Form 6-K


Washington, D.C. 20549


Form 6-K





For the month of March 2006


Kookmin Bank

(Translation of registrant’s name into English)


9-1, 2-Ga, Namdaemun-Ro, Jung-Gu, Seoul, Korea 100-703

(Address of principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F      X            Form 40-F              

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1):             

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (7):             

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes                      No       X    


Exhibit Index

99.1  Results of General Shareholders’ Meeting for the Fiscal Year 2005

99.2  New Board of Directors

99.3  Grant of Stock Options



Exhibit 99.1 Results of General Shareholders’ Meeting for the Fiscal Year 2005

On March 24, 2006, Kookmin Bank held the general shareholders’ meeting for the fiscal year 2005, and all six agenda items listed below were approved and ratified as originally proposed.


n Agendum 1.   Approval of non-consolidated financial statements (Balance sheet, Income statements and Statements of appropriation of retained earnings) for the fiscal year 2005
n Agendum 2.   Amendment of Articles of Incorporation
n Agendum 3.   Appointment of directors
n Agendum 4.   Appointment of candidates for the members of the Audit Committee, who are non-executive directors
n Agendum 5.   Approval of previously granted stock options
n Agendum 6.   Grant of stock options

For each details of the originally proposed agenda, please refer to <Agenda of General Shareholders’ Meeting for the Fiscal Year 2005>, which was disclosed on March 8, 2006.



Exhibit 99.2 New Board of Directors

As of March 24, 2006, the Board of Directors of Kookmin Bank consists of 4 executive directors and 9 non-executive directors as follows:

Executive directors








Member of the Audit Committee

Chung Won Kang


   President & Chief Executive Officer    Korea    No

Hyung Duk Chang


   Chief Audit Executive    Korea    Yes

Ki Hong Kim1

(Newly Appointed)


Chief Executive Vice President/

Strategy Planning Group




Kap Shin



CFO/Senior Executive Vice President

Finance Group

   Korea    No

Non-executive directors




Current position out of Kookmin Bank




Member of the Audit Committee4

Dong Soo Chung2


   Professor, Sangmyung University    Korea    No

Nobuya Takasugi2


   Executive Advisor, Fujixerox Korea    Japan    No

Kee Young Chung1

(Newly Appointed)

   Professor, Keimyung University (CPA)    Korea    Yes

Doo Hwan Song2


   Representative Partner, Hankyul Law firm    Korea    No

Chang Kyu Lee2


   CEO, Joongang Ilbo News Magazines    Korea    No

Dam Cho2


   Professor, Chonnam Nat’l University    Korea    Yes

Bo Kyung Byun1

(Newly Appointed)

   CEO, Kolon Data Communication Co., Ltd    Korea    Yes

Baek In Cha1

(Newly Appointed)

   Vice President, Korea Institute of Finance    Korea    No

Young Soon Cheon3


   Professor, Chung-ang University (CPA, AICPA)    Korea    Yes

1 The tenure of Ki Hong Kim, Kee Young Chung, Bo Kyung Byun and Baek In Cha is 3 years
2 The tenure of Dong Soo Chung, Nobuya Takasugi, Doo Hwan Song, Chang Kyu Lee and Dam Cho is 2 years.
3 The tenure of Young Soon Cheon is 1 year.
4 The tenure of Audit Committee members is 1 year.



Exhibit 99.3 Grant of Stock Options

On February 27 and March 8, 2006, Kookmin Bank publicly disclosed the stock option grants to certain of its senior executive vice presidents, executive vice presidents and heads of its regional head offices and to its chief audit executive, chief executive vice president and non-executive directors. Two items with respect to these stock options grants were undetermined as of the earlier disclosures, and have since been determined:


  1. Dong Soo Chung was appointed as chairman of our Board of Directors. Therefore, the total number of stock options granted to him is 20,000 shares, which is granted over two years.


  2. The base price is 75,200 Won, which was calculated as follows:

The arithmetic mean of the following three numbers: the sum of the daily closing price multiplied by the daily trading volume divided by the daily trading volume for the common shares during each of the following periods: (i) two months prior to, but excluding, the grant date; (ii) one month prior to, but excluding, the grant date; and (iii) one week prior to, but excluding, the grant date.


       The grant date is March 24, 2006.




Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


  Kookmin Bank
Date: March 24, 2006   By:  

/s/ Kap Shin

  Name:   Kap Shin
  Title:   CFO / Senior EVP
    Executive Director