kdb swings to red in 13 years in 2013
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

KDB swings to red in 13 years in 2013

Arab Today, arab today

Arab Today, arab today KDB swings to red in 13 years in 2013

Seoul - Yonhap

State-run Korea Development Bank (KDB) is expected to swing to a net loss in 2013 from a year ago as local industries have fallen into a deep slump, market sources said Tuesday. KDB is forecast to post a net loss of 1.45 trillion won (US$1.35 billion) for 2013, falling sharply from a net income of 946.8 billion won tallied a year earlier, according to the sources

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