Bank President Shin Hak-gi of Suhyup Bank called for strengthening corporate finance capabilities, overhauling the bank's fundamentals, and trust-based management to prepare for the new year, when internal and external variables such as the exchange rate, stock market, and real estate, along with the spread of artificial intelligence (AI)-centered technology, will interact in complex ways.
On Jan. 5, Shin said in a New Year's address that "we achieved changes across the bank last year, including the first-ever acquisition of a subsidiary since our founding, results in the platform and AI institutional sector, robust asset growth, and the expansion of a horizontal organizational culture," adding, "this year, to make a bigger leap forward, we must examine ourselves coolly and carry out bold reforms without fail."
Regarding this year's business environment, Shin said high exchange rates coupled with a stock market boom will accelerate a shift from savings to investment in a MoneyMove, and competition in corporate finance will intensify further in place of household lending. In the spread of AI-centered technology, he also presented Suhyup Bank's differentiated AI application as an important task.
To respond to these internal and external business conditions, Shin presented five management goals: ▲ sound management ▲ value management ▲ future management ▲ differentiated management ▲ trust management.
First, he emphasized sound management through improving the funding structure and diversifying the portfolio. The bank will focus on expanding low-cost deposit bases and improving loan fundamentals, and strengthen capabilities in corporate finance centered on expanding productive finance to raise both profitability and soundness.
In terms of value management, he said the bank will contribute to customers, shareholders, and society by practicing mutual growth and inclusive finance. The goal is to become a bank that grows with society by strengthening support for fishers and the role of a cooperative bank, and by expanding financial consumer protection and support for vulnerable groups and small business owners.
He also laid out a blueprint for future management, such as creating synergy with Suhyup Asset Management and pursuing additional acquisitions of nonbank financial companies. The bank also plans to pursue new digital businesses in parallel by expanding AI for improving customer service and internal work innovation, and through strategic alliances and equity investments.
For differentiated management, the bank plans to refine systems that quickly incorporate creative ideas and on-site opinions. He also pledged to establish an organizational culture where effort is recognized commensurately through fair evaluation and compensation under trust management based on performance.
Shin said, "Suhyup Bank will move forward into a bigger ocean through innovation, unafraid of the waves of change, as one team with our executives and employees," adding, "let's make 2026 a year of a vigorous leap for Suhyup Bank."