| 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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