About KDB Bank
Based on our expertise in finance and according to the policy of high-quality customer service, we provide all of our prosperous and goal-oriented clients with flexible financial solutions.
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Dear valued clients and business partners,
On behalf of KDB Bank Europe, I would like to express my sincere gratitude for the trust and encouragement you have shown throughout the last business year, and for the continued interest in our activities.
2016 has brought great achievements for our Bank and marked the beginning of a new successful chapter. Hungary and KDB Bank Europe have left behind a tough period filled with challenges caused by adverse international and domestic developments. Nevertheless, it was a year that saw the Bank’s primary goal becoming a reality: after two years of loss, 2016 was profitable again.
During this volatile period we have worked steadily. The establishment of a solid profit base and meaningful growths in our corporate loan portfolio and deposits were the prime drivers behind our progress which allowed us to reach our ambitious targets. I believe that these successes reflect our commitment to keep the highest standards of client service, business performance and management practices.
Regarding our vision, the confidence that led us into 2017 is still a highly motivating force. On this basis we aim to strengthen KDB’s brand value and reputation as a provider of tailored financial products and services.
With a view to increasing our market presence, competitiveness and profitability, we are strongly determined to further develop both our corporate and retail business lines, concentrating on quantitative and qualitative aspects, effectively reflecting on market and client demands. We are ready to deliver on our commitments and promote our business with greater force and self-innovation in 2017.
As the only Korean bank in Hungary, we offer our uniqueness rooted in a corporate culture marked by strong work ethic and efficient business manner. We are supported by the financial power of our parent bank, a global player and acknowledged expert in corporate and development finances.
Also, by investing in our expertise gained during the almost three decades of operation in Hungary, we will make great progress in key business areas, including corporate financing and cross border activities. We are looking forward to expand the range of our domestic and international corporate clients, Asian clientele, syndications and SME financing as our major driving force.
Let us maintain our mutually fruitful partnership for the upcoming year and reach further proud milestones together.
Yoon Jae Keun
President & CEO
KDB Bank Europe Ltd.