KDB Bank Europe Ltd., pobočka zahraničnej banky

Korea Development Bank (KDB) is a state-owned bank, founded in 1954 to finance and manage major industrial projects to expedite industrial development and enhance the national economy. Korea Development Bank provides products and services in coprorate and investment banking as well as international banking. KDB Bank Europe Ltd., pobočka zahraničnej banky operates as a branch of KDB Bank Európa Zártkörűen Működő Részvénytársaság (Hungary).

Contacts 
    Address  Obchodná 2, 811 06, Bratislava, Slovakia
Headquarters  KDB Bank Európa Zártkörűen Működő Részvénytársaság (Hungary)
Bank Category  Branches of foreign banks
Start Date  August 2013
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Bank Identifiers
    BIC (SWIFT)  KODBSKBXXXX
    MFI ID  SK47248572
European Presence  3 banks in 3 countries

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of foreign banks operating in Slovakia participate in deposit guarantee schemes of their home countries. This means that KDB Bank Europe Ltd., pobočka zahraničnej banky participates in the deposit guarantee scheme of Hungary.

In the case of KDB Bank Europe Ltd., pobočka zahraničnej banky failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  HUF

Further Information: Deposit Guarantee Scheme in Hungary

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of KDB Bank Europe Ltd., pobočka zahraničnej banky and its components are shown in the table below.

BIC  KODBSKBXXXX
Bank BIC Code  KODB
Country Code  SK (Slovakia)
Location Code  BX
Branch Code  XXX

MFI ID

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.

MFI ID of KDB Bank Europe Ltd., pobočka zahraničnej banky is shown in the table below.

MFI ID  SK47248572

European Presence

This bank operates in the following European countries and selected dependent territories of the European countries:

Hungary

Slovakia

  •  (this bank) KDB Bank Europe Ltd., pobočka zahraničnej banky (Bratislava)

United Kingdom

Related Information on Slovakia

  Economy and Banking Sector of Slovakia

  List of Banks in Slovakia

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