1Q11 ABS release of W13.9trn ... 3.2% year-on-year increase

The total amount of ABS, Asset-Backed Securities issued in the first quarter of this year was KRW 13.9 trillion, up by KRW 500 billion from the same period last year. As a result of the increase in the issuance of Korea Housing Finance Corporation and card companies, the total amount of ABS issued in the first quarter was 171.3 trillion won.

According to the Financial Supervisory Service (FSS) on March 26, the total amount of ABS issuance in the first quarter of 2017 increased by 50 billion won (3.2%) from 13.4 trillion won to 13.9 trillion won in the same period of last year. The Korea Housing Finance Corporation issued 9 trillion won (total 64.8%) of MBS based on mortgage loans. Mortgage backed securities (MBS) are ABSs issued by the Korea Housing Finance Corporation as mortgage-backed bonds.

Based on the NPL, installment finance, etc., the financial institutions are estimated to have 2.7 trillion won (19.4% of the total) and the general companies have 2.2 trillion won (15.8% of total) of ABS Issued.

ABS issuance by asset holders increased for public corporations and general companies, while financial companies decreased. The Korea Housing Finance Corporation (KBFG), which is a public corporation, issued KRW 9 trillion in MBS, an increase of KRW 300 billion, while ABS of banks, securities firms, and other companies decreased by KRW 100 billion. General companies issued ABS of KRW 2.2 trillion, an increase of KRW 300 billion based on terminal installment bonds and air freight bonds.

By asset securitization, the base of loans and receivables basis ABS increased, while the corporate bond primary-bond secured securities (P-CBO) decreased. The base ABS loans issued KRW 9.4 trillion, an increase of KRW 300 billion. The base of accounts receivable ABS increased by KRW 300 billion to KRW 4.3 trillion, while the P-CBO based on SME corporate bonds declined by KRW 100 billion.

The issuance of MBS on the basis of the housing mortgage loan of the Housing Finance Corporation increased by 300 billion won compared to the same period of the previous year because MBS issuance based on the increase of mortgage loan (bogeumjiri) sales in the second half of last year increased steadily since the third quarter of last year to be. The total ABS issued by women companies (credit card companies, installment companies) was 2.1 trillion won, similar to 2 trillion won in the same period of last year.

According to an official from the Financial Supervisory Service, "The card issuer increased its overseas ABS issuance to 1.60 trillion won due to the interest rate hike and improved overseas issuance conditions." On the other hand, installment financing increased due to issuance of installment financial bonds, "He said.



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"Galaxy S8" Galaxy S booked in the United States

The Samsung Galaxy S8 series, which is Samsung's premium phone, has the highest number of reservations in the US in the past.

According to the industry on the 26th, the Galaxy S8 series became popular and the number of pre-orders was the highest ever, compared to the Galaxy S7 series, which is 30% higher than the previous order.

As a result, the Galaxy S8 broke the previous record set by the Galaxy S7 and recorded the largest order ever recorded.

In response, Samsung Electronics did not disclose accurate pre-order figures, but Bloomberg said it ordered 550,000 orders in two days after receiving pre-orders.

"We are delighted to respond to the Galaxy S8 and the S8 Plus," said Tim Baxter, chief operating officer at Samsung Electronics America. "The sales boom suggests that consumers still prefer Samsung Electronics to the Galaxy Note 7" did.



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Dongwon, HMR 'more side dishes' open new factory ... Sales target of 200 billion

[The Korean financial newspaper Shin Mi-jin] Dongwon Home Food (HMR) special online mall 'The side dish' opens a large-scale cooking factory in Seoul city and opens a new horizon in domestic HMR market.

On the 26th, Dongwon Home Food announced that it opened the 'DSCK Center (Dongwon Standard Central Kitchen)' on the 2,200-pyong scale in Gasan-dong, Seoul. At the new plant, customers can order up to 10,000 customer orders, up to 6,000 per day.

Dongwon Home Food plans to expand its sales channels, R & D and marketing, and to grow to 200 billion won by 2021, starting with the opening of the DSCK center.

The 'side dish', which was first introduced in 2008, is a start-up that entered the HMR market with a groundbreaking concept of delivering side dishes through online ordering. Since then, it has grown into the top online HMR specialty mall in Korea, and was transferred to Dongwon Group last July.

Dongwon Group merged into Dongwon Home Food after acquiring more side dishes under the judgment that HMR is one of the strongest growing domestic foods.

At present, Dongwon Home Food is working synergistically with 'the side dish' which sells side dishes such as side dishes and soups, and 'dress' which provides a specialized hospital type through collaboration with Gangnam Severance Hospital. In fact, after the integration of the two brands, the sales of 'dress' increased by nearly three times.

The Seoul new factory introduced 'DMPS' for the first time as a domestic food company. DMPS is a logistics system that is optimized for small quantity production and delivery. It can automatically enter orders and keep the defect rate close to 0%. The side dishes that run 'Dawn Delivery' will provide accurate and fast delivery.

Shin Young-soo, president of Dongwon Home Food, said, "The more side dish of Dongwon Home Food will be a good example of a large company taking up start-up business and nurturing it well."

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Lotte Sonhae Insurance Charlotte Volunteer Group carries out blood donation campaign for love

Lotte Sonha Insurance recently announced that it has carried out a 'blood donation event' that was added to the 'Seoul Minhang' at the headquarters of Sowallo in Jung-gu, on the 25th.

Korean Red Cross Society The 61 people who participated in the charity volunteer group participated in the event, which was run through blood donation vehicles of the South Blood House in Seoul. Donated blood donations will be donated to children with childhood cancer.

"We have decided to donate blood because we are aware that the blood supply is continuously increasing, even though the blood donation population is increasing day by day," said Ms. Hong Seok, marketing director of the marketing strategy team at Lotte Sompo. I want to help make life come alive. "

Lotte Sonha Insurance participates in corporate social responsibility and realizes a world that lives together. In addition to the blood donation events, it sponsors 'Children with the Green Umbrella Foundation', 'One Company One Financial Education', 'Local Park Carver Event' We are actively developing various social contribution activities.



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KB Kookmin Card 'Family Month Wish Festival' Event

[Korea Financial Newspaper Hankyung Publishing Co.] KB Kookmin Card will hold a 'Wish Festival for Family' event.

KB Kookmin Card announced on the 26th that it will offer 'Wish Festival Festival' event for family month of May, offering benefits such as cash back, prizes, and interest-free installments that are useful for family outing, eating out, preparing gifts.

By May 31, we will use more than 30,000 won per card with KB National Card (KB National Business Card, KB National BC Card, KB National Pre-paid Card), and from May 2 to May 31, In the case of participating, △ 1 million won cash back (1) △ 100,000 won cash back (10) △ 50,000 won cash back (100) △ 3,000 won cash back (20 7666) △ vitamin drink mobile coupon (50,000) Provide prizes to the people.

G4 Rexton will be presented to one person who has participated in the game more than 10 times during the event.

After applying for the event until May 14, if you use more than 500,000 won for KB National Card (excluding KB National Business Card, KB National Pre-paid Card) from May 1 to 14, △ 500 won for family dining expenses (100 people), 20,000 won for GS Caltex / Home Plus mobile vouchers (300 people), and 5,000 won for GS25 gift certificates (5105 people).

It also provides benefits for department stores.

From April 28th to May 14th, we will apply for the event. During the ceremony, we will accept KB National Card (KB National Check Card, KB National Business Card, KB National BC Card, KB National Pre-paid Card) If you use 10,000 won, you will get 20,000 won when you use over 400,000 won.

Lotte Department Store and other major department stores will use the KB card from the 28th to present gift certificates up to 250,000 won depending on the payment amount.

Lotte Department Store from 28th to April 30th or from May 5th to May 7th △ 20,000 won gift certificate when using more than 300,000 won △ 40,000 won gift certificate when using more than 600,000 won △ 70,000 won when using more than 1 million won Present.

From Hyundai Department Store to 28th May to 7th May, △ 10,000 won gift certificate when using over 200,000 won. △ 20,000 won gift certificate when using over 400,000 won.

AK Plaza from April 28 to May 9 △ 15,000 won gift certificate when using over 300,000 won △ 30,000 won gift certificate when using over 600,000 won △ 50,000 won gift card when using over 1 million won △ 100,000 won when using over 2,000,000 won Gift certificate.

From the 28th to the 7th of May at the Galleria, a single brand will receive a gift certificate of 15,000 won when using over 300,000 won, a gift card of 30,000 won when using over 600,000 won, and a gift certificate of 50,000 won when using over 1 million won.

In the case of a luxury brand, a gift certificate of 30,000 won for a single brand △ 30,000 won for a use of over 1 million won, a gift certificate of 150,000 won for a use of over 3 million won, and a gift certificate of 250,000 won for a use of over 5 million won.

By the end of June, KB National Card (excluding KB National Check Card, KB National Business Card, KB National Card, and KB National Pre-paid Card) will be used for 6 industries including department store, large apparel shopping center, e-commerce, 6 months △ 2 to 5 months when using 36 industries such as airline, hotel, hospital, school, and cosmetics △ 14 to 14 months including supermarket, discount store, open market, beauty shop .

From 20th to May 31st, KB National Check Card (excluding KB National BC Plus Card, KB National Freepass Card, KB National Enterprise Check Card) will be applied during the event. △ Department store △ Large discount store △ Large-sized clothing shopping center △ Family restaurants, amusement parks, and other five industries will cost 7,000 won if they use over 200,000 won.



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