UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2015

Commission File Number: 000-53445

 

 

KB Financial Group Inc.

(Translation of registrant’s name into English)

 

 

84, Namdaemoon-ro, Jung-gu, Seoul 100-703, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-N/A.

 

 

 


Results of the Annual General Meeting of Shareholders

of Kookmin Bank for Fiscal Year 2014

On March 26, 2015, Kookmin Bank, a wholly-owned subsidiary of KB Financial Group Inc., held its annual general meeting of shareholders for fiscal year 2014, and all of the four agenda items listed below were approved and ratified as proposed.

 

    Agenda:

 

  1) Approval of financial statements of Kookmin Bank for fiscal year 2014

 

  2) Appointment of directors of Kookmin Bank (four non-executive directors)

 

  3) Approval of the aggregate remuneration limit for directors of Kookmin Bank

 

  4) Approval of amendments to the Articles of Incorporation of Kookmin Bank

Details of Approved Agenda Items

 

    Key items of the approved financial statements of Kookmin Bank for fiscal year 2014

 

    Consolidated financial statements for fiscal year 2014*

 

     (In millions of Won,
except per share amounts)
 

Total assets

     275,453,664   

Total liabilities

     253,513,191   

Capital stock

     2,021,896   

Total shareholders’ equity

     21,940,473   

Total operating revenue**

     16,283,978   

Net Operating profit

     1,376,719   

Profit attributable to shareholders of the parent company

     1,029,041   

Basic earnings per share (Won)

     2,545   

 

* Based on the International Financial Reporting Standards as adopted by the Republic of Korea.
** Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit and loss, and other operating income.

 

    Separate financial statements for fiscal year 2014*

 

     (In millions of Won,
except per share amounts)
 

Total assets

     271,252,645   

Total liabilities

     249,407,207   

Capital stock

     2,021,896   

Total shareholders’ equity

     21,845,438   

Total operating revenue**

     16,066,869   

Net Operating profit

     1,405,243   

Profit attributable to shareholders of the parent company

     1,065,927   

Basic earnings per share (Won)

     2,636   


* Based on the International Financial Reporting Standards as adopted by the Republic of Korea.
** Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit and loss, and other operating income.

 

    Declaration of Dividends

A cash dividend of KRW 570 per common share was declared (total dividend amount: KRW 230,496,096,120).

 

    Appointed Directors

 

    Number of newly appointed or re-appointed non-executive directors: 4

 

    Total Number of Directors and Audit Committee Members Following Appointment

 

    Directors: 6 (including 4 non-executive directors)

 

    Members of the audit committee, who are non-executive directors: 3

 

    Members of the audit committee, who are executive directors: 0


Details regarding newly appointed non-executive directors of Kookmin Bank

 

Name

  

Date of Birth

  

Career (including current
position)

  

Name of Other
Entities of
Which the
Nominee Serves

as a Director

  

New
Appointment

  

Term of
Office

Hahyun Jo

   November 1955   

•    Professor, College of Economics, Yonsei University (Current)

•    Member, Risk Management Committee, Korea Trade Insurance Corporation

•    Chairman, Financial Risk Management Committee, Ministry of Employment and Labor

•    Chairman, Financial Risk Management Committee, Korea Post

•    Member, Fund Management Council, former Ministry of Construction & Transportation

•    Public Director, Investment Trust Association

   —      Yes    1 year

Woochan Kim

   January 1960   

•    Managing Partner, Hansin Law Firm (Current)

•    Judge, Seoul Central District Court

•    Judge, Seoul High Court

•    Judge, Daegu District Court

•    Prosecutor, Western Seoul District Prosecutors’ Office

•    Prosecutor, Cheongju District Prosecutors’ Office

   Managing Partner, Hansin Law Firm    Yes    1 year


Name

  

Date of Birth

  

Career (including current
position)

  

Name of Other
Entities of
Which the
Nominee Serves

as a Director

  

New
Appointment

  

Term of
Office

Soonae Park

   October 1965   

•    Professor, Graduate School of Public Administration, Seoul National University (Current)

•    Policy Advisor, Korea Deposit Insurance Corporation

•    Non-standing Director, Government Employees Pension Service

•    Member, Public Corporation Performance Evaluation Committee, Ministry of Strategy & Finance

   —      Yes    1 year

Seungwon Yoo

   October 1965   

•    Professor, College of Business Administration and International Economics, Korea University (Current)

•    Deputy Dean, Korea University Business School (Current)

   —      Yes    1 year


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

KB Financial Group Inc.

(Registrant)

Date: March 26, 2015

By:

/s/ Jong-Hee Yang

(Signature)
Name: Jong-Hee Yang
Title: Deputy President