---
title: "The Korea Development Bank SWIFT/BIC code KODBKRSEXXX · South Korea | Elucidate"
description: "SWIFT/BIC code KODBKRSEXXX for The Korea Development Bank, South Korea. 1 branch BIC, LEI 549300ML2LNRZUCS7149, addresses and Swift connectivity."
url: https://elucidate.co/directory/the-korea-development-bank-kodbkrse
---
1. [Directory](https://elucidate.co/directory)
2. [South Korea](https://elucidate.co/directory/country/kr)
3. The Korea Development Bank
South Korea · Financial institution
# The Korea Development Bank
Legal name in the LEI record 한국산업은행
The Korea Development Bank (KDB) is a state-owned policy bank established on 1 April 1954 under the Korea Development Bank Act. Its head office is in Yeouido, Seoul. The Government of the Republic of Korea owns 100% of its shares. It provides corporate banking, corporate restructuring, investment banking, project finance, venture investment, trade finance and trading services, and funds itself mainly through Industrial Finance Bonds. Korea Finance Corporation and KDB Financial Group were merged into the bank with effect from 31 December 2014.
BIC **KODBKRSEXXX** LEI **[549300ML2LNRZUCS7149](https://search.gleif.org/#/record/549300ML2LNRZUCS7149)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member [**1** branch code](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#branches) [Group: Korea Development Bank](https://elucidate.co/directory/group/549300ML2LNRZUCS7149) [Claim this profile](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** KODBKRSEXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Live member
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** [1 branch code](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#branches)
- **Other BICs with this LEI:** [KODBVNVX](https://elucidate.co/directory/korea-development-bank-hanoi-branch-kodbvnvx) · [KODBUS33](https://elucidate.co/directory/korea-development-bank-the-new-york-branch-kodbus33) · [KODBJPJT](https://elucidate.co/directory/korea-development-bank-the-tokyo-branch-kodbjpjt) · [KODBDEFF](https://elucidate.co/directory/the-korea-development-bank-frankfurt-branch-kodbdeff) · [KODBMMMY](https://elucidate.co/directory/the-korea-development-bank-yangon-branch-kodbmmmy)
- **BIC first registered:** 1992-03-02
- **Last updated:** 2025-11-15
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#overview-sources)
Total assets
KRW 384.6tn
Group · 31 Dec 2025 · [annual report ↗](https://vpr.hkma.gov.hk/statics/assets/doc/200110/ar_25/ar_25_eng.pdf)
Employees
Not published
Ownership
State-owned
100% Government of the Republic of Korea
Institution type
Development bank
Trades as KDB
- **Ownership:** The Government of the Republic of Korea holds 100% of the bank's shares directly. The Korea Development Bank Act obliges the Government to cover annual losses that the bank's reserves do not absorb.
- **Direct parent:** Government of the Republic of Korea, South Korea 100%
- **Head office:** 14 Eunhaeng-ro, Yeongdeungpo-gu, 07242 Seoul, South Korea
### Business lines
- Development finance
- Corporate banking
- Investment banking
- Markets & trading
- Trade finance
- Custody & securities services
- Retail banking
KDB provides policy-driven corporate lending, restructuring, project finance, venture and private equity investment, debt capital markets, FX and derivatives trading, and trust and pension services. Since December 2025 it has also managed the National Growth Fund.
### Online
- **Websites & references:** [kdb.co.kr ↗](https://www.kdb.co.kr/) [media.kdb.co.kr ↗](https://media.kdb.co.kr/) KDB media centre [rd.kdb.co.kr ↗](https://rd.kdb.co.kr/) KDB Future Strategy Research Institute [Wikipedia ↗](https://en.wikipedia.org/wiki/Korea_Development_Bank)
- **Official social accounts:** [Facebook ↗](https://www.facebook.com/withkdb) · [Instagram ↗](https://www.instagram.com/allwithkdb) · [YouTube ↗](https://www.youtube.com/channel/UCwb6O-JFMoqkeg5v3RxYv-Q) · [Naver Blog ↗](https://blog.naver.com/allwithkdb)
Sources · 9 pages consulted
1. [kdb.co.kr/BZCOWS00N00.act?\_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html](https://www.kdb.co.kr/BZCOWS00N00.act?_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html)
2. [kdb.co.kr/CHGLIR05N00.act?\_mnuId=IHIHEN0028&JEX\_LANG=EN](https://www.kdb.co.kr/CHGLIR05N00.act?_mnuId=IHIHEN0028&JEX_LANG=EN)
3. [vpr.hkma.gov.hk/statics/assets/doc/200110/ar\_25/ar\_25\_eng.pdf](https://vpr.hkma.gov.hk/statics/assets/doc/200110/ar_25/ar_25_eng.pdf)
4. [fdic.gov/system/files/2024-07/kdb-165-1612.pdf](https://www.fdic.gov/system/files/2024-07/kdb-165-1612.pdf)
5. [koreaherald.com/article/10575835](https://www.koreaherald.com/article/10575835)
6. [koreaherald.com/article/10682436](https://www.koreaherald.com/article/10682436)
7. [m.news.nate.com/view/20260323n34182](https://m.news.nate.com/view/20260323n34182)
8. [m.news.nate.com/view/20260323n33945](https://m.news.nate.com/view/20260323n33945)
9. [en.wikipedia.org/wiki/Korea\_Development\_Bank](https://en.wikipedia.org/wiki/Korea_Development_Bank)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#overview-sources)
- **Chair & chief executive:**  Park Sang-jin Chairman & CEO Confirmed 29 Sep 2026 · [kdb.co.kr ↗](https://www.kdb.co.kr/BZCOWS00N00.act?_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html)
- **Executive:**  Lee Bong-hee Vice Chairman & COO Confirmed 29 Sep 2026 · [kdb.co.kr ↗](https://www.kdb.co.kr/BZCOWS00N00.act?_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html)
- **Executive:** Kim Sang-kyun Chief Compliance Officer Confirmed 29 Sep 2026 · [kdb.co.kr ↗](https://www.kdb.co.kr/BZCOWS00N00.act?_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#overview-sources)
- **South Korea:** Financial Services Commission Prudential supervisor AML supervisor Conduct Other
- **South Korea:** Financial Supervisory Service Prudential supervisor AML supervisor Conduct
- **South Korea:** Bank of Korea Central bank
## Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/the-korea-development-bank-kodbkrse#overview-sources)
1. Mar 2026
Leadership
The Financial Services Commission appointed Lee Bong-hee, head of the Corporate Banking Division, as senior executive director (Vice Chairman & COO).
[m.news.nate.com ↗](https://m.news.nate.com/view/20260323n34182)
2. Dec 2025
Investigation
The bank disclosed that the Fair Trade Commission was investigating possible collusion by domestic financial institutions, including KDB, in Korea Treasury Bond auctions.
[vpr.hkma.gov.hk ↗](https://vpr.hkma.gov.hk/statics/assets/doc/200110/ar_25/ar_25_eng.pdf)
3. Dec 2025
Other
An amendment to the Korea Development Bank Act took effect and KDB launched the National Growth Fund, which has a KRW 150 trillion target.
[vpr.hkma.gov.hk ↗](https://vpr.hkma.gov.hk/statics/assets/doc/200110/ar_25/ar_25_eng.pdf)
4. Sep 2025
Leadership
Park Sang-jin took office as Chairman and CEO, ending a three-month vacancy after his predecessor left in June 2025.
[koreaherald.com ↗](https://www.koreaherald.com/article/10575835)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** KODBKRSEXXX
- **How the BIC breaks down:** 1. KODB Bank 2. KR Country · South Korea 3. SE Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 549300ML2LNRZUCS7149
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/549300ML2LNRZUCS7149)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** South Korea · East Asia & Pacific
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
The Korea Development Bank group has 11 institutions in the directory, in 11 countries: all hold a BIC.
Including [Korea Development Bank, London Branch](https://elucidate.co/directory/korea-development-bank-london-branch-kodbgb2l), [Banco Kdb do Brasil S.A.](https://elucidate.co/directory/banco-kdb-do-brasil-s-a-kodbbrsp), [Kdb Bank Europe Ltd.](https://elucidate.co/directory/kdb-bank-europe-ltd-kodbhuhb), [The Korea Development Bank](https://elucidate.co/directory/the-korea-development-bank-kdhkhkhh), [The Korea Development Bank, Singapore Branch](https://elucidate.co/directory/the-korea-development-bank-singapore-branch-kodbsgsg).
[See the Korea Development Bank group →](https://elucidate.co/directory/group/549300ML2LNRZUCS7149)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Registered address:** EUNHAENG- RO14 YEONGDEUNGPO- GU SEOUL 07242 28 KOREA, REPUBLIC OF
- **Operational address:** YEONGDEUNGPO- GU14 EUNHAENG- RO SEOUL 07242 SEOUL KOREA, REPUBLIC OF
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
KODBKRSEXXX
549300ML2LNRZUCS7149
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
KODBKRSEXXX
549300ML2LNRZUCS7149
THE KOREA DEVELOPMENT BANK
SEOUL
KR
EUNHAENG- RO14 YEONGDEUNGPO- GU SEOUL 07242 28
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Network
### Branch codes
| BIC | Branch | City | Address | LEI | Updated |
| --- | --- | --- | --- | --- | --- |
| [KODBKRSE001](https://elucidate.co/directory/the-korea-development-bank-kodbkrse-001) | INTERNATIONAL DEPARTMENT | Seoul | YEOUIDO- DONG16-3 YEOUNG DEUNGPO- GU SEOUL 150-973 SEOUL POB 28 KOREA, REPUBLIC OF | — | 2024-05-02 |
[See every BIC in South Korea →](https://elucidate.co/directory/country/kr#bics)
## Related institutions
### Same legal entity
- [Korea Development Bank - Hanoi Branch BIC KODBVNVX Financial institution Not on a tracked register Vietnam · Not on a tracked register · LEI 549300ML2LNRZUCS7149](https://elucidate.co/directory/korea-development-bank-hanoi-branch-kodbvnvx)
- [Korea Development Bank, The, New York Branch BIC KODBUS33 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 549300ML2LNRZUCS7149](https://elucidate.co/directory/korea-development-bank-the-new-york-branch-kodbus33)
- [Korea Development Bank, The, Tokyo Branch BIC KODBJPJT Financial institution Not on a tracked register Japan · Not on a tracked register · LEI 549300ML2LNRZUCS7149](https://elucidate.co/directory/korea-development-bank-the-tokyo-branch-kodbjpjt)
- [The Korea Development Bank Frankfurt Branch BIC KODBDEFF Financial institution Not on a tracked register Germany · Not on a tracked register · LEI 549300ML2LNRZUCS7149](https://elucidate.co/directory/the-korea-development-bank-frankfurt-branch-kodbdeff)
- [The Korea Development Bank Yangon Branch BIC KODBMMMY Financial institution Not on a tracked register Myanmar (Burma) · Not on a tracked register · LEI 549300ML2LNRZUCS7149](https://elucidate.co/directory/the-korea-development-bank-yangon-branch-kodbmmmy)
Other BICs mapped to the same LEI.
### Subsidiaries in the directory
- [Korea Development Bank, London Branch BIC KODBGB2L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800UVBWYXM97HSY04](https://elucidate.co/directory/korea-development-bank-london-branch-kodbgb2l)
- [Banco Kdb do Brasil S.A. BIC KODBBRSP Financial institution Not on a tracked register Brazil · Not on a tracked register · LEI 254900BWGC6X23Q02285](https://elucidate.co/directory/banco-kdb-do-brasil-s-a-kodbbrsp)
- [Kdb Bank Europe Ltd. BIC KODBHUHB Financial institution Not on a tracked register Hungary · Not on a tracked register · LEI 25940063825O2HW2DW43](https://elucidate.co/directory/kdb-bank-europe-ltd-kodbhuhb)
- [The Korea Development Bank BIC KDHKHKHH Financial institution Not on a tracked register Hong Kong SAR China · Not on a tracked register · LEI 9884008H9HW0YBMTJT20](https://elucidate.co/directory/the-korea-development-bank-kdhkhkhh)
Entities that GLEIF records with this LEI as their direct parent.
### Same group
- [The Korea Development Bank, Singapore Branch BIC KODBSGSG Financial institution Not on a tracked register Singapore · Not on a tracked register · LEI 549300XPNL3J2VYAWN77](https://elucidate.co/directory/the-korea-development-bank-singapore-branch-kodbsgsg)
[All 11 institutions in the Korea Development Bank group →](https://elucidate.co/directory/group/549300ML2LNRZUCS7149)
### Largest institutions in South Korea
- [Kookmin Bank BIC CZNBKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 549300XXMOJSIW8P4769](https://elucidate.co/directory/kookmin-bank-cznbkrse)
- [Bank of China Seoul Branch BIC BKCHKRSE Credit institution Prudential licence South Korea · On the FSB G-SIB list · LEI 54930053HGCFWVHYZX42](https://elucidate.co/directory/bank-of-china-seoul-branch-bkchkrse)
- [Korea Securities Depository BIC KSDCKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 9884008RRMX1X5HV6625](https://elucidate.co/directory/korea-securities-depository-ksdckrse)
- [Shinhan Bank BIC SHBKKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 5493003P813VL21KG928](https://elucidate.co/directory/shinhan-bank-shbkkrse)
- [Busan Bank BIC PUSBKR2P Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 98840019Y9P721BO0L96](https://elucidate.co/directory/busan-bank-pusbkr2p)
- [Citibank Korea Inc. BIC CITIKRSX Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 745P3MMS7E8CUVXDRJ82](https://elucidate.co/directory/citibank-korea-inc-citikrsx)
- [Keb Hana Bank BIC KOEXKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 6RPK2YDJN6L35AS0M510](https://elucidate.co/directory/keb-hana-bank-koexkrse)
- [Morgan Stanley and CO. International PLC, Seoul Branch BIC MSKRKRSX Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 4PQUHN3JPFGFNF3BB653](https://elucidate.co/directory/morgan-stanley-and-co-international-plc-seoul-branch-mskrkrsx)
[See every BIC in South Korea →](https://elucidate.co/directory/country/kr#bics)
Claim this profile
## Work at The Korea Development Bank?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Park Sang-jin: [kdb.co.kr](https://www.kdb.co.kr/BZCOWS00N00.act?_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html) (official website) · [original](https://www.kdb.co.kr/wcmscontents/hmp/ch/gl/ak/rc/20250918_02_eng.jpg); Lee Bong-hee: [kdb.co.kr](https://www.kdb.co.kr/BZCOWS00N00.act?_mnuId=IHIHEN0011&wcmsPath=%2Fhmp%2Fch%2Fgl%2Fak%2FCHGLAK1200.html) (official website) · [original](https://www.kdb.co.kr/wcmscontents/hmp/ch/gl/ak/rc/20260401_img2_001.png).
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.