Industrial Bank of Korea

IBK, your financial partner
for a better future.

History

2026
01
  • Inauguration of the 28th Chairman Chang Min-young
2025
12
  • Launched the IBK One-Stop E-Commerce Service for SMEs
11
  • Obtained business license approval for the Poland subsidiary
  • Opened the IBK ChangGong Silicon Valley Center
  • Signed a financial support agreement with POSCO and K-SURE to strengthen the steel export supply chain
10
  • Opened IBK ChangGong (Daegu Center)
  • Signed an MOU with the Hungarian Development Bank to support SMEs
09
  • Launched Ai Bom, a customized growth-support platform for children
  • Launched IBK Mobile Branch, a mobile web–based banking service
  • Named Best Digital Bank in Korea and Best ESG Bank in Korea by Euromoney
08
  • Launched IBK GenAI, IBK’s proprietary GPT-based AI platform
  • Signed an MOU with the Korea Technology Finance Corporation to promote technology startups and growth
  • Provided KRW 100 billion in emergency financial support to SMEs affected by a fire in Yeongcheon City
07
  • Implemented a KRW 2 trillion Special Equipment Investment Support Program for startups
  • Selected as a participating institution in the government-led mobile digital ID initiative
  • Became a full member of the Institute of International Finance (IIF)
06
  • Selected as the second designated depository bank for Bucheon, Gyeonggi Province
  • Received regulatory acceptance of an application to establish a local subsidiary in Vietnam
05
  • Provided KRW 1 trillion in financial support to build a growth ladder for SMEs and mid-sized enterprises
  • Implemented the Venture & Startup Future Growth Support Program
04
  • Signed an MOU with the Korea Credit Guarantee Fund to expand digital financial support
  • Designated as a certified identity verification service provider by the Korea Communications Commission
03
  • Signed an MOU with Commerzbank to support SMEs
01
  • Launched Export Package Preferential Financing in cooperation with the Korea Trade Insurance Corporation (K-SURE)
2024
12
  • Launched the IBK Card App, a digital card management platform
11
  • Obtained regulatory approval to establish a subsidiary in Poland, the first among Korean banks
  • Launched the Instant Card Sales Settlement Service
  • Launched IBK Pension Easy, a personalized pension management platform
10
  • Launched IBK Preferential Savings for SME Employees
  • Opened the IBK ChangGong Europe Desk in Saarland, Germany
09
  • Opened IBK ChangGong (Gwangju), a startup incubation platform
  • Introduced mobile enrollment for the Yellow Umbrella Mutual Aid Program via i-ONE Bank (Retail)
08
  • Implemented special financial support for businesses affected by settlement delays related to the TMon–Wemakeprice incident
07
  • Surpassed KRW 500 trillion in consolidated total assets (including trust accounts)
06
  • Launched IBK FXON, an electronic foreign exchange trading platform
  • Entered into a cooperation agreement with Finnvera, Finland’s official export credit agency, to support SMEs
05
  • Issued Korea’s first floating-rate bonds linked to the Korea Overnight Financing Repo Rate (KOFR)
04
  • i-ONE Bank (Retail & Corporate) obtained Mobile Application Accessibility Certification
03
  • Launched Machinery Trading BOX, a platform for SME machinery and equipment transactions
  • Launched Loan Channel BOX, the financial sector’s first digital corporate loan application service
02
  • Implemented an interest cashback program under the banking sector’s financial support measures for sole proprietors
01
  • Received international validation of carbon-neutral targets from the Science Based Targets initiative (SBTi)
2023
12
  • Became the first bank in Korea to receive regulatory approval for a Simplified Digital Certificate for Sole Proprietors
  • Established the subsidiary IBK Venture Investment Co., Ltd.
  • Opened the IBK M&A Center, an SME-focused M&A platform
11
  • Launched an IBK-exclusive budget mobile plan, offering contract-free telecom cost savings for customers
10
  • Implemented the SME Re:Value-up Program to ease interest repayment burdens and support corporate restructuring
09
  • Introduced Korea’s first electronic Braille service for personal internet banking
08
  • Included in the FTSE4Good Index Series, a global ESG investment index, for the first time
07
  • Completed the product lineup under the new card brand architecture (I, B, K)
06
  • Launched an SME-dedicated M&A Financial Support Package
  • Arranged financing for Korea’s first RE100 fund in the financial sector
05
  • Launched IBK Corporate Card App 2.0, Korea’s first lifestyle financial platform for corporate card users
  • Opened the Wroclaw Representative Office in Poland
04
  • Launched IBK Dream Wings, a creative development project supporting artists with developmental disabilities
  • Launched the IBK SME Employee Preferential Program to support household financial stability, asset building, and employee welfare
03
  • Fully waived deposit and card transaction fees for financially vulnerable customers
02
  • Included in the 2023 Bloomberg Gender Equality Index (GEI)
01
  • Inauguration of the 27th Chairman Kim Sung-tae
2022
12
  • Chairman Yoon Jong-won attends the launching ceremony of SME Bank in Saudi Arabia
11
  • Organization of a “Digital Working-level Advisory Group” composed of external experts
  • Grand opening of the reorganized corporate digital channel
  • Signing a sponsorship agreement as an official partner for the Korean national team of wrestling and weightlifting
  • Hosting “The Art Plaza: LINK by IBK”
09
  • Publication of “Result Report of Status Survey for Transition to Eco-friendliness of SMEs”
07
  • Publication of “2022 IBK Sustainability Report”
  • Conclusion of a business agreement with the Ministry of Environment (Practice agreement to expand the eco-friendliness classification system)
  • Introduction of “IBK Auto-Evaluation” to reflect the growth potential of companies, for the first time in the financial sector
05
  • Conclusion of business agreement with KBIZ Korea Federation of SMEs to provide financial support for small enterprises and small business owners for ESG shared growth
03
  • Launching of the IBK Grand Slam Junior Nurturing Team
  • Joining the “Women’s Empowerment Principles (WEPs)” of the United Nations
  • Launching of a non-face-to-face new subscription service for the corporate-type systems (DB·DC) of the retirement pension, for the first time in the financial sector
02
  • Launching of the “Successful ESG Management Support Loan”, Korea’s first loan linked to sustainability
01
  • Achievement of KRW 2 trillion net profit during the term
2021
12
  • Launching of the i-ONE asset management service
11
  • Being ranked No.1 in the technology financing performance review in the banking sector, in the first half of 2021
  • Implementation of the financial advising program
09
  • Resolution for IBK Carbon Neutrality (2040) ESG Committee
  • Introduction of the completely non-face-to-face service for issuing corporates cards and opening payment accounts for the first time in Korea
  • Obtaining approval (from the Financial Services Commission) for My Data (as a personal credit information management business)
  • Conclusion of a business agreement with Saudi Arabia to support the establishment of Saudi Arabia’s SME bank
08
  • Mid-term loan balance reaches KRW 200 trillion, for the first time in the financial sector
07
  • The number of subscribers for “BOX POS” exceeds 10,000
06
  • 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
02
  • Launching of “BOX POS”, a card payment terminal using smartphones
01
  • Opening of business at the IBK Myanmar Bank
2020
11
  • Launching of “IBK Digital Identity Authentication” for the first time in the financial sector
  • Launching of “i-ONE for Small Business Owners”, a daily financing platform for small business owners
10
  • Implementation of “IBK First Class”, a consulting service for the comprehensive asset management
09
  • Introduction of the automated review system using AI technology for real estate, for the first time in the financial sector
07
  • Announcement of “IBK Innovative Management” (Innovative Financing and Righteous Management)
  • Launching of “i-ONE Real Estate Mortgages Loan for Small Business Owners”, a fully non-face-to-face real estate mortgages loan for the first time in the banking sector
06
  • Introduction of the “Easy Payment Service for Corporate Shared Cards” for the first time in the banking sector
  • Personal financing (personal deposits and household loans) exceeds KRW 100 trillion
  • Implementation of consulting services for SMEs’ innovative transitions
  • Implementation of “SME Financial Support Program” which provides KRW 10 trillion in total to support SMEs in liquidity crisis due to COVID-19
04
  • Investment of KRW 676.5 billion in cash by the government
  • Implementation of “Easy Guarantee (regional guarantee foundations)”, a special loan with ultra-low interest rates for small business owners
  • Implementation of the exemption criteria from the deferment of interest on loans to companies affected by COVID-19
01
  • Inauguration of the 26th Chairman Yoon Jong-won