The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.


Best bank
Kookmin Bank Best equities house
Goldman Sachs

Best debt house

Best M&A house
Morgan Stanley

Kookmin Bank, like several other local firms, has suffered recently from Korea?s credit card crisis. This came after a government-led initiative encouraged leading banks aggressively to push their credit card businesses, which resulted in an average of 4.5 cards per economically active citizen and led to a series of bankruptcies.

Kookmin?s 2003 financial results reflect the aftershocks of the national credit card madness. But it remains by some margin Korea?s strongest bank and this alone argues for its retaining the best bank award for the third consecutive year. Its non-performing loans are the lowest of any bank in Korea and its tier 1 capital adequacy ratio is second only to Shinhan Bank.

Because it is so geared to the retail market ? the bank lends to 60% of Korean households and has number one market share for retail deposits ? Kookmin enjoys higher net interest margins than its competitors and, arguably, is better placed for an economic rebound as the retail market begins to spend and borrow again.

Goldman Sachs wins the award for best equities house in Korea ahead of limited competition on the basis of several well-executed deals.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree