DOCSLIB.ORG

Work As One, Smile for All Leading Beyond 115 Years Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Work As One, Smile for All Leading Beyond 115 Years Contents WOORI BANK 2013 ANNUAL REPORT Work as One, Smile for All Leading beyond 115 years CONTENTS Work as One 002 Woori Bank's 115th Anniversary 066 Pension & Trust Business 022 Message from the CEO 068 Wealth Management(WM) 026 Woori Financial Group’s Holding Structure 027 Financial Highlights 072 Global Business 028 Board of Directors & Management 074 International Trade Business 030 Corporate Governance 076 Financial Market Business 032 News Highlights 034 Woori Bank’s Awards 2013 080 Social Contribution Activities 083 Woori Smile Microcredit Smile for All 084 Employee Satisfaction 042 Risk Management 044 Ethical Management Financial Review 046 Consumer Protection 087 Management’s Discussion and Analysis -Cham(responsible) Finance 092 Woori Finance Holdings Co., Ltd. and Subsidiaries Consolidated Statements of Financial Position 050 Smart Banking 095 Independent Auditors’ Report 052 Corporate Banking 054 SME Banking 212 Investor Information 056 Institutional Banking 213 Organization 058 Investment Banking 216 Global Network 062 Consumer Banking 064 Real Estate Finance With 115 years of history and tradition, Woori Bank is working together to become a leader as ‘a safe bank’ by accelerating asset clean-up based on thorough risk management & promoting soundness originated by the compliance-driven mindset of employees, ‘a vibrant bank’ by giving fast, convenient, and up-to-date customer oriented services, ‘a unifying bank’ by joining employees forces with leadership & integrity for customer satisfaction, ‘a pioneering bank’ by providing customized global banking services beyond boundaries, and ‘a sharing bank’ by promoting ‘warm-heartedness in the society’ for everlasting sustainability. Woori Bank has shared every moment with our customers for 115 years. Despite numerous difficulties and challenges, Woori Bank stood firm and secure for over a century. Because customers have always been supporting us, recognizing the genuine value of our bank, running and sharing every moment together, Woori Bank will always be with you side-by-side serving you for the next 100 years. 1899 1910 1945 1956 1960 1997 Woori Bank has been with our customers for 115 years SINCE 1899 “115 years have passed, generating values every year and overcoming daily challenges.” Starting from “Daehan Cheonil Bank”(meaning ‘number one bank under the sky’) to Woori Bank(meaning ‘our bank’) as of now, our bank has been the leading bank in the Korean banking sector for over 115 years, contributing to the development of Korean history and finance. Woori Bank will continue to take the lead in developing Korea’s wealth and economy for the next centuries to come. 1999 2001 2003 2012 2013 “Daehan Cheonil Bank” is founded as Korea’s first bank in the modern era. (The Commercial Bank of Korea) Establishment of Korea’s first bank head office, “Gwangtong-gwan” (Currently Jongno Branch) Joseon Trust Company and The Commercial & Industrial Bank of Korea merged to launch “Korea Industrial Bank”(Hanil Bank) Daehan Cheonil Bank renamed “Joseon Sangeup Bank” (The Commercial Bank of Korea). Becomes the first bank to be listed on the Korean Stock Exchange Establishment of “Joseon Trust Company“ Korea Industrial Bank renamed (Hanil Bank) “Hanil Bank” Joseon Sangeup Bank renamed “Peace Bank of Korea” launched “The Commercial Bank of Korea” History of Woori Bank Woori History of 1899 1909 1910 1911 1919 1932 1945 1950 1954 1956 1960 1988 1992 1993 1997 Korea applies to the IMF for a rescue package during the financial crisis History of Korea Korea liberated from Japan’s The Banking Act enacted, Seoul Olympics held Real-name financial (transaction) colonial rule the Korean War(North vs. South) broke out system adopted Japan colonizes Korea March 1st protests against Japanese colonization spark the “Independence Movement” Korea’s first modern constitution established 1899 1997 The Commercial Bank of Korea and Hanil Bank merged to launch “Hanvit Bank” Peace Bank of Korea(commercial banking segment) merged with Hanvit Bank “Woori Financial Group” launched “Woori Financial Information System” launched Bank’s name and CI changed to Woori Finance Holdings and listed on the Korean Stock Exchange Woori Finance Holdings listed on the New York Stock Exchange (NYSE) “Woori Private Equity” launched Woori Bank’s 47th President & CEO Lee, Soon Woo appointed “Woori Finance Research Institute” launched Woori Smart Branch opened “Woori Card” launched “Woori Investment Bank” launched Woori Bank Brazil opened Woori Financial Group’s 6th Chairman & CEO Lee, Soon Woo appointed and Woori Bank’s 48th President & CEO Lee, Soon Woo reappointed 1950 1954 1956 1960 1988 1992 1993 1997 1999 2001 2002 2003 2005 2011 2012 2013 Korea-Japan World Cup held IMF receivership comes to an end 1999 2013 What does Woori Bank achieve and ‘work as one’ to maximize customers satisfaction? Work as One Work Safety Vitality Unity Pioneering Sharing Woori Bank ‘work as one’ to breathe every moment with our customers. We prioritize customer centered values and our roles of being the longest running No. 1 bank and a bank acting as a role model in developing the Korean economy. Key phrases to describe Woori Bank are: ‘A Guardian that Leads in Safety’, ‘A Tech-Savvy Player that Leads in Vitality’, ‘A Woori Family Creator through Unity of Hearts’, ‘A Global Explorer that Leads in Pioneering’, and ‘A Promoter of Cham(responsible) Finance guided by Sharing and Love’. Each and every employee at Woori Bank will always be beside our valuable customers, supporting, running, laughing, sharing each and every moment together. Work as One 2013 ANNUAL REPORT 009 010 010 What does Woori Bank achieve and Woori Bank ‘work as one’ to breath every moment with our customers. We prioritize prioritize We customers. our with moment every breath to one’ as ‘work Bank Woori ‘work bank. asresponsible one’socially a being of roles our and values centered customer Key phrases to describe Woori Bank are: ‘A Mother like Guardian that Leads in in Leads that Guardian like Mother ‘A are: Bank Woori describe to phrases Key Safety’, ‘A Tech-Savvy Player that Leads in Vitality’, ‘A Woori Family Creator through through Creator Family Woori ‘A Vitality’, in Leads that Player Tech-Savvy ‘A Safety’, to of maximizePromoter ‘A and Pioneering’, in Leads customersthat Explorer Global ‘A Hearts’, of Unity Cham(responsible) Finance guided by Sharing and Love’. Each and every employee employee every and Each Love’. and Sharing by guided Finance Cham(responsible) at Woori Bank will always be beside our valuable customers, supporting, running, running, supporting, customers, valuable our beside be always will Bank Woori at satisfaction?together. moment every and each sharing laughing, WOORI BANK Work as One Work Safety Vitality Unity Pioneering Sharing 2013 ANNUAL REPORT 011 A Guardian that Leads in Safety 012 WOORI BANK Woori Bank’s asset management service safely guards and reinforces the growth of customer assets like the sensitivity of a as Work mother who carefully looks after her newborn baby. Our bank’s long journey of protecting or cleaning-up assets through advanced risk management has continued for centuries to serve as a nest in nurturing our customers’ assets like the comfort O ne of one’s home. An ethical mindset has been embodied among all employees as they trust one another to make our bank a sustainable and sound bank. 2013 ANNUAL REPORT 013 A Tech-Savvy Player that Leads in Vitality 014 WOORI BANK Work as Work O ne Woori Bank provides fast, easy, and convenient smart banking services, passionately bracing for and readying ourselves to vibrantly greet our customers at anytime and from anywhere. Woori Bank approaches our customers right on the spot to build stronger rapport and friendship compared to our peers. Above all, well acknowledging that customer accessibility maximization is the key to strengthening our new growth engine, Woori Bank serves exceptional smart banking services of speed and convenience for everyone. 2013 ANNUAL REPORT 015 A Creator of Woori Family through Unity of Hearts 016 WOORI BANK Believing that no barriers are insurmountable despite hardships in life, Woori Bank has all level of managers at the as Work forefront with unyielding leadership, colleagues that support them wholeheartedly, and all employees who are ready to unite into one heart and soul. We genuinely have a corporate culture that prioritize the leaders’ commitment towards O ne number one customer satisfaction and colleagues’ collective spirits in overcoming any obstacles to sustain growth. Woori Bank where everyone is united is home to a bigger and wider path forward. 2013 ANNUAL REPORT 017 A Global Explorer that Leads in Pioneering 018 WOORI BANK Work as Work O ne Woori Bank challenges prejudice and thinks outside the common boundaries, opening up a new door of opportunities beyond A Global Explorer that Leads in Pioneering any boundaries. This stance will be reaffirmed by pioneering in the global banking sector, and leading to a more creative path in strengthening global finance. Cherishing the 115 year history in being the 1st bank founded within Korea and steadily strengthening international presence, our bank will continue to be a leading bank worldwide with the ability to seek for a new world of convergence, adapting to the dynamic changes and improving the shortcomings of the current banking legacy. 2013 ANNUAL REPORT 019 A Promoter of Cham(responsible) Finance guided by Sharing and Love 020 WOORI BANK Believing that a genuine heart communicates itself to the core, and prioritizing social roles & values of finance over other as Work A Promoter of Cham(responsible) Finance guided by objectives, Woori Bank continues to lead the social norm in sincerely understanding and sharing with our community. To make the world a place of warmheartedness, our bank opened ‘Consumer Protection Center’ for the 1st time in Korea O ne and Love and encouraged our bank to be reborn as a more socially responsible bank.
Load more

Recommended publications
  • FTSE Korea 30/18 Capped
    2 FTSE Russell Publications 19 August 2021 FTSE Korea 30/18 Capped Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Alteogen 0.19 KOREA Hyundai Engineering & Construction 0.35 KOREA NH Investment & Securities 0.14 KOREA AmoreG 0.15 KOREA Hyundai Glovis 0.32 KOREA NHN 0.07 KOREA Amorepacific Corp 0.65 KOREA Hyundai Heavy Industries 0.29 KOREA Nong Shim 0.08 KOREA Amorepacific Pfd. 0.08 KOREA Hyundai Marine & Fire Insurance 0.13 KOREA OCI 0.17 KOREA BGF Retail 0.09 KOREA Hyundai Merchant Marine 1.02 KOREA Orion 0.21 KOREA BNK Financial Group 0.18 KOREA Hyundai Mipo Dockyard 0.15 KOREA Ottogi 0.06 KOREA Celltrion Healthcare 0.68 KOREA Hyundai Mobis 1.53 KOREA Paradise 0.07 KOREA Celltrion Inc 2.29 KOREA Hyundai Motor 2.74 KOREA Posco 1.85 KOREA Celltrion Pharm 0.24 KOREA Hyundai Motor 2nd Pfd. 0.33 KOREA Posco Chemical 0.32 KOREA Cheil Worldwide 0.14 KOREA Hyundai Motor Pfd. 0.21 KOREA Posco International 0.09 KOREA CJ Cheiljedang 0.3 KOREA Hyundai Steel 0.33 KOREA S1 Corporation 0.13 KOREA CJ CheilJedang Pfd. 0.02 KOREA Hyundai Wia 0.13 KOREA Samsung Biologics 0.92 KOREA CJ Corp 0.11 KOREA Industrial Bank of Korea 0.22 KOREA Samsung C&T 0.94 KOREA CJ ENM 0.15 KOREA Kakao 3.65 KOREA Samsung Card 0.08 KOREA CJ Logistics 0.12 KOREA Kangwon Land 0.23 KOREA Samsung Electro-Mechanics 0.81 KOREA Coway 0.36 KOREA KB Financial Group 1.78 KOREA Samsung Electronics 25.36 KOREA Daewoo Engineering & Construction 0.12 KOREA KCC Corp 0.12 KOREA Samsung Electronics Pfd.
    [Show full text]
  • Equity Products Overall
    Corporate results Overall: equity products Overall: derivative platforms Overall: credit products Bank Bank Bank 1 HSBC 1 BNP Paribas 1 BNP Paribas 2 Standard Chartered 2 Citi 2 Mizuho Bank 3 Bank of China 3 HSBC 3 Bank of Tokyo-Mitsubishi 4 Bank of Tokyo-Mitsubishi 4 Standard Chartered 4 Citi 5 Nomura 5 JP Morgan 5 Standard Chartered Overall: interest rate products Overall: currency products Bank Bank 1 Standard Chartered 1 Standard Chartered 2 HSBC 2 Citi 3 Citi 3 HSBC 4 OCBC 4 OCBC 5 BNP Paribas 5 BNP Paribas Equity products Derivative platforms Index products Cross asset Equities Kospi 200 Hang Seng China Enterprises Bank Bank Bank Bank 1 BNP Paribas 1 BNP Paribas 1 Kookmin Bank 1 HSBC 2 HSBC 2 Citi 2 Samsung Securities 2 Bank of China 3 Standard Chartered 3 HSBC 3 Woori Bank 3 Standard Chartered 4 JP Morgan 4 Credit Suisse 4 BNP Paribas 4 ICBC 5 Citi 5 Goldman Sachs 5 Citi 5 Citi FX Credit Nikkei 225 Hang Seng Index Bank Bank Bank Bank 1 BNP Paribas 1 HSBC 1 Nomura 1 HSBC 2 Standard Chartered 2 Citi 2 Bank of Tokyo-Mitsubishi 2 Bank of China 3 Citi 3 BNP Paribas 3 Goldman Sachs 3 Hang Seng Bank 4 HSBC 4 Deutsche Bank 4 Deutsche Bank 4 Standard Chartered 5 DBS 5 Standard Chartered 5 Citi 5 Citi Fixed income Single stock options Bank Kospi 200 Hang Seng China Enterprises 1 BNP Paribas Bank Bank 2 Citi 1 Samsung Securities 1 HSBC 3 Standard Chartered 2 Korea Development Bank 2 Standard Chartered 4 HSBC 3 Woori Bank 3 Citi 5 DBS 4 Citi 4 Bank of China 5 Shinhan Bank 5 DBS Credit products Nikkei 225 Hang Seng Index Asia ex-Japan Japan
    [Show full text]
  • Lessons of Korea's Financial Sector Policies
    ADB INSTITUTE RESEARCH PAPER 47 Financial Repression, Liberalization, Crisis and Restructuring: Lessons of Korea’s Financial Sector Policies Yoon Je Cho November 2002 In the last 50 years, Korea’s financial sector has gone through heavy repression, rapid liberalization, deep crises and finally massive restructurings. However, there is no optimum financial sector policy to be applied at all times and system inertia often prevents the timely adjustment of policy to changed circumstances. Although no agreed international best practice has yet been found to guide successful and rapid economic expansion, financial sector reform should always be tuned to progress in the real sector and the capabilities of financial market infrastructure. adbi.org ADB Institute Research Paper Series No. 47 November 2002 Financial Repression, Liberalization, Crisis and Restructuring: Lessons of Korea’s Financial Sector Policies Yoon Je Cho I ADB INSTITUTE RESEARCH PAPER 47 ABOUT THE AUTHOR Yoon Je Cho is a Professor of Economics at the Graduate School of International Studies, Sogang University, Korea. He received his Ph.D. in economics from Stanford University and was the Vice President of the Korea Institute of Public Finance. Prof. Cho has also served for two terms as a senior counsellor to the Deputy Prime Minister and Minister of Finance and Economy of Korea. Additional copies of the paper are available free from the Asian Development Bank Institute, 8th Floor, Kasumigaseki Building, 3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo 100-6008, Japan. Attention: Publications. Also online at www.adbi.org Copyright © 2002 Asian Development Bank Institute. All rights reserved. Produced by ADBI Publishing. The Research Paper Series primarily disseminates selected work in progress to facilitate an exchange of ideas within the Institute’s constituencies and the wider academic and policy communities.
    [Show full text]
  • U World Bank Discussion Papers
    Public Disclosure Authorized UWorld Bank DiscussionPapers Public Disclosure Authorized Credit Policies and the Industrialization of Korea Public Disclosure Authorized YoonJe Cho Joon-Kyung Kim Public Disclosure Authorized Recent World Bank Discussion Papers 1 N L' 2 1$ ( :1.'.*;.rifi au. te111,c,gt k p 1 IiatjC A iJ.luauritt,) Pa reiw :17a,.'entual IPirplctliver .irid I rnij'iu.dl l:'de t.e. KlamsuXV I )CIItiger Nt i. 2 I' I )cvelopruirnvof' Rgirj I,,.nai.a 1 .la ukrt,, irn S,.I,-Sa,ira,n Sah.upathwThil lirajah Nto. 224) '17li .A .litimre 'I iaPs, popOt 1i Ha. J. I'eLers Na I221 l'.l lia.r.l 1Fiu,uucr7iic Iixl'ertretr .4 l'oniat j.m. Tle Jap.inesc D)evelopimentBlank .indITlih J.ql.anEcnninntntc IResearch IiStEtute N.a 222 .1 a, ', r,'uimnnL .I tFclairrct al C lana:Plrn. cilint. ol.a Confim r--ineh liarD, .June 1993. Edited 1v Petcr Harrold. E. C. 1-twa.Jnidt Lou jtiet No'.223 1lie DrioloitentVY o0rIa 11,1 1nate .Soat,' an .1 Sall luior,OinMil 'lan.nsi:on:Ile Caw .in'.ionloli.3 Hotiaiijti Hahn; N i 224 ii;,,vgJ uIaEtirzrontpracn:l Stlral qj-,t, .',ita. CLarter lBrandoa andcilUi iesi; RtatJIaiakuctv Ntia22i E"orties.Irollpc"a.sad OIthir .Alythit abmout*hade: 110oii to. rorf Alerahandeiise pIportsin thir lt ,and()ilaer Mlalor IFdltrriltYlliu1n1,'tnu1. ;.n 1d lita '17W)'.Aleanj ilr evrhlo'pmnCuileutr,ij-).]ean alna etli Nit 226 .\ Olk.l.i Fr1l,8liartI: EdicatilollOII dtritg Ei,c'noniac lianist1o11. Kin Bling Wu NO. 227 Cjtaut' U'ilitna I.aidn bMarkerS;.rsn,.ri of the Iauild Socali,r lExpennmiert.Alain lBertaudi anid Bertrand Relnaud No.
    [Show full text]
  • Korea and China Face a New Era of Cooperation in Finance
    :: Issue Analyses Korea and China face a new era of cooperation in finance Dr. Lim Ho-yeol Chief Representative of Beijing Office, Bank of Korea ince 2008 Korea, China and Japan have been operating about 50 intergovernmental consultation channels, including summit meetings, and more than a hundred cooperative projects. With S the establishment of the Trilateral Cooperation Secretariat (TCS) in Seoul in 2011, financial cooperation among the three countries entered the stage of institutionalization. Korean and Chinese commercial banks had entered each other’s country from early on to support business activities in currency finance. Now, financial cooperation is expanding at the central bank level: in 2012 the Bank of Korea (BOK) received a Qualified Foreign Institutional Investors (QFII) license from the Chinese government and began investing in China’s stock market; BOK was also granted a quota by the People’s Bank of China (PBOC) to invest in China’s bond market. In the future, the two countries will expand cooperation in various other fields, including cross-border trade settlements in their respective currencies, and investment in each other’s sovereign bonds. 79 Winter 2012�POSRI Chindia Quarterly ○● Korean and Chinese financial institutions continue to enter each other’s markets Since the Chinese government first allowed foreign banks to enter China in 1990, and opened yuan business to foreign banks in 1996, Korean financial institutions have rushed to enter China. At the writing of this article, in November 2012, many Korean banks have developed their operations in the Chinese market: Hana Bank, Woori Bank, Shinhan Bank, and Kookmin Bank (KB) have set up their headquarters in Beijing, and Korea Exchange Bank (KEB) and Industrial Bank of Korea (IBK), in Tianjin.
    [Show full text]
  • Industrial Bank of Korea
    Industrial Bank of Korea (024110 KS ) More exposed to low interest rates than peers due to lack of portfolio diversification Banks 4Q19 preview: Above-consensus net profit of W339.3bn Company Report For 4Q19, we project Industrial Bank of Korea (IBK) to post consolidated net profit of February 4, 2020 W339.3bn (+12.3% YoY, -10.9% QoQ), which is 2.5-6.2% above the recently lowered consensus (W319.3bn based on Bloomberg; W330.9bn based on FnGuide). Other than seasonal factors, we do not believe there were any major one-off items. We believe total loans grew 0.8% QoQ (+6.8% YTD), with SME loans likely growing 0.9% (Maintain) Buy QoQ (+7.3% YTD). We estimate net interest margin (NIM) slipped 6bps QoQ to 1.75%, hurt by the sharp decline in market interest rates and ultra-low-rate loan programs for Target Price (12M, W) ▼▼▼ 14,000 self-employed borrowers. We expect net interest income of W1.42tr (-1.9% YoY, -1.8% QoQ) and net commission income of W113.1bn (-4.0% YoY, +0.2% QoQ). Share Price (01/31/20, W) 10,750 For 2020, we forecast loan growth of 6.3% and NIM of 1.74% (-10bps YoY). We expect net interest income to remain flat YoY amid an increase in SG&A and provisioning Expected Return 30% expenses, leading to a 5.0% YoY fall in net profit (to W1.62tr). We believe IBK is more exposed to the current ultra-low interest rate environment NP (19F, Wbn) 1,700 than its peers, which have more diversified portfolios and are able to defend their Consensus NP (19F, Wbn) 1,681 group-level earnings through the strengths of their non-banking sub sidiaries (solid fundamentals, ownership expansion, M&As, overseas expansion, etc.).
    [Show full text]
  • Of 21 Voya Emerging Markets Index Portfolio Portfolio Holdings As of August 31, 2021 (Unaudited)
    Voya Emerging Markets Index Portfolio Portfolio Holdings as of August 31, 2021 (Unaudited) Ticker Security Name Crncy Country Price Quantity Market Value VNET 21Vianet Group, Inc. USD China 19.79 8,311 $164,475 QFIN 360 DigiTech, Inc. USD China 22.80 8,162 $186,094 601360 360 Security Technology, Inc. - A Shares CNY China 1.84 29,600 $54,506 1530 3SBio, Inc. HKD China 1.11 111,500 $124,214 JOBS 51job, Inc. USD China 76.80 2,743 $210,662 3319 A-Living Smart City Services Co. Ltd. HKD China 3.97 54,250 $215,608 2018 AAC Technologies Holdings, Inc. HKD China 5.54 72,500 $401,916 AOTHAI Abdullah Al Othaim Markets Co. SAR Saudi Arabia 30.74 4,275 $131,424 M AEV Aboitiz Equity Ventures, Inc. PHP Philippines 0.86 180,620 $155,767 ABG Absa Group Ltd. ZAR South Africa 10.83 70,934 $768,205 ADCB Abu Dhabi Commercial Bank PJSC AED United Arab Emirates 2.04 280,089 $572,661 ADIB Abu Dhabi Islamic Bank PJSC AED United Arab Emirates 1.54 99,971 $153,456 ADNOC Abu Dhabi National Oil Co. for Distribution PJSC AED United Arab Emirates 1.23 199,367 $245,264 DIS ACC ACC Ltd. INR India 33.00 7,090 $233,946 2345 Accton Technology Corp. TWD Taiwan 10.13 50,000 $506,568 2353 Acer, Inc. TWD Taiwan 0.91 286,462 $259,982 ADE Adani Enterprises Ltd. INR India 21.72 26,370 $572,781 ADANIG Adani Green Energy Ltd. INR India 14.60 38,606 $563,753 R ADSEZ Adani Ports & Special Economic Zone, Ltd.
    [Show full text]
  • Confirmed Attendees Include
    7 May 2019 | Seoul 9-10 May 2019 | Tokyo Connecting Korean capital to Building global infrastructure with global infrastructure Japanese capital #iiSeoul #iiTokyo Confirmed attendees include: » Aberdeen Standard Investments » Asset Management One Investments » ABL Life Insurance » Asset Management One » Construction Workers Mutual Aid » AES Infrastructure Advisors Alternative Investments Association » Ahlstrom Capital » AXA Life Insurance » Credit Agricole CIB » AIA Life Insurance » bfinance » Cresta Fund Management » AIA Life Korea » BlackRock » Daido Life Insurance » AIP » Bloomberg NEF » Dai-ichi Life Insurance » AISIN Employees’ Pension Fund » BNP Paribas » Daiwa House Industry Pension Fund » Alberta Investment Management » BOT Lease Corporation » Brookfield Asset Management » Dalmore Capital » Alinda Capital Partners » Cabinet Office of Japan » Dalmore Capital/Pareto Capital » Altamar Infrastructurals » Campbell Lutyens » DB Insurance » AMP » Cantor Fitzgerald » DBJ Asset Management » AMP Capital » Capital Dynamics Inc » DENSO Pension Fund » Antin Infrastructure Partners » CBRE Caledon Capital » Department for International Trade » ArcLight Capital Partners LLC Management » Development Bank of Japan » Argo Infrastructure Partners » CDPQ Asia Pacific » DGB Life Insurance » Asahi Mutual Life Insurance » China Ping An Insurance Overseas » DIF (Holdings) » ASMA Capital Partners BSC » Eaton Partners » Columbia Threadneedle » Engie Secure your place today and gain unrivalled insight into the minds of the investors that are shaping the
    [Show full text]
  • October 18, 2013
    October 18, 2013 Korea Company News & Analysis Major Indices Close Chg Chg (%) KT&G (Buy/TP: W94,000) KOSPI 2,052.40 11.79 0.58 Moving into safer territory KOSPI 200 271.24 1.65 0.61 KOSDAQ 525.69 4.17 0.80 Samsung C&T (Buy/TP: W78,000) Raise TP Growth back on track Turnover ('000 shares, Wbn) Volume Value Woori I&S (Buy/TP: W15,500) Reinstate coverage KOSPI 252,614 4,375 Reclaiming lost glory KOSPI 200 72,325 3,703 KOSDAQ 289,725 1,559 Hanwha Corp. (Buy/TP: W49,000) Raise TP Market Cap (Wbn) Iraqi project progressing smoothly Value KOSPI 1,201,648 LG Display (Hold) KOSDAQ 122,843 A long, cold winter ahead KOSPI Turnover (Wbn) Buy Sell Net Sector News & Analysis Foreign 1,320 1,011 309 Institutional 927 1,092 -165 Steel (Neutral) Retail 2,095 2,222 -128 Preparing for the Hyundai Steel & Hysco merger KOSDAQ Turnover (Wbn) Buy Sell Net Economy & Strategy Update Foreign 122 59 63 Institutional 55 78 -23 Strategy Note Retail 1,382 1,423 -41 KOSPI moves in tandem with the won Program Buy / Sell (Wbn) Buy Sell Net KOSPI 820 626 193 KOSDAQ 22 17 4 Advances & Declines Advances Declines Unchanged KOSPI 457 343 85 KOSDAQ 546 358 78 KOSPI Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value NHN 640,000 30,000 260 KODEX LEVERAGE 13,040 120 234 Samsung Electronics 1,472,000 9,000 229 KODEX 200 27,055 105 176 Hyundai Motor 256,500 -8,000 171 KOSDAQ Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value INICIS 19,050 2,050 45 Sangsin Energy Display 8,000 1,040 41 Precision FASOO.COM 6,900 900 37 Celltrion 47,600 -350 33 CJ E&M 37,100 650 31 Note: As of October 18, 2013 This document is a summary of a report prepared by Daewoo Securities Co., Ltd.
    [Show full text]
  • League Tables Q1 2020 Q1 2020
    KOREA CAPITAL MARKETS LEAGUE TABLES Q1 2020 Q1 2020 MANAGER RANKINGS KOREA CAPITAL MARKETS The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards. LEAG<GO> for a full range of league tables MA<GO> for a full range of merger & acquisition tables NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Contact Phone Email Equities Joo Jeon +82 2 6360 1773 [email protected] Fixed Income Jin Ye Kim +82 2 6360 1763 [email protected] Seongji Ko +82 2 6360 1754 [email protected] Loans Soomi Oh +65 6231 3428 [email protected] © 2020 Bloomberg Finance L.P. All rights reserved. Bloomberg South Korea Capital Markets | Q1 2020 South Korea Bonds: Industry Breakdown South Korea Bonds 19% Q1 2020 Q1 2019 42% Mkt Volume (KRW Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) KB Financial Group Inc 1 21.529 4,369,972 109 1 25.150 -3.621 39% NH Investment & Securities Co Ltd 2 18.937 3,843,787 76 2 22.397 -3.460 Korea Investment & Securities Co 3 13.741 2,789,058 80 3 10.509 3.232 SK Securities 4 10.251 2,080,772 78 4 8.581 1.670 Mirae Asset Daewoo Co Ltd 5 9.241 1,875,813 53 6 6.681 2.560 Government 42% Shinhan Financial
    [Show full text]
  • Korea Equity Strategy Focus on Stocks with Solid Earnings Momentum
    May 4, 2021 Korea Equity Strategy Focus on stocks with solid earnings momentum Mirae Asset Securities Co., Ltd. Myoung -gan Yoo [email protected] Hayeon Son [email protected] Model portfolio strategy Focus on stocks with strong earnings momentum Companies characterized by significant differentials between average and top estimates are more likely to see continued upward revisions after releasing positive results. May model portfolio overweight sectors: Chemicals, steel, energy, IT appliances, and semiconductors May model portfolio underweight sectors: Software, utilities, telecom services, healthcare, and consumer staples Key stocks in overweight sectors: Kumho Petrochemical, POSCO, SK Innovation, Samsung SDI, and Samsung Electronics (SEC) Global and domestic economic Continued supply chain disruptions in developed markets to benefit East Asia n exports conditions and industrial production Developed countries continue to face supply chain disruptions and restocking pressures amid the ongoing normalization of the global economy. Meanwhile, East Asian countries, which have faced fewer supply chain disruptions, are exhibiting healthier exports and industrial production than developed economies. Korea’s April exports were up 41.1% YoY, the highest rate of growth since Jan. 2011. Exports to developed markets registered strong growth. Korea’s 1Q21 GDP was stronger than expected, growing 1.6% QoQ and 1.8% YoY. Domestic policy updates Household debt management plan and securities lending overhaul for retail investors The Korean government has announced a medium-term (2021-23) plan aimed at reining in growing household debt. Detailed measures include the reintroduction of the household debt growth target scheme and the implementation of a borrower-based debt service ratio (DSR) rule.
    [Show full text]
  • The Korean Financial Crisis of 1997: Onset, Turnaround, and Thereafter, Which I Originally Authored in Korean in 2006
    The Korean Financial Crisis of 1997 Onset, Turnaround, and Thereafter Public Disclosure Authorized Kyu-Sung LEE Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized The Korean Financial Crisis of 1997 The Korean Financial Crisis of 1997 ONSET, TURNAROUND, AND THEREAFTER Kyu-Sung LEE © 2011 The International Bank for Reconstruction and Development / The World Bank and the Korea Development Institute 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org All rights reserved 1 2 3 4 14 13 12 11 The findings, interpretations, and conclusions herein are those of the author and do not reflect the views of the World Bank, its Board of Executive Directors or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorse- ment or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com.
    [Show full text]