Kim Sungtae Emphasizes the Need to Achieve Sound Finance Through Strengthened Internal Controls

64th Anniversary Ceremony Held

On August 1, IBK Industrial Bank of Korea announced that it held a '64th Anniversary Ceremony' at its headquarters in Jung-gu, Seoul, with the participation of approximately 300 executives and employees to mark its 64th anniversary.

On this day, Bank President Kim Sungtae reflected on the history of IBK, which has grown with a sense of mission and sincerity toward small and medium-sized enterprises, and outlined the challenges ahead for the bank to become a top-tier global financial group.

President Kim stated, "This year in particular, we proactively responded to various unprecedented crises and faithfully fulfilled our role as a policy financial institution." He praised the efforts of employees who, despite internal and external crises such as the US-initiated tariff crisis, achieved a record-high market share in SME finance through active SME lending support, alleviated financial burdens for small business owners, and actively practiced inclusive finance.

On the 1st, at the IBK Industrial Bank of Korea headquarters in Euljiro, Jung-gu, Seoul, Kim Sungtae, President of IBK Industrial Bank of Korea, delivered a commemorative speech at the 64th anniversary ceremony. IBK Industrial Bank of Korea

He also highlighted major achievements such as securing future growth engines through the relocation of the Hanam Data Center and attracting the third phase of the Nara Sarang Card project, prioritizing customer value through initiatives like the 'One-Stop Business Registration Service' and the introduction of AI-based voice phishing detection technology, and fulfilling the bank's social responsibilities.

He further emphasized, "The deeper the crisis of uncertainty, the more important it is to focus on unchanging values," adding, "Providing innovative services that enhance customer value with sincerity and goodwill toward our customers is the only way to lead IBK to growth even in times of crisis."

As key directions for the future, he presented quantitative and qualitative leadership in SME finance, building a sound bank through proactive risk management, establishing robust financial practices through strengthened internal controls, achieving digital transformation and securing future customer bases, and securing future growth engines through balanced growth in non-interest income sectors.