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Having bankrolled Korea¡¯s industrial and economic development over the past half century, KDB took the first step towards privatization and successfully emerged as KDB Financial Group in October 2009 through a holding company structure.
As of the end of 2009, KDB Financial Group¡¯s subsidiaries included the following five financial companies: Korea Development Bank(KDB), Daewoo Securities, KDB Capital, KDB Asset Management, and Korea Infrastructure Investments Asset Management(KIAMCO). Through the over 220 combined branches of these subsidiaries, the Group is establishing a one-stop system offering banking, securities, capital, asset managemen
-t, and other diverse financial services.
Looking forward, the Group plans to grow into a global top-20 financial services institution by 2020. In order to accomplish this it will focus on corporate banking, investment banking, and asset management as core businesses by fusing KDB's premier customer base with the superior competencies in the capital market of Daewoo Securities. KDB Financial Group looks forward to conducting itself as a true financial maestro in the not-so distant future.
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