House of the year, Korea - Korea Development Bank

Asia Risk Awards 2006

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Korea Development Bank (KDB) was an obvious choice when it came to choosing Asia Risk's Korean house of the year. The bank has been at the forefront of efforts to develop the country's credit derivatives market, working closely with the Korean Ministry of Finance and Economy and the Financial Supervisory Service (FSS) to establish a Korean won synthetic collateralised debt obligation (CDOs) market.

In October 2005, KDB and French bank BNP Paribas co-arranged a dollar-denominated synthetic CDO