On the 31st, Korea Development Bank announced that it has resolved to pay 758.7 billion won in dividends this year.
At the regular shareholders' meeting held on the 28th, the bank passed the resolution to pay dividends. Since the bank's equity is composed of 100% government shares, the dividends will be fully returned to the government.
The bank recorded a net profit of approximately 2 trillion won last year. Thus, the bank succeeded in achieving profitability for the eighth consecutive year. This reflects a decrease of about 500 billion won compared to the previous year's net profit of 2.5 trillion won.
The bank stated that it achieved asset expansion through a total fund supply of 87.9 trillion won, including the expansion of the early gap industry support program and the launch of a special program for semiconductor facility investment support, securing stable ordinary income.