[Securities Firms' PF Embers] ⑧ KB Securities, 560 billion won in special mention loans despite risk reduction

KB Securities cut its real estate PF credit exposure to 2.1 trillion won at the end of Q1, easing pressure on capital.

Even so, substandard-or-below PF loans totaled 558.6 billion won, while substandard assets jumped more than 50% in three months.

The firm raised capital through a 700 billion won equity issuance in February, but recovery rates remain a key variable.

Future asset quality will depend on how much is recovered and whether additional provisions are needed.