Shinhan Financial Group Co Ltd American Depositary Shares

(NYSE: SHG) Trade

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Shinhan Financial is Korea's largest banking group. Its 11.5% market share of loans trails KB's 13.3%, but Shinhan has more significant nonbank units than other banking groups. These include Shinhan Card, the country's largest credit card company, brokerage firm Shinhan Investment, and a top-five presence in life insurance now that Orange Life (formerly ING) has been added to Shinhan Life. It also owns leasing firm Shinhan Capital, asset-management firm Shinhan BNPP, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.

Contact Information

Main Phone: +82 263603000
Address: 20, Sejong-Daero 9-Gil
Address 2: Jung-Gu
City / Town: Seoul
Country: KR
Postal Code: 04513

Issuer Information

Exchange: NYE
CEO: Yong-byoung Cho
Employees: 22204
NAICS: Commercial Banking(522110)

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