# Industrial Bank of Korea, Seoul, Korea, and Industrial Bank of Korea New York Branch, New York, New York — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For Industrial Bank of Korea, Seoul, Korea, and Industrial Bank of Korea New York Branch, New York, New York, action is Written Agreement; effective date is 2016-02-24; termination date is 2022-12-02; board document is /newsevents/pressreleases/enforcement20221206a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** Industrial Bank of Korea, Seoul, Korea, and Industrial Bank of Korea New York Branch, New York, New York _(verified: appears in the quote below)_
- **Action:** Written Agreement _(verified: appears in the quote below)_
- **Effective date:** 2016-02-24 _(verified: appears in the quote below)_
- **Termination date:** 2022-12-02 _(verified: appears in the quote below)_
- **Board document:** /newsevents/pressreleases/enforcement20221206a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2016-02-24,2022-12-02,,,"Industrial Bank of Korea, Seoul, Korea, and Industrial Bank of Korea New York Branch, New York, New York",Written Agreement,/newsevents/pressreleases/enforcement20221206a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).