Industrial Bank Of Korea
Industrial Bank of Korea (the Bank) is a financial institution that provides a range of banking solutions. The Company operates in five business divisions: deposit, trust, loan, foreign exchange and credit card. Its deposit business divisions involves in the provision of installment deposits, fixed time installment savings, cover bills deposits, time deposits and others for individuals and enterprises. Its loan business division involves in the provision of discount of bills, contract loans, installment loans, ordinary loans, integrated passbook loans and loans secured by deposits. The Bank also provides insurance services, including life insurance, damage insurance and other products. On March 14, 2014, it announced that it sold entire shares of Welcron Kangwon.