Financial Services Commission Chairman Eun Sung-soo, far right, tours the SK hynix plant in Icheon, Gyeonggi, on Tuesday, along with the heads of state-run banks.
Korea Development Bank (KDB) Chairman Lee Dong-gull said the bank will not spend a penny on troubled automaker SsangYong Motor unless it is able to find a new owner and come up with a viable plan to normalize business operations.
The state-run Korea Development Bank (KDB) said Tuesday it has issued $1.5 billion worth of bonds to foreign investors.
Kakao sold 8.8 percent of its Kakao Enterprise cloud services subsidiary to state-owned Korea Development Bank (KDB).
North Korea's Premier Kim Tok-hun visited the Mount Kumgang region on the country's eastern coast and called for building a modern and all-inclusive international tourist area "our own way," state media reported Sunday.
Department store chain Hanwha Galleria will merge with Hanwha Solutions with the goal to expand businesses and to raise management efficiency, the company announced in a regulatory filing on Tuesday.
With major shareholders and politicians objecting to the takeover of Asiana Airlines by Korean Air Lines, the head of Korean Development Bank (KDB) defended the government-owned institution’s financing of the deal.
Ryu Kwon-ha, left, CEO of the Korea JoongAng Daily, and Park Myung-kwang, chairman of Global Civic Sharing, pose for a photo at the civic group’s office in central Seoul on Thursday after signing a memorandum of understanding to...
The Export-Import Bank of Korea inked a $200 million loan agreement with the Development Bank of Latin America to facilitate Korean exports, the bank announced Tuesday.