Shinhan Bank

Shinhan Bank Co., Ltd.
Native name
주식회사 신한은행
Company typeSubsidiary
IndustryFinancial services
PredecessorChohung Bank
FoundedFebruary 1897; 127 years ago (1897-02)
Headquarters20, Sejong-daero 9-gil, Jung-gu, ,
Area served
Worldwide
Products
ParentShinhan Financial Group
WebsiteShinhan Bank
Korean name
Hangul
신한은행
Hanja
新韓銀行
Revised RomanizationSinhan Eunhaeng
McCune–ReischauerSinhan Ŭnhaeng

Shinhan Bank Co., Ltd. (Korean주식회사 신한은행; RRJusikhoesa Sinhan Eunhaeng) is a bank headquartered in Seoul, South Korea. It was founded under that 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 June 30, 2016, Shinhan Bank had total assets of 298.945 trillion (equivalent to ₩304.658 trillion or US$269.507 billion in 2017)[1] , total deposits of 221.047 trillion (equivalent to ₩225.271 trillion or US$199.28 billion in 2017)[1] and loans of 212.228 trillion (equivalent to ₩216.283 trillion or US$191.329 billion in 2017)[1]. Shinhan Bank is the main subsidiary of Shinhan Financial Group (SFG).[2]

  1. ^ a b c 1906 to 1911: Williamson J. (1999), Nominal Wage, Cost of Living, Real Wage and Land Rent Data for Korea 1906-1939 1912 to 1939: Mizoguchi, T. (1972). Consumer Prices and Real Wages in Taiwan and Korea Under Japanese Rule. Hitotsubashi Journal of Economics, 13(1), 40-56. Retrieved May 21, 2021. Afterwards, consumer price index from Statistics Korea. Consumer Price Index by year. Retrieved 3 April 2018
  2. ^ "Shinhan Bank". www.relbanks.com.