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Annual Report

Adapt & Prosper

Having functioned as a government-owned bank for over half a century, KDB is now preparing for its new role as a private enterprise. The government's privatization plan seeks to foster KDB as an internationally-competitive global CIB group. KDB is one of the strongest and the most experienced players in Korea's debt capital markets, and its Daewoo Securities subsidiary is one of the largest operators in the equity markets. Their combined strengths will smooth KDB Group's launch as a global CIB group.

The privatization will proceed with the full backing and support of the government, spanning a period of time that creates the greatest advantages for the new business. KDB will also provide ongoing expertise in stabilizing the domestic financial market until full privatization. During the current transition period, the Bank will focus on raising competitiveness in its future core businesses of corporate banking, investment banking and asset management, as well as on making inroads into overseas markets.

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