IBK’s vision is to become a financial leader of the future by setting the standard for financial markets in Asia and other emerging markets. Today, we are accomplishing this through the establishment of a successful and distinctive SME finance-oriented business model and by positioning ourselves as a global role model in developing a new future in finance. We aim to develop into one of the world’s top financial groups, supporting the dreams of clients and providing them with the very highest satisfaction, while also meeting the uncompromising expectations of shareholders, customers, employees, and society.

Following the inauguration of the new CEO in 2014, Kwon Seon-joo, IBK developed a new mid-term management plan to achieve our vision. Under the goal of becoming one of the world’s top 100 banks (on an international ranking by assets) by 2016, we devised four key strategies: laying the foundation for substantial growth; maintaining balanced growth among business sectors; exploring new business opportunities; and ensuring preemptive responses to changing business conditions.

More specifically, IBK aims to achieve stable growth at an annual rate of five percent, with our total assets reaching KRW 260 trillion by 2016 and SME loans expanding to KRW 125 trillion, which would represent a market share of more than 23 percent. We also plan to increase the number of SME clients to 1.3 million, or more than one-third of Korean SMEs.