The bank, headquartered in Seoul, South Korea, has expanded its services to include a comprehensive range of financial services for individual customers. With a staff of around 10,000 and a distribution network of 612 branches, including 12 overseas branches, IBK also operates several subsidiaries, including IBK Capital Corporation, IBK-SG Asset Management, IBK System Co., Ltd., and IBK Credit Information Corporation. In 2008, IBK Investment & Securities was launched to meet the needs of SME customers for services such as IPOs and M&As. The bank's strategic alliances with Korea Investment Holdings and the National Post Office enhance its product competitiveness and promote easy customer access to IBK banking services.