Shinhan Bank Awarded '2021 Korea's Best Personal Asset Management Bank' by The Asian Banker Magazine

Jin Ok-dong, President of Shinhan Bank

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 26th that it was selected as Korea's Best Personal Asset Management Bank at 'The Asian Banker Korea Awards 2021,' hosted by the Singaporean financial magazine The Asian Banker.

The Asian Banker is a financial magazine recognized worldwide for its authority in research and consulting in the global financial market. Every year, it evaluates banks and financial institutions based on financial performance such as profit growth and non-financial performance such as ethical management, selecting the best banks in financial products and services by country.

Shinhan Bank was recognized for various innovative activities for high-net-worth individuals, including the PIB Center, which provides comprehensive asset management services such as asset management, corporate finance, and IB finance for entrepreneur clients, and the digital private banking SOL PB, which offers various services such as asset management and investment information non-face-to-face through Shinhan SOL.

Currently, Shinhan Bank operates 24 PWM Centers, 2 Privilege Centers for ultra-high-net-worth individuals, and 1 PIB Center for entrepreneur clients, after launching Shinhan PWM, a financial complex branch model combining banking and securities, for the first time in the domestic financial sector in 2011.

A Shinhan Bank official said, "We are pleased to receive the top award in recognition of our repeated service innovations to provide differentiated asset management unique to Shinhan PWM," adding, "We will continue to innovate in asset management to lead the wealth management (WM) market."

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