KB Bank Holds Forum to Promote Indonesia-Korea Ties
Jakarta. KB Bank, alongside KB Kookmin Bank and the Indonesian Embassy in Seoul, recently held a business forum aimed at promoting bilateral investment ties.
The 2026 Indonesian Day Business Forum in Seoul brought together government representatives, business players, and investors. As the name suggests, the event focused on how the two countries could further boost trade and investment. Between 2020 and 2025, South Korean investments in Indonesia totaled $13.3 billion, thereby reflecting investors’ confidence in the latter’s economic fundamentals and prospects.
Some key attendees included Indonesian embassy’s Deputy Chief of Mission Ali Andika Wardhana, KB Kookmin Bank Chief of Global Business Group Lee Jong Min, as well as Suryacipta Swadaya Director Eric Alamsjah Winarta. This is the developer of two industrial estates: Suryacipta City of Industry and Subang Smartpolitan, a business partner of KB Bank. Representatives from various sectors, including healthcare, waste management, technology companies, logistics, cosmetics, and electric vehicles, were also present. The event also included business networking sessions exploring potential collaborations.
According to Lee Jong Min, the forum serves as a platform connecting Indonesian market opportunities with concrete implementation and the achievement of business results. Lee went on to say how KB Bank had become a partner for enterprises, even since their early stages where customers had just started on their business. KB Bank also seeks to become the financial partner that its customers can trust the most following Korean companies’ success in Indonesia.
KB Financial Group also reaffirmed its commitment to Indonesia as one of its key strategic markets.
This commitment is reflected through a long-term presence in Indonesia, strengthened banking capabilities, and continued support for the growth and expansion of Indonesian customers' businesses.
Likewise, Ali Andika Wardana promised that the Indonesian government would support Korean businesses that wish to tap into Indonesia. He went on to say that such expansions will support both the welfare and economic growth of both countries.
"The Indonesian Day Business Forum serves as a strategic platform to facilitate bilateral trade and investment, support South Korean exporters seeking to enter the Indonesian market, and assist Korean companies seeking to expand or deepen their presence here,” KB Bank President Director Kunardy Darma Lie said.
“As part of the KB Financial Group, KB Bank leverages its strong cross-border network and Korean Link Business to support Korean companies operating in Indonesia. This segment contributes significantly to our wholesale banking portfolio," said Kunardy.
The wholesale banking business, backed by Korean Link Business, focuses on providing cross-border banking solutions for medium-sized and large enterprises. To support customer needs, KB Bank provides transaction banking products and services. This includes cash management, trade finance, custody, and structured financing. The bank also has what it calls KB starbiz, a digital business banking platform that supports integrated customer liquidity and transaction management.
KB Bank reported a net profit of Rp 265 billion (around $15.6 million) in the third quarter of 2025, with total loans disbursed reaching Rp 44.32 trillion. Third-party funds 14.48% year-on-year, supported by a 38.02% increase in current savings and account (CASA).
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