January 24, 2017 1:03 PM ET

Consumer Finance

Company Overview of Shinhan Card Co., Ltd.

Company Overview

Shinhan Card Co., Ltd., a credit finance company, offers various credit cards and installment finance services in South Korea. The company offers credit loans that enable individuals, corporations, or public institutions to pay for goods or services within certain credit limit through credit cards; cash advance services; installment products for the payment of goods and services that customers cannot afford to pay in lump sum; credit card and disaster loans; and automobile finance leasing services. It also provides check, corporate, and other cards; and Tops Club, a special reward service for the priority customers of SFG. The company was incorporated in 1985 and is based in Seoul, South Kor...

Post Tower 70

Sogong-ro

Jung-gu

Seoul,  04535

South Korea

Founded in 1985

Key Executives for Shinhan Card Co., Ltd.

Chief Executive Officer, President and Director
Age: 65
Vice President and Head of Marketing Division
Age: 58
Managing Director and Head of Human Resources
Age: 55
Vice President and Head of Business Planning Division
Age: 59
Vice President and Head of Business division
Age: 61
Compensation as of Fiscal Year 2016.

Shinhan Card Co., Ltd. Key Developments

Shinhan Card Announces Earnings Results for the Third Quarter of 2016

Shinhan Card announced earnings results for the third quarter of 2016. For the quarter, the company reported net income of KRW 532.6 billion, a 2.1% increase year on year. Merchant fee income and interest income came along with the increase in transaction value. Operational profit decreased 14%, with the absence of the securities disposition gains compared to the previous quarter.

Booyoung Named Preferred Bidder For Samsung Office Building

Samsung Fire & Marine Insurance Co., Ltd. (KOSE:A000810) has confirmed that Booyoung Co., Ltd. has been named a preferred bidder to acquire its former head office building in central Seoul. Shinhan Card Co., Ltd., Tong Yang Asset Management Corp and IGIS Asset Management Co., Ltd had also participated in the bidding that was held August 5, 2016.

Shinhan Card Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Shinhan Card Co., Ltd. announced consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues of KRW 1,139,002 million compared with KRW 1,196,421 million for the same period a year ago. Operating income was KRW 267,922 million compared with KRW 254,223 million for the same period a year ago. Income before income taxes was KRW 267,359 million compared with KRW 253,762 million for the same period a year ago. Net income attributable to controlling interest was KRW 206,347 million compared with KRW 197,270 million for the same period a year ago. For the six months, the company reported revenues of KRW 2,270,110 million compared with KRW 2,289,347 million for the same period a year ago. Operating income was KRW 457,890 million compared with KRW 440,805 million for the same period a year ago. Income before income taxes was KRW 456,602 million compared with KRW 440,412 million for the same period a year ago. Net income attributable to controlling interest was KRW 355,185 million compared with KRW 351,805 million for the same period a year ago.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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