KDB invites children to experience city culture
Korea Development Bank (KDB) has invited children living in rural areas to experience the culture of Seoul, the state-run policy bank said Tuesday.
KDB took 40 elementary school students from Hwacheon County, Gangwon Province, to Cheong Wa Dae and a museum in Seoul.
During their three-day trip to the capital last week, they also visited an amusement park, as well as toured the bank’s headquarters in Yeouido.
KDB officials introduced them to how banks are operated and the basic concept of financing.
The state-run policy bank has been inviting children of families who make their living by fishing and farming in remote areas to the capital since 1985 as part of its social contribution.
“We held this event every year, inviting children to the city and hoping that they could experience something new,” a KDB official said.
Since its establishment in 1954, KDB has played a pivotal role in the country’s fast economic growth. In particular, the outfit’s primary business has been corporate banking.
Over its six decades in business, it has provided vast amounts of industrial capital through traditional banking services such as loans, investments and guarantees to help develop the country’s industries.
The capital made available by KDB facilitated the development of key manufacturing and chemical industries in the 1960s and 1970s. Since the 1990s, it has focused on cultivating technology-based industries such as semiconductors.