A Strategy to Increase Revenue and Profit will be Implemented Using Opportunities Provided Under Business Environment or Daebu Industry
Business Environment of Daebu Industry
01 Trend of Growth
Growth Continues in Daebu Industry Maintain Stability with Soundness of Loan Assets
02 Enhance Profitability
Interest Rate : 24.0%
(Maximum Rate allowed by law)
03 Loan Assets Market
Opportunity always exists to buy loan assets from daebu companies owned by Mutual Savings Bank Group.
04 Better Opportunities for Funding Source
Diversified Funding Source(Issue of CP), Funding Cost Reduced
Enhance Funding Capability, Decrease Funding CostFund raising in big amount from strategic foreign investors.
Good relationship with current shareholders, efforts to reduce funding cost
Funding cost will be reduced substantially through issue of CP when total loan assets reach KRW 300 Bio.
Loan Assets Increase StrategyPurchase of prime loan assets from large daebu companies(P&A)
Acquire prime small & medium sized daebu companies(M&A)
Improve ProfitabilityReduce operating expenses and agency fees through scale of economy.
Reduce funding cost and expenses through stronger financial position including scale of economy.
Upgrade Organization and Business StructureVertical integration of subsidiaries to improve organization structure and consult with external specialist.
Diversify agency channel through scale of economy.