Shinhan Bank
Shinhan Bank is the second largest bank in South Korea by assets. Its predecessor Hanseong Bank was the oldest bank in the country, established in 1897; its current iteration was re-established in 1982. It's parent company, the Shinhan Financial Group, is the 29th biggest bank or financial institution in the Asia Pacific, with over US$544.14m in assets as of end-2021.
South Korea names 10 domestic systemically important banks for 2025
South Korea names 10 domestic systemically important banks for 2025
They are required to log a 1% additional capital surcharge in 2025.
South Korea’s major banks saw average lending rate fall in January
This is the second consecutive month of decline.
Mizuho, Shinhan ink cooperation agreement to service start-ups
They will provide financial services to start-ups in accordance with start ups’ growth stage.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
South Korea’s new capital buffers to strengthen banking system’s resilience
No capital raising or sheet adjustment is expected from the country’s biggest banks.
Shinhan Bank and E9Pay team up for overseas payment platform
The payment system will cater toward foreigners residing in South Korea.
Korean banks' plan to boost shareholder returns won't affect profits
The regulator is expected to stop any excessive payments.
South Korean banks’ NIMs to support stable profitability in H2
The four biggest banks’ NIMs climbed to levels higher than pre-COVID.
Asset quality of South Korea’s big banks to remain supported as interest rate rise
But bad loans are expected to rise moderately.
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