[Korea Selected financial newspaper reporters] Sh Fisheries Bank announced on May 29 that opened in the last 27 days Annual General Meeting finalized a net profit (before tax) of 78.6 billion won last year.
Fisheries Bank has increased for four consecutive years since the profit recorded 55.5 billion won last in 2013. Also it increased by 0.77% compared with 2015 (780 million).
Growth indicator, total assets increased by 14% 27.6213 trillion won (3.3101 trillion won) than the end of the previous year.
Quality indicators in the NPL ratio was improved compared to the previous year end 0.55% points (1.77%) 1.22%.
Last year in December after a separatist recapitalization from the Federation of Fisheries Cooperatives, including S & P international credit rating of the Fisheries Bank was raised from 'A-' to 'A'.
Another 12.7 billion won of public funds was also the first repayment. Fisheries Bank is out reimburse receive 1.1581 trillion won of public funds from the 2001 Deposit Insurance Corporation.
Fisheries officials said the bank "to expand its sales revenue to discover new business, sales increased productivity, etc., based on the expansion of the capital plan to steady repayment of public funds."
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