KDB boosts export financing

Korea Development Bank is to use a $50 million trade finance facility to help finance a booming export economy.
January 22, 2001

Korea Development Bank (KDB) is to receive $50 million trade finance facility via a syndication arranged by Deutsche Bank. The facility will be used by KDB to provide pre- and post-export finance to the booming Korean export economy which recorded a $12.1 billion trade surplus in 2000.

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