June 23, 2018 11:49 PM ET

Diversified Financial Services

Company Overview of Korea Development Bank

Company Overview

Korea Development Bank provides various banking products and services in South Korea. It operates through Corporate Finance, Investment Finance, Asset Management, Others, Insurance, Overseas, and Other Subsidiaries segments. 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...

14, Eunhaeng-ro

Yeouido-dong

Yeongdeungpo-gu

Seoul,  07242

South Korea

Founded in 1954

Phone:

82 2 787 4000

Key Executives for Korea Development Bank

Chairman & CEO
Age: 69
Vice Chairman & COO
Head of Corporate Banking Division
Head of Credit Review Division
Head of Creative & Growth Sector Banking Division
Compensation as of Fiscal Year 2017.

Korea Development Bank Key Developments

Korea Development Bank Presents at China Ship Finance & Offshore Summit, May-22-2018 02:00 PM

Korea Development Bank Presents at China Ship Finance & Offshore Summit, May-22-2018 02:00 PM. Venue: Ritz-Carlton Hotel, Pudong, Shanghai Province, China. Speakers: Robin Chan, Director, Co-Head of Shipping & Aviation Financing.

GM And South Korea Reportedly In Talks To Raise Investment Plan From $2.8 Billion

General Motors Company (NYSE:GM) and South Korea are reportedly in talks to increase the size of their investment in GM Korea Company from a previously proposed $2.8 billion. The move came after GM Korea averted bankruptcy following a last-minute wage deal with its labor union on April 23, 2018, paving the way for possible financial support from the government. GM had said it would fund its “portion of the $2.8 billion investment”, on condition of union concessions and the government support. Korea Development Bank has previously said it may offer about KRW 500 billion ($468.4 million), proportional to its 17% stake in GM Korea, in order to help fund GM’s investment in GM Korea. "GM has expressed its intention to increase the size of new money injection from its previous plan to normalize management, and asked the KDB to expand its funding proportional to its stake," an unidentified source told Reuters. South Korean online media MoneyToday reported that GM said it would expand the investment to more than KRW 4 trillion.

Korea Development Bank Presents at 4th Annual Asia Pacific Energy & Infrastructure Finance Forum, Mar-21-2018 02:45 PM

Korea Development Bank Presents at 4th Annual Asia Pacific Energy & Infrastructure Finance Forum, Mar-21-2018 02:45 PM. Venue: The Westin Singapore, 12 Marina View, Asia Square Tower 2, Singapore, Singapore. Speakers: Sheharyar Chughtai, Vice President, Asia Pacific Project Finance.

Recent Private Companies Transactions

Type
Date
Target
Fund Raising
May 24, 2018
E&F PEF 1
Merger/Acquisition
February 5, 2018
Jaeyoung Solutec Co., Ltd.
Fund Raising
February 1, 2018
T.S. 10th Secondary Fund
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