Korea Development Bank


Korea Development Bank is a wholly state-owned policy development bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development and enhance the national economy. As Korea's representative development financing bank, ranked at 61st biggest bank globally, KDB has fostered the growth and heightened the competitiveness of strategic industries by meeting their changing financial needs. Following public policy, KDB facilitates the management normalization of troubled companies through corporate restructuring and consulting services, and provides capital for strategic regional development projects.

Credit rating

Moody's : Aa2 ''
S&P : AA '
Fitch : AA- '

Global network

International Subsidiaries : Hong Kong, Hungary, Uzbekistan, Brazil, Ireland
International Branches : New York, London, Singapore, Tokyo, Beijing, Shanghai, Guangzhou, Shenyang, Qingdao
International Offices : Manila, Ho Chi Minh City, Bangkok, Sydney, Frankfurt, Abu Dhabi, Moscow, Yangon

Business

This Bank completed its diversification into all major aspects of a modern-day securities firm, including investment banking, corporate banking and corporate restructuring. As Daewoo Motor's lead creditor, K.D.B. spearheaded the car maker's sale to General Motors in 2002. K.D.B. was also the lead creditor in other Korean corporate bankruptcies, including that of LG Card, a former unit of the giant electronics maker, LG Group.=
Year20182017
Total Assets233,940247,562
Total Liabilities203,129216,059
Shareholder's Equity30,81131,503
Net Operating Revenue3,2413,687
1,8722,115
1,3691,572
Provision for credit losses1,287
Operating Income2,038720
Non-operating Income730
Net Profit635529