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10 August 2020 The on-line newspaper devoted to the world of transports 05:07 GMT+2

June 23, 2016

KDB unveils reform measures to cope with heavy debt exposure to shipbuilders

SEOUL, June 23 (Yonhap) - South Korea's policy lender Korea Development Bank (KDB) on Thursday outlined a set of self-reform measures amid criticism over its lack of expertise in restructuring and supervising companies under its control.
In a press conference held at its headquarters in Yeouido, Seoul, the state-run bank said it will set up its “KDB Innovation Committee” to carry out six major reform measures from the fourth quarter ......
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