Shinhan Bank 

Headquartered of its big city Seoul of Korea the present day Shinhan Bank is a first Korean banking entity of the country. It was during the period of 1897 that this bank had been established of the country as Hanseong Bank by late Kim Jong-Han.

The reestablishment process of this bank of the year 1982 was completed with its new and present name Shinhan Bank which also marked a new revolution for this bank to operate of the country. At present its operation is on the large scale of Korea.  

Korea’s Shinhan Financial Group and the Jeju Bank are the backbones and key supporters of Shinhan Bank. The bank is an integral part of its parent groups and keeps flourishing each day. It was on April 01, 2006 that Shinhan Bank completed the merging process with the Chohung Bank of Korea to enhance its banking operations further.

While being reestablished of the year 1982, Shinhan Bank had the little capital of KRW 25.0 billion only. Its journey had begun with the three branches being served by 279 employees only at that time.

The bank has grown faster over the decades and its present assets are KRW 176.9 trillion, with equity capital KRW 9.7 trillion and 10,741 employees serving its 1,026 branches spread of Korea to turn its banking group of the country.

Shinhan Bank Details:

IFSC Code of Banks of India