Thursday, February 16, 2017

Robbing poor resurrected ... Gimyonghwan Agricultural Finance Chairman reappointed green light



'Fixes losing cattle barns "[Korea's Choice Financial newspaper reporter]' is located there must not be a trite metaphor stand."

NH gimyonghwan Agricultural Financial Holding chairman (photo) stressed the "will make a leap forward in the first year of financial cooperatives' at this year's sinnyeonsa. Gimyonghwan April ahead of the president's term of office expires comes Undaunted pressure on earnings 'Big Bass (Big bath)' for Sudan, while finishing in last year's surplus management reappointed to the green light on and off.

Agricultural Finance announced that it has 15 days to achieve 321 billion won last year's net profit (consolidated). NH flagship subsidiary of the provisions wake up to 1.678 trillion won great shipbuilding and shipping industry in accordance with the non-performing loans of the Agricultural Bank.

But drastic NPL cleanup was seungbusu. Also wrote the Chairman gimyonghwan care in a holding equipped with my new team and industry analysis, increasing the industries analyzed system. Reinforcements credit supervision unit personnel and corporate credit rating was also upgraded systems, early warning systems, concentrated credit limit management.

Agricultural finally overcome the financial deficit of 201.3 billion won in the first half of this year and succeeded in eventually turn black. Gimyonghwan president himself had to 'the end of the year in 2000 ~ 3000 billion billion won surplus to me' has proved to pay off their bad performance.

Agricultural Bank pulled a net 111.1 billion won last year, the NPL ratio, thanks to the huge amount of accumulated losses dropped 0.91% to 1.36% points higher than the previous year end. Also it recorded a 0.12% delinquency rate of 0.59% point improvement over the previous year end.

The rose comes in positive mood ahead of the April re-elected chairman of gimyonghwan term of office expires. 'Successful turnaround and insolvency rob' cooperatives in the internal reportedly appreciate the point. Throughout the meeting considered the nature of gimyonghwan throughout form a good relationship.

Even gimyonghwan situation ahead of the meeting personnel is a state that does not put the reins. Gimyonghwan president "will in the future Thorough preparation sinsangpilbeol '15 National Assembly committee on agriculture, forestry and livestock products Maritime year' lacked the internal control system and risk management since the end of 2012 as a separate financial holding 'said he said.

Site gatherings subsidiary moves to encourage the achievement of profit targets 650 billion won this year, also stands out.

Gimyonghwan president plans to visit the last 14 days NH savings banks to start 16 days Agricultural Bank, Agricultural Chemistry, Agricultural Insurance, 17 days NH Agricultural Capital, NH-Amundi Asset unyung, NH Investment & Securities to the seven former subsidiary in order .

Agricultural Finance official said that "a candid discussion with a reflection on last year's performance and management issues together will deliver directly to your urge for profits to subsidiaries employees achieve goals.



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