Econ
Prime Minister Phuc received CEO of KB Kookmin Bank
At the headquarter of the Government, Prime Minister Nguyen Xuan Phuc yesterday hosted reception for Chief Executive Officer (CEO) of KB Kookmin Financial Group (Korea), Mr. Yoon Jong-Kyoo.
PM Nguyen Xuan Phuc welcomed Chief Executive Officer Yoon Jong-kyoo at the Government Headquarter
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At the reception, PM Nguyen Xuan Phuc called on KB Kookmin Bank to expand financial operations in Vietnam. The Government chief praised the Korean financial group for sharing experience in social housing development and for supporting startup movement in Vietnam. He also welcomed the financial group to join the Government’s efforts in restructuring commercial banks, including purchasing them.
COE Yoon expressed his wish to further expand investment in Vietnam, especially in such fields like banking, securities, insurance, and social housing development. Yoon said the group expects to cooperate with competent agencies of Vietnam to organize a seminar to seek ways for social housing development for low incomers.
Prime Minister Nguyen Xuan Phuc welcomed the Group to support the movement for youth entrepreneurship and KB Kookmin will actively participate in the restructuring of commercial banks, including the acquisition of banks in Vietnam. The Prime Minister said that the market potential of the Vietnam Bank Card, it is a promising sector for the Group's investment.
He affirmed that the Government of Vietnam will maintain macroeconomic stability, creating a favorable investment environment for foreign investors, including KB Kookmin. KB Kookmin is the leading conglomerates of Korea, multidisciplinary activities in the fields of finance, banking, securities, insurance, asset management, consumer finance. The Group established a representative office in Ho Chi Minh City in 2007.
