Friday, March 3, 2017

Our bank's internal affairs, including fixed dividend rate decision Shareholders' Meeting agenda



[Korea sinyuncheol financial newspaper reporter] Woori Bank (Bank yigwanggu) held a three-day temporary Board of Directors, convened by the General Shareholders' Meeting Resolutions (3.24 days) was established detailed agenda.

In the case of outside directors was determined yigwanggu Bank of the end of January, early re-elected to lead the ohjeongsik 前 Citibank Korea buhaengjang as the new Executive Board Member of the Audit Committee confirmed the candidacy three days. Since the privatization of Woori Bank as the first permanent audit committee elected by gathered a lot of attention was the final selection of candidates establish the principles of fairness and professionalism a priority, through the recommendation of civilian experts commissioned an external headhunting companies reputation received inquiries, interviews and more.

New five nominees are evaluated that served as KB Capital CEO until March 2015, and before that by working as a risk of Planning and Management General Manager, Commercial Business responsible buhaengjang at Citibank Korea high understanding of the internal controls aware of the Banking the getting.

Our Bank is an autonomous foundation for management by then naedineun the first step to a dominant stockholder system since November 2016 privatization of oligopolistic shareholders to configure the Council renewed by the outside directors recommended a fair and elect the CEO and Executive Member of the Audit Committee in accordance with transparent procedures by preparing it is expected to be more focused on improving future shareholder value.

Meanwhile, our bank was determined by 400 won per share in 2016 dividends. Dividend yield is 3.0% of the total dividend amount is 269.3 billion won. Woori Bank official said hayeotdago "to consider to maintain the dividend yield is the dividend banking geumbeon average dividend 後 Basel 3 common equity ratio of regulatory guidelines (10.5%) decision."

Woori Bank official said, "the first year of privatization this year, bankers are expected to be re-elected, such as improved stability achieved sustainable results based management, thereby actively pursue planning for future shareholder-friendly dividend policy."





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