[Photo: IBK Industrial Bank of Korea]

IBK Industrial Bank of Korea said on Monday it approved 1.35 trillion won in support for advanced strategic industries and related ecosystems in 2026 as part of its plan to participate in the 10 trillion won National Growth Fund.

The bank plans to supply the 1.35 trillion won together with the National Growth Fund to advanced strategic industries and related ecosystems, allocating 850 billion won to corporate investment and 500 billion won to infrastructure.

In corporate investment, it will supply 850 billion won, described as the largest level among banks, as tailored venture capital by life cycle for innovative small and venture firms to support technology development, commercialisation and scaling up.

It plans to invest in innovative small and venture firms through managers with experience and expertise in operating funds. For scale-up and mature-stage firms, it plans to select managers in-house that can help spur a rebound and growth and carry out tailored investments.

It also plans to invest 500 billion won to expand energy infrastructure such as power, industrial water and AI data centers, as well as infrastructure related to national strategic industries, and to build an infrastructure ecosystem for advanced strategic industries.

The fund will be managed by IBK Asset Management, which has expertise in infrastructure investment. It will be formed with 100 percent group capital, concentrating the capital strength and management capability of IBK Financial Group.

An IBK official said, "Financial support for advanced strategic industry companies and infrastructure is the bank's core role and a strength," and added, "We will actively recommend sound projects identified by the bank to the National Growth Fund to support the fund's successful operation."

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#IBK Industrial Bank of Korea #National Growth Fund #AI data centers #IBK Asset Management #IBK Financial Group
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