Industrial Bank of Korea - Company Profile
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Industrial Bank of Korea (IBK) offers retail, corporate, SME, and private banking, treasury, and international business solutions. Its product portfolio includes demand deposits, credit and debit cards, mortgages, home loans, and term loans. The bank also provides foreign exchange services, Internet and mobile banking, remittance, money market, wealth management, and investment management services. It offers these products and services to individuals and corporate customers through a network of branches, ATMs, and digital channels. The bank has a presence in Japan, Hong Kong, Vietnam, the UK, India, Cambodia, Indonesia, China, Myanmar, and the Philippines. IBK is headquartered in Seoul, South Korea.
Industrial Bank of Korea premium industry data and analytics
Products and Services
Products | Services |
---|---|
Foreign Workers: | Foreign Workers: |
Savings Account | Overseas Remittance |
Cards | Online and Smart Phone Banking |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Corporate Changes/Expansions | In December, the bank launched a venture capital subsidiary, IBK Venture Investment. |
2023 | Financing Agreements | In July, the company along with other investors invested in BLQ. |
2023 | Contracts/Agreements | In June, the company signed an agreement to acquire COOCON Corporation. |
Competitor Comparison
Key Parameters | Industrial Bank of Korea | Hana Financial Group Inc | KB Financial Group Inc | Shinhan Financial Group Co Ltd | Woori Financial Group Inc |
---|---|---|---|---|---|
Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
City | Seoul | Seoul | Seoul | Seoul | Seoul |
State/Province | - | Seoul | - | - | - |
No. of Employees | 12,495 | 101 | 25,320 | 21,689 | 13,434 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kim Sung-tae | President; Chief Executive Officer; Chairman | Executive Board | 2023 | 61 |
Kim Hyung-il | Deputy Chief Executive Officer; Director | Executive Board | 2023 | 59 |
Lee Kun-kyong | Director | Non Executive Board | 2023 | 73 |
Kim Jeong-Hoon | Director | Non Executive Board | 2021 | 65 |
Jeon Byeong seong | Chief Compliance Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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