Korea Development Bank (KDB)
in South Korea 🇰🇷
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About Korea Development Bank (KDB) in South Korea
Korea Development Bank (KDB) is a state-owned development bank wholly owned by the South Korean government. Founded as a national policy financial institution, KDB is designed to encourage industrial development and support strategic economic initiatives in South Korea.
As of 2018, it ranked as the 61st largest bank globally according to The Banker's Top 1000 World Bank List. With total assets exceeding $247 billion as of 2024, KDB operates as both a commercial and investment bank while maintaining its core mission as a policy bank supporting Korea's economic growth.
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