NH Nonghyup Bank's GIB division held a global business strategy video conference on Feb. 11 with the heads of seven overseas corporate and investment banking offices, including in London, New York and Hanoi, it said on Feb. 12.
Kang Tae-young (강태영), the bank's president, shared three strategies at a video conference with overseas office heads in January. He said 2026 would be the first year of a profit-and-loss-focused global business, and set out stronger profitability, AX-based management control and conducting operations based on fundamentals and principles.
The meeting was held to review detailed execution strategies. Heads of IB and project finance departments also took part to strengthen cooperation between headquarters and overseas offices.
Nonghyup Bank is pursuing differentiated global strategies tailored to the characteristics of each region. Its CIB regions (New York, Hong Kong, London and Sydney) will pursue investment finance such as sourcing deals for high-quality IB credit and offshore finance in Asia. Its corporate finance regions (Hanoi, Beijing and Noida) will strengthen linked sales at home and abroad and seek infrastructure development opportunities. The bank also plans to strengthen the Hong Kong and London branches, located in international financial hubs, as hubs for the bank's foreign-currency funding intermediation.
Min Byung-do (민병도), executive vice president of the GIB division, said region-specific business models and practical profit-generation capabilities are important for the global business to become a key profit pillar for Nonghyup Bank. He said the bank will strengthen field-focused sales so it can prove results by making this year the first year of establishing profit-and-loss-focused global management.