---
title: "Industrial Bank of Korea SWIFT/BIC code IBKOKRSEXXX · South Korea | Elucidate"
description: "SWIFT/BIC code IBKOKRSEXXX for Industrial Bank of Korea, South Korea. Head-office BIC, LEI 988400RBIWE3YA18PK12, addresses and Swift connectivity."
url: https://elucidate.co/directory/industrial-bank-of-korea-ibkokrse
---

1.  [Directory](https://elucidate.co/directory)
2.  [South Korea](https://elucidate.co/directory/country/kr)
3.  Industrial Bank of Korea

South Korea · Financial institution

# Industrial Bank of Korea

Legal name in the LEI record 중소기업은행

BIC **IBKOKRSEXXX** LEI **[988400RBIWE3YA18PK12](https://search.gleif.org/#/record/988400RBIWE3YA18PK12)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member Head-office BIC only [Group: Industrial Bank of Korea](https://elucidate.co/directory/group/988400RBIWE3YA18PK12) [Claim this profile](https://elucidate.co/directory/industrial-bank-of-korea-ibkokrse#claim)

## Licences and registrations

Held by the legal entity, not by this BIC

This BIC is mapped to LEI 988400RBIWE3YA18PK12 (중소기업은행) in the Swift and GLEIF BIC-to-LEI file. The legal entity’s page is [Industrial Bank of Korea, Ho Chi Minh Branch (IBKOVNVX)](https://elucidate.co/directory/industrial-bank-of-korea-ho-chi-minh-branch-ibkovnvx). None matched by LEI in the 22 tracked registers.

The Swift name for this BIC differs from the legal name in GLEIF.

Licences belong to the legal entity. Each applies in the country of the regulator that granted it, not to every BIC that carries the LEI.

## Swift network

Swift’s ISO 9362 BIC directory

- **BIC:** IBKOKRSEXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Live member
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** None: head-office BIC only
- **Other BICs with this LEI:** [IBKOVNVX](https://elucidate.co/directory/industrial-bank-of-korea-ho-chi-minh-branch-ibkovnvx) · [IBKOGB2L](https://elucidate.co/directory/industrial-bank-of-korea-ibkogb2l) · [IBKOKHPP](https://elucidate.co/directory/industrial-bank-of-korea-phnom-penh-branch-ibkokhpp) · [IBKOHKHH](https://elucidate.co/directory/industrial-bank-of-korea-hong-kong-branch-ibkohkhh) · [IBKOPHMM](https://elucidate.co/directory/industrial-bank-of-korea-manila-branch-ibkophmm) · [IBKOINDD](https://elucidate.co/directory/industrial-bank-of-korea-new-delhi-branch-ibkoindd) +2 more
- **BIC first registered:** 1992-03-02
- **Last updated:** 2026-07-18

## Identifiers

Head-office record

- **BIC:** IBKOKRSEXXX
- **How the BIC breaks down:** 1. IBKO Bank 2. KR Country · South Korea 3. SE Location 4. XXX Branch · head office
- **Branch description:** HEAD OFFICE SEOUL
- **LEI:** [988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-ho-chi-minh-branch-ibkovnvx)
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/988400RBIWE3YA18PK12)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

## Profile

- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registers
- **Country · region:** South Korea · East Asia & Pacific
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
- **Founded:** 1961

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

## Ownership and group

GLEIF relationship records

The Industrial Bank of Korea group has 11 institutions in the directory, in 9 countries: all hold a BIC.

Including [Ibk Asset Management Co.,ltd.](https://elucidate.co/directory/ibk-asset-management-co-ltd-ibkmkrs2), [Ibk Securities CO., Ltd.](https://elucidate.co/directory/ibk-securities-co-ltd-ibkskrse).

[See the Industrial Bank of Korea group →](https://elucidate.co/directory/group/988400RBIWE3YA18PK12)

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

## Addresses

- **Registered address:** 79, EULJIRO JUNG- GU SEOUL 04541 KOREA, REPUBLIC OF
- **Operational address:** IBK FINANCE TOWER FLOOR 16 JUNG- GU82 EULJI- RO SEOUL 04538 SEOUL KOREA, REPUBLIC OF

## ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents

### CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

```xml
<FinInstnId>
  <BICFI>IBKOKRSEXXX</BICFI>
  <LEI>988400RBIWE3YA18PK12</LEI>
</FinInstnId>
```

### Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

```xml
<FinInstnId>
  <BICFI>IBKOKRSEXXX</BICFI>
  <LEI>988400RBIWE3YA18PK12</LEI>
  <Nm>INDUSTRIAL BANK OF KOREA</Nm>
  <PstlAdr>
    <TwnNm>SEOUL</TwnNm>
    <Ctry>KR</Ctry>
    <AdrLine>79, EULJIRO JUNG- GU SEOUL 04541</AdrLine>
  </PstlAdr>
</FinInstnId>
```

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

## About

From Wikidata, matched on this institution's BIC or LEI

- **Founded:** 1961
- **Headquarters:** Seoul
- **Website:** [ibk.co.kr ↗](https://www.ibk.co.kr/)
- **Parent organisation:** [Financial Services Commission ↗](https://www.wikidata.org/wiki/Q624674)
- **Wikipedia:** [Industrial Bank of Korea ↗](https://en.wikipedia.org/wiki/Industrial_Bank_of_Korea)
- **Wikidata:** [Q483855 ↗](https://www.wikidata.org/wiki/Q483855)

## Related institutions

### Legal entity

-   [Industrial Bank of Korea, Ho Chi Minh Branch BIC IBKOVNVX Financial institution Not on a tracked register Vietnam · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-ho-chi-minh-branch-ibkovnvx)

The page that carries this LEI’s licences and group facts.

### Same legal entity

-   [Industrial Bank of Korea BIC IBKOGB2L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-ibkogb2l)
-   [Industrial Bank of Korea 'phnom Penh' Branch BIC IBKOKHPP Financial institution Not on a tracked register Cambodia · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-phnom-penh-branch-ibkokhpp)
-   [Industrial Bank of Korea, Hong Kong Branch BIC IBKOHKHH Financial institution Not on a tracked register Hong Kong SAR China · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-hong-kong-branch-ibkohkhh)
-   [Industrial Bank of Korea, Manila Branch BIC IBKOPHMM Financial institution Not on a tracked register Philippines · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-manila-branch-ibkophmm)
-   [Industrial Bank of Korea, New Delhi Branch BIC IBKOINDD Financial institution Not on a tracked register India · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-new-delhi-branch-ibkoindd)
-   [Industrial Bank of Korea, New York Branch BIC IBKOUS33 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-new-york-branch-ibkous33)
-   [Industrial Bank of Korea, Tokyo Branch BIC IBKOJPJT Financial institution Not on a tracked register Japan · Not on a tracked register · LEI 988400RBIWE3YA18PK12](https://elucidate.co/directory/industrial-bank-of-korea-tokyo-branch-ibkojpjt)

Other BICs mapped to the same LEI.

### Subsidiaries in the directory

-   [Ibk Asset Management Co.,ltd. BIC IBKMKRS2 Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 988400F25DEHZ2XONM95](https://elucidate.co/directory/ibk-asset-management-co-ltd-ibkmkrs2)
-   [Ibk Securities CO., Ltd. BIC IBKSKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 988400YGTKWY5K5CP805](https://elucidate.co/directory/ibk-securities-co-ltd-ibkskrse)

Entities that GLEIF records with this LEI as their direct parent.

### Largest institutions in South Korea

-   [Kookmin Bank BIC CZNBKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 549300XXMOJSIW8P4769](https://elucidate.co/directory/kookmin-bank-cznbkrse)
-   [Bank of China Seoul Branch BIC BKCHKRSE Credit institution Prudential licence South Korea · On the FSB G-SIB list · LEI 54930053HGCFWVHYZX42](https://elucidate.co/directory/bank-of-china-seoul-branch-bkchkrse)
-   [Korea Securities Depository BIC KSDCKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 9884008RRMX1X5HV6625](https://elucidate.co/directory/korea-securities-depository-ksdckrse)
-   [Shinhan Bank BIC SHBKKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 5493003P813VL21KG928](https://elucidate.co/directory/shinhan-bank-shbkkrse)
-   [Busan Bank BIC PUSBKR2P Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 98840019Y9P721BO0L96](https://elucidate.co/directory/busan-bank-pusbkr2p)
-   [Citibank Korea Inc. BIC CITIKRSX Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 745P3MMS7E8CUVXDRJ82](https://elucidate.co/directory/citibank-korea-inc-citikrsx)
-   [Keb Hana Bank BIC KOEXKRSE Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 6RPK2YDJN6L35AS0M510](https://elucidate.co/directory/keb-hana-bank-koexkrse)
-   [Morgan Stanley and CO. International PLC, Seoul Branch BIC MSKRKRSX Financial institution Not on a tracked register South Korea · Not on a tracked register · LEI 4PQUHN3JPFGFNF3BB653](https://elucidate.co/directory/morgan-stanley-and-co-international-plc-seoul-branch-mskrkrsx)

[See every BIC in South Korea →](https://elucidate.co/directory/country/kr#bics)

Claim this profile

## Work at Industrial Bank of Korea?

Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.

1.  01 **Submit** Tell us who you are, using your work email.
2.  02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3.  03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.

Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

[Read the methodology →](https://elucidate.co/directory/methodology)

Credits for this page

-   **Wikidata**—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
-   **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.

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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.