IBK Annual Report 2025

Milestones

Aug. 01, 1961
Established as Small and Medium-sized Business Bank
Mar. 01, 1962
Commenced SME counseling services
Mar. 09, 1967
Commenced SME credit guarantee services
Jun. 01, 1967
Commenced foreign exchange services
Sep. 01, 1982
Commenced SME bond issuance services
Dec. 01, 1987
Renamed IBK (Industrial Bank of Korea)
Dec. 03, 1987
Relocated head office building to 50, Euljiro-2ga, Jung-gu, Seoul
Nov. 30, 1994
Listed on KOSDAQ
Dec. 24, 2003
Transferred listing to KOSPI
Nov. 29, 2016
Completed the second headquarters, IBK Finance Tower
Dec. 19, 2017
Opened first startup incubator, IBK Changgong, in Mapo, Seoul
Oct. 01, 2018
Opened a startup incubation platform, "IBK Changgong Guro"
May 31, 2019
Opened a startup incubation platform, "IBK Changgong Busan"
Aug. 01, 2019
Launched BOX digital platform to support SME business management operations
Sep. 05, 2019
Launched PT Bank IBK Indonesia
Apr. 06, 2020
Implemented super-low interest special loans for microbusinesses

Jan. 21, 2021
Launched IBK Myanmar
Jun. 11, 2021
Established an ESG Committee within the Board of Directors
Sep. 07, 2021
Signed a strategic partnership agreement with Kingdom of Saudi Arabia on establishing a Saudi SME Bank

Jan. 11, 2022
Opened a startup incubation platform, "IBK Changgong Daejeon"
Jul. 11, 2022
Introduced the first automated "corporate credit screening system" in the financial sector
Sep. 20, 2022
Received two awards—SME Financier of the Year and Product Innovation—at the SME Finance Forum's Global SME Finance Awards 2022, a first for any Korean financial institution
Dec. 06, 2022
Awarded the International Chamber of Commerce's Open Innovation Challenger award at the CSS Awards 2022

Apr. 28, 2023
Started promotion of the IBK SME Employee Preferential Program
May 16, 2023
Opened the Industrial Bank of Korea Representative Office in Wroclaw, Poland
Jun. 02, 2023
Became the first Korean bank to serve as a financial arranger for the RE100 Fund
Aug. 01, 2023
Declared a new strategic direction, IBK Value-Creating Finance
Dec. 08, 2023
Opened the SME M&A channel IBK M&A Center
Dec. 28, 2023
Established IBK Venture Investment

Jan. 29, 2024
Awarded 2023 Korea's Best SME Finance Bank by Global Finance and Asiamoney
Mar. 06, 2024
Awarded the Sustainable Finance Award by Global Finance, dominating in Korea, Asia, and Global categories
Mar. 31, 2024
Awarded Korea's Best SME Bank by The Asian Banker
July 05, 2024
Awarded the 2024 Retail Bank of the Year by Asia Banking & Finance
July 22, 2024
Awarded 2024 Korea's Best SME Finance and Inclusive Finance Bank by Euromoney
July 31, 2024
Total assets surpassed KRW 500 trillion (Consolidated, w/ trust)
Sep. 26, 2024
2024 Opened new startup incubator, "IBK Changgong Gwangju"
Oct. 10, 2024
Opened "IBK Changgong Europe Desk" in Saarland, Germany
Oct. 22, 2024
Awarded Best Institution for Supplying Short-Term Investment Products Award by Global Finance Magazine
Nov. 06, 2024
Completed IBK Hanam Data Center
Nov. 28, 2024
Obtained approval for the establishment of Poland subsidiary for the first time among Korean banks

Feb. 07, 2025
Achieved the highest score, "Leadership A," in the 2024 Carbon Disclosure Project (CDP) assessment
Mar. 20, 2025
Received the Best SME Digital Lending Solution prize from The Digital Banker
May 30, 2025
Received a confirmation letter for the opening of a subsidiary in Vietnam
Sep. 03, 2025
Received the Best Korean Digital Bank and the Best ESG Bank awards from Euromoney
Sep. 26, 2025
Ranked 1st in the 1H 2025 Technology Finance Technology Evaluation conducted by the Financial Services Commission
Sep. 30, 2025
Received the Best Institution for Supplying Short-Term Investment Products prize in both the Global and Asia categories for the second consecutive year
Oct. 30, 2025
Opened the "IBK Changgong Daegu"
Nov. 17, 2025
Opened the "IBK Changgong Silicon Valley"
Nov. 19, 2025
Obtained a business permit for the Poland subsidiary