Nowadays, the whole society and enterprises pay more attention to the enterprise annuity system, private health insurance and optional enterprise welfare. By providing corporate welfare services, Samsung Life makes its own contribution to the development of corporate customers and exercises its duties as a guardian of employees and their families. Samsung Life is determined to provide the best expert consultation and become the driving force for the unlimited improvement of personal value and the development of the company. Samsung Life is committed to comprehensive financial business, in which, in the use of customer funds, in addition to direct investment in stocks, bonds and other assets, it also uses funds through a variety of loan products for enterprises and individual departments. There are also contributions to the national economy through the capital supply of various industrial sectors.
Especially in the residential secured loans of small financial departments, based on the review and efficient business process different from other enterprises, we implement safe medium and long-term secured loans, and provide perfect credit loan services through reasonable and accurate credit evaluation of credit loans. As a result, Samsung Life took the lead in issuing MBS based on residential secured loan assets overseas, and was selected as a cooperative institution for long-term residential financial sales in 2004, which strengthened the company's belief as a residential financial institution.
Considering this operational capability and market environment, the company has strengthened its belief in becoming a reliable financial institution. We will continue to work hard in the future, adopt a more positive attitude and provide more diversified financial services on the basis of meeting customers' needs. Samsung Life began to sell investment trust securities in 2004. Based on the spirit and trust of respecting customers accumulated during this period, Samsung Life also pursues formal operation in investing in trust securities.
Although it started late in selling investment trust securities, our professional human resources provide you with high-quality and distinctive services different from those of previous securities companies and banks. We will combine the advantages of insurance companies, the secrets of large-scale and long-term asset management with investment trust securities, and strive to help customers achieve essentially efficient property management.
Select products with excellent long-term effects for recommendation, manage assets for customers completely, provide customers with more useful information, and strive to make customers achieve the highest satisfaction. South Korea has entered an aging society with a low birth rate at a speed rare in the world. In this case, the retirement pension system has been introduced, and it is a blessing for the employed to prepare for the old-age pension as soon as possible.
As a leader in pension business, Samsung Life has more than 30 years of rich experience in pension-related business. Since the introduction of the system three years ago, it has made detailed and thorough preparations for the development of goods, systems and consulting services.
From the retired pension experts of global financial institutions to the valuation (pension acceptance group), the business support group responsible for record management services and user education, and the customer service call center, Samsung Life's team is the highest level in Korea in terms of quantity and strength. Therefore, our company has always maintained a good leading position in the retirement pension market, and even ranked first among 47 units providing retirement pensions in the entire financial system of South Korea. (Based on May 2007)
In the future, based on past achievements and self-confidence, Samsung Life will actively publicize the importance of pension assets and do its bit to strengthen the three-tier social security function for the elderly society.