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August 31, 2015 6:50 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 Co., Ltd. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Shinhan Bank Co., Ltd. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the second quarter, the company reported interest income of KRW 71 million against KRW 603 million a year ago. For the six months, the company reported interest income of KRW 557 million against KRW 636 million a year ago. Operating income was KRW 6,932,682 million against income of KRW 7,668,405 million a year ago. Net income was KRW 790,540 million against income of KRW 842,111 million a year ago.

Shinhan Bank Announces Consolidated Earnings Results for the Second Quarter and Six Months of 2015

Shinhan Bank announced consolidated earnings results for the second quarter and six months of 2015. For the second quarter, the company reported revenue of KRW 3,569,645 million against KRW 4,031,306 million a year ago. Operating income was KRW 486,742 million against KRW 509,186 million a year ago. Income before income taxes was KRW 509,522 million against KRW 522,156 million a year ago. Net income was KRW 400,518 million against KRW 416,954 million a year ago. Net income attributable to controlling interest was KRW 400,411 million against KRW 416,784 million a year ago. For the six months, the company reported revenue of KRW 6,932,682 million against KRW 7,668,405 million a year ago. Operating income was KRW 955,348 million against KRW 1,042,859 million a year ago. Income before income taxes was KRW 1,010,575 million against KRW 1,062,912 million a year ago. Net income was KRW 790,540 million against KRW 842,111 million a year ago. Net income attributable to controlling interest was KRW 790,329 million against KRW 841,872 million a year ago.

Shinhan Bank Reports Consolidated Earnings Results for the First Quarter of 2015

Shinhan Bank reported consolidated earnings results for the first quarter of 2015. For the quarter, the company reported revenue of KRW 3,363,037 million against KRW 3,637,099 million a year ago. Operating income was KRW 468,606 million against KRW 533,673 million a year ago. Income before income taxes was KRW 501,053 million against KRW 540,756 million a year ago. Net income attributable to the company was KRW 390,022 million against KRW 425,157 million a year ago. The decrease in net income was because despite the improvement in fee income and securities income leading to 84.8% hike in noninterest income, interest income dropped, an additional credit cost related to corporate restructuring incurred.

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