IBK Opens Poland Office as Eastern Europe Hub

Establishment of Office in Industrial City Wroclaw
First Overseas Business Achievement After President Kim Seong-tae's Inauguration

IBK Industrial Bank announced on the 17th that it opened an office in the Wrocław region of Poland on the 16th (local time). This came two months after receiving final approval for the office establishment from the Polish Financial Supervision Authority (KNF) on March 15.

IBK has been pursuing the establishment of a new business strategy base in Europe, and through this office opening, it has laid the groundwork for entering the European Union (EU). Wrocław, where the office is located, is the largest industrial city in the southwest, with a concentration of domestic large corporations such as LG Energy Solution and POSCO, as well as their partner small and medium-sized enterprises (SMEs).

The office opening ceremony was attended by IBK President Kim Seong-tae, Ambassador to Poland Lim Hun-min, Deputy Minister of Finance of Poland, Head of the Investment Agency, the Prime Minister, the Governor, and other government officials, as well as heads of major domestic companies operating in Poland.

President Kim said, "I am pleased to open an office in Poland, located at the heart of Europe’s production base," adding, "We will strive to solidify a mutually beneficial cooperative relationship by promoting the stable growth of companies entering the market and fostering the local SME ecosystem in Poland through IBK’s differentiated SME financial services."

Meanwhile, with the establishment of the Poland office, IBK now has a global network spanning 60 offices in 13 countries.

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