Industrial Bank of Korea

Reference number: 452448

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks, 1 thing worth a closer look

  • When global.ibk.co.kr first appeared online, and whether it can receive email
  • What kind of line 020 7847 5589 is
  • Who else gives the postcode EC2N 1HQ
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FCA permissions and consumer protection

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (4 permissions)
  • Accepting Deposits
  • Arranging (bringing about) deals in investments
  • Dealing in investments as principal
  • Making arrangements with a view to transactions in investments

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Overseas company
Incorporated
7 July 2006 (20 years old)
Registered office
79 Ulchiro Jung-Gu, Seoul, 04541, South Korea

Directors and company secretaries

Name Role Born Appointed Other companies
Byung-Mok Jeon Director Dec 1967 14 Dec 2023 None
Jungsoo Lee Director Feb 1977 28 Feb 2025 None
Byoung Hoon Seok Director Sep 1977 28 Feb 2025 None
Min-Young Chang Director Sep 1964 23 Jan 2026 None
Il-Kwang Yoo Director Nov 1966 20 Apr 2026 None
Jong Chil Son Director Jul 1971 22 Apr 2026 None
Hohyung Lee Director Sep 1965 22 Apr 2026 None

In the full report: every company its directors have run

  • Confirmation that these 7 directors run no other company
  • All 30 people who have been directors, with their dates
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Key dates in its history

Industrial Bank of Korea’s history from the FCA register and Companies House, newest first.

2016

17 October 2016

  • Board replaced: all 11 directors left and 5 new directors took over

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date
  • Regulated by the Prudential Regulation Authority from this date

FCA register

2006

31 October 2006

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

7 July 2006

  • Incorporated at Companies House

Companies House

In the full report: all 61 events

  • All 61 events in its history (6 shown here)
  • Every director appointment and resignation: 53
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Firms like Industrial Bank of Korea

Other firms of the same type (bank or building society), nearest first.

In London

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Industrial Bank of Korea

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • Every company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 61 events in its history

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Frequently asked questions about this firm

Is Industrial Bank of Korea FCA authorised?
Yes, Industrial Bank of Korea (FRN 452448) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2006 and works as a bank or building society. The FCA has placed no limits on its permissions.
What is Industrial Bank of Korea’s phone number and website?
The FCA register lists the phone number 020 7847 5589 and the website global.ibk.co.kr for Industrial Bank of Korea. If you were given different contact details, use these to check with the firm before going any further.
Is Industrial Bank of Korea a scam or clone?
Industrial Bank of Korea is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Industrial Bank of Korea?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Industrial Bank of Korea to the Financial Ombudsman Service, free of charge.
Who runs Industrial Bank of Korea?
Companies House lists 7 directors of Industrial Bank of Korea: Byung-Mok Jeon, Jungsoo Lee, Byoung Hoon Seok, Min-Young Chang, Il-Kwang Yoo, Jong Chil Son and 1 more.
How long has Industrial Bank of Korea been in business?
The company was formed on 7 July 2006, and has held its current FCA authorisation since October 2006.

Sources and links

The full report on Industrial Bank of Korea

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