Process of the Group’s Growth
SFG has been driving with 5 strategic decisions it had made since its start as Shinhan Bank in 1982.
Differential growth through F.R.E.S.H 2020s
*Fundamental, Resilience, Eco-system, Sustainability, Human-talent
2022
- 06.
- Shinhan EZ General Insurance becomes a wholly owned subsidiary
- 05.
- Asia Trust becomes a wholly owned subsidiary
- 01.
- Integrated Shinhan Asset Management was launched
- (Shinhan Asset Management, Shinhan Alternative Investment Management merge)
2021
- 07.
- Integrated Shinhan Life was launched(Shinhan Life, Orange Life merge)
- 01.
- Shinhan Asset Management becomes a wholly owned subsidiary
2020
- 12.
- Share exchange with Neoplux
- 09.
- Neoplux becomes a wholly owned subsidiary
- 01.
- Share exchange with Orange Life Insurance to make it a wholly owned subsidiary
Ascent to become Asia’s leading financial group
2019
- 08.
- Shinhan AI becomes a wholly owned subsidiary
- 05.
- Asia Trust joined SFG as subsidiary
- 02.
- Orange Life Insurance (OrangeLife) joined SFG as subsidiary
2018
- 10.
- SFG signed agreement to acquire stake in Asia Trust
- 09.
- Launch of PT Shinhan Asset Management Indonesia (Joined SFG as sub-subsidiary)
- 08.
- Shinhan Alpha REIT listed on the Korea Stock Exchange
- 05.
- Launch of Shihan DS Vietnam (Joined SFG as sub-subsidiary)
- 01.
- Launch of global markets and securities (GMS) unit
- Shinhan Card obtained 100% stake in Prudential Vietnam Finance Company (PVFC)
- Launch of Shinhan Bank Mexico (Joined SFG as sub-subsidiary)
2017
- 12.
- Sub-subsidiary Shinhan Bank Vietnam and ANZ Bank completed merger
- 10.
- Launch of Shinhan REITs Management (Joined SFG as subsidiary)
- 07.
- Launch of global investment banking (GIB) and global brokerage (GBK) units
- 04.
- Inauguration of 2020 SMART Project
Solidify the position of the ‘local best’ in the era of ‘New Normal’
2016
- 07.
- PT Shinhan Sekuritas Indonesia joined SFG as sub-subsidiary
- 03.
- Shinhan Card Myanmar joined SFG as sub-subsidiary
2015
- 07.
- Nam An Securities Co. Ltd. (Vietnam) became an indirect subsidiary of SFG
2014
- 11.
- LLP MFO Shinhan Card became an indirect subsidiary of SFG
2013
- 04.
- Shinhan Savings Bank merged with Yehanbyoul Savings Bank. As a result of the integration, Shinhan Savings Bank has been liquidated and Yehanbyoul Savings Bank now exists under the name of “Shinhan Savings Bank” as an existing legal entity
- 01.
- Yehanbyoul Savings Bank joined SFG as a direct subsidiary
2012
- 11.
- Shinhan Aitas joined SFG as subsidiary
2011
- 12.
- Shinhan Savings Bank joined SFG as subsidiary
- 02.
- Shinhan BNP Paribas Asset Management (Hong Kong) Limited became an indirect subsidiary of SFG
2010
- 12.
- KOFC Shinhan Frontier Champ 2010-4 PEF Investment Corp. became an indirect subsidiary
of SFG - 10.
- Shinhan Maritime Private Equity Fund I became an indirect subsidiary of SFG
- 08.
- Shinhan Macquarie Financial Advisory was disaffiliated from SFG
- 06.
- CHB Valuemeet 2001 Second SPC and CHB Valuemeet 2002 First SPC were disaffiliated from SFG
- 06.
- CHB Valuemeet 2001 First SPC was disaffiliated from SFG
- 01.
- Shinhan Data System became a subsidiary of SFG
Expand the bank’s scale/ enhance non-banking business
2009
- 12.
- Shinhan Capital Petra PEF became an indirect subsidiary of SFG
- 11.
- Liquidated Shinhan Finance Ltd. , an indirect subsidiary of SFG
- 10.
- Shinhan Vietnam Bank became an indirect subsidiary of SFG
- 09.
- SBJ became an indirect subsidiary of SFG
- 08.
- Corporate name of Good Morning- Shinhan Securities changed (Shinhan Investment Corp.)
- 06.
- SH&C Life Insurance left the Group
- 03.
- SFG’s 1.3 trillion won rights offering to shareholders
- 01.
- Launched new integrated Shinhan BNP Paribas Asset Management
2008
- 09.
- Incorporated Shinhan Bank Canada as indirect subsidiary
- 08.
- Incorporated Shinhan No.2 PE as indirect subsidiary
- 06.
- Incorporation of Shinhan-KTF Mobile Card, a joint-venture company with KT Freetel,
as an Indirect Subsidiary - 05.
- Incorporation of AITAS, a fund accounting and administration service providing company, as
an Indirect Subsidiary - 04.
- Incorporated Shinhan Bank (China) Limited as an Indirect Subsidiary
- 04.
- Shinhan Financial Group and Shinhan Bank obtained the Federal Reserve Bank's approval to
become Financial Holding Companies - 03.
- Incorporated Shinhan Bank Kazakhstan Limited as an Indirect Subsidiary
2007
- 10.
- Integrated Shinhan Card was launched
- 07.
- Good Morning Shinhan Securities Asia Ltd., an overseas subsidiary of Good Morning
Shinhan Securities, joined Shinhan Financial Group as an indirect-subsidiary - 03.
- LG Card joins Shinhan Financial Group as subsidiary
2006
- 08.
- Selected as preferred bidder for LG Card acquisition
- 04.
- The integrated Shinhan Bank was launched and CHB Card merged with Shinhan Card
2005
- 12.
- Shinhan Life Insurance joins SFG as a wholly-owned subsidiary
- 12.
- BOD resolution to acquire Shinhan Life Insurance as the Group's subsidiary through
a small-scale share swap - 08.
- Acquisition of "Shinhan NPS Private Equity Fund 1" as the Group's indirect subsidiary BOD
resolution to liquidate e-Shinhan - 08.
- Completion of final Stockholders' Meeting concerning the liquidation of e-Shinhan
2004
- 12.
- Good Morning Shinhan Securties joins SFG as a wholly-owned subsidiary after SFG acquires
minority shares of Good Morning Shinhan Securities - 12.
- Shinhan Private Equity joings SFG as a wholly-owned subsidiary
- 06.
- Chohung Bank joins SFG as a wholly-owned subsidiary after SFG completes a small scale
share swap of Chohung Bank shares - 04.
- End business alliance with Loan Star and bought back the shares of Shinhan Credit
Information - 03.
- Chohung Bank joins SFG as a wholly-owned subsidiary after SFG completes a small scale
share swap of Chohung Bank shares
2003
- 11.
- Acquired a bank holding company license in the US market from the Federal Reserve Board
- 09.
- Registered with the U.S. Securities Exchange Commission and listed on the New York Stock
Exchange SFG's inclusion of Chohung Bank as its subsidiary officially granted - 08.
- Acquired 80.04% equity ownership of Chohung Bank from the Korea Deposit
Insurance Corporation - 06.
- Sold 49% equity share of Shinhan Credit Information to Loan Star Fund
Complete building a foundation of a universal financial services group
2002
- 10.
- Shinhan-BNP Paribas Investment Trust Management launched
- 10.
- Established SH&C Life Insurance, a joint venture for bancassurance business
- 09.
- Sold 50%-1 Share of Shinhan Investment Trust Management to BNP Paribas'
- 09.
- Asset Management Group First anniversary of incorporation of Shinhan Financial Group
- 08.
- Shinhan Credit Information business licensed approved and officially included as subsidiary
of SFG - 08.
- Signed strategic alliance agreement with BNP Paribas for Investment Trust Business
- 08.
- Good Morning Shinhan Securities launched
- 07.
- Shinhan Credit Information (Co.) established
- 06.
- Shinhan Bank's Credit Card Business spun-off; Shinhan Card (Co.) established
- 05.
- Jeju Bank officially incorporated as a subsidiary company
- 05.
- Bundang Financial Plaza (Bank & Securities) opened
- 04.
- Organized preparation committee for Shinhan-Good Morning Securities merger and
announced the acquisition of Good Morning Securities - 03.
- Corporate Finance Center opened
- 03.
- General meeting of shareholders held
2001
- 12.
- Signed strategic alliance agreement with BNP Paribas for joint venture of business
- 09.
- Shinhan Financial Group was established and launched
- 08.
- Resolution to establish the holding company by stock transfer Shinhan MACQUARIE
- 08.
- Financial Advisory (Co.) established
- 06.
- Concluded MOU for agreement with comprehensive business alliances with the BNP Paribas
Group Total deposits of Shinhan Bank recorded 40 trillion won - 02.
- e-Shinhan (Co.) established
A bank with advanced techniques and capability Enhancement of retail finance capability
2000
- 10.
- Established the establishment office and the preparation committee for the holding company
- 10.
- Announced the plan for establishing a general financial group by the holding company
1999
- 08.
- Total deposits of the Shinhan Bank recorded 30 trillion won.
- 07.
- Introduced the first internet banking system in Korea (Shinhan Bank-Shinhan EZ Bank)
- 05.
- Renamed Shinhan Lease to Shinhan Capital(Co.).
- 04.
- Shingan Bank issued overseas GDR of 400 million dollars.
Shinhan Securities started cyber business in a full scale. (Shinhan Cyber EZ Stock) - 01.
- Introduced the business branch system for each customer, the first in Korea. (Shinhan Bank)
1998
- 08.
- Acquired Donghwa Bank on a P&G basis(Shinhan Bank)
- 06.
- Introduced the Business Division system, first among Korean banks.(Shinhan Bank)
1996
- 06.
- Established Shinhan Investment Trust Management Company
(current Shinhan BNP Paribas Asset Management) - 04.
- Shinhan Bank recorded 20 trillion won of deposits in total.
1994
- 10.
- Registered Shinhan Lease (Shinhan Capital to the KOSDAQ).
- 07.
- Provided the telebanking service, the first in Korea. (Shinhan Bank)
- 01.
- Shinhan Bank recorded 10 trillion won of deposits in total.
1993
- 10.
- Opened unattended branches, the first in Korea. (Shinhan Bank -365 Barobaro Corner)
1991
- 08.
- Provided the PC on-line service, the first in Korea .(Shinhan Bank)
- 05.
- Established the Shinhan Bank System.
- 04.
- Established Shinhan Lease. (Shinhan Capital)
1989
- 10.
- Shinhan Bank offered stock for public subscription. (Listed stocks in November.)
1988
- 07.
- Constructed an moved the main office of Shinhan Bank
(120, Taepyoung-ro 2-ga, Chung-gu, Seoul)
1985
- 08.
- Listed Shinhan Securities.
- 06.
- Acquired Donghwa Securities. (renamed as Shinhan Securities
1984
- 01.
- Shinhan Bank introduced the CMF Receipt On-line system, the first in Korea
1982
- 07.
- Shinhan Bank was established first president of the bank : Se-Chang Kim