Shinhan Financial Group Co., Ltd. (SHG) Q2 2023 Earnings Call Transcript

Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q2 2023 Earnings Conference Call July 27, 2023 1:00 AM ET

Company Participants

Park Cheol Woo – Head, Investor Relations

Lee Taekyung – Chief Financial Officer

Kim Myoung Hee – Chief Development Officer

Bang Dong Kwon – Chief Risk Officer

Ko Seok-Hon – CSSO

Kim Kihoon – Shinhan Bank, CFO

Kim Nam-Jun – Shinhan Card, CFO

Park Kyoung Won – Shinhan Life, CFO

Conference Call Participants

Shane Mathews – WhiteOak Capital

Won Jae-woong – HSBC

Park Cheol Woo

Good afternoon. I am Park Cheol Woo, Head of IR. Thank you or participating to the Shinhan Financial Group’s Earnings Presentation for Q2, 2023. Before moving on to their earnings presentation, allow me to make some housekeeping announcements. The earnings presentation of Shinhan Financial Group is taking place through the Group’s digital platform namely the Shinhan Financial Group IR YouTube channel and Zoom App. The YouTube live channel is only available in Korean and Q&A is not available. Therefore, if you wish to have an English view or participate in the Q&A, please join via Zoom. Please refer to our website, for detailed information on access.

From now on we will start the earnings presentation of Shinhan Financial Group for Q2 2023. For today’s earnings release, the Group’s CFO, Taekyung Lee; CRO, Bang Dong-Kwon; Group CDO, Myoung Hee Kim will be the main presenters. In addition, we are also joined by Shinhan Bank’s CFO, Kihoon Kim; Shinhan Card CFO, Nam-Jun Kim; Shinhan Investment and Securities CFO, Hee-Dong Lee; and Shinhan Life CFO, Kyoung Won Park.

In today’s earnings release there will first be a presentation on the overall business results for Q2 2023, followed by a Q&A session.

Now I will hand it over to the Group CFO Taekyung Lee for the presentation on business

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