South Korea · Financial institution
Shinhan Bank
Legal name in the LEI record(주)신한은행
Shinhan Bank Co., Ltd. is a South Korean commercial bank with its head office in Seoul. It is a subsidiary of Shinhan Financial Group Co., Ltd. It provides retail, SME and corporate banking, wealth management and trade finance in Korea. It also operates overseas branches and subsidiaries. The legal entity is the former Chohung Bank, which absorbed Shinhan Bank and took its name on 1 April 2006.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SHBKKRSEXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under SHBKKRSE directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 4 branch codes
- BIC first registered
- 1992-03-02
- Last updated
- 2026-04-14
Overview
Researched 29 Sep 2026 · Sources
Total assets
Not published
Employees
Not published
Ownership
Group subsidiary
100% Shinhan Financial Group Co., Ltd.
Institution type
Commercial bank
Trades as Shinhan Bank
- Ownership
- Shinhan Financial Group Co., Ltd., a listed financial holding company in Seoul, holds 100% of the bank.
- Direct parent
- Shinhan Financial Group Co., Ltd. ↗, South Korea 100%
- Head office
- 20 Sejong-daero 9-gil, Jung-gu, 04513 Seoul, South Korea
- Former name
- Chohung Bank Co., Ltd.
Business lines
The bank's business covers retail, SME and corporate banking in Korea, with overseas branches and subsidiaries that include Vietnam and Japan.
Online
- Websites & references
- shinhan.com ↗
Wikipedia ↗
Wikidata Q487230 ↗ - Official social accounts
- None found
Sources · 13 pages consulted
- shinhan.com/
- shinhan.com/en/index.jsp
- fntimes.com/html/view.php?ud=202608142138297639dd55077bc2_18
- huffingtonpost.kr/article/259367
- en.sedaily.com/finance/2026/09/22/shinhan-financial-taps-lim-hyun-woo-to-lead-merged-trust
- newspim.com/news/view/20241205000403
- intn.co.kr/news/articleView.html?idxno=2048566
- korea.kr/briefing/policyBriefingView.do?newsId=156740653
- seoul.co.kr/news/economy/finance/2026/06/04/20260604500143
- newspim.com/news/view/20260612000939
- en.wikipedia.org/wiki/Shinhan_Bank
- en.wikipedia.org/wiki/Chohung_Bank
- golomtbank.com/en/remittance/8783
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Jung Sang-hyuk President and CEO (term ends 31 December 2026)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- South Korea
- Financial Services Commission Prudential supervisorConductResolution
- South Korea
- Financial Supervisory Service Prudential supervisorConductAML supervisor
- South Korea
- Bank of Korea Central bank
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Leadership
Shinhan Financial Group's nominating committee began the succession process for the bank's CEO. The successor's term starts in January 2027.
en.sedaily.com ↗ -
Enforcement
A Financial Supervisory Service sanctions committee set fines of about KRW 600 billion on five banks, including Shinhan, over Hong Kong H-index ELS sales.
seoul.co.kr ↗ -
Enforcement
The Korea Fair Trade Commission fined the bank about KRW 63.8 billion for exchanging loan-to-value ratio information with three other banks.
intn.co.kr ↗ -
Leadership
Shinhan Financial Group's subsidiary CEO nominating committee recommended Jung Sang-hyuk for a second term of two years as the bank's CEO.
newspim.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- SHBKKRSEXXX
- How the BIC breaks down
- SHBKBank
- KRCountry · South Korea
- SELocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 5493003P813VL21KG928
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- South Korea · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1897
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Shinhan Financial Group Co.,Ltd. · South Korea988400EB8A6G49E5KO54 ↗
The Shinhan Financial Group Co.,Ltd. group has 18 institutions in the directory, in 15 countries: all hold a BIC.
Including Shinhan Bank Europe GMBH, Shinhan Bank America, Shinhan Bank Vietnam Limited, Shinhan Securities CO., Ltd., Pt. Bank Shinhan Indonesia.
See the Shinhan Financial Group Co.,Ltd. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 20 SEJONG DAERO, 9- GIL, JUNG- GU SEOUL 04513 KOREA, REPUBLIC OF
- Operational address
- SEJONG- DAERO, 9- GIL, JUNG- GU20 SEOUL 04513 SEOUL KOREA, REPUBLIC OF
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SHBKKRSEXXX</BICFI>
<LEI>5493003P813VL21KG928</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>SHBKKRSEXXX</BICFI>
<LEI>5493003P813VL21KG928</LEI>
<Nm>SHINHAN BANK</Nm>
<PstlAdr>
<TwnNm>SEOUL</TwnNm>
<Ctry>KR</Ctry>
<AdrLine>20 SEJONG DAERO, 9- GIL, JUNG- GU SEOUL 04513</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branch network
All 4 branch BICs connect to the head office. They are all in Seoul, and no function or registration year splits them further.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| SHBKKRSECLS | — | Seoul | SEOUL SEOUL KOREA, REPUBLIC OF | — | 2026-04-14 |
| SHBKKRSECUS | — | Seoul | YEONGDEUNGPO- GU70 YEOUI- DAERO SEOUL SEOUL KOREA, REPUBLIC OF | — | 2026-04-14 |
| SHBKKRSEKPO | KOREA POST OFFICE | Seoul | SEOUL SEOUL KOREA, REPUBLIC OF | — | 2026-04-14 |
| SHBKKRSETST | TST | Seoul | SEOUL SEOUL KOREA, REPUBLIC OF | — | 2026-04-14 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Shinhan Bank · Public domain · Wikimedia Commons · original.
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