Shinhan Financial Group Co., Ltd. () is a financial
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
headquartered in
Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the Capital city, capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the North Korea, Democratic People's Republic of Korea (North Korea ...
,
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
.
Its subsidiaries provide a full range of financial services, including
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Becau ...
ing,
securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any fo ...
,
life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...
, and
investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...
. It is one of Korea's
Big Five financial groups, along with
KB Financial Group
KB Financial Group Inc. () is a financial holding company headquartered in Seoul, South Korea. The Group and its subsidiaries provide a broad range of banking and financial services. It is one of the domestic systemically important banks (D-SIBs) ...
, NH Financial Group,
Hana Financial Group
Hana Financial Group Inc. () is a financial holding company headquartered in Seoul, South Korea.
History
Hana Financial Group was established as Hana Bank's transition to a holding company. In 2005, Hana Bank was delisted and incorporated into ...
and
Woori Financial Group
Woori Financial Group is a Seoul-based banking and financial services holdings company and is the largest bank in South Korea.
Woori has had a short history as a financial institution. It was formed in 2001 from the forced merger of 4 predecess ...
.
Subsidiaries
Shinhan Financial Group owns a total of 17 direct subsidiaries under Korean Law.
See also
*
Shinhan Donghae Open
The Shinhan Donghae Open is a men's professional golf tournament that has been held annually in South Korea since 1981. It has been an Asian Tour event since 2016. And it became the first event to be tri-sanctioned by the Asian Tour, Korean PGA and ...
References
External links
*
{{KOSPI 200
Companies based in Seoul
South Korean brands
Companies listed on the Korea Exchange
Companies listed on the New York Stock Exchange
South Korean companies established in 2001