Saemaeul Geumgo "The First Year of Organizational Culture Innovation"

Saemaeul Geumgo, celebrating its 60th anniversary, announced on the 16th that it has designated this year as the inaugural year for organizational culture innovation and plans to digitize its organizational DNA itself.

According to Saemaeul Geumgo, last year it achieved total assets of 284 trillion KRW and a net profit of 1.5575 trillion KRW. Compared to the previous year, total assets grew by 17%, and net profit increased by 40%.

Saemaeul Geumgo's depositor protection fund also recorded 2.3858 trillion KRW as of the end of last year. The organization stated that the 'repayment reserve' for responding to customers' temporary withdrawal demands for deposits and savings was also accumulated to 12.4409 trillion KRW as of the end of last year, demonstrating solid liquidity preparedness.

Saemaeul Geumgo explained, "Our extensive network of over 3,200 branches is also a differentiated competitive advantage," adding, "While many financial institutions are undergoing restructuring for efficiency reasons, we maintain a strong regional network."

Saemaeul Geumgo is also planning a 100-year blueprint. To this end, it has adopted ESG (Environmental, Social, and Governance) management, Saemaeul Geumgo ethical management, and future strategy and digital transformation (DT) as core values. Through the establishment projects of Saemaeul Geumgo in Myanmar and Laos, promoted as Official Development Assistance (ODA) projects, it plans to widely promote its identity.

Additionally, it has designated this year as the "Inaugural Year of Treasury Organizational Culture Innovation" and plans to establish a transparent organizational culture. Park Cha-hoon, Chairman of the Saemaeul Geumgo Central Association, stated, "We will move forward for the centennial future of Saemaeul Geumgo through field-centered management and communication."

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