March 27, 2024

The state-run bank will focus on bolstering KDB Life’s financial health before searching for a new buyer

By Jong-Kwan Park | The Korea Economic Daily| March 27, 2024

The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer before putting it back on the market at a higher valuation, according to people with knowledge of the matter on Wednesday.Read More »KDB halts KDB Life sale process to take full control