Sh Suhyup Bank Reports H1 Net Profit of 185.7 Billion KRW, "Focusing on Expanding Non-Interest Income in H2"

Kang Sin-suk, President of Sh Suhyup Bank

Sh Suhyup Bank announced on the 30th that its net profit for the first half of this year reached 185.7 billion KRW. This is a 1% (1.9 billion KRW) decrease compared to the first half of last year (187.6 billion KRW).

As of the first half of this year, Sh Suhyup Bank's total assets were recorded at 74.4458 trillion KRW.

Sh Suhyup Bank held a management strategy meeting over two days starting from the 25th at the JCS Hotel in Yeosu, Jeonnam, to share the first half performance and the management goals for the second half. Approximately 200 people attended the meeting, including Bank President Kang Sin-suk, key executives, heads of the financial division, and branch managers nationwide.

At the meeting, President Kang stated, "The management environment in the second half is also expected to be challenging," and added, "Let us focus our capabilities on strengthening internal controls centered on principles and regulations, improving asset soundness through proactive delinquency management, and expanding non-interest income for sustainable qualitative growth to achieve the goals for the second half and realize customer-centric management."

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