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 registrants 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 |
Name of Other as a Director |
New |
Term of | |||||
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 |
Name of Other as a Director |
New |
Term of | |||||
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 |