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Industrial Bank of Korea's Overview

Total employees833
HeadquartersSeoul
Founded1961

Industrial Bank of Korea (IBK) is a leading state-owned financial institution in South Korea, established in 1961. Its primary mission is to foster the growth of small and medium-sized enterprises (SMEs) by providing a comprehensive range of financial services, including loans, deposits, foreign exchange, and corporate finance solutions. IBK also offers retail banking services to individual customers and plays a crucial role in supporting the South Korean economy's stability and development. The bank is committed to innovation, customer satisfaction, and contributing to a sustainable society.

Where is Industrial Bank of Korea's Headquarters?

HQ Function

Serves as the central hub for all domestic and international operations, strategic decision-making, corporate governance, and development of financial products and services.

Notable Features:

A modern high-rise building located in Seoul's prominent financial district, equipped with advanced infrastructure to support its extensive banking operations.

Work Culture:

Characterized by professionalism, a strong emphasis on customer service (particularly for SMEs), collaboration, and a commitment to ethical financial practices. Employees are often dedicated to contributing to national economic development.

HQ Significance:

The headquarters is pivotal for IBK's role as a key financial institution supporting South Korea's SME sector and overall economic growth. Its location in Seoul's financial hub facilitates interaction with other major financial entities and regulatory bodies.

Values Reflected in HQ: The headquarters' architecture and operations reflect IBK's core values of stability, customer trust, innovation in financial services, and its commitment to supporting the growth of Korean enterprises.

Location:

Industrial Bank of Korea maintains a strategic global presence with a network of branches, subsidiaries, and representative offices in key financial centers and emerging markets across Asia, Europe, and North America. This network supports Korean SMEs in their international expansion, facilitates global trade finance, offers cross-border investment services, and provides corporate banking solutions to both Korean and local enterprises in overseas markets. Key functions include international trade settlement, foreign currency denominated loans, overseas investment support, and local currency funding.

Street Address:

79, Eulji-ro, Jung-gu

City:

Seoul

State/Province:

Country:

South Korea

Industrial Bank of Korea's Global Presence

New York, NY, USA

Address: 350 Park Avenue, 24th Floor, New York, NY 10022, USA

To serve as a financial bridge between South Korea and the Americas, supporting bilateral trade and investment, and providing financial solutions to Korean enterprises and local businesses in the region.

London, United Kingdom

Address: 8th Floor, City Tower, 40 Basinghall Street, London, EC2V 5DE, United Kingdom

To facilitate financial transactions and business expansion for Korean companies in Europe, and to engage with one of the world's leading financial centers.

Beijing, China

Address: Unit 01-04&09-12, 31F, SK Tower, No.6 Jianguomenwai Avenue, Chaoyang District, Beijing, P.R. China

To support the significant number of Korean SMEs operating in China, facilitate bilateral trade and investment, and tap into the growth of the Chinese market.

Tokyo, Japan

Address: 16F, Marunouchi Trust Tower Main, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan

To support economic exchange and business activities between South Korea and Japan, two major economies in East Asia.

Buying Intent Signals for Industrial Bank of Korea

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Industrial Bank of Korea

As of April 2025, Industrial Bank of Korea' leadership includes:

Kim Sung-tae - President & CEO
Park Jonghyeon - Senior Executive Vice President, Head of IBK Capital Markets & ESG Group
Kim Hyeongon - Senior Executive Vice President, Head of IBK Digital & Global Group
Choi Gwangjin - Senior Executive Vice President, Head of IBK Corporate Finance & CIB Group
Park Joobeum - Senior Executive Vice President, Head of IBK Consumer & Employment Group
Lee Seok-hyun - Standing Auditor

Investors of Industrial Bank of Korea

Industrial Bank of Korea has been backed by several prominent investors over the years, including:

Government of the Republic of Korea (Ministry of Economy and Finance)
The Export-Import Bank of Korea (KEXIM)
Korea Development Bank (KDB)
National Pension Service of Korea (NPS)
Publicly traded on the Korea Exchange (KRX: 024110)

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

Industrial Bank of Korea strengthened its leadership with key appointments for Deputy President roles in early 2024, focusing on its CIB and IT divisions. No major executive departures at the SEVP level or above were prominently reported in public news sources over the past 12 months.

New Appointments:

Kim In-Kye, Kim In-Kye was appointed as Deputy President of the CIB group, enhancing leadership in corporate investment banking.
Lee Myung-han, Lee Myung-han was appointed as Deputy President of the IT group, strengthening the bank's technological capabilities.

Technology (Tech Stack) used by Industrial Bank of Korea

Discover the tools Industrial Bank of Korea uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Industrial Bank of Korea Email Formats and Examples

Industrial Bank of Korea, like many large corporations, likely utilizes standardized email formats for its employees. Common patterns include combinations of first name, last name, and initials. While specific internal formats are not publicly detailed, logical assumptions can be made.

Common patterns include [first_initial][last_name]@ibk.co.kr (e.g., jdoe@ibk.co.kr) or [first_name].[last_name]@ibk.co.kr (e.g., jane.doe@ibk.co.kr). The exact internal convention can vary across departments or over time.

Format

kstae@ibk.co.kr (Hypothetical example for CEO Kim Sung-tae, based on a common pattern [first_initial][last_name_syllable(s)]; actual email not publicly confirmed).

Example

80%

Success rate

News and media

The Korea TimesMay 20, 2024

IBK, Hana Bank accelerate digital transformation

IBK is enhancing its mobile banking app, i-ONE Bank, with AI-powered financial assistants and personalized services to improve customer experience and streamline banking operations as part of its broader digital transformation strategy....more

Business KoreaMay 2, 2024

IBK Financial Group Joins UN ‘Principles for Responsible Banking’

IBK Financial Group has officially joined the United Nations Environment Programme Finance Initiative (UNEP FI) Principles for Responsible Banking (PRB), committing to aligning its business strategy with sustainable development goals and enhancing its ESG management....more

The Korea HeraldJanuary 18, 2024

IBK to provide W3tr financial support for SMEs

Industrial Bank of Korea announced plans to provide 3 trillion won ($2.24 billion) in financial support to small and medium-sized enterprises facing high interest rates and economic slowdown, aiming to alleviate their financial burdens and support business stability....more

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