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  The superior asset quality and reliability of Dongbu Savings Bank has earned it a place among Korea¡¯s most enduringly-appreciated savings banks.

Since its foundation in 1972, Dongbu Savings Bank has consistently practiced a profitability-driven management policy. Today, one of the most financially stable banking institutions in the country, Dongbu is a fine example and an inspiration for Korea¡¯s savings bank sector.

With BIS ratio standing at 10% and substandard loan ratio, at 3%, Dongbu Savings Bank boasts industry¡¯s top asset quality. Our customers also appreciate the security of banking with a member of Dongbu Financial Group, one of Korea¡¯s most robust financial networks. As a community bank serving the local region, we take pride in providing our customers with the personalized services and attention they deserve. In 2003, we became the first Korean bank to join the World Savings Bank Institute and have been an active member of this global banking association ever since.

Our objective is becoming a specialized retail bank of an international standard, and for this goal, we are continuously seeking to enhance efficiency in our management and introducing advanced financial techniques.

Aiming at completing the transformation of Dongbu Savings Bank into a large-scale retail banking institution by 2013, we set our target to 3 trillion won in total assets and 250 billion won in capital.

In 2004, to beef up our competitiveness in E-Biz, we implemented a state-of-the-art bank-type information system covering our entire operation. Our partnership with Sparkassen, a leading German savings bank group, afforded the opportunity to benchmark advanced financial techniques practiced in Europe. In result, our operation has further gained in stability, and our asset management vehicles are now more strategically diversified than ever. Enabled to effectively assist our customers in meeting their financial goals, we have taken another major step toward becoming a community bank thriving in customer trust and affection.

 


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