Shinhan Financial Group discussed ways to cooperate with Korean and Japanese financial and policy institutions in future finance areas including transition finance, carbon markets and digital assets. It participated in the Korea-Japan Financial Cooperation Conference held in Seoul on Sept. 28 and said on Sept. 29 it sought cooperation in climate and digital finance. Participants also discussed climate transition policies, digital finance innovation and the development of digital-asset markets.

Financial companies in South Korea are stepping up social contribution activities ahead of the Chuseok holiday, ranging from purchases to support traditional markets to aid for vulnerable groups and employee-led volunteering. The Financial Supervisory Service joined four firms and the Salvation Army for a market event in Seoul. Major banks and financial groups ran nationwide programs delivering goods and vouchers to welfare facilities, low-income households, seniors living alone, multicultural families and patients.