KB Bank Legally Renames as PT Bank KB Indonesia Tbk to Strengthen Corporate Identity and Service Commitment
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JAKARTA, Investortrust.id — KB Bank has officially changed its corporate name from PT Bank KB Bukopin Tbk to PT Bank KB Indonesia Tbk on Wednesday, Aug 13, 2025, marking a new chapter in its transformation journey. The move is part of a broader strategy to strengthen the bank’s corporate identity and align its long-term growth with the global vision of KB Financial Group, or KBFG.
KBFG, one of South Korea’s largest financial groups, has been steadily expanding in Indonesia since acquiring a controlling stake in Bukopin in 2020. The group, which operates a diverse portfolio ranging from retail and corporate banking to insurance and asset management, views Indonesia as a strategic growth market in Southeast Asia due to its large, young population and fast-growing digital economy. The rebranding reinforces KBFG’s commitment to deepening its presence in the country while bringing global best practices to the local market.
The rebranding reflects more than an administrative change, serving as a statement of the bank’s evolution into a modern, inclusive, and adaptive financial institution. With its new name, KB Bank aims to reinforce its position as a trusted financial partner for the Indonesian public.
Deputy President Director Robby Mondong said the change is a continuation of the bank’s long-term commitment to building a resilient and reputable institution. “This step is in line with KBFG’s global identity and represents our aspiration to grow together with the people of Indonesia,” he said.
KB Bank’s identity transformation began in 2021 when it first adopted the name PT Bank KB Bukopin Tbk. In March 2024, the bank introduced a refreshed visual identity and logo under the brand “KB Bank.” The latest rebranding to PT Bank KB Indonesia Tbk solidifies its position in Indonesia’s banking industry, particularly in retail, SME, wholesale, and digital banking segments.
The name change is also tied to the bank’s strategy to expand technology-driven services focused on customer needs, including its flagship KBStar digital platform and other innovative offerings.
As part of its organizational strengthening, KB Bank has appointed Kunardy Lie as President Director, subject to the completion of the regulatory fit and proper test. Known for more than two decades of experience in banking, Kunardy is recognized for bridging local needs with global best practices — a capability seen as vital to sustaining the bank’s transformation agenda.
The rebranding process was conducted transparently, with cross-functional teams covering legal, compliance, risk, and corporate secretariat functions, supported by independent legal consultants and a notary. All procedures adhered to Good Corporate Governance principles, with required reports submitted to the Ministry of Law and Human Rights, the Financial Services Authority (OJK), and Bank Indonesia.
Robby Mondong stressed that the name change does not affect the company’s ownership structure, legal status, existing agreements, or customer services. The bank remains committed to safeguarding system integrity, ensuring transaction convenience, and delivering top-tier digital banking experiences.
With its renewed identity and strong backing from KBFG, PT Bank KB Indonesia Tbk is positioning itself to play a stronger role in advancing national financial inclusion, empowering businesses, and maintaining its place as a trusted financial partner for the Indonesian people.
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