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Korea - Second Development Bank Project (English)

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  • Korea - Second Development Bank Project (English)
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Title Korea - Second Development Bank Project (English)
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Material Type Reports
Publisher

World Bank (WB)

Date 1976
Language English
File Type Link
Subject Economy < Macroeconomics

Abstract

$75.0 million of the Second Korea Development Bank Project will be used by KDB to make sub-loans and investments to finance direct imports for industrial subprojects during the period 1977-78, the remainder of the loan, $7.5 million, will be re-lent by KDB to its wholly-owned subsidiary KILC, which will use these funds to acquire machinery, equipment, facilities or other property to be leased to investment enterprises, during the same period, for use in its leasing operations.