Shinhan Bank Wins 'Best Bank in Korea' for 5 Consecutive Years Selected by Euromoney Magazine

Highly Praised for Dynamic Achievements Including Successful Global Performance and Digital Innovation

[Asia Economy Reporter Kangwook Cho] Shinhan Bank announced on the 6th that it was selected as Korea's Best Bank at the 'Awards for Excellence 2020' hosted by the global financial magazine Euromoney.

Euromoney is an internationally reputable global financial magazine that hosts the 'Awards for Excellence' event every year, selecting the best bank in each country. Shinhan Bank has been chosen as Korea's Best Bank for five consecutive years.

Euromoney stated that despite challenging domestic and international conditions in 2019, Shinhan Bank achieved excellent profitability with a global profit ratio exceeding 15%, maintained sound financial health, and proactively pursued innovative digital banking, continuously creating new business opportunities through innovation, demonstrating the bank's dynamism.

A Shinhan Bank official said, "We have set a strategic goal of 'strengthening the Asian financial belt' and are focusing our capabilities to continue achieving outstanding results not only in domestic business but also in global business." He added, "We will continue to strive to become a world-class bank beyond Asia through innovation as a representative bank of Korea."

This content was produced with the assistance of AI translation services.