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August 30, 2015 10:25 AM ET

Banks

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

Company Overview

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 foreign companies, primary and secondary equity offerings dive...

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."

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.

Hancock Prospecting Rejects Talk Of Korean Raid

Hancock Prospecting Pty Ltd. has denied a report that Korea Development Bank plans to buy a 5% stake in its AUD 10 billion Roy Hill iron ore project in Western Australia.

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