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Industrial Bank of Korea (024110.KS)

024110.KS on Korea Stock Exchange

29 May 2017
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Latest Key Developments (Source: Significant Developments)

IBK Securities sells 6.9 pct stake in E-World
Monday, 27 Mar 2017 10:05pm EDT 

E-World Co Ltd <084680.KS> :Says it sold 6.9 percent stake(6.3 million shares) in the company, decreasing its stake in the company to 0 percent from 6.9 percent.  Full Article

Industrial Bank Of Korea changes CEO to Kim Do Jin
Tuesday, 27 Dec 2016 09:35pm EST 

Industrial Bank Of Korea <024110.KS> :Says it changes CEO of the co to Kim Do Jin from Kwon Sun Ju on Dec. 28.  Full Article

Industrial Bank of Korea announces private placement of common shares
Monday, 28 Mar 2016 03:47am EDT 

Industrial Bank of Korea:To issue 3,576,857 shares of common stock through private placement, with par value of 5,000 won per share, for debt-equity swap.Sets issue price at 11,183 won per share, to raise proceeds of 39,999,991,831 won for operations.Listing date of April 7 for the new shares.  Full Article

Industrial Bank of Korea declares annual cash dividend for 2015
Thursday, 3 Mar 2016 03:01am EST 

Industrial Bank of Korea:To pay annual cash dividend of 450 won per share of common stock and 450 won per share of preferred stock for 2015.Dividend payment on April 22, to shareholders of record on Dec. 31, 2015.Total dividend amount of 294,468,425,100 won.  Full Article

Industrial Bank of Korea to boost anti-money laundering efforts in N.Y. - Reuters
Tuesday, 1 Mar 2016 11:38am EST 

Industrial Bank of Korea:Industrial Bank of Korea will beef up measures at its New York branch to comply with U.S. money laundering rules in a pact reached with state and U.S. banking regulators, the New York Department of Financial Services (NYDFS) said on Tuesday - RTRS.The bank, as part of an agreement with the NYDFS and the Federal Reserve Bank of New York, must submit plans to the two regulators in May explaining how it will improve its oversight of anti-money laundering efforts and reporting of suspicious banking activity, among other things.The pact was reached after an examination of the Industrial Bank Of Korea's New York Branch found "deficiencies," NYDFS said.  Full Article

More From Around the Web

Fitch Rates IBK's CD Programme 'AA-/F1+'

(The following statement was released by the rating agency) SEOUL, April 12 (Fitch) Fitch Ratings has assigned Industrial Bank of Korea's (IBK; AA-/Stable/F1+) certificate of deposit (CD) programme a long-term rating of 'AA-' and a short-term rating of 'F1+'. KEY RATING DRIVERS The CDs to be issued under the programme will constitute IBK's direct unconditional, unsubordinated and unsecured obligations and rank pari passu with the bank's other senior unsecured financial obligations. IBK, acting t