Kookmin Bank (ADR) (NYSE:KB)
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The Company provides credit and related financial services to individuals and small and medium-sized enterprises. On the deposit side, it provides deposit products and related services to both individuals and enterprises of all sizes.
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KB is down today on the collapse of their deal to by KEB, but their fundamental situation (48% market share in Korea) remains el primo in a growing market and their plans to expand internationally should strengthen the franchise with or without KEB (which they could bid for again if LoneStar decides to put it on the market again which is likely if the Korean prosecutors ever get bored of chasing their tails on LoneStar's acquisition of KEB three years ago).