The Industrial Bank of Korea (IBK) announced on Sept. 16 that it will hold a joint maritime and fishery job fair with the Ministry of Oceans and Fisheries and the Korean Navy in BEXCO, Busan.
About 90 companies and organizations in the maritime and fishery sector, such as HMM, Ulsan Port Authority, and Korea Ocean Business Corporation (KOBC) will participate in the job fair to conduct on-site interviews and recruitment consultations for job seekers.
In addition, they will hold employment briefing sessions for the three major port authorities (Incheon, Busan, and Ulsan) and deliver special lectures on employment information and know-how.
They will also offer job seekers guidance and consulting about employment support policies.
Additional events include providing various programs to help job seekers improve their occupational competencies, such as NCS tests, occupational psychological tests, artificial intelligence job diagnosis consulting, virtual reality mock interviews, and resume photo shoots.
Interview subsidies will be provided to the first 100 job seekers who participate in on-site interviews.
Strengthening Internal Control for Financial Accident Prevention
The IBK announced on Sept. 15 that it was devising measures to prevent financial accidents, such as strengthening internal control and organizing a special countermeasure team.
As part of strengthening internal control for the preemptive prevention of financial accidents, IBK analyzes various case cases to study standardized methods and prepares measures to apply them to internal audits.
The IBK will also collect various ideas from employees related to the prevention of financial accidents such as the omission of disclosure/reporting, the misclassification and sale of financial products, and poor information management systems. Various financial accident prevention plans are in the pipeline.
They include the establishment of an embezzlement eradication council and the implementation of special regulations for the eradication of embezzlements, including the protection of whistleblowers.
“Currently, the occurrence rate of financial accidents such as embezzlements at the IBK is the lowest in the Korean banking sector,” an IBK official said.
“But we will do everything we can do to prevent financial accidents such as mapping out plans to become a more reliable state-run bank in the future.”
Suwon City’s Primary Bank
The IBK announced on Sept. 13 that it has signed an agreement with Suwon City as its primary bank to take care of the city’s funds and tax revenues.
Under this agreement, the IBK will operate the Suwon City Safe worth 3.5 trillion won for four years from Jan. 1, 2023 to Dec. 31, 2026.
The bank will take care of Suwon City’s general accounts, special accounts, and funds and collect the city’s various tax revenues and pay the city’s money of annual expenditure.
The IBK has been serving as Suwon City’s primary bank for 59 years since 1964.
As the primary bank contract will come to an end on Dec. 31 of this year, the IBK was re-selected as the next primary bank through an open competition at the Suwon City’s Primary Bank Selection Committee in August.
Business Agreement with Mirae Asset Securities
The IBK announced on Sept. 14 that it signed a business agreement with Mirae Asset Securities to support digital payment for small and medium-sized card merchants.
Through this MOU, IBK will install Mirae Asset Pay in the near field communication (NFC) payment service of Box POS to come out in the second half of this year.
The Box POS NFC Payment is an integrated payment service that provides customers with a payment method for simple payment using a mobile phone.
According to the bank, it improves the convenience of payment for merchants and customers by solving the inconvenience of customers having to ask merchants which payment methods can be used.
The IBK made it possible to use Mirae Asset Pay, an iPhone simple payment service using NFC technology, as a payment method when purchasing goods using Box POS NFC payment.
After downloading the Mirae Asset Pay Application and registering credit cards, customers can use the service immediately, so small business owners and customers can conveniently use the payment service.
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