Industrial Bank of Korea


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Latest Developments

Industrial Bank of Korea resolves U.S., New York criminal probes over money transfers -- NY Attorney General

April 20 (Reuters) - New york attorney general announces $51 mln settlement with industrial bank of korea related to illegal transfer of over $1 bln to iran:.

Samho International Signs 52.1 Billion Won Contract With Industrial Bank Of Korea

May 20 (Reuters) - Samho International Co Ltd <001880.KS>::SAYS SIGNS CONTRACT WORTH 52.1 BILLION WON ($43.69 million) WITH INDUSTRIAL BANK OF KOREA <<<024110.KS>>>.

IBK Says Gains Regulatory Approval For Acquisition Of Two Indonesian Banks

Dec 31 (Reuters) - Industrial Bank of Korea <024110.KS> in a press release::SAYS GAINS REGULATORY APPROVAL FOR ACQUISITION OF TWO INDONESIAN BANKS.

Industrial Bank of Korea sells 3 pct stake in Korea Steel Shapes

June 22 (Reuters) - Korea Steel Shapes Co Ltd <007280.KS> ::* Says Industrial Bank of Korea has sold 3.0 percent stake(541,035 shares) in the company, decreasing stake in the company to 2.3 percent from 5.3 percent .

IBK Securities buys 12.2 pct stake in IBKS No.6 Special Acquisition

June 7 (Reuters) - IBKS No.6 Special Acquisition Co <264850.KQ> ::* Says IBK Securities has acquired 12.2 percent stake(525,175 shares) in the company, increasing its stake in the company to 12.2 percent from 0.

IBK Securities sells 6.9 pct stake in E-World

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.

Industrial Bank Of Korea changes CEO to Kim Do Jin

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

Industrial Bank of Korea announces private placement of common shares

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.

Industrial Bank of Korea declares annual cash dividend for 2015

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.

Industrial Bank of Korea to boost anti-money laundering efforts in N.Y. - Reuters

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.

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