The Korea Development Bank - London Branch (formerly The Korea Development Bank)
The Korea Development Bank - London Branch is located at United Kingdom, London. It is one of 361 credit institutions operating in United Kingdom.
Any bank can be identified for different purposes and hence can have several different identifiers.
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Credit ratings assigned to The Korea Development Bank - London Branch as of July 2014 are shown in details in the following sections.
Long-term rating is for The Korea Development Bank - London Branch it is set to Aa3 (high grade). Long-term bank deposit rating is not assigned. Bank financial strength rating is not set. Short-term rating is not assigned.
Outlook for the ratings of The Korea Development Bank - London Branch is set to stable (not likely to change).
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in United Kingdom are obliged to participate in British deposit guarantee scheme.
In the case of The Korea Development Bank - London Branch failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
Further Information: Deposit Guarantee Scheme in United Kingdom
ECB Minimum Reserves Requirements (MRR)
Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.
Related Information on United Kingdom