Private company

Shinhan Financial Group

Logo: Hyumanist, CC BY-SA 3.0, via Wikimedia Commons3

Financial holding company in Seoul, South Korea

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. Its subsidiaries provide a full range of financial services, including banking, securities, life insurance, and investment banking. It was founded in 1982 and 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.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Sep 1, 2001Founded1
  • Industryfinancial sector, financial services1
  • HeadquartersSeoul1
  • Websitewww.shinhangroup.com
  • Legal formjoint-stock company1
  • Listed onKorea Exchange (Stock Market), New York Stock Exchange (SHG)1

See how the biggest companies compare on our leaderboards

Shinhan Bank 20190608 001
Photo: Mobius6, CC BY-SA 4.0, via Wikimedia Commons5

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. Its subsidiaries provide a full range of financial services, including banking, securities, life insurance, and investment banking. It was founded in 1982 and 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.2

Corporate structure

Shinhan Financial Group sits at the top of its group. 15 entities, 8 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Shinhan Financial Group Seoul
    • Shinhan Bank Subsidiary · Seoul, South Korea
      • Shinhan Bank Japan 東京都 港区, Japan
      • PT Bank Shinhan Indonesia Subsidiary · Jakarta, Indonesia
      • Shinhan Asia Limited Subsidiary · Seoul, South Korea
      • Shinhan Bank America Subsidiary · New York, New York, United States
      • Shinhan Bank Canada Subsidiary · Toronto, Ontario, Canada
      • SHINHAN BANK EUROPE GmbH Subsidiary · Frankfurt am Main, Germany
      • Shinhan Bank VietNam Limited (Ngân hàng TNHH Một Thành Viên Shinhan Việt Nam) Subsidiary · Ho Chi Minh, Vietnam
      • xin han yin hang zhong guo you xian gong si (新韩银行（中国）有限公司) Subsidiary · 北京市, China
      • SHINHAN BANK CO., LTD Branch · Seoul, South Korea
    • Shinhan Card Subsidiary · Seoul
    • Shinhan Securities Subsidiary · Seoul, South Korea
    • 신한라이프생명보험 Subsidiary · Seoul, South Korea
    • 신한벤처투자 Subsidiary

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Shinhan Financial Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

Products and brands

Subsidiaries

Shinhan Financial Group owns a total of 17 direct subsidiaries under Korean Law.

On May 5, 2026, Shinhan Financial Group held a Subsidiary CEO Candidate Recommendation Committee (Subsidiary Committee) meeting. It recommended Cheon Sang-young, Vice President of Shinhan, as the president candidate for Shinhan Life, and Lee Seok-won, former Head of the Strategy Division at the National Pension Service’s Fund Management Headquarters, as the president candidate for Shinhan Asset Management. This marked the replacement of two out of four subsidiary CEOs whose terms were expiring. The remaining two subsidiaries—Shinhan Asset Trust and Shinhan EZ General Insurance—received one-year extension recommendations for their current presidents, Lee Seung-soo and Kang Byung-kwan, respectively.

Operations

In August 2018, Shinhan Financial Group acquired ING Life, Korea's sixth-largest life insurer, for about 2.4 trillion won (US$2 billion).

In August 2024, Shinhan opened its new Vietnam headquarters in Ho Chi Minh City’s Thu Thiem financial district, bringing its subsidiaries together under one roof.

Read the full text

In May 2025, it was announced that Shinhan chairman Jin Ok-dong had met with senior executives of United States-based multinational investment bank Goldman Sachs to discuss strategic cooperation and growth initiatives.

In March 2026, Shinhan Investment Securities signed a memorandum of understanding (MOU) with Bridgecode to strengthen advisory services for succession-type mergers and acquisitions (M&A) of small and mid-sized companies. Later that month, it was announced that Jin Ok-dong, the current chairman, had been approved by shareholders to lead the banking group for another three years.

In April 2026, Shinhan and Visa Inc., held talks to discuss potential cooperation in global payments and technology-driven finance.

From Wikipedia’s article on Shinhan Financial Group, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Sep 1, 2001Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5