[South Korea's Choice Financial newspaper reporter] 'equity and improvement of the Bank, high asset quality, provisioning high, even if the scale is the year that the dividend How about one or another.'
Hayounggu was national president of Union Bank (pictured) represents the banking industry to comment on this ongoing debate, including press conferences last 20 days out in the 'high dividend banking', 'foreign shareholders were satisfied group.
Hayounggu jipeot president basically said "Korea is one of around a low dividend payout countries worldwide. And chairman explained, "is to have the stocks to invest in attractive dividend 'said' is not growth stocks, especially banks.
Hayounggu Chairman of claims may be interpreted as position on the controversy taking place only if the dividend season. Even though the Bank of unique privileges in situations where more than half of the dividend and the shareholders of foreign investment policy to maximize shareholder is standing in the midst of controversy.
Financial authorities are situations that require a high dividend to refrain from financial institutions. Global financial impact than past earnings scale banking crisis has reduced the relatively high dividend, but it does slow down the gyeonggyegam about the risk of expanding the risk.
Jinungseop Financial Supervisory Service is' it is desirable to maintain an appropriate level of capital through a reasonable dividend policy "in the meeting with commercial bankers in November last year and has said. The pool is to be taken into account that a wide range of enhanced global financial regulatory environment, including Basel Ⅲ enforcement, strengthening regulatory risk-weighted assets, IFRS9 introduced.
Of course, should keep the dividend is lower fidelity capital, asset quality, "it said chairman hayounggu limited. And President said "It is a varied country banks, the Bank for International Settlements (BIS) capital adequacy ratio up to 11-18%, said 'it is good to see off dividends to suit the situation of the bank. KB Financial, Shinhan Financial Group, including domestic dividend payout is 20-25% level. Somewhat higher than the government's main shareholder, the Industrial Bank.
A position that should be focused on enhancing the corporate value of the financial institution through dividends. Hayounggu President emphasized, "should be to create a steady dividend consistent dividends, capital soundness strong bank."
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