July 29, 2016 11:05 PM ET


Company Overview of Korea Development Bank

Company Overview

Korea Development Bank provides various banking products and services in South Korea. The company’s deposit products include demand, time, and savings deposits; and certificates of deposit. Its corporate banking products include corporate loans, such as facility capital loans, working capital loans, etc.; equity investments, public/corporate bonds, private placement securities, etc.; and debt guarantees, payment guarantees, bond guarantees, etc. The company also provides investment banking products comprising merger and acquisition, TechnoBanking, venture capital, project finance, private equity fund, and other funding services; and international banking products, including syndication, stru...

14 Eunhaeng-ro



Seoul,  07242

South Korea


82 2 787 4000

Key Executives for Korea Development Bank

Chairman and Chief Executive Officer
Executive Vice Chairman and Chief Operating Officer
Head of Indirect Banking Division
Head of Strategy & Planning Division and Senior Executive Director
Head of Credit Review Division
Compensation as of Fiscal Year 2016.

Korea Development Bank Key Developments

KDB Reportedly Eyes Stake Sale In Life Insurance Unit

Korea Development Bank (KDB) is reportedly seeking to sell 85.05% stake in KDB Life Insurance Co., Ltd., but according to industry sources Tuesday, low interest in the sales may force KDB to shed the unit for a less-than-ideal price. KDB appointed Credit Suisse as lead manager.

Creditors Of Kumho Tire Reportedly Exploring Stake Sale

Creditors are reportedly seeking sale of Kumho Tire Co., Inc. (KOSE:A073240). The creditors are Woori Bank Co., Ltd. (KOSE:A000030), Korea Development Bank and KB Kookmin Bank together they own a 42% controlling stake.

Attempts For Sale Of Dongbu Steel Cancelled

The creditors of Dongbu Steel Co., Ltd. (KOSE:A016380) have cancel the sale of the company. The main creditor Korea Development Bank was struggling to find a suitor for the company due to lack of interest from potential buyers. Dongbu Steel was put up for sale in October 2015

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