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Industrial Bank of Korea (IBK; Korean: 중소기업은행; RR: Jungso Gieop Eunhaeng) is a state-owned bank headquartered in Jung-gu, Seoul, South Korea. Under the Industrial Bank of Korea Act, IBK was established to promote small and medium-sized businesses and improve their economic status by providing an efficient credit system.
Branch Location. IBK Bank 79 Eulji-ro 2-ga, Jung-gu, Seoul. Copyright © 2019 IBK (Industrial Bank of Korea). All rights reserved.
2 days ago · Industrial Bank Of Korea on Monday reported its second-quarter net income of 609.7 billion won ($441 million), down 8.6 percent from a year earlier.
Launching of “CEO Card”, Korea’s first card where personal and corporate cards are combined. Introduction of the Ethics Officer (EO) for the first time among domestic banks. 03. Supporting live commerce to sell SME products for the first time in the financial sector.
Dec 28, 2023 · Industrial Bank of Korea (IBK) announced on Thursday that it has established IBK Venture Investment, a venture capital subsidiary, with an initial investment of 100 billion won ($77 million)....
May 25, 2023 · Industrial Bank of Korea’s Issuer Default Ratings are driven by its Government Support Rating, which is equalised with the Long-Term IDR of Korea (AA-/Stable), reflecting the bank’s close linkages to South Korea as a key policy bank.
3 days ago · Industrial Bank of Korea is also diversifying bank monetization as one of its management strategies in the second half of the year, along with reorganizing its subsidiary operating system. It plans to balance bank profits by providing growth engines for the non-interest sector. To this end, it plans to focus on improving market share in the ...
Nov 6, 2021 · The state's capital injection, KRW1.3 trillion since the onset of the pandemic, has supported its countercyclical role. The bank’s share of the system's SME loans increased by 0.5pp to 22% in 2020.
Nov 1, 2021 · Industrial Bank of Korea - Update. Equalised with Sovereign: Industrial Bank of Korea’s (IBK) Issuer Default Ratings (IDRs) are equalised with those of the South Korean sovereign (AA-/Stable/F1+), reflecting IBK's important policy role of supplying credit to SMEs, the state's 66% controlling ownership and the de facto solvency guarantee by ...
