Jeju Bank
Jeju Bank has emerged as a financial partner that fulfills its responsibilities for local communities by establishing a regional financial system. Through the management that is focused on the Jeju region, we led in creating customer values and providing financial supports based on in-depth understanding about regional characteristics. We have become a representative bank in local communities through genuine social contribution activities in a variety of fields.
Chang Ki Heo CEO of Jeju Bank
Company Introduction
In 1969, Jeju Bank was established with the passion of the Jeju residents to establish a regional bank solely on private capital. During the past 44 years, Jeju Bank has endured the joys and sorrow of Jeju residents to overcome difficulties and achieve growth. Based on the Jeju region’s largest sales network, we strengthened our position as the financial symbol of the Jeju region by integrating systematic and scientific management systems to achieve the goal as the ‘Local Top Bank’. Also, we did not forget that we are a regional bank deeply rooted in the region as the only listed company in the Jeju region, while making endless innovations to communicate with local residents and achieve a Win-Win management. Along with Jeju’s future, we will develop into a strong financial partner with the lives of local people.
Material Issue Map
Major Issues Reported in 2012
Jeju Bank evaluated material issues to produce reports on areas of interest for various internal and external stakeholders. The results of material issues selected 5 Core issues, including ‘efforts made to promote the awareness of shared development with partner companies’, and 5 other issues, including ‘developing products and services to increase social values’. In the 2012 CSR report, ‘efforts made to promote the awareness of shared development with partner companies’ was selected as Core issues, while ‘developing products and services to increase social values’ was selected as other issues.
Distribution of Economic Value
(Unit: KRW 1 billion)| Employees | Employee salaries/ welfare benefits | 29.9 |
|---|---|---|
| Shareholders, investors | Dividends | 1.1 |
| Local communities | Social contribution investments | 1.8 |
| Government | Corporate tax expenses | 8.9 |
| Partner companies | Purchase and services | 3.7 |
| Others | Other general administrative expenses | 17.8 |