Finance
IBK Industrial Bank of Korea builds international cooperation network with Luxembourg
IBK Industrial Bank of Korea said on Dec. 15 it has established an international cooperation network in Luxembourg to support South Korean small and medium-sized companies and startups seeking to enter the local market. CEO Kim Sung-tae met Luxembourg financial authorities and bank officials and agreed to cooperate on helping companies from both countries expand into the European market. The bank also agreed on collaboration with Luxembourg Finance Minister Gilles Roth and signed an agreement with state-owned bank Spuerkeess.