KB Financial Group Inc. reported on March 7, 2024, that its subsidiary, Kookmin Bank, is moving forward with plans to split-off its fund service business, pending approval at the upcoming annual general meeting on March 22, 2024. Key financials as of September 30, 2023, show total assets of KRW 519 trillion for the remaining company and KRW 19.8 billion for the new entity, indicating significant restructuring.