KB Bank Cuts 662 Employees, Closes 21 Sub-Branches, and Sees Two Directors Resign
PT Bank KB Indonesia Tbk (BBKP) has recorded a significant decrease in its number of employees and branch offices. According to the company’s financial report as of 31 March 2026, the total number of KB Bank employees, including both permanent and temporary staff, stands at 2,265. This represents a sharp decline of 662 people, or approximately 22%, compared to 2,927 employees during the same period the previous year.
Meanwhile, the number of KB Bank sub-branches (KCP) totalled 120 units in the first quarter of 2026, a reduction of 21 units or 15% from the 141 units reported in the same period last year. Alongside this reduction in sub-branches, the number of main branches increased by one unit from March 2025 to 29 units in March 2026. Conversely, the number of ATMs grew rapidly to 154 units during the first three months of this year, up from just 31 units in the same period last year.
Responding to these changes, the President Director of KB Bank, Kunardy Darma Lie, stated that the optimisation of manpower and the adjustment of the branch network are part of an ongoing transformation process. This move aims to build a stronger, more adaptive, and sustainable organisation. “This step was taken by considering changing customer needs, the dynamics of the banking industry, and the increasing adoption of digital services,” Kunardy told CNBC Indonesia on Monday (8/6/2026).
He added that the process adheres to applicable regulations and maintains the principles of prudence and good corporate governance. Kunardy continued that KB Bank is strengthening its digital capabilities and increasing network productivity to provide optimal services through a combination of physical branches and digital channels. “Indonesia remains an important market for KB Bank. We are committed to continuing to provide reliable, safe, and high-quality financial services to customers, and to supporting the growth of the national banking industry,” he said.
Regarding the resignation of board members, Kunardy stated that KB Bank respects the decisions made and appreciates the contributions and dedication of the departing directors. “The company ensures that operational activities, customer services, and the implementation of the transformation strategy continue as usual,” he emphasised.
Within the board of directors, KB Bank’s Retail Director, Robby Mondong, recently submitted his resignation on 3 June 2026. This resignation comes only eight months after his appointment as director during the Extraordinary General Meeting of Shareholders (EGMS) on 6 October 2025. Previously, Robby served as the Deputy President Director of KB Bank since June 2021. “I just want to take a short break,” Robby briefly stated regarding his decision.
In addition to Robby, KB Bank’s Compliance & Risk Director, Dodi Widjastanto, also submitted his resignation on the same date. He had held the position since December 2022. In its information disclosure, the South Korean Kookmin Bank-owned lender stated that the resignations of both directors will be finalised in a General Meeting of Shareholders (GMS) in accordance with applicable regulations. KB Bank also ensured that there would be no impact on the company’s operations or business continuity.
In the first quarter of 2026, KB Bank recorded a net profit of IDR 10.7 billion. This figure represents a significant decrease from the IDR 352 billion achieved during the same period the previous year. Despite the significant reduction in staff, employee salary and benefit expenses increased to IDR 196.23 billion, up from IDR 166.03 billion the previous year. On the other hand, KB Bank’s general and administrative expenses decreased to IDR 174.24 billion as of 31 March 2026, down from IDR 220.67 billion the previous year.