IBK, Decision on 49.1 Billion KRW Paid-in Capital Increase

[Asia Economy Reporter Park Jihwan] Industrial Bank of Korea announced on the 16th that it has decided on a paid-in capital increase worth 49.1 billion KRW. The purpose of this paid-in capital increase is to use operating funds.

The number of shares to be issued is 5,636,227 common shares. The par value per share is 5,000 KRW, and it will be conducted through a third-party allotment method.