Said [Korea sinyuncheol financial newspaper reporter] Joe mercenaries new Shinhan Financial Group chairman "KB is a good competitor," said my thoughts about the KB Financial Group and other matters subject to fierce competition this year.
◇ the financial industry to support healthy competition
Cho is the most intense competition in the retail sector among the "Bank for KB Financial Group. However, KB has a strong retail "and explained the advantages competitors have. Yet "it is similar to the inter-bank sales force, but has the advantage of the sales force of Shinhan" and was also gyeotdeul analysis of the company.
This year even more fiercely to the questions about whether the quality would think of competing with the expected KB why "inde KB was not well in credit costs management, are also better much quality was while restructuring the 2,800 people in the last year improving labor efficiency." said said the expected expectation this year, the competition is not tough. However, "when you get the first-quarter results will be able to gauge the inter-banking strength" is with the words "having been based on the KB and the healthy competition could withstand the financial industry" is left to say.
◇ Shinhan crisis finished yet remained an internal procedure,
Cho questions about Shinhan crisis did finish born fully clarified the position that "not a crisis Shinhan new to me," he called at the time, and officers familiar with the mosyeotdeon because people care about is the end of the Street.
For stock options, the dispute about the former president Shin Sanghun South procedures of the Board of Directors, said, saying the principled position that can be discussed after this. For the former president said Han Dongwoo is also probably the only entrance was a legal ruling it is not listed conditions referred to in the corresponding limit for the Shinhan crisis. For the new president said that before, but it came as a complete innocent, you should review the issue of those parts. As will explained that should a future-oriented perspective.
◇ overseas it is not a short-term performance
Cho showed a jidaeham attention to overseas markets. President Joe balhimyeo think expectation is a lot more opportunities in overseas than in Korea, however, explained the position that global business is not that hard, but well solved. Joe said, "To the overseas subsidiaries as well should be. However, the financial industry as a license to the authorities naejwoya permission, "the primary gateway is explained, saying that it acquired the license relationship with the authorities is important.
Shinhan Financial Group, the viscosity of the first advance in pay performance from Vietnam in 1992, and pointed out that "would blossomed in the last four years, there are advanced from last year to Indonesia this time do not know which flowers bloom," said the short-term perspective It was not a problem to access time.
In Japan, the reason could earn money in a short period of time abroad, it pointed out that it was possible haetgie definition and market analysis and customer base expansion, saying the position rea Shinhan Financial Group will also be note that the rate of these cases to support the enterprise.
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