Shinhan Bank

Shinhan Bank (신한은행 in Korean, 新韓銀行 in Chinese, シナンぎんこう in Japanese), is a bank, headquartered in Seoul, Korea. The bank was established in 1982. It is part of the Shinhan Financial Group, along with Jeju Bank. Shinhan Bank merged Chohung Bank on April 1, 2006. Shinhan Bank started as a small enterprise with a capital stock of KRW 25.0 billion, 279 employees, and three branches on July 7, 1982. Today, it has transformed itself into a large, super-quality bank, boasting total assets of KRW 176.9 trillion, equity capital of KRW 9.7 trillion, 10,741 employees, and 1,026 branches as of 2006. Total deposits and net income amounted to KRW 105.3 trillion and KRW 1.4 trillion, respectively. To add, the bank has been consistently recognized as “the most convenient bank,” “a one-step ahead bank” and “a reliable bank” by a myriad of sources. Our laurels include winning grand prize at the 2006 Great Workplace Awards Korea, Korea Service Grand Prix, Reliable Company Awards, Global Standard Management System Awards in the social responsibility management category, and the First Brand Awards. We have also been praised as the best bank for reliability in “Korea’s Most Respected Companies”; per-capita productivity; excellent talent management; least customer grievances by the Financial Supervisory Service for four consecutive years; and Internet banking for four quarters in a row. A pioneer in the Korean financial industry, Shinhan Bank is poised to roll out “a wider and more solid financial network” with a view to providing new-dimensional customer satisfaction, following its integration in April 2006.
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