JB Financial Group (175330) Investor Day 2025 summary

Strategic direction and growth initiatives

• Focus on responsible growth through risk-adjusted, profitability-driven qualitative expansion.

• Asset portfolio rebalancing prioritizes core businesses and high-margin, high-growth niche markets.

• Innovative partnerships with fintechs and digital platforms to expand customer reach and develop new products.

• Emphasis on serving foreign residents, leveraging demographic trends and tailored financial services.

• Targeting a 40% share of core businesses by 2025, up from 36.7% in 2024.

Risk management and asset quality

• Maintains industry-leading risk-adjusted profitability (NIM-CCR, RORWA) and a unique medium-risk, high-return market position.

• Conservative approach to real estate PF, with the lowest cumulative credit costs among peers despite high exposure.

• Asset quality metrics remain stable, with delinquency and NPL ratios managed within expected risk-return profiles.

• High collateral coverage for corporate loans, especially in key sectors.

• Asset quality deterioration in used car and auto-title loans is within anticipated risk parameters and offset by higher returns.

Niche market expansion and innovation

• Dominant market share in unsecured and used car loans to foreigners, with 72% and 41% respectively.

• Launch of Korea’s first jointly developed bank loan product and expansion of auto-title loans.

• Bravo Korea app and specialized service centers provide multilingual, lifestyle-oriented financial services for foreigners.

• Partnerships with fintechs like Toss, Hanpass, Finda, and Webcash drive product innovation and digital transformation.

• Data-driven customer targeting and credit assessment models tailored for foreign residents.