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).
|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)|
|European Presence||3 banks in 3 countries|
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
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|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||KODB|
|Country Code||SK (Slovakia)|
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.