Search results for Shinhan Square Bridge Incheon
Finance
Shinhan Bank retains Incheon city treasury mandate worth about 17 trillion won
Shinhan Bank won the mandate to remain Incheon’s primary treasury bank in a market worth about 17 trillion won, fending off a challenge from Hana Bank. Incheon said it selected Shinhan as the designated institution for the primary treasury role for 2027-2030, while NH NongHyup Bank was chosen as the secondary treasury bank. The primary treasury manages general accounts, special public enterprise accounts and funds.
Finance
Stablecoin payment models take shape from FX to remittances
Moves by South Korean companies to integrate stablecoins into payment services are accelerating as industry plans become more concrete. Hecto Financial is working with Singapore-based stablecoin payments firm TripleA to build a global payment and settlement service, and has joined Circle’s Circle Payments Network. Blockchain-based payment and settlement infrastructure company SuhoIO unveiled a next-generation foreign exchange settlement model using stablecoins.
Finance
Shinhan Financial Group seeks innovative startups, expands support for deep tech, bio and ESG
Shinhan Financial Hope Foundation said on Monday it is recruiting startups to join the Shinhan Square Bridge Incheon program from Jan. 28 to Feb. 23. The program, run with Incheon city and Incheon Startup Park, supports startups with innovative technologies and ideas in deep tech, biotech and ESG value creation. A total of 361 startups have participated so far, raising about 460 billion won in investment.