Shinhan Bank Vice President IT Interview Questions and Answers

Our approval rate is 85% and delinquency rate is 5% for the current product.

• Our approval rate is higher than industry average.

• We have strict credit checks in place to maintain low delinquency rate.

• We continuously monitor and analyze our approval and delinquency rates to make necessary adjustments.

• For example, we recently increased our credit score requirement to reduce delinquency rate.

I seek new challenges and opportunities for growth that align with my career goals and aspirations in credit management.

• Desire for professional growth: I want to take on more responsibilities and lead projects that can enhance my skills.

• Seeking a dynamic environment: My current organization has become stagnant, and I thrive in fast-paced settings.

• Alignment with career goals: I am looking for a role that better fits my ...read more

DSCR stands for Debt Service Coverage Ratio. It is a financial ratio used to measure a company's ability to pay its debts.

• DSCR is calculated by dividing a company's net operating income by its total debt service.

• A DSCR of 1 or higher indicates that a company is generating enough income to cover its debt obligations.

• Lenders often use DSCR to assess the creditworthiness of a borrower before approving a loan.

• For example, ...read more

Current Ratio is a financial ratio that measures a company's ability to pay its short-term liabilities with its current assets.

• Current Ratio = Current Assets / Current Liabilities

• A higher current ratio indicates a better ability to pay off short-term debts

• A lower current ratio may indicate liquidity issues

• Example: If a company has $100,000 in current assets and $50,000 in current liabilities, its current ratio would be...read more