Shinhan Financial Group (NYSE:SHG) Co., Ltd. is a South Korean financial holding company that provides a broad range of financial services through its subsidiaries. Its businesses include commercial and retail banking, credit cards, securities and investment banking, insurance, asset management, consumer finance, and other related financial services.
The group’s principal banking subsidiary is Shinhan Bank, which serves individual, corporate, and institutional customers with deposit accounts, loans, payment services, foreign exchange, wealth management, and digital banking products. Other businesses provide credit card services, securities brokerage and investment products, life insurance, leasing and consumer finance, and asset management solutions.
Shinhan Financial Group traces its origins to Shinhan Bank, established in 1982, and was formed as a financial holding company in 2001. It is headquartered in Seoul and serves customers in South Korea as well as selected international markets across Asia, North America, and other regions through overseas branches, subsidiaries, and offices.