July 26, 2016 12:04 PM ET

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Company Overview of Korea Development Bank, prior to merger with Korea Finance Corporation

Company Overview

Korea Development Bank was acquired by Korea Development Bank. Korea Development Bank provides various banking and financial products and services in South Korea and internationally. The company operates through Corporate Finance, Investment Finance, Asset Management, Others, Securities, Overseas, Insurance, and Other subsidiaries segments. It offers corporate banking services, including facility capital, working capital loans, etc.; equity investments, public/corporate bonds, private placement securities, etc.; debt, payment, bond guarantees, etc.; and corporate restructuring and consulting services. The company also provides investment banking services comprising M&A services for local and...

14 Eunhaeng-ro

Yeongdeunpo-gu

Seoul,  150-973

South Korea

Founded in 1954

Phone:

82 2 1588 1500

Key Executives for Korea Development Bank, prior to merger with Korea Finance Corporation

Korea Development Bank, prior to merger with Korea Finance Corporation does not have any Key Executives recorded.

Korea Development Bank, prior to merger with Korea Finance Corporation Key Developments

DSME Considers Acquiring STX France

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (KOSE:A042660) is considering the acquisition of STX France SA. Korea Development Bank (KDB), the largest shareholder of Daewoo Shipbuilding asked it to explore the option of taking over the STX France shipyard in Saint-Nazaire, northwestern France. "We just began the study and, at this point, it is too early to say what we will do," a Daewoo Shipbuilding's spokesman said. "The review process may gain speed after our new CEO takes office later this month." KDB, which holds a 31.5% stake in Daewoo Shipbuilding and 48.15% stake in STX, which owns a 66.66% stake in STX France through STX Europe ASA. "We own both DSME and STX, so there is no reason whatsoever for us to force the former to acquire the latter," a KDB spokesman said. "What we want to do is to see whether DSME can generate synergy from acquiring STX France. If that is the case and DSME wants to buy it, we will let the shipbuilder do so. But if it doesn't want to, we will not force it to."

PAG To Reportedly Acquire Youngtoys

PAG has been selected as a preferred bidder for the acquisition of Youngtoys,Inc., The Korea Times reported citing sources. The bidding price is unknown, but market observers estimate it at KRW 250 billion. PAG plans to invest KRW 130 billion in the deal, while the rest will be raised by Korea Development Bank and Hana Daetoo Securities Co., Ltd.

Korea Development Bank Presents at 8th Annual Korea Ship Finance Forum, Nov-04-2014 04:45 PM

Korea Development Bank Presents at 8th Annual Korea Ship Finance Forum, Nov-04-2014 04:45 PM. Venue: Paradise Hotel, Busan, South Korea. Speakers: Yong-sok Hyun, Team Head of Structured Finance Team.

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