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KB Bank Says KB Financial Group Has No Plans to Sell Its Stake
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KB Bank Says KB Financial Group Has No Plans to Sell Its Stake
  • KB Bank clarified that KB Financial Group has no plans to divest its shares; KB Kookmin Bank remains the controlling shareholder.
  • The bank completed the sale of an 85% stake in KB Bukopin Finance to JB Woori Capital on November 4, 2026.
  • Net proceeds totaled IDR 339.97 billion; the divestment strengthens capital by reducing capital deductions and consolidated risk-weighted assets.
  • The remaining 14.24% stake carries a three-year lockup, with put and call options priced using an agreed formula.
  • Post-sale indemnities are capped at 50% of transaction value; no claims had been received as of the clarification.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Bank KB Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32185410) on November 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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