Gwangju Bank Pledges 'Community-Centered Management' at Business Strategy Meeting

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Bank announced on the 24th that it recently held its 4th quarter management strategy meeting at its headquarters.

At this meeting, an awards ceremony was held for employees who achieved excellent results in the 3rd quarter to boost employee morale, and through presentations of outstanding sales cases in each sector such as PB, installment savings, strategic loans, cards, and funds, efforts were made to share sales know-how and motivate employees.

Choi Jang-beom, Executive Director of PWC Consulting, was invited to give a special lecture titled “AI + RPA Synergy,” focusing on adapting to rapidly changing digital trends by fostering a digital finance mindset and strengthening competitiveness.

Employees from the Vietnamese securities firm (JBSV), acquired by Gwangju Bank in August 2020, attended to report on their sales status and to participate in the meeting at Gwangju Bank, fostering a sense of unity.

Through the presentation of work plans, the key strategies to be promoted in the 4th quarter were proposed as follows: ▲ Strengthening retail sales power by increasing core deposits ▲ Expanding financial support for local middle and low-income residents and small business owners and practicing inclusive finance ▲ Enhancing asset soundness management ▲ Strengthening digital competitiveness through activation of non-face-to-face channels and expanding PB sales.

To this end, the bank decided to pursue ▲ Strengthening competitiveness in core deposits and non-interest sectors ▲ Proactive asset soundness management ▲ Implementing channel strategies optimized for regional sales environments ▲ Securing future growth engines through increasing digital financial assets and promoting strategic projects ▲ Actively supporting the growth of JBSV to strengthen synergy with overseas subsidiaries.

Song Jong-wook, President of Gwangju Bank, emphasized, “Despite the rapidly changing financial environment including two big-step rate hikes this year, digitalization of finance, and a sluggish economy, we have built solid fundamentals through substantial qualitative growth and structural improvement. Now, we must leap forward as a sustainable 100-year bank, not only holding the title of the representative bank of Gwangju and Jeonnam but also as a leading bank with the highest profitability and soundness among regional banks.”

He added, “Let us prepare for the upcoming new year by doing our best to finish this year well with the wisdom to turn crises into opportunities and the challenging spirit to boldly execute change and innovation.”

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