 |
|
| Shinhan Bank headquarters in Seoul |
Shinhan Bank (SHB) is one of the largest banks in South Korea with over 18 million customers and 13,400 employees. It provides retail, corporate and investment banking services as well as insurance, securities brokerage and other services. In 2014, the total value of retirement pension assets under management (AUM) was KRW 10.9 trillion, making SHB the industry leader in South Korea for the fifth consecutive year. Shinhan Bank has one of the largest branch networks in South Korea with approximately 900 offices. Its overseas network consists of over 140 branches in 19 countries. The Bank has operations in Canada, Germany, Mexico, China, Japan, UK, Cambodia, Hong Kong, India, Kazakhstan, Vietnam, Singapore, the United States and other countries. The company was established in 1982. In 2006, Shinhan acquired Chohung Bank (formerly Hanseong Bank), the oldest bank in Korea founded in 1897. As of June 30, 2016, Shinhan Bank had total assets of KRW 298.945 trillion (US$260 billion), total deposits of KRW 221.047 trillion (US$192 billion) and loans of KRW 212.228 trillion (US$184 billion). Shinhan Bank is the main subsidiary of Shinhan Financial Group (SFG).
Credit Ratings (September 2016)
| Moody's | S&P; | Fitch | |
| Long Term | Aa3 | A | A |
| Short Term | P-1 | A-1 | F1 |
| Outlook | Negative | Stable | Stable |
Shinhan Financial Group structure:
• Shinhan Bank
• Shinhan Card
• Shinhan Investment Corp
• Shinhan Life Insurance
• Shinhan BNP Paribas Asset Management
• Shinhan Capital
• Jeju Bank
• Shinhan Savings Bank
• Shinhan Data System
• Shinhan AITAS
• Shinhan Credit Information
• Shinhan Private Equity
• SHC Management
Head office address:
20, Sejong-daero 9-gil
Jung-gu, Seoul, Korea
Phone number: 82-2-6360-3000
Website: www.shinhan.com
Shinhan Bank Overseas Branches
Shinhan Bank America
Shinhan Bank America (SHBA) has had a presence in the US since 1990. With assets of over $1 billion, it has 7 branches in the New York / New Jersey region, 5 branches in California, 2 branches in Georgia and 1 branch in Texas..
New York Head Office:
3330 Fifth Ave. 4th FL New York, NY 10001, USA
Website: www.shbamerica.com
Shinhan Bank Canada
Shinhan Bank Canada, established in 2009, has over $500 million in assets with branches in North York, Mississauga and Thornhill.
Website: www.shinhan.ca