Industrial Bank of Korea

IBK, your financial partner
for a better future.

History

2009
09
  • Opened PB center in Gang-nam
08
  • Announced SMART Service identity
  • Implemented internal retirement annuity system
06
  • Established as a domestic corporation in China
05
  • Began integrated internet banking system operations (corporate banking service)
  • Government invests 300 billion won in cash (Paid-in capital: 3,207.9 billion won)
  • Recorded 1 million subscriptions for the ‘My Alpha’ Card, the first such achievement for a single product
  • The ‘My Alpha’ Card selected as a ‘Hit Product’ for the first half of 2009 by Digital Times
04
  • Received the 7th National Customer Satisfaction Award in the financial service sector from Hankookilbo
  • Obtained Class 1 certification for customer complaints in 2008 from the Financial Supervisory Service
03
  • Started integrated internet banking system operations (private banking service)
  • Opened IBK WORLD in the IBK headquarters lobby
02
  • Opened IBK JOB WORLD (free online portal for SMB recruitment)
  • Opened branch office in Hanoi, Vietnam
01
  • Government invests 360 billion won in cash (Paid-in capital: 2,949.5 billion won)
  • Government invests 140 billion won in cash (Paid-in capital: 3,034.4 billion won)
2008
12
  • Government invests 500 billion won in cash (Paid-in capital: 2,703.1 billion won)
11
  • The ‘My Alpha’ Card receives the 2008 Best Brand Award from Seoul Shinmun
  • Approved advanced method to measure operational risks
  • Received 16th Customer Satisfaction Management Award from KMAC
07
  • Established SMB M&A Support Center
  • Exceeded 5 million card memberships in total
06
  • Implemented the IB Integrated Computer System first stage (Investment and Private Equity Fund sector)
  • Opened branch office in Moscow, Russia
05
  • Receives Excellent Support Organization Award at the 2008 National SMB Convention from the President of Korea
04
  • Received 8th Digital Management Innovation Award from the MKE Minister
  • Received 6th Korean Satisfactory Customer Service Award from Hankook-Ilbo - financial services
03
  • Implemented an integrated system for overseas computerization
  • Stockpia selects IBK as the no. 1 bank in its internet banking service comprehensive evaluation for the first quarter of 2008
  • Improved Vietnam’s Ho Chi Minh City office to a full branch office
  • Obtained International Standard certification (IT BCM) for business continuity management in all IT sectors, the first company in Korea to do so
  • The 1-biz Card receives the 2008 Excellent Customer Satisfaction Card Award from the Korean Credit Card Academic Society
02
  • Began SMB B2B market operations
  • Received Korean Web Award from the MIC Minister via Hankook-Ilbo
01
  • Introduced Basel II
2007
12
  • Received 2007 Most Trusted Enterprise Awards from the Korean CEO Association
  • Received Excellent Security Organization Award from the MSF Minister
  • Yong-Ro Yoon assumes office as 22nd IBK President
10
  • Received Customer Satisfaction Management Award
  • Received Award for Excellence in Korean e-Business
07
  • Received Korean e-Finance Award
04
  • Received 2007 5th Korean Service Satisfaction Award
03
  • Kwon-Seok Kang assumes office as IBK President (first such re-appointment in 33 years)
  • Received recognition as the Best Bank for Internet Banking Service three consecutive times
01
  • Changed CI
2006
12
  • Received recognition as the Best Bank for Internet Banking Service two consecutive times
  • Joined the One Trillion Won Current Net Income Club in 2006
  • Received 2006 Web Award for "Top Excellence Technology Innovation" for IBK’s homepage"
11
  • Received 2006 Spotlight Awards Silver Award for its Annual Report in English
  • Received 14th Korean Customer Satisfaction Management Award by KMAC
  • Received the 2006 Standardization Award from the MCIE Minister (for next-generation systems)
10
  • Obtained Korean Service Quality Excellence certification for the telemarketing sector
09
  • Obtained recognition for excellence in internet banking service from Stockpia
08
  • Obtained International Standard Certification (ISO20000) for IT service quality based on nextgeneration systems
07
  • Accumulated 100 trillion won in total assets through organic growth, the first company in the Korean financial circle to do so (as of June 2006)
  • The first Korean bank to join the International Swap & Derivatives Association (ISDA)
06
  • The Korea Power Bankbook selected as a Hit Product for the first half of 2006 by Segye-Ilbo
05
  • Opened unattended automatic backup center at headquarters
  • First domestic bank to obtain International Standard Certification on Information Production (ISO27001)
04
  • Received 2006 4th Korean Service Satisfaction Award for the financial service sector
03
  • Received 11th MK Financial Product Award Special Award for Marathon bankbook by MK
02
  • Received 2006 Frontier Management Award for the service management sector in banking
  • Received the Korean CEO Grand Prix Award for President Kwon-Seok Kang
2005
12
  • The President of Korea gives award at the 2005 SMB Finance Support Awards for the organization sector
11
  • Received 13th Customer Satisfaction Management Award by KMAC
10
  • Data center relocated to Yong-in, Kyunggi-do
08
  • Creation of the official IBK anthem and motto
07
  • Completed BPR for re-implementation of the business process
06
  • The popular ’Dok-do is Ours’ bankbook recognized as a Hit Product in the first half of 2005 by the Korea Herald Business Association
05
  • Received Korean Contact Center Operations Award from the Korea Contact Center Association
  • Announced 'Win Class' PB Brand
03
  • Formed strategic partnership with Korea Investment Holdings
01
  • Formed partnership with Korea Post for the joint use of teller windows
2004
10
  • Established IBK SG for asset management
09
  • Began next-generation systems operation
2003
12
  • Transferred from KOSDAQ to KOSPI
  • Listed on Luxembourg securities exchange GDR
  • The 14th revision of the Industrial Bank of Korea law
2002
09
  • Paid-in capital increase for Hanil Credit Information and Change of Trade name from Hanil Credit Information to IBK Credit Information
07
  • Opened branch office in Qingdao, China
2001
08
  • Underwent organizational re-structuring, operating a business headquarters system
2000
12
  • Sold 600 billion won worth of equity interest in Daehan Investment Trust for KDIC acquisition
06
  • Invested 166.7 billion won in the Korea Exim bank (Paid-in capital: 2,291.4 billion won)
01
  • Invested 200 billion won in the Korea Exim bank (Paid-in capital: 2,124.7 billion won)
  • Invested 100 billion won in Daehan Investment Trust