Industrial Bank of Korea (024110.KS)

13,850.00 +290.00 (+2.14%) At close: 03:30PM KST

Industrial Bank of Korea

79, Eulji-ro
Jung-gu
Seoul 04541
South Korea
82 31 888 8000
https://www.ibk.co.kr

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sung-tae Kim	CEO, President & Chairman	N/A	N/A	1962
Kwang jin Choi	Executive VP and Head of Corporate & Investment Banking Group	N/A	N/A	N/A
Mr. Dae Lee	Contact Person	N/A	N/A	N/A
Mr. Byeong-seong Jeon	Chief Compliance Officer	N/A	N/A	1965
Mr. Ju-yong Park	Executive VP & Head of Digital Group	N/A	N/A	1964
Hyung-il Kim	Senior Executive VP & Executive Director	N/A	N/A	1964
Yong dae Kwon	Executive VP and Head of Loan Management Group & IBK Sports Team	N/A	N/A	N/A
Eun-hee Kim	Executive VP & Head of Asset Management Group	N/A	N/A	N/A
Chang-hwan Moon	Executive VP & Head of Business Strategy Group	N/A	N/A	N/A
Bong-hyun Cho	Executive VP & Head of IBK Economic Research Institute	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in KRW.

Description

Industrial Bank of Korea operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally. It provides personal and corporate banking, such as check, transfer, deposit/trust, fund, insurance, credit card, loan, forex, dues, check/draft, information management, retirement pension, and B2B; and provides various financial products and services, including personal and corporate product mail, product guide and tree; smart finance; banking, product, and affiliate services; and customer preferential service, as well as financial information for corporate management support, legal support, stock, real estate, and auction/public auction. The company also offers card information/application, card finance loan, My card management, personal and corporate card services, and guide. In addition, it provides customer consultation, financial consumer portal, report loss, information on application for fraudulent use charger, reference room, bank usage information, event, privacy policy, customer verification, system information, door-to door sales, personal inquiry, and loan originator integrated. Further, the company offers electronic financial fraud prevention, security measures, financial transaction precautions, PC security service, overseas IP blocking service, new deposit account designation, service with limited usage time, and delayed transfer; engages in SME, retail, and investment banking; and capital markets. Industrial Bank of Korea was founded in 1961 and is headquartered in Seoul, South Korea.

Corporate governance

Industrial Bank of Korea’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 1; Board: 10; Shareholder rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.