Industrial Bank of Korea engages in the provision of banking services. It operates through the following businesses: Deposit for individuals and corporations, Trust, Loan, Exchange, and Credits. The deposit business provides money market, deferred, instalment, and mixed deposits. The trust business offers annuities and estates trust. The loan business provides loans for equipment, business transactions, corporations, and strategic methods. The exchange business provides funds for letter of credits and foreign exchange services. The credits business offers credit services including to individuals and corporates. The company was founded on August 1, 1961 and is headquartered in Seoul, South Korea.