The $500 million principal investment in Kookmin Bank led by Goldman Sachs represents a
landmark transaction in South Korea and exemplifies the unique value of our global
perspective and resources. Our firm is now the largest shareholder in South Koreas
largest consumer bank. A global team of Goldman Sachs professionals with expertise in
principal investing, research, corporate finance, financial institutions, and equity and
fixed income markets evaluated and implemented the investmentworking closely with
Kookmin Bank. In all, more than 25 Goldman Sachs and 200 legal and accounting
professionals took part in the due diligence process that involved the careful analysis of
an institution with over $70 billion in assets and more than 12 million customers. Our
Investment Management Division is advising Kookmin Bank on risk management strategies.
- A $500 million principal investment makes Goldman Sachs the single largest shareholder
in the largest consumer bank in Korea.
- Kookmins appointment of Goldman Sachs to a director position on its board is
unusual in that very few foreign executives serve on the boards of major corporations in