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Tags Korea Development Bank (KDB)

Tag: Korea Development Bank (KDB)

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New KDB boss: HMM, DSME must be sold at soonest

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Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...
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South Korean government’s HMM stake sale to be outlined in 2022 first quarter

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The South Korean government is discussing the offloading of the state's shares in HMM with the Financial Supervisory Service, Korea Development Bank (KDB) and...
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KDB holding on to more than half of HMM’s reserves

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It turns out that 67% of HMM's surplus US$4 billion funds have been deposited in low-interest funds managed by its largest shareholder Korea Development...
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SM Line shoots down rumours of acquiring HMM

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South Korean liner operator SM Line has refuted market talk that it could try to acquire the Korea Development Bank's stake in its larger...
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HMM must improve salary system and bank will eventually release control, said KDB chairman

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Korea Development Bank chairman, Lee Dong-gull has called on HMM to improve its salary system and disclosed that the state policy lender will inevitably...
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Korea Development Bank doubles its stake in HMM

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Korea Development Bank (KDB), which is already the largest shareholder of HMM, will double its stake in South Korea's flagship liner operator by changing...
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KDB to entirely reform HMM

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Korea Development Bank (KDB) has vowed to carry out intense reform of Hyundai Merchant Marine (HMM) to normalize the ailing shipping firm's management. KDB...
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