At the NH Savings Bank Vision Declaration Ceremony held on the 9th at the headquarters in Gangnam-gu, Seoul, Choi Kwang-soo, CEO of NH Savings Bank (left), and officials are taking a commemorative photo. Photo by NH Savings Bank

At the NH Savings Bank Vision Declaration Ceremony held on the 9th at the headquarters in Gangnam-gu, Seoul, Choi Kwang-soo, CEO of NH Savings Bank (left), and officials are taking a commemorative photo. Photo by NH Savings Bank

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[Asia Economy Reporter Song Seung-seop] NH Savings Bank held a vision declaration ceremony and pledged to transform into a top-tier savings bank based on digital technology.


On the 11th, according to NH Savings Bank, at the declaration ceremony held at the headquarters in Gangnam-gu, Seoul, the mid-to-long-term vision of "A 100-year NongHyup together, a top-tier savings bank based on digital technology" was adopted. The core values for achieving the vision were presented as DT (Digital Transformation) innovation, solid growth, ESG (Environment, Social, Governance) management, and talent expansion.


NH Savings Bank explained that through DT innovation, it will establish digital-based financial innovation to create future growth engines. It aims to strengthen competitiveness by discovering new businesses and revenue sources and increase efficiency by digitizing all operations. Solid growth is linked to strengthening business execution capabilities. The goal is to diversify the profitability-centered business base and improve asset quality by enhancing risk management. Additionally, it plans to practice ESG management by participating in the realization of public value and expand professional personnel capable of responding to future financial environment changes.


NH Savings Bank will reflect the vision in its management strategy from 2022 to enhance execution capabilities. Through this, it plans to focus on business promotion and continuously advance its proprietary mobile financial platform, ‘NH FIC Bank.’



CEO Choi Kwang-soo emphasized, “To quickly respond to changes in the future financial environment and become a convenient and safe financial company, digital-based financial innovation is important.”


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

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