Finance
Shinhan Bank launches National Growth Fund sales to link investment to advanced industries
Shinhan Bank will begin selling the public participation National Growth Fund, a policy investment product aimed at fostering advanced strategic industries. The bank said it will sell the fund from May 22 to June 11 with a total limit of 45 billion won. Subscriptions are available at branches and on the Shinhan SOL Bank app, with annual and multi-year limits per person. The product offers income deductions, separate taxation on dividend income, and a government-backed loss buffer, though principal loss is possible.
