The Korea Development Bank(hereinafter KDB) was founded in 1954 in accordance with The Korea Development Bank Act for the purpose of supplying and managing major industrial capital to help develop Korean industries and the national economy. For the half century since then, KDB has faithfully fulfilled its role as a government-run bank, anticipating and coping with changes in the economic and financial environment.

2000's

New financial policy amid market-oriented economic paradigm
- Expansion and diversification of industrial capital supply for dissolution of credit blockade and expansion of growth power industries
- Efficient support for the government's policies including rearing small and medium enterprises, expanding social overhead capital, and balanced economic development in local regions
- Resolution of financial and economic uncertainties through leadership and representative roles in corporate restructuring and foreign capital funding
- Completion of Universal Banking Services with the four core businesses - Corporate Banking, Investment Banking, International Banking, and Corporate Restructuring & Consulting to meet various and changing needs of customers, and pioneer in the financial frontier

1990's

Providing comprehensive corporate banking services
- Reinforcement of corporate banking services to secure international competitiveness and advancement of industrial structure amid economic globalization
- Support for fostering technology-intensive industries including semiconductors, and provision of comprehensive corporate banking services responding to corporate globalization

1980's

Sustaining a primary long-term industrial financing institution
- Intensive support for automobile and electronic industries by providing long-term facility financing in order to construct a stable growth base of the national economy
- Expansion of the portion of independent fund raising through issuing Industrial Finance Bonds(IFBs) and inducing foreign capital, carrying out the role of the primary long-term facility financial institution

1970's

Solidifying a development finance system
- Fund supply to energy, heavy chemical, and export-oriented industries, meeting the government's 5-year plans of economic development
- Expansion of Industrial Finance Bond(IFB) issuance and initiation of new financial businesses such as foreign capital borrowings, security underwriting, and corporate bond guarantee

1950's

Supporting the nation's economic rehabilitation
- Restoration of industrial facilities destroyed during the Korean War and preemptive support to base industries such as electricity, coal, and cement to recover economic independence

Chronology

2025	Established the High-Tech Strategic Fund
2021	Launched KDB Silicon Valley
2020	Established the Key Industry Stabilization Fund
2019	Initiated NextRise
2018	Issued Korea’s first KRW-denominated Green Bond
2016	Initiated KDB NextRound Became Korea’s first Green Climate Fund(GCF) Accredited Entity
2014	Revised the KDB Act passed by the National Assembly
2013	Launched KDB Uzbekistan
2012	Launched KDB Technobanking
2011	Launched KDBdirect
2010	Commenced retail loan service
2009	Incorporated as a subsidiary of KDB Financial Group KDB spin-off(KDB Financial Group and Korea Finance Corporation) Revised the KDB Act(Privatization Act) passed by the National Assembly
2008	Applied Basel-II Internal Ratings-Based Approach(IRB) approved by the FSS
2007	Launched first in the market 'Socially Responsible Financial' services
2006	Commenced retirement pension business
2005	Established private equity fund Commenced custodian business
2003	Commenced consulting business Commenced bancassurance business
2002	Sold Daewoo Motor Co. to General Motors Corp.
2001	Moved to new head office(Yeouido-dong, Seoul)
2000	Enacted the Customer Service Charter
1999	Commenced equity investment to high-tech firms and SMEs Issued a Global Bond of USD 1 billion Lead-managed the issuance of Korea's first SOC Bond
1994	Issued the first Global Bond(USD 500 million)
1993	Authorized by the government to approve applications for overseas direct investment
1989	Introduced trust business
1985	Moved to new head office(Gwancheol-dong, Seoul)
1978	Issued the first Samurai Bond(JPY 10 billion)
1974	Issued the first IFB in foreign currency(worth USD 19 million) to obtain investments from Middle Eastern nations
1973	Started class A foreign exchange and foreign currency loans business
1969	Restarted IFB issuance and initiated IFB counter sales Changed the Bank's English name to the "Korea Development Bank"
1967	Introduced second-rate foreign exchange services
1962	Initiated guarantees to the Bank of Korea on the repayment of foreign commercial loans
1961	Initiated stock underwriting, bond guarantee and foreign capital introduction businesses
1955	Issued the first Industrial Finance Bond(IFB)
1954	Established as the "Korea Reconstruction Bank"