Monday, March 13, 2017

Hyundai Capital, limit jump over global growth



[Korea financial newspaper reporter before lower cervical Hyundai Capital plans to further enhance the sales starting in earnest earlier this year kkoehaneun settlement of Hyundai Capital Europe "On the other hand, growing at a faster rate Hyundai Capital in China.

Hyundai Capital Europe has conducted a final test after receiving the final approval from the establishment last September, the European Central Bank earlier this year embarked on a full-fledged business. Localization by more than 16 million are sold annually in the European Bar has brought a recruit about 100 local employees ball.

HCS China has exceeded the pre-tax profit 100 billion won (in 2016 third quarter) in just four years since its establishment in September 2012. Product assets also grew to 1.92 trillion won from 3.8 trillion won in 2014 (by the third quarter of 2016). HCS China has recently completed a move to a new office in Beijing to meet this growth, and is considering to expand into retail banking as well as future automotive leasing, wholesale, commercial and new business areas

While the domestic market is already saturated spiral in global targeting to generate new revenue. Hyundai Capital Auto Finance is the core is paying a high income country, as well as in Europe and China. Jeongtaeyoung vice is not only unconditional global shout for a successful global markets, he stressed the "globalization internally (internal Globalization) 'that correctly.

For example, Hyundai Capital has operated that the 'Global Risk Band'. The index, which can be seen in a unified portfolio of overseas subsidiaries perspective. Monitoring changes in the portfolio of each overseas subsidiary and it is possible to predict delinquency and loss rates. The index has reflected all the elements of each region, such as the financial and environmental policies, and culture. The index has also organized all of the country's credit rating score that corresponds to its own internal ratings.

In addition, Hyundai Capital has made even rank system to cover all employees at home and abroad. If you do not have a unified rank remind idea that work is of course difficult to even basic communication. Hyundai Capital has also worked to help create an environment to work in an environment similar to all employees worldwide. Cooperation with global business partners is also a Policy to act as a key element of this year, Hyundai Capital's expansion overseas markets.





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