Korea Development Bank
Mirae Asset Securities was founded in 1999, a year after Mirae Asset Global Investments, Korea’s first retail mutual funds offering asset management company, was founded. In the meantime, Daewoo Securities was founded in 1970 as a part of the Daewoo Corporation. Daewoo Securities was spun off from the Daewoo Corporation in 1999 and has merged to Korea Development Bank and merged with Mirae Asset Securities as of the end of 2016.