Shinhan Bank - Company Profile
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Shinhan Bank (SHB), a subsidiary of Shinhan Financial Group Co Ltd, is a provider of retail and commercial banking and related financial solutions. The bank offers a range of deposit accounts, including savings, time deposits, certificate of deposits, and installment accounts; debit and credit cards; e-banking; domestic and international remittance; and lending solutions. SHB provides loans for personal needs, mortgage, business administration, and other financing requirements. Its commercial solutions include cash management, letter of credit, mergers and acquisitions, foreign currency services, initial public offering related services, and transaction banking. The bank also provides investment banking and wealth management solutions. SHB has operations in various countries spanning Asia, Europe, Canada, and the Americas. SHB is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
20 Sejong-daero 9-gil, Jung-gu, Seoul, 04513
Website
www.shinhan.com
Telephone
82 263 603000
Industry
Financial Services
Revenue (2025)
$16.6B
Shinhan Bank premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Savings Accounts | ATM Services |
| Time Deposits | Online Banking |
| Certificate of Deposits | Mobile Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the bank and Hyundai Engineering & Construction signed an MoU to expand productive finance by jointly funding strategic infrastructure, energy, and environmental projects. |
| 2025 | Contracts/Agreements | In September, the company entered into an agreement with SK Securities to acquire a 100% stake in Trinity Asset Management, a registered investment advisor. |
| 2024 | Regulatory Approval | In May, the bank received an approval to acquire a 11% stake in HDFC Credila Financial Services. |
Competitor Comparison
| Key Parameters | Shinhan Bank | Hana Bank Co Ltd | Industrial Bank of Korea | Woori Bank | Busan Bank Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Busan |
| State/Province | Seoul | Seoul | - | Seoul | - |
| No. of Employees | - | - | 13,569 | - | 2,787 |
| Entity Type | Private | Private | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeong Sang-Hyeok | Chief Executive Officer; Director | Executive Board | - | 65 |
| Yoo Chan-woo | Director | Executive Board | - | 62 |
| Jeon Pil-hwan | President | Senior Management | - | 61 |
| Kim Yun-hong | Vice President | Senior Management | - | 60 |
| Hwang In-ha | Vice President | Senior Management | - | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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