KDB Life Insurance, a subsidiary of state-run Korea Development Bank (KDB), fell into a state of complete capital erosion as of March, raising the possibility that it may be designated a troubled ...

A private equity fund (PEF) established for the acquisition of KDB Life is approaching liquidation, making the sale of KDB Life virtually impossible. The Korea Development Bank (KDB) is considering ...

KDB Life Insurance has been found to be in a state of virtually 'complete capital impairment' as of the end of last year. KDB Life has attempted to sell itself over the past decade but has failed, ...

The uncertain fate of KDB Life Insurance has long presented a headache to its major shareholder, the Korea Development Bank (KDB). The key problem for the state-run lender is that there are only two ...

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