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Industrial Bank of Korea (024110.KS)

17,250.00 Up 150.00(0.88%) 2:00AM EDT
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Industrial Bank of Korea
79, Ulchiro
Seoul, 100-758
South Korea - Map
Phone: 82 2 729 6114
Fax: 82 2 729 7003

Index Membership:N/A
Full Time Employees:N/A

Business Summary 

Industrial Bank of Korea provides various banking and related financial products and services for individuals and corporate customers. It operates through seven segments: Retail Banking, Corporate Banking, Money Market, IB, Credit Card Operations, Foreign Exchange, and Others. The company accepts various deposit products, such as demand, installment, time, and certificates of deposits, as well as savings and current accounts; and offers retail loans, mortgage loans, overdrafts, and other credit facilities. It is also involved in installment financing and venture capital business, securities investments, and financial systems management activities; and provision of asset management and credit information services, and life insurance products, as well as manages private equity funds. In addition, the company offers credit cards, smart banking, and telephone and Internet banking services, as well as foreign currency, exchange rate, and foreign investment services. It operates 564 branches and 61 depositary offices in South Korea, as well as 8 overseas offices. Industrial Bank of Korea was founded in 1961 and is headquartered in Seoul, South Korea.

Key Statistics

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Key Executives 
Ms. Seon-Joo Kwon , 58
Chairman, Chief Exec. Officer and Member of Management Committee
Mr. Suk-Jung Shi ,
Head of Marketing Division and Sr. Exec. VP
Mr. Chun-Hong Park ,
Sr. Exec. VP, Deputy Chief Exec. Officer, Director, Member of Management Committee and Member of Risk Management Committee
Mr. Dong-Kyu Ahn ,
Head of Global Markets & Treasury Division and Sr. Exec. VP
Mr. Hong-Yeol An ,
Head of Trust & Pension Bus. Division, Head of Credit Card Bus. Division and Sr. Exec. VP
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in KRW.