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February 13, 2016 5:42 PM ET

Banks

Company Overview of SHINHAN BANK

Company Overview

Shinhan Bank, together with its subsidiaries, provides a range of commercial and other banking services to retail and corporate customers in Korea and internationally. It offers retail banking services to individual customers, wealth management customers, and institutions, such as hospitals, airports, and schools. The company also provides corporate banking and treasury services to corporations, including small or medium sized companies and businesses related to investment banking; internal asset and liability management; trading of securities and derivatives; and investment portfolio management and other related activities. In addition, it engages in international bank services, as well as ...

20, Sejong-Daero 9-Gil

Jung-Gu

Seoul,  100-724

South Korea

Founded in 1897

13,489 Employees

Key Executives for SHINHAN BANK

Chief Executive Officer, President and Executive Director
Age: 57
Deputy President, Head of Corporate & Investment Banking Group and Executive Director
Age: 56
Executive Vice President of Institutional Banking Group and Non-Director Executive Officer
Age: 55
Executive Vice President of Retail Business Unit and Non-Director Executive Officer
Age: 54
Executive Vice President of Compliance Department and Non-Director Executive Officer
Age: 55
Compensation as of Fiscal Year 2015.

SHINHAN BANK Key Developments

SHINHAN BANK Resolves to Pay Cash Dividends for the Fiscal Year of 2015; Announces Consolidated Earnings Results for the Fourth Quarter and Full Year of 2015

On February 3, 2016, the Board of Directors of Shinhan Bank resolved to pay cash dividends of KRW 650 billion or KRW 409.94 per common share for the fiscal year of 2015, subject tode shareholders' approval. The company announced consolidated earnings results for the fourth quarter and full year of 2015. For the quarter, the company's revenue was KRW 2,135,151 million compared with KRW 3,690,145 million a year ago. Operating income was KRW 311,393 million compared with KRW 206,001 million a year ago. Income before income taxes was KRW 306,515 million compared with KRW 214,993 million a year ago. Net income was KRW 236,970 million compared with KRW 183,350 million a year ago. For the year, the company's revenue was KRW 14,656,853 million compared with KRW 13,987,647 million a year ago. Operating income was KRW 1,733,726 million compared with KRW 1,797,396 million a year ago. Income before income taxes was KRW 1,875,070 million compared with KRW 1,835,796 million a year ago. Net income was KRW 1,489,988 million compared with KRW 1,455,653 million a year ago.

Shinhan Bank Opens Branch in Dubai International Financial Centre

Shinhan Bank has opened it branch in Dubai International Financial Centre (DIFC).

Shinhan Bank Announces Consolidated Earnings Results for the Third Quarter and Nine Months of 2015

Shinhan Bank announced consolidated earnings results for the third quarter and nine months of 2015. For the quarter, the company reported revenue of KRW 5,589,020 million compared to KRW 2,629,100 million a year ago. Operating income was KRW 466,985 million compared to KRW 548,536 million a year ago. Income before income taxes was KRW 557,980 million compared to KRW 557,891 million a year ago. Net income attributable to controlling interest was KRW 462,482 million compared to KRW 430,096 million a year ago. For the nine months, the company reported revenue of KRW 12,521,702 million compared to KRW 10,297,505 million a year ago. Operating income was KRW 1,422,333 million compared to KRW 1,591,395 million a year ago. Income before income taxes was KRW 1,568,555 million compared to KRW 1,620,803 million a year ago. Net income attributable to controlling interest was KRW 1,252,811 million compared to KRW 1,271,968 million a year ago.

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