IBK, Establishes 150 Billion KRW 'IBK Win-Win Leap Fund'
IBK Industrial Bank announced on the 25th that it will establish the 'IBK Sangsaeng Doyak Fund' to provide liquidity to small and medium-sized enterprises (SMEs).
The IBK Sangsaeng Doyak Fund plans to raise a total of 150 billion KRW over the next three years, with 50 billion KRW annually, by selecting entrusted management companies specializing in SME investments to manage the fund.
Through the establishment of this fund, IBK aims to build a rapid liquidity supply system for SMEs pursuing entry into global super-gap industries, business restructuring, and industrial structure advancement. Additionally, it plans to strengthen corporate industrial competitiveness and support sustainable growth.
Meanwhile, IBK supports the growth of small and venture companies by providing a total investment and loan package worth 4 trillion KRW to activate mergers and acquisitions (M&A) of SMEs and supplying 2.5 trillion KRW in venture capital to support the growth of technology startup companies.
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