KB Kookmin Bank is expanding its presence in Cambodia by merging its two affiliates there - Prasac Microfinance Institution and Kookmin Bank Cambodia. KB aims to intensify rivalry against the country s market leader ABA Bank. The combined net profit of Prasac and Kookmin Bank Cambodia is the second-largest following that of ABA in the Southeast Asian country in the first half.
KB Kookmin Bank is expanding its presence in Cambodia by merging its two affiliates there - Prasac Microfinance Institution and Kookmin Bank Cambodia. KB aims to intensify rivalry against the country s market leader ABA Bank. The combined net profit of Prasac and Kookmin Bank Cambodia is the second-largest following that of ABA in the Southeast Asian country in the first half.