Who owns Shinhan Bank?
Shinhan Bank is owned by Shinhan (South Korea, NYSE: SHG).[1]
Evidence: Shinhan Financial Group Co., Ltd. Annual Report on Form 20-F filed 2026-04-22, SEC EDGAR, 22 April 2026. Verified from filings; last checked .
Key facts
- Current owner
- Shinhan Financial Group Co., Ltd. verified
- Owner HQ
- 🇰🇷 South Korea, Seoul
- Origin
- 🇰🇷 South Korea
- Category
- Finance & insurance › Banks › Retail & commercial banks
- Parent ticker
- NYSE: SHG KRX: 055550
- Last verified
- · 1 sources
About Shinhan Bank
Shinhan Bank is the nationwide commercial bank that, with Shinhan Securities, Shinhan Capital and an investment trust manager, formed the holding company in September 2001. In April 2006 Shinhan Bank merged into Chohung Bank and the survivor took the Shinhan Bank name.
Ownership timeline of Shinhan Bank
Where Shinhan Bank sits in Shinhan
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Shinhan ownership tree →
See the full Shinhan brand portfolio (9) →
Other brands owned by Shinhan
Shinhan controls 9 brands on Brandtree, 9 of them in finance & insurance.
Also in finance & insurance
Other brands in retail & commercial banks, and who owns them
The 12 brands in retail & commercial banks on Brandtree belong to 9 owners. The largest is Credicorp, with 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Banco de Crédito del Perú | Credicorp | 🇵🇪 Peru |
| Banco Macro | Banco Macro | 🇦🇷 Argentina |
| Banco Galicia | Grupo Galicia | 🇦🇷 Argentina |
| Hang Seng Bank | HSBC | 🇬🇧 United Kingdom |
| Interbank | IFS | 🇵🇪 Peru |
| MUFG Bank | MUFG | 🇯🇵 Japan |
| OM Bank | Old Mutual | 🇿🇦 South Africa |
| FirstBank | PNC | 🇺🇸 United States |
About the owner: Shinhan
Shinhan is a publicly listed company headquartered in Seoul, South Korea, founded in 2001. Brandtree records 9 brands under its control, and it is listed as NYSE: SHG and KRX: 055550.
Shinhan Financial Group was incorporated on 1 September 2001 as Korea's first privately held financial holding company. Its 2025 Form 20-F says it has 15 direct and 32 indirect subsidiaries offering commercial banking, credit cards, brokerage, asset management and insurance, and details acquisitions such as Jeju Bank, LG Card, Shinhan Life and Shinhan EZ General Insurance.
🇰🇷 Shinhan Bank and other South Korean brands
Brandtree records a controlling owner for 185 brands that began in South Korea. 7 of them (4%) are now controlled by a company headquartered in another country; Shinhan Bank is not one of them.
- BC Card — KT 🇰🇷
- DB Insurance — DB Insurance 🇰🇷
- Hyundai Marine & Fire — Hyundai Marine & Fire 🇰🇷
- 4DX — CJ CGV 🇰🇷
- A Café La — Binggrae 🇰🇷
- A-Solution — Aekyung 🇰🇷
Frequently asked questions
Who is the parent company of Shinhan Bank?
The parent company of Shinhan Bank is Shinhan, a publicly listed company headquartered in South Korea.
Is Shinhan Bank South Korean?
Yes. Shinhan Bank originated in South Korea and its owner, Shinhan, is also headquartered in South Korea.
Is Shinhan Bank still owned by Shinhan?
Yes. As of 10 October 2026, Shinhan Bank is still owned by Shinhan. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Shinhan Financial Group Co., Ltd. Annual Report on Form 20-F filed 2026-04-22 — SEC EDGAR, SEC Form 20-F, published 22 April 2026; retrieved 10 October 2026.
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