities Co., Ltd., KB Investment Co., Ltd. |
KB KONEX Market Vitalization Fund4 |
46.88 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
KB Neo Paradigm Agriculture Venture Fund4 |
50.00 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
KB Investment Co., Ltd. |
KB NEW CONTENTS Venture Fund4 |
20.00 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
KB Young Pioneer 3.0 Venture Fund4 |
40.00 |
Korea |
Dec. 31 |
Capital investment | ||||||||
|
KB Life Insurance Co., Ltd. |
KB Haeoreum Private Securities Investment Trust 1st and 3 others |
100.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Kookmin Bank |
KB Multi-Asset Private Securities Fund (BondMixed-ETF) |
99.27 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Multi-Asset Private Securities Fund (Bond Mixed-ETF) |
Global Diversified Multi-Asset Sub-TrustClass I A |
100.00 | United Kingdom | Dec. 31 |
Investment trust | |||||||
|
Kookmin Bank |
KB Multi-Asset Private Securities Fund S-1(Bond Mixed) |
96.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Multi-Asset Private Securities Fund P-1(Bond Mixed) |
99.96 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Multi-Asset Private Securities Fund P-1(Bond Mixed) |
KB Multi-Asset Private Securities Master Fund P-1(Bond Mixed) |
100.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Kookmin Bank, KB Securities Co., Ltd., KB life Insurance Co., Ltd., KB Real Estate Trust Co., Ltd. |
KB Wise Star Private Real Estate Feeder Fund 1st. |
100.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Wise Star Private Real Estate Feeder Fund 1st. |
KB Star Retail Private Master Real Estate3 |
48.98 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Star Office Private Real Estate Investment Trust 2nd3 |
44.44 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Kookmin Bank, KB Insurance Co., Ltd. |
Hanbando BTL Private Special Asset Fund 1st3 |
46.36 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Kookmin Bank, KB Insurance Co., Ltd., KB life Insurance Co., Ltd. |
KB Hope Sharing BTL Private Special Asset3 |
46.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Kookmin Bank, KB life Insurance Co., Ltd. |
KB Mezzanine Private Securities Fund 2nd. (Mixed)3 |
40.74 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Kookmin Bank, KB Insurance Co., Ltd., KB life Insurance Co., Ltd. |
KB Senior Loan Private Fund3 |
37.39 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
KB Securities Co., Ltd. |
KB Vintage 16 Private Securities Investment Trust 1st3 |
50.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Kookmin Card Co., Ltd. |
Heungkuk Life Insurance Money Market Trust |
100.00 |
Korea |
Dec. 31 |
Trust asset management | |||||||
|
Kookmin Bank |
KB Haeoreum private securities investment trust 70 (Bond)3 |
33.35 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Insurance Co., Ltd. |
KB AMP Infra Private Special Asset Fund 1 (FoFs)3 |
41.67 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Insurance Co., Ltd. KB life Insurance Co., Ltd. KB Investment Co., Ltd. |
KB-Solidus Global Healthcare Fund4 |
43.33 |
Korea |
Dec. 31 |
Capital investment | |||||||
|
Kookmin Bank, KB Insurance Co., Ltd. |
KB KBSTAR Short Term KTB Active ETF |
77.72 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB KBSTAR Mid-Long Term KTB Active ETF |
94.79 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Kookmin Bank |
Samsung KODEX 10Y F-LKTB Inverse ETF (Bond-Derivatives) |
97.15 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
KB Haeoreum private securities investment trust 83 (Bond) |
96.14 | Korea | Dec. 31 |
Investment trust | ||||||||
|
KB KBSTAR KTB 3Y Futures Inverse ETF |
95.65 | Korea | Dec. 31 |
Investment trust | ||||||||
|
KB Insurance Co., Ltd. |
KB Muni bond Private Securities Fund 1 (USD)(bond)3 |
33.33 | Korea | Dec. 31 |
Investment trust | |||||||
|
KB Securities Co., Ltd. |
Jueun Power Middle 7 and 7 others |
100.00 | Korea | Dec. 31 |
Investment trust | |||||||
|
Hyundai You First Private Real Estate Investment Trust No. 1 |
60.00 | Korea | Dec. 31 |
Investment trust | ||||||||
|
Hyundai Smart Index Alpha Securities Feeder Investment Trust No.1 |
98.37 | Korea | Dec. 31 |
Investment trust | ||||||||
|
Hyundai Strong Korea Equity Trust No.1 |
99.73 | Korea | Dec. 31 |
Investment trust | ||||||||
|
Hyundai Kidzania Equity Feeder Trust No.1 |
78.44 | Korea | Dec. 31 | Investment trust | ||||||||
|
Hyundai Value Plus Equity Feeder Trust No.1 |
99.84 | Korea | Dec. 31 | Investment trust | ||||||||
|
Hyundai Strong-small Corporate Trust No.1 |
89.59 | Korea | Dec. 31 |
Investment trust | ||||||||
|
Hyundai You First Private Real Estate Investment Trust No. 153 |
35.00 | Korea | Dec. 31 |
Investment trust | ||||||||
|
JB New Jersey Private Real Estate Investment Trust No. 1 |
98.15 | Korea | Dec. 31 |
Investment trust | ||||||||
|
Hyundai Dynamic Mix Securities Feeder Investment Trust No.1 |
99.94 | Korea | Dec. 31 |
Investment trust | ||||||||
|
Hyudai China Index Plus Securities Investment Trust No.1 |
79.95 | Korea | Dec. 31 |
Investment trust | ||||||||
|
KB Securities Co., Ltd. |
Hyundai Kon-tiki Specialized Privately Placed Fund No.1 |
98.12 | Korea | Dec. 31 | Investment trust | |||||||
|
DGB Private real estate Investment Trust No.8 |
98.77 | Korea | Dec. 31 |
Investment trust | ||||||||
|
LIME GLOBALEYE ALP PRIVATE EQUITY FUND 2 |
68.03 | Korea | Dec. 31 |
Investment trust | ||||||||
|
LIME ORANGE PRIVATE EQUITY FUND 6 |
98.04 | Korea | Dec. 31 |
Investment trust | ||||||||
|
DAEDUCK PARC1 PRIVATE EQUITY FUND 1 |
96.00 | Korea | Dec. 31 | Investment trust | ||||||||
|
LIME PLUTO FI PRIVATE EQUITY FUND D-1 |
99.84 | Korea | Dec. 31 | Investment trust | ||||||||
|
KB Securities Co., Ltd., KB Insurance Co., Ltd., KB Asset Management Co., Ltd. |
KB Star Fund_KB Value Focus Korea Equity |
97.51 | Luxembourg | Dec. 31 | Capital investment | |||||||
|
KB Securities Co., Ltd. |
Aquila Global Real Assets Fund No.1 LP |
99.96 | Cayman islands | Dec. 31 | Capital investment | |||||||
|
Able Quant Asia Pacific Feeder Fund (T.E.) Limited |
100.00 | Cayman islands | Dec. 31 | Capital investment | ||||||||
|
Able Quant Asia Pacific Feeder Fund (T.E.) Limited |
Able Quant Asia Pacific Master Fund Limited |
100.00 | Cayman islands |
Dec. 31 |
Capital investment | |||||||
|
KBFG Securities America Inc. |
Global Investment Opportunity Limited |
100.00 |
Malaysia |
Dec. 31 |
Finance and Real Estate Activities | |||||||
|
Hyundai Smart Index Alpha Securities Feeder Inv Trust 1 |
Hyundai Smart Index Alpha Securities Master Investment Trust |
99.53 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Hyundai Trust Securities Feeder Investment Trust No.1- Bond |
Hyundai Trust Securities Master Investment Trust—Bond |
94.29 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Hyundai Value Plus Securities Feeder Investment Trust 1 and others |
Hyundai Value Plus Securities Master Investment Trust |
100.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Hyundai Dynamic Mix Securities Feeder Investment Trust |
Hyundai Dynamic Mix Securities Master Investment Trust |
98.75 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Hyundai Quant Long Short Securities Feeder Investment Trust |
Hyundai Quant Long Short Securities Master Investment Trust |
100.00 |
Korea |
Dec. 31 |
Investment trust | |||||||
|
Aquila Global Real Assets Fund No.1 LP |
AGRAF Real Estate No.1, Senningerberg |
100.00 | Luxembourg | Dec. 31 |
Asset-backed securitization | |||||||
|
AGRAF Real Estate No.1, Senningerberg |
AGRAF Real Estate Holding No.1, Senningerberg |
100.00 | Luxembourg | Dec. 31 |
Asset-backed securitization | |||||||
|
AGRAF Real Estate Holding No.1, Senningerberg |
Vierte CasaLog GmbH & Co. KG and 2 others |
94.90 | Germany | Dec. 31 |
Real Estate Activities | |||||||
|
KB Asset Management Co., Ltd. |
KB Asset Management Singapore Pte, Ltd. |
100.00 | Singapore | Dec. 31 |
Collective investment and others | |||||||
|
JB New Jersey Private Real Estate Investment Trust No. 1 |
ABLE NJ DSM INVESTMENT REIT |
99.18 | United States of America | Dec. 31 |
Real Estate Activities | |||||||
|
ABLE NJ DSM INVESTMENT REIT |
ABLE NJ DSM, LLC |
100.00 | United States of America | Dec. 31 |
Real Estate Activities | |||||||
|
Heungkuk Global Highclass Private Real Estate Trust 23 |
HYUNDAI ABLE INVESTMENT REIT |
99.90 | United States of America | Dec. 31 |
Real Estate Activities | |||||||
|
HYUNDAI ABLE INVESTMENT REIT |
HYUNDAI ABLE PATRIOTS PARK, LLC |
100.00 | United States of America | Dec. 31 |
Real Estate Activities | |||||||
|
KB Insurance Co., Ltd. |
Dongbu Private Fund 16th |
89.52 | Korea | Dec. 31 |
Investment trust | |||||||
|
Hana Landchip Real estate Private Fund 58th |
99.99 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Hyundai Aviation Private Fund 3rd |
99.96 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Hyundai Power Private Fund 3rd |
99.90 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Hyundai Power Professional Investment Type Private Investment Fund No.4 |
99.78 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB U.S. LongShort Private Securities Fund 1 |
99.44 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Insurance Co., Ltd. |
Hyundai Infra Professional Investment Type Private Investment Trust No.5 |
99.79 | Korea | Dec. 31 |
Investment trust | |||||||
|
KB SAUDI Private Special Asset Fund |
80.00 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Meritz Private Real Estate Fund 8 |
99.36 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Asset Management Co., Ltd. |
KB Global Equity Solution Securities Feeder Fund (Equity-FoFs) |
74.47 | Korea | Dec. 31 |
Investment trust | |||||||
|
KB Global Multiasset Income Securities Feeder Fund (Bond Mixed-FoFs) |
95.26 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Kookmin Bank, KB Securities Co., Ltd., KB Asset Management Co., Ltd. |
KB Everyone TDF 2020 Securities Investment Trust - Bond Balanced-Fund of Funds |
52.28 | Korea | Dec. 31 |
Investment trust | |||||||
|
KB Everyone TDF 2025 Securities Investment Trust - Bond Balanced-Fund of Funds3 |
45.08 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Everyone TDF 2030 Securities Investment Trust - Equity Balanced-Fund of Funds3 |
48.62 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Everyone TDF 2035 Securities Investment Trust - Equity Balanced-Fund of Funds |
60.74 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Everyone TDF 2040 Securities Investment Trust - Equity Balanced-Fund of Funds |
67.04 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Everyone TDF 2045 Securities Investment Trust - Equity Balanced-Fund of Funds |
76.84 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
KB Everyone TDF 2050 Securities Investment Trust - Equity Balanced-Fund of Funds |
52.95 |
Korea |
Dec. 31 |
Investment trust | ||||||||
|
Kookmin Bank |
Personal pension trusts and 10 other trusts1 |
— | Korea | Dec. 31 |
Trust | |||||||
| 1 | The Group controls the trust because it has power that determines the management performance over the trust and is exposed to variable returns to absorb losses through the guarantees of payment of principal, or payment of principal and fixed rate of return. |
| 2 | Although the Group holds less than a majority of the investee’s voting rights, the Group controls these investees as it has power over relevant activities in case of default; is significantly exposed to variable returns by providing lines of credit or ABCP purchase commitments or due to acquisition of subordinated debt; and has ability to affect those returns through its power. |
| 3 | Although the Group holds less than a majority of the investee’s voting rights, the Group controls the investee as it has power over relevant activities by managing the fund; has significant percentage of ownership; is significantly exposed to variable returns which is affected by the performance of the investees; and has ability to affect the performance through its power. |
| 4 | Although the Group holds less than a majority of the investee’s voting rights, the Group controls the investee as it has power over relevant activities by taking the role of an operating manager and it is significantly exposed to variable returns which is affected by the performance of the investees, and has ability to affect the performance through its power. |
| 5 | Became wholly owned subsidiaries by acquiring additional non-controlling interest in the 3rd quarter. |