Uncertain Business Environment with Base Rate Cut, Reduced Face-to-Face Sales, and Regional Economic Slump
Jeonbuk Bank Protected Its Pride by Achieving Record High Performance

Jeonbuk Bank 51st Anniversary Ceremony... Bank President Im Yong-taek "We Maintained Our Pride" View original image


[Asia Economy Reporter Park Sun-mi] JB Financial Group Jeonbuk Bank announced on the 10th that it held its 51st anniversary ceremony in the form of a non-face-to-face in-house broadcast in accordance with the strengthened social distancing measures due to the spread of COVID-19.


Through this anniversary ceremony, Jeonbuk Bank pledged to create an opportunity to further strengthen the bank's competitiveness by advancing core banking businesses, reinforcing the business foundation, improving management efficiency through the optimization of sales channels and workforce, digital innovation, risk management in preparation for economic downturn, and a shift in mindset.


In his commemorative speech, President Lim Yong-taek said, “This year, the whole world faced an unprecedented situation called 'COVID-19' that no one could have imagined, resulting in rapid interest rate cuts, reduced face-to-face sales, and regional economic recession, creating an uncertain management environment. However, as a result of the united efforts of all employees, we have once again achieved record-high performance, overcoming the crisis and preserving the pride of Jeonbuk Bank.”



He added, “Let us face the crisis boldly without fear, with the confidence that we can overcome any adversity and hardship wisely. Also, let us not forget that our customers and the residents of Jeollabuk-do always support us and stand with us.”


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing