
Participants in a signing ceremony for a 480 billion won ($388 million) green syndicated loan hold copies of the agreement at the Korea Development Bank (KDB) headquarters in Seoul, Friday. The state-run bank and three other financial firms agreed to lend the money to Hyundai Heavy Industries (HHI) for eco-friendlier shipbuilding. From left are Industrial and Commercial Bank of China's Seoul branch head Niu Jianjun, HSBC global banking for Korea head Howard Kim, HHI Senior Executive Vice President Cho Young-cheul, KDB Vice President Choi Dae-hyun and KDB Capital Deputy President Kim Keon-yeol. / Courtesy of KDB