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Shinhan Bank headquarters in Seoul |
Shinhan Bank (SHB) is the second largest commercial bank in South Korea in terms of total assets and market capitalization. With approximately 13,400 employees, it provides retail, corporate and investment banking services to over 18 million customers. Shinhan Bank has one of the largest branch networks in South Korea with approximately 900 branches. The Bank also has operations in Canada, Germany, Mexico, China, Japan, UK, Cambodia, Hong Kong, the UAE, India, Kazakhstan, Vietnam, Singapore, the United States and other countries. In 2006, Shinhan acquired Chohung Bank (formerly Hanseong Bank), the oldest bank in Korea founded in 1897. Shinhan Bank is the main operating subsidiary of Shinhan Financial Group (SFG).
As of September 30, 2017, the company had total assets of KRW 429.793 trillion won (US$375 billion), deposits of 248.443 trillion won and loans of KRW 274.769 trillion won. In November 2017, Shinhan started the testing of its bitcoin vault and wallet services. The Bank plans to launch its bitcoin vault and wallet platform in 2018.
Credit Ratings:
Moody's | S&P | Fitch | |
Long Term | Aa3 | A+ | A |
Short Term | P-1 | A-1 | F1 |
Outlook | Negative | Stable | Stable |
Head office address:
20, Sejong-daero 9-gil
Jung-gu, Seoul
South Korea
Phone: 82-2-6360-3000
Website: www.shinhan.com