About Shinhan Bank
Shinhan Bank is a company based in Seoul (South Korea) founded in 1982.. Shinhan Bank has completed 1 acquisition, including PT Bank Metro Express. Shinhan Bank operates in a competitive market with competitors including Scotiabank, Bank of America, KB Kookmin Bank, Woori Bank and Industrial Bank of Korea, among others.
- Headquarter Seoul, South Korea
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$557.8 M (USD), Debt – Conventional
Oct 22, 2019
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Shinhan Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $557.8M
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First Round
First Round
(22 Oct 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Debt – Conventional - Shinhan Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Shinhan Bank
Shinhan Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PT Bank Metro Express. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial banking services are provided in Jakarta, Indonesia.
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1967 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shinhan Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shinhan Bank Comparisons
Competitors of Shinhan Bank
Shinhan Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Bank of America, KB Kookmin Bank, Woori Bank and Industrial Bank of Korea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Multiple sectors are invested in via fund of funds approach.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in South Korea.
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| domain | founded_year | HQ Location |
Industrial bank
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| domain | founded_year | HQ Location |
Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shinhan Bank
Frequently Asked Questions about Shinhan Bank
When was Shinhan Bank founded?
Shinhan Bank was founded in 1982 and raised its 1st funding round 37 years after it was founded.
Where is Shinhan Bank located?
Shinhan Bank is headquartered in Seoul, South Korea.
Who is the current CEO of Shinhan Bank?
Woo Park is the current CEO of Shinhan Bank.
What does Shinhan Bank do?
Shinhan Bank was founded in 1982 in Seoul, South Korea, operating as a commercial bank within the financial sector. Retail, corporate, and international banking services are extended to customers through various channels. As a subsidiary of Shinhan Financial Group Co., Ltd., the bank is listed on the KOSPI and NYSE exchanges, supporting operations primarily in Korea with global reach.
Who are the top competitors of Shinhan Bank?
Shinhan Bank's top competitors include Scotiabank, KB Kookmin Bank and Bank of America.
How many acquisitions has Shinhan Bank made?
Shinhan Bank has made 1 acquisition, including PT Bank Metro Express.
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