Korea Development Bank - Company Profile
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Korea Development Bank (KDB) finances and manages major industrial projects to expedite industrial development and enhance the South Korean economy. It offers retail, investment, corporate, and international banking; and other related financial solutions. The bank provides a range of accounts and deposits; debit and credit cards; loans and mortgages; treasury and trade services; small business banking; financial guarantees; and corporate lending and restructuring. It also provides asset management; foreign exchange services; insurance solutions; and capital market services such as M&A, bond underwriting, venture capital, and private equity, among others. The bank has operations in Korea and overseas, including Myanmar, Russia, Germany, Australia, Vietnam, the UAE, Japan, China, Brazil, Singapore, Ireland, Indonesia, Thailand, Hungary, Hong Kong, the US, China, Uzbekistan, and the UK. KDB is headquartered in Seoul, Korea.
Headquarters
South Korea
Address
14 Eunhaeng-ro, Yeongdeungpo-gu, Seoul, 07242
Website
www.kdb.co.kr
Telephone
82 215 881500
Industry
Financial Services
Revenue (2022)
$6.9B
Korea Development Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Corporate Restructuring |
| Current | Corporate Consulting |
| Savings | Online and Mobile Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
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. |
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 City | Seoul |
| State/Province | Seoul | - | - | Seoul | Seoul |
| No. of Employees | - | 21,689 | 12,495 | - | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kang, Seog Hoon | Chief Executive Officer; Chairman | Executive Board | - | - |
| Kim Bock Kyu | Vice Chairman; Chief Operating Officer | Executive Board | - | - |
| Lee Hun Young | Chief Compliance Officer | Senior Management | - | - |
| Ahn, Young Kyu | Director-Corporate Banking Division | Senior Management | - | - |
| Lee Keun Hwan | Director Planning and Administration Division | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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