Korea Development Bank lost USD 4.8 bln on South Korea crisis
State-owned Korea Development Bank exits 2016 with its biggest deficit in 18 years due to losses on loans to shipping, including exposure to DSME and bankrupt Hanjin.
![Photo: Mark Lennihan/AP/Polfoto/Arkiv](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article8966106.ece/ALTERNATES/schema-16_9/hanjin.jpg)
USD 4.8 billion. That is how much the crisis in the South Korean shipping sector has cost Korea Development Bank.
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