IBK, Global Finance Global & Asia Region 'Best Institution for Short-Term Investment Product Supply' Award

Attendance at the '2024 Transaction Banking Awards Ceremony' Held in Beijing

IBK Industrial Bank announced on the 22nd that it has received the 'Best Institution for Short-term Investment Product Supply' award in both the global and Asia regions from the global financial magazine Global Finance.

Notably, this award is significant as IBK simultaneously dominated the global and Asia categories in a field previously monopolized by prestigious global financial institutions such as JP Morgan, Citi, and HSBC.

IBK was recognized for its efforts to stabilize the financial market, including the swift supply of 50 trillion KRW worth of small and medium-sized enterprise (SME) financial bonds last year amid an unstable financial environment.

IBK's SME financial bonds are issued to secure loan funds for SMEs and are acknowledged by investors as a stable investment instrument due to their high credit rating (Aa2) and liquidity.

President Kim Sung-tae expressed his award acceptance remarks, stating, “We will continue to strengthen our capabilities to respond flexibly and swiftly to changes in the financial market and strive to become a global top-tier financial group.”

Meanwhile, IBK has won 12 awards this year alone from global financial magazines, establishing itself as the undisputed best bank in Korea in areas such as SME finance, sustainable finance, and inclusive finance.

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