Shinhan Financial Group

Shinhan Financial Group Co., Ltd. is a financial holding company headquartered in Seoul, South Korea. Its subsidiaries provide a full range of financial services, including banking, securities, life insurance, and investment banking. It is one of Korea's so-called Big Five financial groups, along with KB Financial Group, NH Financial Group, Hana Financial Group, and Woori Financial Group.

Subsidiaries

Shinhan Financial Group owns a total of 17 direct subsidiaries under Korean Law.

Subsidiaries	Ownership by SFG	Notes
Shinhan Bank	100.0%
Shinhan Card	100.0%
Shinhan Investment Corp.	100.0%
Shinhan Life Insurance	100.0%	Merged Orange Life in July 2021
Shinhan Capital	100.0%
Shinhan Asset Management	100.0%	Formerly Shinhan BNP Paribas Asset Management
Jeju Bank	75.3%	Currently listed on the Korea Exchange
Shinhan Savings Bank	100.0%
Asia Trust. Co., Ltd.	60.0%
Shinhan DS	100.0%
Shinhan AITAS	99.8%
Shinhan Credit Information	100.0%
Shinhan Alternative Investment Management	100.0%
Shinhan REITs Management	100.0%
Shinhan AI	100.0%
Shinhan Venture Investment	100.0%	Formerly Neoplux Co., Ltd.
SHC Management	100.0%	Currently in liquidation proceedings