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JB Financial Group

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JB Financial Group is a South Korean financial group with five domestic affiliates and four overseas subsidiaries.

Last updated September 15, 2026

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Overview

JB Financial Group (JB금융그룹) is a comprehensive financial group whose domestic affiliates include Jeonbuk Bank, Kwangju Bank, JB Woori Capital, JB Asset Management and JB Investment, alongside overseas subsidiaries PPCBank, JB PPAM, JB Capital Myanmar and JB Securities Vietnam. Its chairman is Kim Ki-hong. The group operates branches in South Korea, Cambodia, Myanmar and Vietnam, and is part of the Net-Zero Banking Alliance.

History

JB Financial Group's history page records milestones from 1969 onward. In 2015 the group confirmed its CI, and in 2016 Jeonbuk Bank completed the acquisition of Cambodia's Phnom Penh Commercial Bank (PPCBank). In 2017 JB Capital Myanmar was incorporated as a grandchild company, and in 2018 Kwangju Bank became a wholly owned subsidiary through a comprehensive share exchange. In 2019 Kim Ki-hong took office as chairman of JB Financial Group. In 2020 a Vietnamese securities firm was acquired and renamed JB Securities Vietnam, and in 2021 JB Phnom Penh Asset Management was incorporated as a wholly owned grandchild company. In 2022 Mega Investment was brought in as a subsidiary and renamed JB Investment, and the group declared a Net-Zero target. In 2023 the group marked the 10th anniversary of the founding of JB Financial Group. In 2024 the group opened its training center 'Aureum Campus' and signed strategic investment agreements with startups and B2B solution firms. In 2025 the group received an MSCI ESG rating of AAA and was included in the DJSI Korea Index.

Recent events

  • Reported

    JB Financial Group launches Data Hub[6]

    JB Financial Group said it launched Data Hub, a platform integrating data from all of its affiliates.

  • Unconfirmed

    Reported

    JB Financial completes acquisition of Morgan Stanley Gateway Securities[7]

    JB Financial Group acquired Vietnam-based brokerage Morgan Stanley Gateway Securities for around $16.1 million. The article reports that the acquisition was completed but does not state its completion date.

  • Reported

    JB Financial agrees to acquire Vietnamese brokerage[8]

    JB Financial Group said it signed a share purchase agreement with Hanoi-based Morgan Stanley Gateway Securities. Under the agreement, JB Financial would hold a 100 percent stake in the brokerage.

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