Shinhan Bank Co., Ltd. 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, total deposits of and loans of. Shinhan Bank is the main subsidiary of Shinhan Financial Group (SFG).[1]
History
With capital provided by Korean businessmen residing in Japan, Lee Hee-gun founded Shinhan Bank on 1982/07/07 as a small venture with a capital stock of KRW 25.0 billion, 279 employees, and three branches; Kim Se-chang became its first president.[2][3]
In August 2003, Shinhan Financial Group acquired more than 80 percent of shares in