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KOREA UNITED DEVELOPMENT BANK
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Type Company Card addedAugust 10 Threat lists flagged Reviews1
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Threat lists · flagged Government-sanctioned entity
This name is on an official government sanctions list.
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On our lists sinceAugust 10, 2026
What to do: Dealing with a sanctioned party may be illegal where you live. Check the official register first.
Where this came from: France Tresor national asset freezes — An official register of sanctions, bans and enforcement actions.
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Reviews · 1
KOREA UNITED DEVELOPMENT BANK sounds like a policy bank or development finance shop, the sort of institution that sits between government priorities and company funding. By our assessment, that makes it more about longer-term lending and industrial support than about flashy retail banking. The strength is the narrow brief: development banks can back projects that ordinary commercial lenders would pass over. The trade-off is the usual one for this kind of institution, with slower, more formal decisions and a purpose that can feel remote to ordinary customers. In practice, this is a name for people who need a state-linked finance channel, not a place for everyday banking. It sits closer to export credit and industrial finance than to a high-street bank, and the balance sheet logic is likely to matter more than customer polish.
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