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Tags Korea Development Bank (KDB)

Tag: Korea Development Bank (KDB)

South Korean government’s HMM stake sale to be outlined in 2022 first quarter

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...

KDB holding on to more than half of HMM’s reserves

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...

SM Line shoots down rumours of acquiring HMM

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...

HMM must improve salary system and bank will eventually release control, said KDB chairman

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...

Korea Development Bank doubles its stake in HMM

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...

KDB to entirely reform HMM

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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