
Shinhan Bank is the second largest commercial bank in South Korea when measured by assets and net income. With approximately 13,400 employees and 900 branches nationwide, Shinhan provides retail, corporate and investment banking services to over 18 million customers. The bank also operates across twenty countries including Canada, Germany, Mexico, China, Japan, the United Kingdom, Cambodia, Hong Kong, the United Arab Emirates, India, Kazakhstan, Vietnam, Singapore, and the United States. Shinhan Bank is the main operating subsidiary of Shinhan Financial Group (SFG) and has total assets of KRW 346 trillion (USD 306 billion).
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
Shinhan BankYou | 7 | 0 | +20% | 11 | 44 |
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South Korea's KOSPI index surged 1.58% to close at 8864, hitting a record high despite foreign selling of 1 trillion won, driven by institutional and retail buying in semiconductor stocks.
Shinhan Bank's Nara Sarang Card surpassed 300,000 accounts and achieved 100 billion won in cumulative usage, celebrating with a short-form video contest award ceremony for military personnel and students.
Hyundai Rotem launched partnership programs with suppliers, expanding financial support from 70 billion to 150 billion won and increasing R&D investment to 86 billion won annually.
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