SBI Savings Bank Changes Name to Kyobo SBI Savings Bank

Kim Moonseok: "Combining SBI's digital innovation with Kyobo's trust
to forge the future"

SBI Savings Bank announced on November 2 that it had changed its name to Kyobo SBI Savings Bank effective November 1.

SBI Savings Bank held a ceremony on the 30th of last month at the Kyobo Life Insurance Building in Gwanghwamun, Jongno-gu, Seoul, to announce its name change. It said it would begin anew as Kyobo SBI Savings Bank on the 1st. Kyobo SBI Savings Bank.

Kyobo SBI Savings Bank held a ceremony to announce the name change on October 30 at the Kyobo Life Insurance Building in Gwanghwamun, Jongno-gu, Seoul. About 300 people, including Kim Moon-seok, CEO of Kyobo SBI Savings Bank, company executives and employees, and key guests, attended the event.

In his commemorative remarks, Kim emphasized the company’s commitment to trust and innovation, values centered on people, and challenges for the future.

“Building on SBI’s DNA of digital innovation and Kyobo’s customer trust, we will become a leading digital financial company in Korea,” Kim said.

He added, “While firmly upholding the core principles of savings banks—financial support for low-income households and small and medium-sized enterprises, and trust—we must lead change in a rapidly evolving financial environment through the use of digital technology and bold initiatives.”

At a subsequent presentation by Speech, Kyobo SBI Savings Bank’s junior board, the company outlined its vision of becoming Korea’s most trusted partner for low-income households and a top-tier digital savings bank through trust and innovation.

Meanwhile, Kyobo SBI Savings Bank plans to hold events for customers to mark its name change and official launch. It will run street campaigns near its branches nationwide, including in Euljiro and Gwanghwamun in Jung-gu, Seoul, and hold customer events such as special offerings of term savings accounts.

This content was produced with the assistance of AI translation services.