Thursday, March 23, 2017

[In the field] handongwoo President "line (先) Shinhan Asia, leading to"



[Korea sinyuncheol financial newspaper reporter] handongwoo Shinhan Financial Group Chairman announced that the Shinhan Financial Group last year to grow through the Shareholders' Meeting greetings offered to move forward to leading financial institutions in Asia.

◇ business environment difficult, but reap ever second performance

The President pointed out that in 2016 the domestic economy also experienced a slowdown in exports, domestic demand in view of uncertainty increased greatly depending on factors superpower policy. This company said the investment growth contracted significantly weakened its position and did deohaejyeo difficult business environment, financial uncertainties in the global economic slow-growing low interest rates. However, even in this difficult business environment, such as Shinhan Financial Group will achieve steady asset growth, said geodwotdago excellent performance with efficient cost management.

The banking sector was stable net interest margin, which announced that a major role in the earnings figures increased by 30.2% over the previous year. Another card that said, life, etc. This configuration can reap haetgie japin balance between banks and non-bank portfolio earnings. The same grade of Shinhan Financial Group is a high-performance after holding a second establishment.

Describe the main agenda of the shareholders increased steadily in the last four years the dividend payout ratio comes negative, and the General Assembly would be said if the proposal is approved by the General Assembly today it continues to yieoon dividend policy so far.

The president is going through a fundamental change in the financial industry of the technology and the regulatory environment, changes in the future, and it was expected to be accelerated. Internet banking is also a professional to have a significant effect on the existing composition

In order to see the priority nature of the changes one step ahead, insisted it should be quickly determined. So in 2017 announced that the Shinhan Financial Group as positive slogan 'line (先) Shinhan.

The president as a way to achieve "good Shinhan" to "customer experience in digital transformation upgrade, and I will write strength in new areas pioneer" and "expanding the area to value creation as one of the Shinhan, plans to deepen meet the new environment, optimal resource relocation, I will change based on the insight into the risk management system equipped with pre-emptive response to external shocks, "he said. One said: "nagagetda leading group representing Asia in the future," said the greeting at the end of the will.



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