SUBSIDIARIES
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The IBK Financial Group network provides differentiated financial and non-financial services in various fields, continuously strengthening its competitiveness. Each subsidiary maximizes synergy within the group based on its expertise, thereby providing customer-centric customized financial solutions.
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IBK Capital
Since its establishment in 1986, IBK Capital has been focusing on continuous growth and enhanced profitability by providing new technology finance, installment finance, lease finance, factoring, and corporate finance. In 2024, its financial assets recorded KRW 10.9461 trillion, and its net income was KRW 214.2 billion, with a maintained low delinquency rate (0.22%) and a low ratio of substandard loans (0.73%), which proved its solid management.
In 2025, under the slogan “Valuable Growth, the First Year of Future Leap,” IBK Capital plans to pursue a qualitative growth strategy, strengthen risk management, and expand synergies with IBK Financial Group to become the leading capital company in Korea. Additionally, under the vision of “New Finance,” it will continue to explore new markets and develop innovative financial products and services, focusing on achieving “happy customers” through customer-centric thinking and business innovation. -
IBK Securities
Established in 2008, IBK Securities provides comprehensive financial solutions for SMEs and mid-sized companies, offering a variety of financial services including corporate advisory, acquisition finance, and asset management. In 2024, the company achieved continuous growth by advancing its digital platform (revamping MTS and providing generative AI-based investment information), expanding the NPL business, and increasing ESG finance. Additionally, it strengthened its financial soundness through the issuance of hybrid securities and achieved significant results in the ESG finance sector by signing business agreements for eco-friendly power development projects and the expansion of hydrogen transportation.
In 2025, based on the “Value-up IBKS through Digital and ESG Management Expansion” strategy, IBK Securities will accelerate digital innovation, strengthen the competitiveness of new and existing businesses, and enhance productivity to become a leading financial investment company in the industry. -
IBK Insurance
Established in 2010, IBK Insurance is the first pension-specialized insurance company in Korea. It provides personal and retirement pension products to support stable retirement preparation for financially vulnerable groups, including SME workers. In 2024, based on stable management principles, the company pursued innovation in product and sale channels, achieved solid financial performance, and completely rebuilt its computer systems to lay the foundation for future growth.
In 2025, IBK Insurance plans to improve its management system in response to strengthened insurance regulations and financial market uncertainties, and enhance its capabilities for sustainable growth. Additionally, in collaboration with IBK, it will establish itself as an insurance company specialized in SMEs, providing differentiated pension and insurance services, thereby further strengthening its competitiveness in the pension market. -
IBK Asset Management
Established in 2004, IBK Asset Management offers a variety of asset management products, including equity-, hybrid-, and bond-type funds, fund of funds, derivatives, money market funds (MMFs), real estate funds, and infrastructure funds. In 2024, the company achieved solid performance with assets under management of KRW 28.8 trillion and a net income of KRW 8.99 billion. Through the management of the IBK Small-and-Mid-Cap Korea Fund, it expanded investments in SMEs and mid-sized companies, and supported the innovative growth of small venture companies through P-CBO asset management and the Bond Market Stabilization Fund, actively fulfilling its role in policy finance.
In 2025, IBK Asset Management aims to grow its flagship funds, expand assets under management, and enhance profitability as its top priorities. It also plans to diversify its portfolio by including more ETFs and overseas investment fund options, and to secure a foundation for sustainable growth and stable income. -
IBK Savings Bank
Established in 2013, IBK Savings Bank provides financial services to support regionally based SMEs and microfinance services, operating six branches in Seoul, Busan, and Ulsan, including its headquarters in Busan. In 2024, the company strengthened the management of high-risk assets and secured growth and soundness by launching new microfinance products and establishing a dedicated department for project finance (PF) loans. Additionally, the company has maintained the industry's highest credit rating (A rating) for seven consecutive years and enhanced its competitiveness by expanding synergies with the IBK Financial Group.
In 2025, IBK Savings Bank will focus on the following initiatives: stable growth through asset and liability optimization and reduction of credit loss costs, advancement of the credit evaluation system and maintenance of solid capital adequacy, expansion of financial inclusivity through the development of specialized microfinance products, and realization of accident-free management through strengthened internal controls. Through these efforts, IBK Savings Bank is committed to ensuring sustainable growth in a changing financial environment. -
IBK Venture Investment
Established in December 2023, IBK Venture Investment has fulfilled its role as a policy-driven venture capital (VC) investing in government-promoted industries, while strategically investing in companies with new technologies to drive the future industrial ecosystem.
In 2024, the company established a total of KRW 100 billion in venture funds (two funds of KRW 50 billion each) and executed investments totaling KRW 6 billion in four companies.
In 2025, IBK Venture Investment will set the strategic direction of “Strong Value Investment, Straight Venture Capital”, aiming to balance policy roles by supporting the overcoming of the Death Valley through investment and nurturing of early-stage companies, and achieving high returns through the creation of strategic funds. Additionally, it will advance as an innovative venture capital by establishing industry-leading internal control and innovation systems, strengthening risk management and information protection, and implementing digital management and efficient process structures. -
IBK Systems
Established in 1991, IBK Systems is responsible for the IT services of IBK Financial Group, enhancing financial IT competitiveness. In 2024, it demonstrated external competitiveness by securing a next-generation project worth KRW 40 billion from KDB Capital, successfully executing core businesses of IBK Financial Group and strengthening IT operational stability. Additionally, the company has continuously pursued quality improvements such as security and failure prevention, actively supporting the digital transformation of IBK Financial Group by utilizing its self-developed business solutions. In 2025, based on the strategy of being “a reliable partner for IT synergy and digital innovation of IBK Financial Group,” IBK Systems will support successful data center relocation, strengthen system operational stability, expand digital new technology businesses, and advance innovative technologies, aiming to become a leading company in IT innovation.
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IBK Credit Information
Established in 2000, IBK Credit Information conducts credit evaluations for individuals and companies, manages signs of insolvency, and recovers non-performing loans, contributing to the stability of the financial market. In 2024, the company recorded sales of KRW 33.7 billion and a profit of KRW 3.8 billion, maintaining stable growth, and successfully secured new business in asset management, expanding its business foundation. Additionally, by successfully bidding for contracts with large public and financial institutions and signing an MOU with the Korea Federation of Small and Medium Business (KBIZ), the company actively attracted new clients and strengthened its market competitiveness.
In 2025, IBK Credit Information plans to support the financial soundness of SMEs and microbusiness owners, expand asset management operations, and strengthen sales targeting financial and public institutions to pursue balanced growth. Additionally, it will enhance its risk management capabilities through the adoption of automation technology and the advancement of RegTech, creating a transparent and trustworthy financial environment. -
IBK Service
IBK Service was established in 2018 as the first fully funded initiative by IBK among policy banks to implement the national agenda of converting non-regular workers in the public sector to regular positions. The company is responsible for facility management, security, cleaning, and administrative support within the IBK Financial Group. In 2024, the company recorded sales of KRW 78.5 billion, establishing a stable growth foundation and continuing efforts to improve service quality. Additionally, the company has established a stable workplace culture by converting all employees to regular employment and operated various programs to improve the working environment and enhance service levels.
In 2025, IBK Service plans to focus on improving service quality to create a more pleasant and safe environment, and it is committed to do its utmost to maximize the satisfaction of visiting customers. -
IBK China
IBK China was founded in June 2009 by integrating IBK’s five branches including its Tianjin office that was opened in 1995. Since then, the company has opened branches in Tianjin, Shenyang, Qingdao, and other cities where South Korean companies had already entered. This brought its total to sixteen networks consisting of eight branches and eight sub-branches as of December 2024. While enjoying a stable operating base, the company is consistently promoting localization for its sustainable growth. It has added to its local customer base by developing locally customized products and increased both online and mobile channels.
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PT Bank IBK Indonesia
PT Bank IBK Indonesia was launched in September 2019 after receiving an approval from the country’s authorities regarding the merger and acquisition of two local banks, PT Bank Agris Tbk and PT Bank Mitraniaga Tbk. PT Bank IBK Indonesia is now working to stabilize its operations, such as achieving the highest loan growth rate among the various foreign-based banks that have advanced into the country and adopting a two-track marketing strategy targeting South Korean and local companies.
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IBK Myanmar
IBK Myanmar obtained its license as a local subsidiary from the Central Bank of Myanmar (CBM) in December 2020. Its first branch commenced operations in Yangon on January 21, 2021. Its service priorities are supporting Korean companies in Myanmar and offering financial/non-financial support to Korean SMEs pursuing opportunities in the local market. It also aims to discover and grow prime SME businesses in the local market.