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July 05, 2015 11:16 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,  150-973

South Korea

3,398 Employees


82 2 1588 1500

Key Executives for Korea Development Bank

Chairman of The Board and Chief Executive Officer
Age: 63
Vice Chairman and Chief Operating Officer
Executive Director
Executive Director
General Manager of New York Branch
Compensation as of Fiscal Year 2015.

Korea Development Bank Key Developments

Daewoo Shipbuilding & Marine Engineering Put Its Plans On Hold To Acquire STX France

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (KOSE:A042660) has put its plans to acquire STX France SA on the back burner, Jung Sung-leep, Chief Executive of Daewoo Shipbuilding & Marine Engineering, said on June 25, 2015. Daewoo Shipbuilding & Marine Engineering had considered acquiring 66% stake in STX France upon request by its largest shareholder, Korea Development Bank. Korea Development Bank has been pushing to sell off STX France and STX Europe ASA as part of its efforts to restructure the defunct shipbuilding conglomerate. Speaking at a news conference, Jung Sung-leep said that the issue has been put on hold while leaving the possibility of entering the cruise ship market open. "For now the file on STX France acquisition has been closed, (the company) judged that this is not the time to consider a takeover," Jung Sung-leep said. Adding that in light of Daewoo Shipbuilding & Marine Engineering's performance so far this year, there would be many negative influences from going ahead with the takeover, and that the labor union is also against the move.

Korea Finance Corporation Presents at AVCJ Private Equity & Venture Forum - Korea 2014, Sep-11-2014 09:00 AM

Korea Finance Corporation Presents at AVCJ Private Equity & Venture Forum - Korea 2014, Sep-11-2014 09:00 AM. Venue: Seoul, South Korea. Speakers: Harry Park, Head of Private Equity.

Korea Development Privatization Plans Ruled Out

Park Geun Hye, President of South Korea, has scrapped a long standing proposal to privatize Korea Development Bank. The financial Services commission has said that the bank would now be merged with Korea Finance Corporation and its brokerage units and other assets would be sold.

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