KB Kookmin Bank adds two new branches in India

2024. 10. 20. 14:54
글자크기 설정 파란원을 좌우로 움직이시면 글자크기가 변경 됩니다.

이 글자크기로 변경됩니다.

(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.

KB Kookmin Bank officials pose for a photo at the opening ceremony of the bank's Pune branch on Wednesday. (KB Kookmin Bank)

KB Kookmin Bank said on Sunday that services will begin on Monday at its new branches in Chennai and Pune as the Korean bank seeks to expand its footing in the Indian market.

Chennai, the largest city in southern India, serves as a major commercial and manufacturing hub, while Pune, in India’s western coastal region, is an emerging center for cutting-edge industries such as information technology and biotechnology.

Including its Gurugram branch, which opened in 2019, KB Kookmin Bank now has three branches in India. The expansion was given approval by the Reserve Bank of India just four months ago, as the Korean bank aims to strengthen its presence in the country.

The new branches in Chennai and Pune will offer a range of services, including lending, deposits, export-import financial services, as well as general and digital banking services for individual customers. Together with its existing branch, KB Kookmin Bank said it plans to provide financial solutions tailored to each Indian client’s needs.

“We will make efforts to meet the financial needs of Chennai and Pune. Given the immense potential of the Indian market, we hope to become a trusted financial partner for our customers,” said a KB Kookmin Bank official.

The launch of additional locations comes as South Korea and India are bolstering their economic cooperation. According to the Korea International Trade Association, Korea’s exports to India reached $18.9 billion in 2022, up from $15.6 billion in 2021.

By Park Min-ha(en23mp@heraldcorp.com)

Copyright © 코리아헤럴드. 무단전재 및 재배포 금지.

이 기사에 대해 어떻게 생각하시나요?