House of the Year, South Korea – KDB
Against the backdrop of sluggish domestic demand and declining exports in which the Korean economy grew by 2% in 2012 and is projected to grow by 2.8% in 2013, Korea Development Bank (KDB) has continued to assist clients with their diverse hedging requirements in addition to increasing its volumes and market share in the Korean derivatives market.
The state-owned policy bank has a remit to finance major infrastructure projects in addition to expanding the domestic capital market. KDB provided
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