Shinhan Bank
Shinhan Bank Headquarters, Seoul in 2019 | |
Native name | 주식회사 신한은행 |
|---|---|
| Company type | Subsidiary |
| Industry | Financial services |
| Predecessor | Chohung Bank |
| Founded | July 7, 1982 |
| Headquarters | , South Korea |
Area served | South Korean and worldwide |
| Products | |
| Parent | Shinhan Financial Group |
| Website | www |
| Korean name | |
| Hangul | 신한은행 |
|---|---|
| Hanja | 新韓銀行 |
| Lit. | "New Korea Bank" |
| RR | Sinhan eunhaeng |
| MR | Sinhan ŭnhaeng |
Shinhan Bank Co., Ltd. (Korean: 신한은행) is a South-Korean bank headquartered in Seoul. It was founded under this name in 1982, but through its merger with Chohung Bank in 2006, traces its origins to the Hanseong Bank (est. 1897), one of the first banks to be established in Korea. It is part of the Shinhan Financial Group, along with Jeju Bank.
As of 2016, Shinhan Bank had total assets of ₩298.945 trillion (equivalent to ₩304.658 trillion or US$269.507 billion in 2017), total deposits of ₩221.047 trillion (equivalent to ₩225.271 trillion or US$199.28 billion in 2017) and loans of ₩212.228 trillion (equivalent to ₩216.283 trillion or US$191.329 billion in 2017). Shinhan Bank is the main subsidiary of Shinhan Financial Group (SFG).