kdb swings to red in 13 years in 2013
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Last Updated : GMT 05:17:37
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KDB swings to red in 13 years in 2013

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Emiratesvoice, emirates voice KDB swings to red in 13 years in 2013

Seoul - Yonhap

State-run Korea Development Bank (KDB) is expected to swing to a net loss in 2013 from a year ago as local industries have fallen into a deep slump, market sources said Tuesday. KDB is forecast to post a net loss of 1.45 trillion won (US$1.35 billion) for 2013, falling sharply from a net income of 946.8 billion won tallied a year earlier, according to the sources

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