IBK Securities, Record High Performance for 10 Consecutive Years... Net Profit of 100.8 Billion KRW in 2021

Net Profit Surpasses 100 Billion Won for the First Time in 2021

[Asia Economy Reporter Hwang Yoon-joo] IBK Investment & Securities surpassed 100 billion KRW in net profit for the first time last year, continuing its record of achieving the highest performance for 10 consecutive years.

IBK Investment & Securities announced on the 15th that its net profit for 2021 increased by 25.7% compared to the previous year, reaching 100.8 billion KRW. With this, IBK Investment & Securities has maintained its record of achieving the highest performance for 10 consecutive years since turning profitable in 2012.

Additionally, its equity capital reached 1.0343 trillion KRW, entering the "1 trillion club" for the first time, and total assets increased by 12.2% from 4.9 trillion KRW to 5.5 trillion KRW. Despite the increase in equity capital, the return on equity (ROE) recorded 11.3%, slightly rising from 11.2% the previous year, maintaining profitability.

IBK Investment & Securities explained that the background for achieving excellent results for 10 consecutive years was the establishment of a business portfolio through balanced growth across business divisions and securing differentiated competitiveness in the IB division. Last year, the IB division, which led large-scale real estate project financing (PF) arrangements, and the asset management division, which saw increased performance due to the rise in non-face-to-face transactions, contributed to the overall performance increase.

As of the end of last year, IBK Investment & Securities also achieved 50 cumulative listings on KONEX, ranking first in the industry, and plays a pivotal role as a securities firm specialized in small and medium-sized enterprises (SMEs) in the capital market by supporting SME IPOs through SPACs (Special Purpose Acquisition Companies) and other means.

Seobyeong-gi, CEO of IBK Investment & Securities, stated, “This year, we plan to focus on activating sales based on new business platforms such as the overseas stock and bond trading system established last year, while continuing to support SMEs using innovative finance such as new technology investment associations, PEFs, and BDCs (Business Development Companies).”

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