Industrial Bank of Korea (IBK) – Phnom Penh Branch is a branch of the Industrial Bank of Korea, a South Korean government-owned bank established in 1961 with a core mission of supporting small and medium-sized enterprises (SMEs). Today, IBK operates an extensive international network across Asia, Europe, and North America, and has built a strong reputation for corporate banking and SME financing.
The Phnom Penh branch was officially licensed by the National Bank of Cambodia in October 2018 and commenced operations in December 2018. The branch was established to support Korean investors and local Cambodian businesses by providing tailored financial services and leveraging IBK’s decades of experience in SME financing and international trade support.
Industrial Bank of Korea Cambodia primarily focuses on corporate banking services, including trade finance, working capital financing, foreign exchange services, and cross-border transactions. The bank plays an important role in facilitating investment flows between South Korea and Cambodia, particularly in sectors such as manufacturing, infrastructure, and international trade.
With strong backing from the Korean government and deep expertise in SME financing, Industrial Bank of Korea aims to contribute to Cambodia’s economic growth while supporting Korean and international companies operating in the Kingdom.