Since its inception as Shinhan Bank in 1982,
Shinhan Financial Group(SFG) has been making innovations and posting fast growth continuously as can be
seen in its adoption of a holding company structure in 2001 and achieving of the No.2 scale in assets in the
industry in 2003. 2008 global financial crisis revealed Shinhan Financial Group’s differentiated asset quality
supported by its watertight risk management and the Group came to become a player that represented
Korea’s financial industry by attaining a No. 1 position in profitability ever since.
SFG has been driving with 5 strategic decisions it had made since its start as Shinhan Bank in 1982.
Strengthen a banking
Business foundation
and expand business
lines in the financial
industry
Promote synergy
generation among
subsidiaries by adopting
a financial holding
company system
Expand customer
base and channels
through M&As
Enhance capability as
a provider of comprehensive
financial services and strive
to become a leading financial
institution in Northeast Asia
Transforming into a leading financial group
through innovative growth
1982.07.07
Small but profitable, customer-friendly bank
1992Sound, balanced Commercial Bank
A bank with advanced techniques and capability
Enhancement of retail finance capability
2001~2002 Foundation-building period
Complete building a foundation of a universal financial services group
2001.09 Launched Shinhan Financial Group
2002.05 Jeju Bank became a subsidiary of SFG
2002.06 Founded Shinhan Card
2002.07 Founded Shinhan Credit Information
2002.08 Launched Good Morning-Shinhan Securities
2002.10 Founded SH&C Life Insurance
2003~2009 Period of dramatic growth
Expand the bank’s scale/ enhance non-banking business
2003.09 CHB(Choheung Bank) became a subsidiary of SFG
2005.09 Shinhan Life Insurance became a subsidiary of SFG
2006.04 Launched new(integrated) Shinhan Bank
2007.03 LG Card became a subsidiary of SFG
2007.10 Launched new(integrated) Shinhan Card
2008.04 Obtained a financial holding company license from the US FRB
2008.05 AITAS became an sub-affiliate of SFG
2008.06 Shinhan KTF Mobile Card became an sub-affiliate of SFG
2010 ~ Period of building leadership
Solidify the position of the ‘local best’ in the era of ‘New Normal’
2010.01 Shinhan Data System became a subsidiary of SFG
2011.02 Shinhan BNP Paribas Asset Management (Hong Kong) Limited became an indirect subsidiary of SFG
2011.12 Shinhan Savings Bank joined SFG as subsidiary
2012.11 Shinhan Aitas joined SFG as subsidiary
2013.04 Launch of integrated Shinhan Savings Bank (Merger of the former Shinhan Savings Bank and Yehanbyoul Savings Bank)
2014.11 Shinhan Card Kazakhstan joined SFG as sub-subsidiary
2015.07 Nam An Securities (local subsidiary of Shinhan Securities Vietnam) joined SFG as sub-subsidiary
2016.03 Shinhan Card Myanmar joined SFG as sub-subsidiary
2016.07 PT Shinhan Sekuritas Indonesia joined SFG as sub-subsidiary
2017 ~ 2019Ascent to become Asia’s leading financial group
Producing accelerated results through balanced growth and the ‘One Shinhan’ strategy
2017.04 Inauguration of 2020 SMART Project
2017.07 Launch of global investment banking (GIB) and global brokerage (GBK) units
2017.10 Launch of Shinhan REITs Management (Joined SFG as subsidiary)
2017.12 Sub-subsidiary Shinhan Bank Vietnam and ANZ Bank completed merger
2018.01 Launch of Shinhan Bank Mexico (Joined SFG as sub-subsidiary)
2018.01 Shinhan Card obtained 100% stake in Prudential Vietnam Finance Company (PVFC)
2018.01 Launch of global markets and securities (GMS) unit
2018.05 Launch of Shihan DS Vietnam (Joined SFG as sub-subsidiary)
2018.08 Shinhan Alpha REIT listed on the Korea Stock Exchange
2018.09 Launch of PT Shinhan Asset Management Indonesia (Joined SFG as sub-subsidiary)
2018.10 SFG signed agreement to acquire stake in Asia Trust
2019.02 Orange Life Insurance (OrangeLife) joined SFG as subsidiary
2019.05 Asia Trust joined SFG as subsidiary
2019.08 Shinhan AI becomes a wholly owned subsidiary
2020 ~Transforming into a leading financial group
Differential growth through F.R.E.S.H 2020s *Fundamental, Resilience, Eco-system, Sustainability, Human-talent
2020.09 Neoplux becomes a wholly owned subsidiary
2021.01 Shinhan Asset Management becomes a wholly owned subsidiary
2021.07 Integrated Shinhan Life was launched(Shinhan Life, Orange Life merge)
2022.01 Integrated Shinhan Asset Management was launched (Shinhan Asset Management, Shinhan Alternative Investment Management merge)
2022.05 Asia Trust becomes a wholly owned subsidiary
2022.06 Shinhan EZ General Insurance becomes a wholly owned subsidiary