Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through five segments: Banking, Credit Card, Securities, Life Insurance, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. As of December 31, 2020, it operated a network of 859 service centers; 5,472 ATMs; 12 cash dispensers; and 37 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
IPO Year:
Exchange: NYSE
Website: shinhangroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/16/2024 | Neutral → Buy | BofA Securities | |
| 5/16/2023 | Overweight → Equal-Weight | Morgan Stanley | |
| 3/2/2023 | $38.46 → $32.31 | Buy → Neutral | BofA Securities |
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K/A - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
6-K - SHINHAN FINANCIAL GROUP CO LTD (0001263043) (Filer)
BofA Securities upgraded Shinhan Financial from Neutral to Buy
Morgan Stanley downgraded Shinhan Financial from Overweight to Equal-Weight
BofA Securities downgraded Shinhan Financial from Buy to Neutral and set a new price target of $32.31 from $38.46 previously
SEOUL, South Korea, April 18, 2024 /PRNewswire/ -- Shinhan Financial Group (NYSE:SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission (SEC) on April 18, 2024. The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp, as well as the U.S. Securities and Exchange Commission website, www.sec.gov. A hard copy of the annual report will be provided to shareholders upon request, free of charge, via "[email protected]". Contact: Duckki Lee, +82-2-6360-3077, [email protected] View original content:https://www.prnewswire.com/news-relea
SEOUL, South Korea, July 18, 2023 /PRNewswire/ -- Shinhan Bank (the first modern bank in Korea), SCB TechX (Siam Commercial Bank's technology innovation business unit), and the largest financial institution in Taiwan today announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot. The PoC was built on the highly-efficient and eco-friendly Hedera open-source public network. The pilot achieved real-time settlement and real-time foreign exchange (FX) rate integration across the Thai Baht (THB), New Taiwan dollar (NTD), and South Korean won (KRW)
SEOUL, South Korea, April 20, 2023 /PRNewswire/ -- Shinhan Financial Group (NYSE:SHG) (KRX:055550) filed its Annual Report on Form 20-F for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission (SEC) on April 20, 2023. The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp, as well as the U.S. Securities and Exchange Commission website, www.sec.gov. A hard copy of the annual report will be provided to shareholders upon request, free of charge, via "[email protected]". Contact: Sooeok Kim, +82-2-6360-3128, [email protected] View original content:https://www.prnewswire.com/news-releases/s
SEOUL, South Korea, April 21, 2022 /PRNewswire/ -- Shinhan Financial Group (NYSE:SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission (SEC) on April 20, 2022. The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp, as well as the U.S. Securities and Exchange Commission website, www.sec.gov. A hard copy of the annual report will be provided to shareholders upon request, free of charge, via "[email protected]". Contact: Sooeok Kim, +82-2-6360-3128, [email protected] View original content:https://www.prnewswire.com/news-releases/s
SEOUL, South Korea, April 30, 2021 /PRNewswire/ -- Shinhan Financial Group (NYSE:SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission (SEC) on April 28, 2021. The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp, as well as the U.S. Securities and Exchange Commission website, www.sec.gov. A hard copy of the annual report will be provided to shareholders upon request, free of charge, via [email protected]. View original content:http://www.prnewswire.com/news-releases/shinhan-financial-group-files-its-fy2020-form-20-f-to-the-sec-
- SEC Filing
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