Unknown Analyst's questions to Shinhan Financial Group Co Ltd (SHG) leadership • Q3 2024
Question
An analyst from Hanwha Investment & Securities asked about the future drivers of asset growth, particularly if the rapid household mortgage growth seen in Q3 is constrained, and how growth would be allocated across different affiliates.
Answer
A bank executive explained that while H2 was meant for qualitative growth, strong demand drove household loan growth, which will be managed within targets. For next year, household loan growth is expected to be similar or moderate. Another executive added that resource allocation for next year is being planned based on Return on Capital (ROC) for each business, with potential for corporate lending growth guided by RWA-based profitability within the overall 5% RWA growth target.