Industrial Bank of Korea (IBK; ) is a state-owned bank headquartered in Jung-gu, Seoul, South Korea. Under the Industrial Bank of Korea Act, IBK was established to promote small and medium-sized businesses and improve their economic status by providing an efficient credit system. International Locations Cambodia (Phnom Penh) Mainland China (Beijing, Shenzhen, Qingdao, Shenyang, Wuhan, Suzhou, Tianjin, and Yantai) Hong Kong (Hong Kong Island) India (New Delhi) Indonesia Japan (Tokyo) Myanmar (Yangon) Philippines (Metro Manila) United Kingdom (London) United States (New York) Vietnam (Hanoi and Ho Chi Minh) See also Economy of South Korea List of Banks in South Korea Hwaseong IBK Altos References External links IBK's Korean Homepage IBK's Global Homepage Banks of South Korea Companies listed on the Korea Exchange Companies based in Seoul Banks established in 1961 South Korean brands Government-owned banks Government-owned companies of South Korea