Industrial Bank of Korea

Vision / Strategy

IBK, your financial partner
for a better future.
Vision / Strategy

IBK’s corporate vision is contained in the motto, “IBK, Financial Partner for a Better Future”.
It reflects our commitment to creating new value and improving the everyday lives of our customers and other stakeholders, while also contributing to the economic growth of Korea. Our ultimate destination is to evolve into an SME financing-centered, comprehensive financial group by 2020, as well as become the best-performing SME financing bank in all of Asia.

Vision

IBK, Financial Partner for
a Better Future

Strategic Direction

  • Until 2020,
    Foundation for SME-Centered
    Comprehensive Financial Group
  • After 2020,
    Asia’s Top SME Player

Strategies and key Tasks

Shift key competencies focusing on profitability
  • Strengthen market lead in SME financing
  • Build up success in retail banking
  • Reinforce role as policy bank
  • Retake leading position in risk management
Diversify income portfolio
  • Expand base for non-interest revenue
  • Broaden scope of global and IB businesses
  • Maximize synergies within IBK Financial Group
  • Pursue new business areas
Maximize value of new customer experiences
  • Assume leadership in digital finance
  • Enhance customer experience across all service channels
  • Promote rights and interests of financial consumers
Revamp business practices for greater efficiency
  • Foster strategic development of core personnel
  • Embed innovation in corporate culture
  • Improve efficiency in operations
  • Fortify communication with stakeholders