The Korea Development Bank (KDB), a main creditor of Asiana Airlines, has denied media reports it is considering the sale of Asiana Airlines to a third party other than Korean Air Lines.
The Korea Development Bank (KDB) Chairman said the state-run institution will speed up the sale of the troubled Daewoo Shipbuilding & Marine Engineering (DSME).
A 51-day strike by subcontractors of Daewoo Shipbuilding & Marine Engineering (DSME) exposed the company’s vulnerability to labor problems and cost it heavily, a major setback for a company up for sale.
Daewoo Shipbuilding & Marine Engineering (DSME) assets may be sold off if efforts to sell the whole company are unsuccessful, according to local press reports. But the Korea Development Bank (KDB), the largest shareholder of DSME, denied this Monday.
As the strike by subcontractors of Daewoo Shipbuilding & Marine Engineering (DSME) continues, Korea Development Bank (KDB), the largest shareholder of DSME, announced that it will not provide additional support if losses expand. Bankruptcy is also...
Korea Development Bank (KDB) Chairman Lee Dong-gull is against President-elect Yoon Suk-yeol's campaign promise to move the bank's headquarters to Busan.
Korea Development Bank (KDB) Chairman Lee Dong-gull said no financial support for Edison Motors will be available unless the company has a clear and sustainable business plan for SsangYong Motor.
The Korea Development Bank (KDB) and Naver signed a partnership on Monday to help the Dongdaemun fashion industry by supporting digitalization of the area's supply chain.
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.
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