Industrial Bank of Korea

Industrial Bank of Korea (IBK) is a financial institution based in Seoul, South Korea. Founded in 1961, IBK is a state-owned bank with a primary focus on providing financial services to small and medium-sized enterprises (SMEs) and industrial sectors, playing a crucial role in supporting the development of industries and contributing to the overall economic growth of South Korea. Offering a wide range of banking and financial products, including loans, deposits, and other tailored services for businesses, IBK also provides services such as trade financing, foreign exchange, and investment banking. While specific details about the last investment are not available, IBK remains a key player in contributing to the economic development of South Korea through its strategic focus on SMEs and industrial support.