Korea Development Bank

company

About

Korea Development Bank is a state-owned bank in South Korea that funds major industrial projects.

  • 11 - 50

Details

Industries
Banking,Mobile,Venture Capital
Founded date
Jan 1, 1954
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Government Office,Venture Capital

The Korea Development Bank (KDB) provides long-term financing for projects designed to assist Koreaâ€:tm:s economic growth and development. It offers equipment capital loans and working capital loans to Korean private enterprises that undertake major industrial projects. The bank also extends guarantees to its clients to facilitate their other borrowings and to finance major industrial projects. KDB guarantees Won-denominated corporate debentures, local currency loans, and other Won liabilities and foreign currency loans from domestic and overseas Korean financial institutions and from foreign institutions. The bankâ€:tm:s other activities include engagement in a range of industrial development activities, including conducting economic and industrial research; performing engineering surveys; providing business analyses and managerial assistance; and offering trust services. As of June 30, 2007, KDB had 40 local branches, 6 overseas branches, and 2 overseas offices. The bank was founded in 1954 and is headquartered in Seoul, South Korea.

Investments

Number of Investments
Number of Lead Investments
6
1
Korea Development Bank has made 6 investments. Their most recent investment was on Dec 19, 2022, when Toss raised $405M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 19, 2022 Toss
Series G $405M Financial Services
Jul 22, 2022 Anipen
Series C ₩11B Digital Entertainment
Aug 11, 2021 Deepbrain AI
Series B $44M Artificial Intelligence Yes
Jun 22, 2021 Toss
Series Unknown $410M Financial Services
Oct 11, 2018 Classting
Series Unknown $4M E-Learning