Headquarters of Korea Securities Finance located in Yeouido, Seoul. /Courtesy of Korea Securities Finance
Headquarters of Korea Securities Finance located in Yeouido, Seoul. /Courtesy of Korea Securities Finance

Korea Securities Finance Corporation held its 75th annual general meeting of shareholders at its headquarters in Yeouido, Seoul, on the morning of the 27th, and announced on the 28th that it approved the financial statements and other agenda items as originally proposed.

Korea Securities Finance reported at the previous day’s shareholders meeting that, based on the last fiscal year, total assets were 98.2867 trillion won and net profit was 369.5 billion won. The cash dividend rate was approved at 19%, with a payout ratio of about 35%.

Additionally, it presented its vision for this year through a business report as strengthening its role as a safety net in the capital market through innovation both domestically and internationally. A Korea Securities Finance official noted, "We will solidify the original role of securities finance in the capital market by securing new growth engines and enhancing liquidity supply functions."