The Industrial Bank of Korea (IBK) is a state-owned bank established in 1961, primarily focused on supporting small and medium-sized enterprises (SMEs) in South Korea. It plays a crucial role in the country's economic development by providing financial services tailored to the needs of these businesses, including loans, investment, and advisory services. IBK operates a wide network of branches across South Korea and has expanded its services internationally. The bank aims to enhance the competitiveness of SMEs and contribute to job creation and innovation within the economy, aligning with the government's policies for sustainable growth.