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Korea Development Bank (KDB)South Korea
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This profile is actively maintainedCreated on: 2017-06-27 12:37:49
Last update: 2022-08-08 15:53:30
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KDB Head office, Seoul Korea. Photo: courtesy of Businesskorea.co.krAbout Korea Development Bank (KDB)
The Korea Development Bank (KDB) is South Korea's state-owned development bank, and was founded in 1954 to help develop Korean industries and the country's economy. The bank's products and services include corporate loans, equity investments, public/corporate bonds and debt and payment guarantees. The bank is heavily involved in the Asia-Pacific project finance market. KDB adopted the Equator Principles in 2017.
| Website | https://www.kdb.co.kr/ih/simpleJsp.do |
| Headquarters |
14 Eunhaeng-ro, Yeongdeungpo-gu
07242 Seoul
South Korea
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| CEO/chair |
Kang, Seog Hoon CEO |
| Supervisor | |
| Annual report | Annual report 2021 |
| Ownership |
The Korea Development Bank is wholly owned by the Korean government. |
| Complaints and grievances |
Korea Development Bank does not have a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance. |
Related Dodgy Deals
Korea Development Bank (KDB) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
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Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Korea Development Bank
2022-08-22
KOR
2021
36
36
100
1.01000000037E+38
0
Explanation
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
For more details see this page.
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Policies
Voluntary standards
Korea Development Bank (KDB) has committed itself to the following voluntary standards:Investment policies
Korea Development Bank's webpage on corporate social responsibility can be accessed here (via Investor relations/Sustainability).
KDB excludes finance for new coal power plants (see KDB website/Investor relations/Sustainability/Guidelines for coal financing).
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