Hyundai Motor, February 53 000 domestic sales ...比 8.7% increase the previous month

[Hyomun financial newspaper reporters standing in South Korea - Hyundai Motor announced that sales for 1345, only two days a total of 34 increased 1.5% YoY last month in the global market.

By 3113, only the domestic market 5, 8232 28 million foreign-many. This is 8.7% more than the same month last year domestic sales, international sales 0.3% increase.

First, the domestic market has led Granger. Granger has 10 913 sold (older 764 hybrid containing 159) and led the sale domestic market (including for hybrid 336) Avante is 7353, the Sonata is the total passenger car sales 4440, including 16.2% increase YoY total cost 23 950 were sold. 'Genesis' total 4788 sales price was such that the 3578 G80, EQ900 the 1210 sale.

Hyundai Motor official said, "Thanks to Grandeur gusts increased overall domestic market sales compared to the previous year," said "this year and strengthen promotional activities around the flagship model in the domestic market, through the lineup strengthening of strategic models, and new models of the new chageup I will actively respond to changing customer needs, "he said.





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Hanwha Insurance, gwonjabon can then zoom ... Capital increase plan yet

[Korea gimmingyeong financial newspaper reporter] Hanwha General Insurance embarked on a gwonjabon be expanded to strengthen the financial regulatory authorities, conscious of the RBC.

Announced a shareholders' meeting be held next month, and 27 days notice fiddling Hanwha has assumed the Articles of Incorporation to change the agenda to increase the number of shares from 200 million shares to 300 million shares gwonjabon.

Gwonjabon refers to the number of shares or the total jugeum to increase the Board of Directors authorized a new share issue is described in the articles of association require shareholders' approval.

Hanwha is've been fiddling 1 billion issued shares of 21.69 million shares already issued state capacity of approximately 80 million shares (par value of 400 billion won criterion) remains. But ahead of the IFRS17 reportedly introduced in 2021 as part of a capital raising to expand the scope in case if the pace to strengthen the financial regulatory authorities Spiral RBC this year.

Behind these moves is the seat of Hanwha Insurance and recapitalization issues emerged throughout the insurance industry. Insurers should align to the expanding regulatory authorities, strengthen financial liability duration is released in preparation for release in the first half of this year IFRS17 gijunan.

Hanwha fiddling especially the end of last year, RBC (solvency ratio) is transmitted to the Financial Supervisory Service recommended level situations that require additional recapitalization close to 150% While some view was also out that "the impending capital increase will ahninya.

Hanwha Insurance officials about this, there is no immediate plan to increase 'shareholder meeting is usually held once a year because it will increase the range of this opportunity "said he said.

Following the last Hanwha fiddling 2011 to June 2012, it issued the subordinated debt of 90 billion won was expanding scale of capital. 2013 was forced to end capital increase of 157.08 billion won scale, even though the issue price of less than par value, issued in June last year subordinated debt of 1280 billion. The count of more than 410 billion won in 2010 after the recapitalization yirwojin.

Most insurance companies will raise capital, except for Samsung F & M as a common issue in the insurance industry have been filled with treasures such as subordinated debt issued by way of rights issue or. Dongbu recently conducted a one-year results presentation (IR) 2016 also, in case the RBC ratio declined due to interest rate hikes are considering issuing subordinated bonds "and has said.



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Mutual credit cooperatives, increase farmers' income seeking debates held roles

[Korea Financial News Lee, Dong - Kyu News] Agricultural Mutual Finance is exploring the role of mutual credit for farm income increased by holding the '2017 Mutual Finance Conference in Agricultural ideology central institute to last from 24 25th and jyeotdago all the projects rely It said 27 days.

The conference was attended by more than 100 employees, including the central headquarters and regional headquarters mutual credit cooperatives Lee Dae-hoon CEO.

(Fifth from right) Lee Dae-hoon representative "asking questions about the way to go Mutual Finance through a wide communication range with employees was time to obtain the answer," he said "dig a role to mutual financial need in order to increase farm income it will be faithfully implemented, "he said.

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Shinhan Card, card spending last year 比 31.9% increase in foreign

[Korea before lower cervical financial newspaper reporter] last year, foreign card spending showed a 31.9% YoY. Consumption growth was particularly noticeable in the center of Southeast Asia.

Shinhan Card and Korea Culture and Tourism Institute and the '2016 foreign credit card domestic spending, the analysis result, last year foreign credit card spending grew by 31.9% than the 13.74 trillion won a year earlier (412.5 billion won) to diversify the consumption pattern said that 24 days.

July is the month with the most common one trillion 248.3 billion won in the year increases were also very high as 168.3% the previous year. This contraction in consumption in July 2015 because the Middle East Respiratory Syndrome (Homers) was analyzed as shown by the low base effect.

The growth eased last year's fourth quarter, while decreasing the number of tourists arrivals decreased as a group also changes in shopping behavior using industries.

By consuming countries, mainly Southeast Asian countries have been rising significantly.

Credit card spending Chinese tourists accounted for 60.6% of total foreign spending to 8.3232 trillion won growth was also higher than the previous year by 46.2% 5.6929 trillion won.

Increase the number of arrivals in Southeast Asia increased noticeably.

Total number of foreign arrivals in Asia, arrivals accounted for a high proportion accounted for 23.8% in the second. Growth expenditures increased year-on-year to 37.75 was the highest growth rate. In particular, Taiwan, Thailand, Vietnam, Indonesia and the Philippines showed a higher growth rate than the overall average was towing the total foreign spending growth.

Looking at the total foreign spending in this sector were most frequent Shopping Accommodation 52.6% (22.2%), catering (9.1%), transport (3.9 percent) was followed

Shopping Detail usage patterns have changed and that the reduction is to increase the duty-free convenience using.

Groups of tourists using duty-free shops, tourist goods sector share of the share of discount stores / convenience store, while utilizing mainly individual tourists, down from 52% in 2012 to 40.0% in 2016 appeared to have increased last year by 11.2% from 5.8% in 2012.

These individual tourism growth is analyzed that led to the diversification and expansion of the use of available local industries.

The use pattern that is concentrated in the traditional catering sectors shopping, transportation, experiences, continued expansion in the sports sector / changes can be used also showed that merchants are gradually expanding.

Wiseongho Shinhan Card, president of "International tourists are domestic Because a significant contribution to domestic demand enabled, foreign card use consumption analysis utilizing Big Data has become a good source of information for the relevant sector workers" and "the next international tourism trends continuously identify, and said it would provide more sophisticated information in Big data analytics "for the presence tourism policy support.



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Non-face-to-face sales time increase in the savings bank activation

As the [financial newspapers around the lower cervical Korea News]-present mobile, digital sales account opening service powered by initiating such as commercial banks are going to reduce the appearance that point, but is still concentrated in the savings bank branches operate. Branch operating areas is still limited in the number of savings banks since they are services customers need to visit a branch directly.

According to the savings bank industry 24 days, it was OK Savings Bank branches extending the deadline from 4:00 pm 6:00 pm. Cash and checks are increased withdrawals finish 50 minutes from time 16:00 to 4:00 pm for 50 minutes. It is available in both deposits, except for some work that the deadline fixed by common savings banks and loan business.

OK Savings Bank official, said non-face-to-face extending opening hours in the sense that reduction to the customer time reduced to account opening, said 'savings bank direct customer demand, want tellers and counseling more often this branch visits' he said.

In fact, savings banks are still a lot of products you need to visit a branch. OK workers passbook, OK ordinary deposits, etc. must visit the branch. This point is essential to visit when you receive the expired savings. As a savings bank without a lot of points it can only be important to increase customer accessibility.

Welcome Savings Bank has extended the operating hours of 6:00 am in 2015. In many cases without a point, unlike many ATM machines and banks in the workplace and the street was extended in order to increase customer convenience.

Welcome Savings Bank officials are also effective with the 'normal were also many extended business hours so workers can see the work without jjotgiji a time when you need to visit the bank to use public transport, he said "extended hours bank and Discrimination "he said.

Ceram Savings Bank also operates an overnight window. Ceram operates a savings bank is not window at night from 9 pm every Monday from 6:00 pm last September. Launched the '33 gold owl regular 'customers to use the night window it was shut current sales target.



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