Shinhan Financial Group Co Ltd (SHG) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, I'm Park Cheol-ho, the head of IRPART. Thank you for attending the 3rd quarter financial performance announcement in 2025. Today's performance announcement includes Group CFO Cheon Sang-hyun, Group CFO Go Seok-heon, Group CRO Bang Dong-hoon, Shinhan Bank CFO Lee Jung-bin, Shinhan Card CFO Park Hae-chang, Hello everyone. I would like to thank everyone who participated in the 3rd quarter of 2025. I will start with the highlights of the 2nd page of the data. As of the end of September of 2025, the proportion of group CTOs has been reduced to 13.56% and is managed at a stable level. Despite the increase in exchange rates and the growth of loan assets for future preparation, The total amount of 1.1 trillion won and 1.25 trillion won, which is the total amount of 1.2 trillion won per self-employed person, will be estimated at 2.35 trillion won, and if we consider the current stable CETON ratio and solid financial fundamentals, we will be able to continue to carry out unwavering and progressive policies in the future. In the third quarter of 2025, the short-term net profit of the group was 1.4235 trillion won, with a good management of the cash flow for the reduction of interest-related interests. The business interest rate also maintains a stable level, and the loss cost is 46BP, which is an increase of 2BP compared to the previous quarter. However, compared to the previous quarter, it seems to have improved a little. However, it is decided that we need to wait a little longer when considering the current conditions, such as the uncertainty of the macro environment and the domestic market situation. The next page is the capital. As I mentioned earlier, the group CET1 ratio was managed at the level of falling 6BP compared to the previous quarter based on stable short...