KDB Bank

SECTOR Agency
RATINGS AA/Aa2/AA-
RATING OUTLOOK All stable
FUNDING VOLUME 2019/2020 US$5.5BN/US$7.5BN
RISK WEIGHT, LCR LEVEL, SOLVENCY II 0%, Level 1, 0%
REPO ELIGIBILITY RBNZ
About KDB Bank

KDB Bank (KDB) was founded in 1954 with the mandate to build, strengthen and develop Korea’s national economy, industries and financial system as the primary state financial-service provider. The Korean government not only fully and directly owns KDB but is also obliged to replenish its capital should its reserves be insufficient.

As a leader in local corporate financing, KDB has nurtured its corporate clients and helped them become global players through 64 years of operation. KDB promotes Korean economic growth by providing indispensable financial resources to key industries. KDB acts as a market leader in corporate banking and restructuring, investment banking, project financing, and financial consultation.

Sustainable funding strategy

As a policy bank, KDB aligns its business with the Korean government’s policy and nurtures Korean industry and corporations where financial support is needed. KDB issued its first green bond in international capital markets in 2017 to support the green energy projects in which Korean corporations were involved, in overseas markets.

KDB set up its framework for GSS bond issuance which is in line with the Green and Social Bond Principles and KDB keeps compliant with the guidelines. KDB pioneered Korean green, social and sustainability (GSS) markets by issuing green bonds, social bonds and sustainability bonds in 2018 and 2019. Whenever KDB business lines expand to green- and social-related business, KDB will go to either or both international and local capital markets to issue GSS bonds.

SUSTAINABILITY OBJECTIVES OF GSS BOND PROGRAMMES
Green energy projects.

GSS BOND PROGRAMMES Green, Social and Sustainability Bonds

REFERENCE TAXONOMY FOR THE USE OF PROCEEDS

Green Bond Principles and Social Bond Principles project categories, issuer’s own definitions
FRAMEWORKS WITH WHICH THE GSS BOND PROGRAMMES ARE ALIGNED Green Bond Principles, Social Bond Principles
EXTERNAL REVIEW PROVIDERS Sustainalytics

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Yoo Seoung Kim
Head of Global Funding Team
+82 2 787 6207
This email address is being protected from spambots. You need JavaScript enabled to view it. 
www.kdb.co.kr/index.jsp