| Mobile Web

Search results for Shinhan Bank

Finance

KOSPI enters pause as financial sector faces pressure for inclusive finance

South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.

Finance

Shinhan Bank to launch Shinhan Super SOL integrated financial platform next month

Shinhan Bank is running a pre-registration event ahead of the launch of Shinhan Financial Group’s integrated platform, Shinhan Super SOL. The bank said pre-registration for the launch event will be accepted through June 12. The platform is based on the existing Shinhan SOL Bank app and brings major group services, including banking, cards, securities and insurance, into one place. It will also provide a generative AI-based agent service.

Finance

Shinhan Bank to provide 7.5 billion won in guaranteed loans for Incheon mid-to-low credit firms

Shinhan Bank will support agreement-guarantee loan financing worth 7.5 billion won for mid-to-low credit companies and online sellers in Incheon. The bank signed an inclusive finance-focused agreement guarantee deal with the Incheon Credit Guarantee Foundation to supply guaranteed loans to local small and micro businesses. Eligible loans are new working-capital facilities at Shinhan Bank. The maximum limit is 50 million won per company, with a 100 percent guarantee and an annual guarantee fee rate of 0.8 percent.