IBK Industrial Bank Women's Baduk Masters Established... "Top-Level Prize Money"

Establishment of the Largest Prize Money Women's Tournament in Korea
Conducted Over 3 Months from Amateur Qualifiers to Finals

[Asia Economy Reporter Park Sun-mi] IBK Industrial Bank of Korea announced on the 27th that it will hold the ‘IBK Industrial Bank of Korea Cup Women’s Baduk Masters’ tournament at the IBK Industrial Bank of Korea headquarters in Euljiro, Seoul, in a signing ceremony with the Korea Baduk Association. At the signing ceremony, IBK Industrial Bank of Korea President Yoon Jong-won and Korea Baduk Association President Lim Chae-jung, along with other officials, attended to commemorate the establishment of the new women’s Baduk competition.

In particular, the ‘IBK Industrial Bank of Korea Cup Women’s Baduk Masters’ has significantly expanded its scope by allowing amateur players to participate in order to promote women’s Baduk. The tournament is scheduled to run for three months, starting with the amateur qualifying round on the 10th of next month, followed by preliminaries, main rounds, and culminating in the finals. From the quarterfinals onward, the main rounds will be broadcast live on Korea Baduk Association’s Baduk TV.

Sponsored by IBK Industrial Bank of Korea and hosted and organized by the Korea Baduk Association, this tournament offers a top prize of 30 million KRW and a runner-up prize of 12 million KRW, making it the highest-paying women’s Baduk competition in the country. An IBK Industrial Bank of Korea official stated, "We will spare no support to make this the premier women’s Baduk competition representing the nation and will strive to contribute to the development of Baduk."

This content was produced with the assistance of AI translation services.