Strengthening the Competitive Power in the Business Field of Bank and On-Bank

Shinhan Financial Group has actively responded to the radically changing Korean financial market through business expansion and subsidiary businesses. First, Shinhan Financial Group undertook Choheung Bank, formerly one of the top banks in Korea, in 2003 for the business expansion in the field of banking and constantly processed establishment and undertaking of subsidiary companies in the field of securities(undertook Good Morning Securities in 2002)/investment(established Shinhan BNP Investments)/card(established Shinhan Card in 2002, undertook LG Card in 2007)/life insurance(undertook Shinhan Life in 2005 ) for the promotion of the subsidiary project through the diversification of business portfolio in the group.

The Spring as a World Class Financial Group

The business strategies of the future group are providing dynamic and convenient financial services through the organic and effective operation, maximized mutual synergy between distribution (bank business) and production (non-bank business) and constant specialization. Based on these, Shinhan Financial Group will spring as a World Class Financial Group beyond the representative One Portal financial group in Korea.