This service was developed in collaboration with KB Life's subsidiary, KB Golden Life Care, to address the concerns of an increasing number of senior residence customers. It is designed to securely protect large entrance deposits while allowing for the stable transfer of assets to designated beneficiaries without the complexities of inheritance procedures.
The service is available to customers with entrance deposits at domestic senior residences, and consultations for enrollment can be conducted at KB Kookmin Bank branches.
KB Kookmin Bank has lowered the minimum enrollment amount to 10 million won, proactively working to democratize trust services that have traditionally been seen as exclusive to high-net-worth individuals. The bank aims to expand its offerings for senior customers across various sectors and establish a leading position in the market.
A representative from KB Kookmin Bank stated, “This service was launched based on the concerns expressed by senior customers we heard directly in the field. In the future, KB Kookmin Bank will continue to introduce proactive and differentiated financial solutions that enhance the quality of life for senior customers in preparation for an aging society.”
* This article has been translated by AI.
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