Korea Development Bank announced on the 26th that it will establish a financial support program worth 100 trillion won over three years to focus on supporting advanced strategic industries.
The bank held a board meeting on the same day and decided to implement the 'Korea Rebound Program,' aiming to foster semiconductor, artificial intelligence (AI), and other nationally important advanced strategic industries with a total of 100 trillion won over three years. This will be divided into 90 trillion won in loans and 10 trillion won in direct investments (funds). The loans will be used for low-interest semiconductor loans linked to government investments (17 trillion won), its own products for supporting advanced industries (19 trillion won), and ultra-gap industry support (54 trillion won).
In the first year of implementation, next year, it plans to supply about 30 trillion won in policy funds, including the launch of a new semiconductor equipment investment support program at the lowest government bond interest rate.
Additionally, together with the five major commercial banks, it will establish a 9 trillion won future energy fund. The bank will participate as the largest investor (20%), while NongHyup, Shinhan, Hana, Woori, and NH Bank will each invest 16%. Asset management companies of each financial group will be responsible for managing the fund, planning to invest in low-carbon transition technologies and new energy generation.
The bank noted, '2025 will be a year where great challenges and opportunities coexist for the Korean economy' and added, 'As a representative policy financial institution responsible for 1% of the Korean economy, we will actively fulfill our role.'