KB Kookmin Card introduced on Nov. 19, that worldwide credit standing company Moody’s upgraded the corporate’s credit standing outlook from ‘unfavorable’ to ‘steady’. The long-term and short-term credit score rankings remained unchanged at A2 and P-1, respectively.
Moody’s cited strengthened capital adequacy, improved asset high quality, sustainable profitability, and potential assist from father or mother firm KB Monetary Group because the background for this outlook improve.
In keeping with Moody’s, KB Kookmin Card’s tangible frequent fairness ratio (TCE·TMA) elevated from 15.7% on the finish of 2023 to 17.1% in June 2025. This was attributed to sustaining stable inside capital technology capabilities whereas pursuing reasonable asset development centered on high-quality belongings.
The company additionally positively evaluated the development in asset high quality, together with the discount of the non-performing mortgage (NPL) ratio from 3.7% to 2%. Moody’s believes that the strengthened danger administration system and proactive sale of non-performing belongings contributed to this enchancment.
By way of profitability, Moody’s projected that the return on working belongings would preserve above 1%. The company notably anticipated that the online curiosity margin (NIM) would present steady developments as funding prices stabilize.
Moody’s added that KB Monetary Group’s assist capabilities additionally contributed to the score upkeep and outlook improve.
