Company
State-run South Korean bank focused on financing small and medium-sized enterprises, operating under the finance ministry's policy mandate.
Industrial Bank of Korea launched IBK Vietnam in Hanoi as Vietnam's 10th wholly foreign-owned bank, after a nine-year approval process. Seoul Economic Daily says licensing has tightened, but one file cannot show an approval rate.
Reality
Industrial Bank of Korea's loans to zombie firms rose 62.8% to 37.6 trillion won since end-2022, against 22.6% growth in its whole corporate book. Firms that have failed to cover their interest bills for three straight years now account for about 13.4% of its corporate loans, up from 10.1%.
Reality
Korea Development Bank said the fund manager it backs chose to put 400 million won into 'Assassin(s)', while IBK defended its direct 2 billion won stake. About 93% of the 30.65 billion won a lawmaker questioned moved through bank-backed funds, the layer where KDB says it cannot take part.
Perspective Coverage
3 publishersReality
Woori Bank raised its one-year corporate deposit rate to 4.09% on September 30, up 1.12 points this year. With companies supplying about 80% of Korean bank deposits, that posted rate now sits within 0.6 points of what banks charged on new mortgages in August.
Reality
The Financial Services Commission's holiday tally for small firms comes to 102.6 trillion won, and 62.4 trillion of it extends maturities on loans already outstanding, leaving roughly 40.2 trillion won of new credit.
Reality
The write-offs Seoul has actually costed cover paper the banks sold years ago, which leaves the document that sizes losses at banks and policy lenders as the one the government still has to write, inside a month.
Reality
The bank says it reconciled repayment records against deposits every day. Both sides of that check came from the counterparty now accused of diverting 83.376 billion won.
Reality
The FSC relocation plan reaches Cabinet this week. The agency trades address for institutional survival, while supervised firms in the capital region absorb the access cost on an unpublished timeline.
Reality
Filings are on pace to pass last year's record, and the delinquency data says the damage sits in small firms funded by regional banks, not in the listed universe investors watch.
Reality
A union survey of 1,538 employees puts outright intent to leave at 69.7%, and 92.5% among under-40s. The firms the watchdog inspects would face a thinner bench for years.
Reality