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KB Kookmin Card's Indonesian subsidiary marks 30th anniversary

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KB Kookmin Card CEO Lee Chang-kwon, second row fifth from left, poses with company employees at the 30th anniversary celebration of its overseas subsidiary KB Finansia Multi Finance in Jakarta, Indonesia, Monday. Courtesy of KB Financial Group

KB Kookmin Card CEO Lee Chang-kwon, second row fifth from left, poses with company employees at the 30th anniversary celebration of its overseas subsidiary KB Finansia Multi Finance in Jakarta, Indonesia, Monday. Courtesy of KB Financial Group

By Yoon Ja-young

KB Kookmin Card celebrated the 30th anniversary of its Indonesian subsidiary KB Finansia Multi Finance (KB FMF) in Jakarta, Indonesia, Monday.

According to the credit card company, its CEO Lee Chang-kwon attended the ceremony to encourage KB FMF employees and award those with notable accomplishments in sales.

"All the achievements by KB FMF during the past 30 years are based on passion and dedication by all our employees. We have proved our capability during the past 30 years despite unfavorable circumstances such as the global economic recession. I hope KB FMF will rise as the most beloved financial company in Indonesia," Lee said.

Established in 1994, KB FMF is a credit financing company specializing in mortgages for used cars and motorcycles as well as installment financing for durable goods. It was integrated as a subsidiary of KB Kookmin Card after the acquisition of its shares by the credit card company.

Yoon Ja-young yjy@koreatimes.co.kr


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