Finance
Shinhan Financial activates financial support program for firms hit by Middle East
Shinhan Financial Group said on Sunday it held a group crisis management council meeting to respond to rising geopolitical risks from worsening conditions in the Middle East. It will keep its crisis management level at “caution” and review market conditions weekly, with plans to escalate its response if the level is raised to “alert”. Shinhan Bank launched a disaster recovery financial support programme for exporters and overseas expansion mid-sized and small firms facing management difficulties due to heightened conflict risks.
