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99.60000 USD
1.23
1.22%
Last update Apr 2, 3:59 PM EDT
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96.30000
99.75
Previous close
100.83000
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KB Financial Group Inc. - Depositary Receipt ...
99.60
1.23
1.22%

Overview

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Description

KB Financial Group Inc. - Depositary Receipt (Common Stock) is an American Depositary Receipt (ADR) representing shares of the South Korean financial holding company KB Financial Group Inc. It provides investors with convenient access to the company's stock through a 1:1 ratio with the underlying ordinary shares traded under ticker 105560 on the Korea Exchange. KB Financial Group Inc. operates as a holding company that delivers a broad spectrum of financial services via its subsidiaries, including retail banking, corporate banking, investment banking, securities brokerage, asset management, and insurance products. The ADR, with CUSIP 48241A105, facilitates ownership of these common stock interests for U.S. and international investors, enabling participation in South Korea's dynamic financial sector without direct engagement in foreign markets. Established as a key player in Asia's banking landscape, it supports diverse client needs from individuals and small businesses to large corporations and institutional investors, contributing to the stability and growth of the regional economy through integrated financial solutions.

About

CEO
Mr. Jong Hee Yang
Employees
142
Address
26, Gukjegeumyung-ro 8-gil
Yeongdeungpo-gu
Seoul, 07331
Phone
82 2 2073 7114
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
United States
MIC code
XNYS
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Latest press releases

Apr 25, 2025
KB FINANCIAL GROUP INC. FILES ITS ANNUAL REPORT ON FORM 20-F

SEOUL, South Korea, April 25, 2025 /PRNewswire/ -- On April 25, 2025, KB Financial Group Inc. filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission.  The 2024 Annual Report on Form 20-F can be downloaded from www.kbfg.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov.  Investors may request a hard copy of the 2024 Annual Report on Form 20-F, free of charge, by contacting kbir@kbfg.com

About KB Financial Group Inc.

KB Financial Group is Korea's leading financial services provider, offering a broad range of financial products and services. The Group was founded in 2008 to better serve clients, enable growth and deliver value in a rapidly changing financial environment. Our core strengths are our expertise, broad customer base, wide distribution network and strong franchise value.

Under the Group, there are 11 subsidiaries including KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, KB Life Insurance, KB Asset Management, KB Capital, KB Real Estate Trust, KB Savings Bank, KB Investment, and KB Data Systems. Through our businesses, we provide integrated financial solutions and services that help our clients achieve their financial goals and thrive.

For more information, please visit the Investor Relations section of the website of KB Financial Group Inc. at www.kbfg.com.

Contact information regarding this press release:

Mr. Suk Young Sun, Tel: 82 2 2073 2813, Email: tobegreat7@kbfg.com

Cision View original content:https://www.prnewswire.com/news-releases/kb-financial-group-inc-files-its-annual-report-on-form-20-f-302438354.html

SOURCE KB Financial Group Inc.

Jan 22, 2025
FriendliAI and Hugging Face Announce Strategic Partnership
  • Developers will be able to utilize FriendliAI's accelerated generative AI infrastructure service to deploy and serve models in the Hugging Face Hub

REDWOOD CITY, Calif., Jan. 22, 2025 /PRNewswire/ -- FriendliAI, a leader in accelerated generative AI inference serving, and Hugging Face today announced a strategic partnership that allows developers to utilize FriendliAI's inference infrastructure service to deploy and serve models directly in the Hugging Face Hub.

FriendliAI Endpoints, the fastest GPU-based generative AI inference provider according to Artificial Analysis, is now available as a deployment option on the Hugging Face platform. Directly from any model page on Hugging Face, developers can now easily deploy models using FriendliAI's accelerated, low-cost inference endpoints. This partnership leverages the convenience of Hugging Face's platform alongside FriendliAI's high-performance infrastructure, enabling developers to streamline their AI development workflow and focus on innovation.

Setting up and deploying generative AI models at production scale presents challenges such as complex infrastructure management and high operational costs. Friendli Dedicated Endpoints handles the hassle of infrastructure management, enabling developers to deploy and serve generative AI models efficiently on autopilot. Powered by FriendliAI's GPU-optimized inference engine, Friendli Dedicated Endpoints delivers fast and cost-effective inference serving as a managed service with dedicated GPU resources and automatic resource management.

The addition of FriendliAI as a key inference provider advances Hugging Face's mission to democratize AI, while furthering FriendliAI's mission to empower everyone to harness the full potential of generative AI models with ease and cost-efficiency. With this partnership, FriendliAI becomes a strategic inference provider for Hugging Face.

"FriendliAI and Hugging Face share a vision for making generative AI, and further agentic AI, more accessible and impactful for developers," said Byung-Gon Chun, CEO of FriendliAI. "This partnership gives developers on Hugging Face easy access to FriendliAI Endpoints, a fast, low-cost inference solution without the burden of infrastructure management. We're excited to see what the amazing developer community at Hugging Face will build with our inference solution, and we look forward to any future opportunities to partner with Hugging Face to provide developers with even more powerful tools and resources."

"FriendliAI has been at the forefront of AI inference acceleration progress," said Julien Chaumond, CTO of Hugging Face. "With this new partnership, we will make it easy for Hugging Face users and FriendliAI customers to leverage leading optimized AI infrastructure and tools from FriendliAI to run the latest open-source or their custom AI models at scale."

About FriendliAI

FriendliAI is the leading provider of accelerated generative AI inference serving. FriendliAI provides fast, cost-efficient inference serving and fine-tuning to accelerate agentic AI and custom generative AI solutions. Enjoy the GPU-optimized, blazingly fast Friendli Inference through FriendliAI's Dedicated Endpoints, Serverless Endpoints, and Container solutions. Learn more at https://friendli.ai/

About Hugging Face

Hugging Face is the leading open platform for AI builders. The Hugging Face Hub works as a central place where anyone can share, explore, discover, and experiment with open-source ML. Hugging Face empowers the next generation of machine learning engineers, scientists, and end users to learn, collaborate and share their work to build an open and ethical AI future together. With the fast-growing community, some of the most used open-source ML libraries and tools, and a talented science team exploring the edge of tech, Hugging Face is at the heart of the AI revolution.

Contacts:

Elizabeth Yoon, FriendliAI, press@friendli.ai

Cision View original content:https://www.prnewswire.com/news-releases/friendliai-and-hugging-face-announce-strategic-partnership-302357253.html

SOURCE FriendliAI

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Market closed

Pre-market opens in 18 hours 11 minutes
Main market opens in 23 hours 41 minutes

09:48
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).