Shinhan BNP Paribas Asset
Management
Shinhan BNP Paribas Asset Management attempted to make endless challenges and changes by thinking of developing our customer’s asset values as the top priority. In order to take a step forward in developing the domestic investment market to become Korea’s representative asset management company, we will work towards becoming the best asset management company that fulfills its social responsibilities that can be trusted by customers. Based on the people’s love, we will strive to fulfill our role as a partner in the future dream that brings hope to all stakeholders, including customers..
Yong Byeong Cho CEO of Shinhan BNP Paribas Asset Management
Company Introduction
Shinhan BNP Paribas Asset Management is meeting customer’s expectations based on its safe operations, strict risk management and diverse products and services. We focus on Shinhan Financial Group’s customer-oriented culture and BNP Paribas Group’s global perspectives to provide customer-oriented services of investment training and customized information. Under the promise of becoming Korea’s top asset management company, Shinhan BNP Paribas Asset Management established the vision of the ‘Asset Management Company in Korea’. All employees are doing their best to become a long-term investment partner that provides diverse investment solutions based on the professionalism for customers.
Material Issue Map
Major Issues Reported in 2012
Shinhan BNP Paribas Asset Management evaluated material issues to produce reports on areas of interest for various internal and external stakeholders. As material issue evaluation results, we selected 5 Core issues, including ‘efforts made to secure competitiveness in the financial industry’, and 5 other issues, including ‘evaluating the performance of boards of directors fairly’. The 2012 CSR Report covered various issues, including ‘efforts made to secure competitiveness in the financial industry’ and ‘efforts made to improve customer satisfaction’ being selected as Core issues.
Distribution of Economic Value
(Unit: KRW 1 billion)| Employees | Employee salaries/ welfare benefits | 24.8 |
|---|---|---|
| Shareholders, investors | Dividends | 31.1 |
| Local communities | Social contribution investments | 2 |
| Government | Corporate tax expenses | 10.1 |
| Partner companies | Purchase and services | 22.6 |
| Others | Other general administrative expenses | 38.6 |