House of the Year, Korea – Korea Development Bank

Asia Risk Awards 2012 winner: Korea Development Bank – House of the Year, Korea

Bae Yungsup, KDB

As South Korea's export-based economy continues to expand, Korea Development Bank (KDB) has stood out this year for its increasing focus on risk management while assisting clients with their increasingly diverse hedging requirements.

The policy bank, which is primarily government owned, has a remit to finance specific industries such as infrastructure but the bank also has a long-term strategy to become a privatised institution and emerge as one of the major corporate investment banks in the

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