NH Investment & Securities held a board meeting on the 18th of this month and noted that it plans to pursue a corporate value enhancement plan targeting "sustainable return on equity (ROE) of 12%, predictable shareholder return policy, and a price-to-book ratio (PBR) of 1."
NH Investment & Securities plans to meet the capital return requirement (COE) of 10% demanded by the market through its core businesses, including investment banking (IB), wealth management (WM), and asset management, and achieve the target ROE of 12% by adding revenue from new and existing businesses.
It also plans to establish a rapid growth system that exceeds market growth through connections between institutional sectors.
To this end, the IB sector will pioneer the high-value-added advisory service market, including package deals such as acquisition financing and tender offers, and strengthen its role as a service provider covering the entire life cycle of real estate project financing (PF).
In WM, the plan is to leverage this IB competitiveness to expand the ultra-high-net-worth (UHNW) client base and secure competitiveness in growth businesses such as foreign stocks through new client expansion on digital platforms. The goal for the asset management sector is to increase the scale of managed assets based on WM growth and maintain stable revenue.
NH Investment & Securities guarantees a minimum dividend yield of 500 won through basic dividends and plans to promote the industry's best shareholder returns through additional dividends based on business performance. It also plans to optimize capital efficiency through share buybacks and cancellations.
Yoon Byung-woon, CEO of NH Investment & Securities, said, "We have prepared a corporate value enhancement plan containing realistic and specific measures," adding, "I will work hard to enhance corporate value through sustainable growth and a predictable shareholder return policy."