kmb Korea Money Brokerage Corp.

About KMB

Korea Money Brokerage proudly walks side-by-side with its customers toward the development of Korean financial market and global financial markets.

CEO Message

Welcome to Korea Money Brokerage Corp. website!

We deeply appreciate the unwavering support and interest of our customers.

Korea Money Brokerage Corp. was founded in July 1996 based on strong support from the government and financial institutions in order to integrate the Korean won call money market.

Since the foundation, we have strived to meet the diverse needs in the market by expanding our business horizon to include FX, fixed income and derivatives while fulfilling the original objective faithfully. Now we have evolved to become a leading integrated broker of the domestic wholesale financial market.

We are fully committed to our ultimate goal of maximizing satisfaction in your day-to-day trading and growing together with our customer. Your support and encouragement will always be greatly valued.

Thank you.

Seungcheol Lee
President & CEO
Korea Money Brokerage Corp.
Having grown with the money of Korea
KMB vows to build on its achievement as the first and biggest wholesale brokerage firm of the nation to offer the best services for clients

Company Profile

KMB was established in July 1996 as the first exclusive broker specialized in short-term money transaction between institutional clients. Since then it has evolved to become the biggest provider of wholesale brokerage services in the nation covering a wide range of products including FX, fixed income and interest rate derivatives.

The company has been successfully fulfilling its original mission of stabilizing and integrating the money market while also enhancing fairness and efficiency in brokerage services and reducing trade expenses.

KMB will remain fully committed to its effort to develop the financial market of the nation and become a leading brokerage firm in the global market.

Business Area

Wholesale brokerage & Additional financial services

Vision

Global brokerage firm leading the wholesale financial market

In an effort to advanced as a global brokerage firm, KMB is united under 4 core values.

Core values

Established in 1996 as the first brokerage firm of Korea, KMB has evolved to become the largest provider of wholesale brokerage covering money market, fixed income, FX and derivatives.

History

2018
09.21
Relocated computer machinery room to Yeouido Data Center (IDC)
03.27
Initiated foreign currency bond brokerage
02.20
Initiated foreign currency Repo brokerage
2014
12.01
Begins Won/Yuan spot exchange brokerage
2012
04.02
Launches the renewed electronic trade system
2011
11.17
Hosts international conference "Toward a New Horizon of Korea's Inter Dealer Brokerage Services"
06.17
Opens Beijing Representative Office
2009
02.04
Acquires license for financial investment services pursuant to the Capital Markets Act
2008
04.24
Establishes business alliance with ICAP (EBS) for G7 FX spot trading
2007
10.15
Opens Hong Kong Branch
2004
02.27
Launches money market information system for dealers
2003
10.14
Begins broking services for secured call money market
07.17
Begins broking services for gold market
2002
12.01
Selected as the "Best CRS & FX Swap Broker" by Asia Risk
08.01
Launches electronic FX trade system (KMB-Net)
2000
06.15
Acquires the IDB license and begins the service
1999
02.01
Expands broking services to interbank foreign exchange
1997
06.02
Begins broking services for interbank CP trade
05.15
Launches broking services for interbank Repo trade
1996
12.01
Begins broking services for interbank CD trade
11.01
Begins broking services for call money market
10.29
Acquires license as a money broker in Korea
07.18
Founded and holds 1st general shareholder's meeting

Organization

Organization of KMB

Shareholders

KMB was first established by 120 domestic financial institutions including commercial banks, securities companies and insurance companies. After a series of M&As and the restructuring in the late 1990s, KMB's shareholders went through consolidation, and now KMB is owned by 47 institutions.

Our outstanding brokerage services come from this stable ownership structure backed by well-established institutions.

Shareholders

17 Commercial Banks 39% KR&C(Former Resolution & Finance Corporation) 31% 19 Securities Companies 21% 2 Insurance Companies 4% 8 Other 6%

Financial Information

Financial Position

Unit
KRW 1 million
Section 2019 years 2018 years 2017 years
Assets Cash & Deposits 71,079 63,891 51,757
Securities 0 0 0
Accounts Receivable 4,058 4,263 3,452
Loan Obligation 0 0 0
Property & Equipment 3,242 2,285 2,604
Intangible Assets 4,037 4,203 4,319
Other Assets 16,382 15,688 20,754
Total Assets 98,798 90,330 82,886
Liabilities Borrowings & Debentures 0 0 0
Other Liabilities 15,539 12,126 10,745
Total Liabilities 15,539 12,126 10,745
Stockholder's Equity Capital Stock, Capital Adjustments 9,573 9,573 9,573
Retained Earnings, Others 73,686 68,631 62,658
Total Stockholder's Equity 83,259 78,204 72,141
Total Liabilities and Stockholders' Equity 98,798 90,330 82,886

Statement of Comprehensive Income (Summary)

Unit
KRW 1 million
Section 2019 years 2018 years 2017 years
Revenue 47,767 44,565 40,232
Cost & Expenses 35,978 33,996 32,724
Operating Income 11,789 10,569 7,508
Non-operating Income 1,679 1,696 1,190
Non-operating Expenses 516 356 599
Income before Income Tax expense 12,952 11,909 8,099
Income Tax Expense 3,900 3,268 2,394
Net Income 9,052 8,641 5,705
Other comprehensive income -997 -180 -161
Total comprehensive income 8,055 8,461 5,544

Contact Us

MAP
Addr.
12F 13F, YoungPung Bldg, 41, Cheonggyecheon-ro, Jongno-gu, Seoul 110-752
Tel.
02-3706-8200
Fax.
02-3706-8280
E-mail
kmb_master@kmbco.com