Shinhan Financial Group
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Native name | 주식회사 신한금융지주회사 |
|---|---|
| Company type | Public |
| KRX: 055550 NYSE: SHG | |
| Industry | Financial services |
| Founded | September 2001 |
| Headquarters | 20, Sejong-daero 9-gil, Jung-gu, , South Korea |
Area served | Worldwide |
Key people | Jin Ok-Dong (chairman & CEO) |
Number of employees |  167 (2020) |
| Subsidiaries | Shinhan Bank Shinhan Card Shinhan Asset Management |
| Website | www.shinhangroup.com |
| Footnotes / references [1][2] | |
Shinhan Financial Group Co., Ltd. (Korean: 주식회사 신한금융지주회사; RR: Jusik Hoesa Sinhan Geumyung Jiju Hoesa) is a financial holding company headquartered in Seoul, South Korea.[1] Its subsidiaries provide a full range of financial services, including banking, securities, life insurance, and investment banking. It was founded in 1982[3] an is now one of Korea's so-called Big Five financial groups, along with KB Financial Group, NH Financial Group, Hana Financial Group, and Woori Financial Group.[4]
In 2025, the company generated more than 1 trillion won ($695 million) in overseas pre-tax profit, becoming the first Korean financial group to cross this monetary threshold.[5]
Subsidiaries
[edit]Shinhan Financial Group owns a total of 17 direct subsidiaries under Korean Law.[1]
| Subsidiaries | Ownership by SFG | Notes |
|---|---|---|
| Shinhan Bank | 100.0% | |
| Shinhan Card | 100.0% | |
| Shinhan Investment Corp. | 100.0% | |
| Shinhan Life Insurance | 100.0% | Merged Orange Life in July 2021[6] |
| Shinhan Capital | 100.0% | |
| Shinhan Asset Management | 100.0% | Formerly Shinhan BNP Paribas Asset Management |
| Jeju Bank | 75.3% | Currently listed on the Korea Exchange (KRX: 006220) |
| Shinhan Savings Bank | 100.0% | |
| Asia Trust. Co., Ltd. | 60.0% | |
| Shinhan DS | 100.0% | |
| Shinhan AITAS | 99.8% | |
| Shinhan Credit Information | 100.0% | |
| Shinhan Alternative Investment Management | 100.0% | |
| Shinhan REITs Management | 100.0% | |
| Shinhan AI | 100.0% | |
| Shinhan Venture Investment | 100.0% | Formerly Neoplux Co., Ltd. |
| SHC Management | 100.0% | Currently in liquidation proceedings |
Executives (past and present)
[edit]Honorary Chairman
[edit]- Lee Hee-gun (2001–2011)
Chairman of the Board
[edit]- Namgoong Hoon (2012–2016)
- Park Cheol (2016–Present)[7]
Chairman & CEO
[edit]- Ra Eung-chan (2001–2010)
- Han Dong-woo (2011–2017)
- Cho Yong-byeong (2017–2022)
- Jin Ok-dong (2023–Present)[8][3]
President & CEO
[edit]- Ra Eung-chan (2001–2003)
- Choi Young-hwi (2003–2005)
- Lee In-ho (2005–2009)
- Shin Sang-hoon (2009–2010)
See also
[edit]References
[edit]- ^ a b c "Summary of FY2020 Business Report". U.S. Securities and Exchange Commission. March 17, 2021. Retrieved June 20, 2021.
- ^ "Shinhan Financial Group 2020 Annual Report" (PDF). Shinhan Financial Group. Retrieved June 20, 2021.
- ^ a b "Shinhan Financial Group Co., Ltd. (055550.KS)". Yahoo! Finance. Retrieved 2026-04-12.
- ^ "South Korean Big 5 banks' corporate loan growth rate halves in 2025 - UPI.com". UPI. Retrieved 2026-04-12.
- ^ Jin-Seong, Kim (2026-02-12). "Shinhan Financial posts record $695 mn in overseas profit, tops domestic peers". The Korea Economic Daily. Retrieved 2026-04-12.
- ^ "Dissolution of a Subsidiary". U.S. Securities and Exchange Commission. July 1, 2021. Retrieved July 12, 2021.
- ^ "Park Cheol-Woo". Bloomberg. Retrieved 2026-04-12.
- ^ "Shinhan Financial Group Chairman Jin Ok-dong said in a shareholder letter, "We will convert Shinhan .. - MK". 매일경제. 2026-04-09. Retrieved 2026-04-12.
External links
[edit]- Official website
- Business data for Shinhan Financial Group (KRX: 055550):
- Business data for Shinhan Financial Group (NYSE: SHG):
