KB Bank Completes Next Generation Banking System Migration

KB Bank Completes Next Generation Banking System Migration

Jakarta Globe | 2025-04-21 05:37

Jakarta. KB Bank announced Monday that it had finished the migration process of its core banking system to the so-called Next Generation Banking System (NGBS) over the weekend, as planned. As the NGBS goes live across the bank's entire network, KB Bank can offer faster, more secure, and reliable banking services to its customers. KB Bank's President Director Woo Yeul Lee thanked all customers for their continuous support during the migration process. "The successful migration to NGBS reflects our commitment to delivering banking services that are relevant to today's and future banking needs. Customers can now enjoy a faster and more secure transaction experience, seamlessly across all KB Bank service channels, both online and at branch offices," Woo Yeul Lee was quoted as saying in a press statement. Some improvements that the NGBS migration brings include a more stable and integrated...

Unlock these benefits
benefit

Get access to news, enforcement cases, events, and actionable tips and guides

benefit

Get regular email updates and offers

benefit

Job opportunities, mentorship and career guidance

benefit

Exclusive access to Data Protection community - ask questions, network and share knowledge with peers and experts via WhatsApp and Linkedin