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Driving Change in Industry with Customers

In the 1990s, Shinhan Bank declared a second startup and retail revolution in response to the changes of financial autonomy. We were the first in Korea to introduce the concept of customer satisfaction (CS) through a new strategy of “Get Closer to Customers,” and we continued to install unmanned cash dispensers called “24/7 Any Time Money” to get closer to customers. We further strengthened our position as a financial group by launching new businesses, leasing and investment, and establishing financial IT subsidiaries, while entering the global market with new offices in Osaka, Tokyo, New York, London, China, and Vietnam to be a world-class bank.

Chapter 02. Growth

1996-1991

  • 1996
  • Jun. Established Shinhan Investment Trust Management Company(current Shinhan BNP Paribas Asset Management)
  • Apr. Shinhan Bank recorded 20 trillion won of deposits in total
  • 1994
  • Oct. Registered Shinhan Lease(Shinhan Capital to the KOSDAQ)
  • Jul. Provided the telebanking service, the first in Korea(Shinhan Bank)
  • Jan. Shinhan Bank recorded 10 trillion won of deposits in total
  • 1993
  • Oct. Opened unattended branches, the first in Korea(Shinhan Bank -365 Barobaro Corner)
  • 1991
  • Aug. Provided the PC on-line service, the first in Korea(Shinhan Bank)
  • May Established the Shinhan Bank System
  • Apr. Established Shinhan Lease(Shinhan Capital)