Korea Development Bank - Company Profile

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Korea Development Bank: Overview

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Korea Development Bank (KDB) finances and manages major industrial projects to expedite industrial development and enhance the South Korean economy. The bank engages in providing a diverse array of financial products and services, including corporate restructuring, investment banking, and financial support for green projects. KDB is known for its private equity and venture capital services, as well as its role in the innovative growth policy council. The bank serves a wide range of clients, including medium-sized businesses and innovative companies across various industries. KDB collaborates with commercial banks and specialized credit finance companies to distribute its financial products. The bank operates an extensive international network with branches in Singapore, the UK, the US, China, Japan, Vietnam, the UAE, Thailand, Australia, Indonesia, Germany, Russia, and Hong Kong. KDB is headquartered in Seoul, South Korea.

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Headquarters South Korea

Address #16-3, Yeongdeungpo-gu, Seoul, 07242


Telephone 82 2 7874000

No of Employees 3,419

Industry Financial Services

Revenue (2023) $10.8B

   

   

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Korea Development Bank premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Korea Development Bank’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Accounts: Corporate Restructuring
Current Corporate Consulting
Savings Online and Mobile Banking
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Plans/Strategy In July, the company announced its plans to sell HMM Co, a shipping company.
2022 Others In April, the company terminated its agreement to sell its life insurance subsidiary to JC Partners.
2022 Acquisitions/Mergers/Takeovers In April, the company along with and Eugene Private Equity acquired Hanbit Green Environment Co., a domestic solid recovered fuels producer.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters Korea Development Bank Shinhan Financial Group Co Ltd Industrial Bank of Korea Woori Bank Standard Chartered Bank Korea Limited
Headquarters South Korea South Korea South Korea South Korea South Korea
City Seoul Seoul Seoul Seoul Seoul
State/Province Seoul - - Seoul Seoul
No. of Employees 3,419 21,689 13,569 - 85,000
Entity Type Private Public Public Private Private
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Executives
Name Position Board Since Age
Kang, Seog Hoon Chairman; Chief Executive Officer Executive Board - -
Kim, Bock Kyu Chief Operating Officer; Vice Chairman Executive Board - -
Kim, Jae Shin Director; Auditor Executive Board - -
Lee Hun Young Chief Compliance Officer Senior Management - -
Yang, Seung Weon Director-Global Business Division Senior Management - -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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