Industrial Bank of Korea

History

IBK, your financial partner
for a better future.
History
2018
10
  • Received 2018 Republic of Korea Financial Innovation Award hosted by Moneytoday
  • Received Comprehensive Grand Prize from 2018 Global Financial Expo hosted by Korea Business News
  • Opened Start-up NEST 「IBK Changgong(Start-up Factory)」at Guro
09
  • For the first time in the Financial Sector OR Industry, SME lending exceeded 150 trillion won
07
  • Launched Asset Management Service using Robo-advisor, 「i-ONE ROBO」
06
  • Implemented 「Message Banking·Voice Banking」 Service
05
  • Opened 「Big Data Portal and Platform」which supports customer management based on Big Data Analytics
  • Launched 「Smart Movable Collateral Mortgage Loan OR Movable asset-based loan」 based on the Internet of Things (IoT)
  • Designated as 「Korea’s Excellent Call Center」 operated by Korea Management Association for 12 consecutive years
04
  • Ranked No.1 in Technology Finance Evaluation sector by Financial Services Commission (Second half of the year 2017)
  • Opened 「IBK Namdong Love Daycare Center」 for children of SME workers
03
  • Opened the First Online Branch, 「IBK Ticket Monster Branch」
02
  • Launched 「Only-one Companion Loan」, a medium term loan with 1% range very low interest rate
2017
12
  • Opened Start-up NEST 「IBK Changgong(Start-up Factory)」at Mapo
  • Acquired 「Consumer Centered Management (CCM)」 Certification operated by Fair Trade Commission
  • Achieved 100,000 youth employment on IBK JOBWORLD
11
  • Received Presidential Commendation Award for Anti-Money Laundering operated by Financial Intelligence Unit
10
  • Sponsored IBK-Small Cinema, Culture Sharing Project
08
  • Proclaimed 「IBK Companion Finance」
07
  • Enacted and enforced 「Financial Consumer Protection Charter」
  • Implemented 「IBK Carbon Bank」which provide Energy-Saving Companies of Certificated Emissions Reduction(CER)
05
  • Designated as 「Korea’s Excellent Call Center」 operated by Korea Management Association for 11 consecutive years
04
  • Registered as IBK’s Finance Innovation Cases on The Case Centre
03
  • Ranked No.1 in Technology Finance Evaluation sector by Financial Services Commission (Second half of the year 2016)
02
  • Received the Best Financial Company Award in 2016 「One Company, One School Financial Education」hosted by Financial Supervisory Service
2016
12
  • Kim Do-jin took office as the 25th CEO of IBK
  • Won the Grand Prize (Financial Services Commissioner’s Award) in the finance category of the Aju Business Finance & Securities Awards
  • Crossed the 1.3 million mark in the corporate client count
10
  • Received the Grand Prize (Financial Services Commissioner’s Award) at the 5th Financial Consumer Protection Awards
  • Awarded the Presidential Commendation for financial innovation (fin-tech) on the 1st Finance Day
  • Launched 「Huik Dutch Pay Service」
  • Earned the Grand Prize (Financial Services Commissioner’s Award) at the 2016 Korea Financial Innovation Awards for 「i-ONE Playground Term/Installment Savings」
09
  • Won the First Award in risk management in the banks/savings banks segment at the 2016 Asia Today’s Finance Awards
  • Began 「IBK Commercial Area Info Service」
  • Launched a new product 「IBK Life Design Gift Trust」
  • Launched another offline-only product, 「i-ONE Playground Term/Installment Savings」
07
  • Introduced 『Huik~ Service(easy transfer + easy withdrawal)』 on i-ONE Bank
06
  • Began sales of 「i-ONE 300 Installment Savings」 and 「i-ONE Smart Account」
  • Announced 「IBK T-Solution+(Plus)」, an initiative for technology financing
05
  • Deployed 「Big Data System」 to utilize big data analysis for customized service and product development
04
  • Launched a new product, 「i-ONE Business Card Loan for Salaried Employees」
  • Introduced an alliance service, 「IBK-Samsung Pay」
  • Developed and commercialized 「IBK HOPE-funding Loan」 to provide guaranteed-credit for subscribers of Corporate Investment Information Forum in partnership with KODIT and Korea Technology Finance Corporation (KOTEC)
01
  • Began sales of 「IBK Stock-Trading Cash-back Account」 in partnership with IBK Securities
2015
12
  • Signed Partnership Agreement with Korea Credit Guarantee Fund (KODIT) to support start-ups and high-potential businesses
  • Signed 「Corporate Partnership Agreement」 with KT&G to promote regional economies
11
  • Began bancassurance sales via i-One Bank
  • Began operation of 「IBK Financial Group FinTech Dream Lab」 to nurture FinTech businesses and create FinTech ecosystem
  • Opened Manila Branch in the Philippines
10
  • Started to Offer 「Youth Hope Fund : Charitable Trust」
09
  • Signed 3-Party Partnership Agreement with Korea Technology Finance Corporation (KIBO) and Creative Economy Innovation Center (CEIC) to provide funding for CEIC-recommended businesses to nurture creative industries
07
  • MOU with the Ministry of Unification to support settlement of North Korean refugees
06
  • Began 「i-ONE Bank (App.)」, one-stop platform for banking services
04
  • Held 「2015 IBK FinTech Dream Competition」 to identify promising FinTech businesses with great ideas
  • Launched 「IBK Successful Start-up Loan」 to support start-ups
  • Opened New Delhi Branch in India
03
  • Signed Partnership Agreement with Korea Internet & Security Agency to support the FinTech industry
  • Declared 「IBK T-Solution」, the first brand for technology financing in the financial industry
02
  • Held a signing ceremony for 「Corporate Partnership Agreement」 with Large Corp-SME Partnership Foundation
01
  • Launched 「H.O.P.E. Movement & 3 Innovation Initiatives」
  • Opened two Representative Offices—Jakarta Office in Indonesia and Phnom Penh Office in Cambodia
  • Signed 「Corporate Partnership Agreement for SMEs」 with Pyeongtaek City
2014
12
  • Signed 「Corporate Partnership Agreement for SMEs」 with Korea Rural Community Corporation
11
  • MOU with University of Seoul to support college education of vocation school graduates working at IBK
10
  • Went live with 「POST Next Generation System」, 4th generation IT system
09
  • Introduced 「Technology Investment Program」
  • Recorded 70,000 job-labor matches under 『Youth Employment Project』
08
  • Announced 「IBK Life Planning Service」, brand for retirement financing
  • Signed 「Corporate Partnership Agreement for Small Merchants」 with Korea Asset Management Corporation
07
  • MOU with the Ministry of Unification to support settlement of North Korean refugees
06
  • Reached 14 million customers (including individuals, corporations and institutions)
05
  • Signed 「Corporate Partnership Agreement for Small-sized Exporters」 with Korea Deposit Insurance Corporation
03
  • Began a holistic marketing campaign, 「Go! Korea」
02
  • Opened Beijing Branch under IBK China Ltd.
01
  • Launched the 「10 Initiatives for Clean IBK Campaign」
  • Re-named as Public Institution
2013
12
  • Had the inauguration of the 24th CEO Kwon, Seon-joo
  • Won the 2013 Veterans and Merits Cultural Promotion Awards
  • Awarded the Presidential Commendation at the 「2013 Korea Volunteers Awards」
  • Named CSR Enterprise of the Year
11
  • Opened Hanoi Branch in Vietnam
10
  • Reached 2,000 in the number of unmanned branches
  • MOU with Unicredit of Italy
09
  • Named as the CSR Leader for Mutual Prosperity for two consecutive years
08
  • Won a notch upgrade of credit rating by S&P from A to ‘A+'
07
  • Launched IBK Savings Bank
06
  • MOU with the Overseas Edition of People’s Daily (China’s the biggest newspapers)
  • Signed the Agreement with JP Morgan (for training on IP/creative content financing)
05
  • Opened Suzhou Wujiang Sub-Branch under IBK China Ltd.
  • Received the Presidential Award for Institutions (Organization of Support Excellence) at the 2013 SME Merit Award
  • Opened 「SME Myeongpum Maru」, a showroom of SME products, at the Seoul Station
  • MOU with the State Bank of India
04
  • Opened Yangon Representative Office in Myanmar
  • Provided 100 billion won for the businesses operating within the Gaesong Industrial Complex, in consideration of chilling inter-Korean relations
03
  • Ranked 1st in top-of-mind awareness with newly launched commercials in 2013
  • Won the FSC Chairman Award (Institution) at the Small Loan Finance Grand Prize during the 2013 Small Loan Finance Forum
02
  • Opened 「IBK Cyber Dok-do Branch」 website (Singer Kim, Jang Hoon appointed as the Honorary Branch Manager)
2012
12
  • Awarded the Grand Prize at 『i-Eco Award Korea 2012』
  • Received the Composite Grand Prize at 『Korea Communication Business Grand Prize 2012 』
  • MOU with Yapi ve Kredi Bankasi of Turkey
  • MOU with Absa Bank of the Republic of South Africa
  • MOU with Small & Medium Industrial Development Bank (SMIDB) of Myanmar
  • MOU with Banco de Oro (BDO) of the Philippines
11
  • Signed MOU with Bank of China (BOC)
  • Won the Grand Prize at the 3rd App Award Korea for 「IBK Smart Touch」 (Organized by Digital Chosun Daily)
  • Surpassed 1 million in the number of 「Smart Banking」 users
  • MOU with Russia VEB Bank
10
  • MOU with the Korea Kindergarten Association for ‘My Happy Child Project’
  • Won the 2012 Korean Advertising Awards ‘Judge’s Special Award,’ and ‘Model of the Year’
  • Opened a Wuhan Branch in China
  • MOU with Spain Banco Santander
  • MOU with Australia New Zealand Bank
09
  • MOU with Deutsche Bank, Germany
  • Exceeded 1 trillion KRW in cooperative guarantee and insurance agreement products with ‘Korea Trade Insurance Corporation’
08
  • Exceeded 500,000 subscription for IBK Signature Card, ‘Cham-Jo-eun Chingu Card’ (Truly Good Friend Card)
06
  • ‘Sin-seo-min Sun-gim’ Saving Account, giving high interest rate for small deposits, selected as the Best Banking Product for the first half year by the Kyunghyang Newspaper
  • Selected as Hit Item of the first half of 2012 for its ‘New Citizen’s Service’ account by Kyunghyang Shinmun
05
  • Selected special branches for Creative Content Financing
03
  • Exceeded 100 trillion of KRW in SME Loans
  • Awarded the grand prize at the 2012 thebell Risk Manager Awards for three consecutive years
02
  • Exceeded 3 trillion KRW in retirement pensions
  • Published a WIN CLASS Money Solution (monthly magazine for the investment techniques)
01
  • Received the commendation from the President as the 2011 excellent institute for job creation
2011
12
  • Selected as the best institution in the public with integrity evaluation for two consecutive years by Anti-Corruption & Civil Rights Commission of Korea
  • Held an unveiling ceremony to commemorate being inducted into the Hall of Fame for winning grand prize for Customer Satisfaction Management
  • Acquired approval for its Basel II High-Level Internal Ratings based approach
  • Received the commendation from the President of Ministry of Knowledge & Economy in customer satisfaction sector of the 37th National quality Awards
  • IBK’s open recruitment selected as an excellent case study for 2011 Fair Society by Minister for Special Affairs
  • Selected as an outstanding institute for AML (FSS)
11
  • Received an Excellence Award from Korea’s Communication Awards 2011 in current Affairs Sector
  • Received the Presidential Citation Award at the Korea’s 3rd Human Awards
10
  • Acquired “excellent” grade for the 2011 Fund Mystery Shopping (FSS)
  • Received the grand prize of Korea’s 13th Design Awards
  • Received the commendation from the Ministry of Employment and Labor for the contribution of creating jobs
  • Launched a ‘Korea Lions Club Family’ Loans
09
  • Launched the ‘Truly Good Concerts’ to mark IBK’s 50th Anniversary
  • Received the commendation from the Chairman of the Board of Audit & Inspection as an institution of excellence for the best internal audit system.
  • Installed ATM-Payphone booth which came out on the market for the first time in Korea
08
  • Opened a Suzhou Kunshan Sub Branch in China
  • Opened IBK History Hall, Chung-ju
  • Opened IBK Training Center in Chung-ju
  • Held an inauguration ceremony for IBK ALTOS Women Volleyball Team
  • Launched “IBK Consulting Service Project” service
06
  • Exceeded 5 trillion KRW in U-bogeumjari Loans
05
  • Achieved 2 trillion KRW in retirement pensions
  • Exceeded 1 trillion KRW in Medium Sized Enterprises Loans
  • Awarded the grand prize at the Korea Electronic Finance Awards
  • Launched ‘IBK Mobile Website’, a smart phone-based mobile banking service
  • Exceeded 10 million retail customers
  • Opened a Shenzhen Branch in China
04
  • Exceeded a million sales of IBK Salary Deposit Accounts
  • Selected as the Best institute in ARS service operation evaluation
  • Acquired approval for Carbon Labeling credit card service (from KEITI)
  • Selected IBK Customer Center selected as a Korea’s Best Call Center for five consecutive years (by KMAC)
  • Exceeded 1 trillion KRW in Large Enterprises and SMEs Co-prosperity Loans
03
  • Awarded the grand prize at the 2010-2011 thebell Risk Manager Awards
2010
12
  • Selected as 2011 excellent customer protection financial corporation by Financial Supervisory Services
  • Achieved 1.5 million housing savings accounts
  • Awarded presidential commendation for supporting job creation
  • Jun-Hee Cho appointed as 23rd Chairman and CEO
  • Achieved 2010 PCSI excellence grade by the Ministry of Strategy and Finance
11
  • Hosted unveiling ceremony for Customer Satisfaction management awards hall of fame listing
10
  • Awarded grand prize for 2010 Korean sustainable management by the Ministry of Strategy and Finance
09
  • Opened IBK Smile Microbank Foundation Goyang branch
  • Opened IBK Smile Microbank Foundation Kangneung branch
  • Awarded commendation of social responsibility excellence by the Mayor of Seoul
  • Established IBK pension insurance
  • Opened IBK Smile Microbank Foundation Siheung branch
08
  • Expanded employment of full-time credit card recruiters
06
  • Awarded commendation for selection as an excellent self-auditing organization by the Korean Board of Audits and Inspections
  • Retirement pension deposits reached KRW 1 trillion
05
  • Achieved 2nd grade in 2009’s Financial Supervisory Services’ complaints evaluation on financial corporations
  • Opened IBK Smile Microbank Foundation Bucheon branch
  • Acquired DQMC Level 2 certificate, first in the financial industry by the Korean Database Agency, an affiliate of the Ministry of Culture, Sports, and Tourism
04
  • Awarded the grand prize for Korea’s green/safe management for two consecutive terms by Hankook Kyungje Newspaper
  • IBK customer contact center selected as Korea’s best call center for four consecutive terms by KMAC
  • Established IBK entrepreneurship support center
03
  • Awarded 2009 thebell Risk Manager Awards grand prize by Money Today, thebell
  • Awarded 15th MK financial products grand prize for B2B factoring
02
  • Government contribution of 30 billion KRW in cash (Paid-in capital 3.2199 trillion KRW)
01
  • Declaration of IBK core values (Customer satisfaction, loyalty, and responsibility, Creative passion, and teamwork Quality)
  • Opened Qingdao Chengyang Branch
  • Awarded 8th grand prize for Korea Ethnical Management by the New Business Management Society
  • Achieved 2009 PCSI 1st grade by the Ministry of Strategy and Finance