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    Industrial Bank of Korea (024110.KS)

    11,100.00 Down 250.00(2.20%) Feb 12, 1:00AM EST
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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
    Website: http://www.ibk.co.kr

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

    Business Summary 

    Industrial Bank of Korea provides various banking products and financial services to individuals, households, local governments, non-profit organizations, and small and medium sized enterprises in Korea. 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 also provides credit cards and related services, trust account management, and research and advisory services; financial and real estate advisory services to high net worth retail customers; investment and banking products and services; bancassurance; and annuity, retirement, and pension and life insurance products. In addition, the company offers money transfers and trade, trade advisory, asset management, credit information, financial system management, and mutual savings banking services. Further, it is involved in the issue of asset-backed securities; establishment, operation, and management of private equity funds; international and securities investments; and mergers and acquisition, venture financing, and project financing activities, as well as city maintenance business. Additionally, the company offers future funds management, information system development and consulting, and security and futures trading services; and smart banking, and telephone and Internet banking services, as well as exchange rate and foreign investment services. As December 31, 2014, it operated through a network of 641 branches, including 53 depositary offices in Korea; 15 branches in China; and 6 overseas branches in other countries, as well as representative offices in New Delhi and Yangon. Industrial Bank of Korea was founded in 1961 and is headquartered in Seoul, South Korea.

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    Key Executives 
    Ms. Seon-Joo Kwon , 60
    Chairman, Chief Exec. Officer and Member of Management Committee
    Mr. Young-Gue Kim ,
    Head of Investment Banking Div. and Sr. Exec. VP
    Mr. Suk-Jung Shi ,
    Head of Marketing Division and Sr. Exec. VP
    Mr. Chun-Hong Park , 60
    Deputy Chief Exec. Officer, Sr. Exec. VP, Director, Member of Risk Management Committee and Member of Management Committee
    Mr. Jo-Kyoung Youn ,
    Head of Busan, Ulsan & Kyungnam Regional 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.