IBK Enterprise Bank Reports 83.4 Billion Won Financial Incident at Overseas Subsidiary on July 16

According to IBK Enterprise Bank's disclosure on July 16, the bank's overseas subsidiary suffered a financial incident involving 83.4 billion won due to embezzlement by a non-face-to-face lending platform operator. The operator, acting as a service agent for the platform, misappropriated customer loan principal and interest. IBK discovered the anomaly during monitoring activities and has referred the case to local law enforcement. The specific incident timeline and estimated loss amount are still under investigation.
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