Shinhan Bank Awarded '2021 Best Bank in Korea' by Asia Money Magazine

Highly Rated for Stable Business Portfolio, Leading ESG Strategy, and Digital Transformation Strategy

[Asia Economy Reporter Park Sun-mi] Shinhan Bank announced on the 7th that it was selected as the ‘2021 Best Bank in Korea’ by Asia Money, a global financial magazine.

In 2021, Shinhan Bank earned the honor of being named the Best Bank in Korea for six consecutive years by both Euromoney and Asia Money. It was highly evaluated for its stable business portfolio and competitiveness in the traditional financial sector, as well as its differentiated digital strategy and leading ESG promotion strategy, which instill confidence in future growth potential.

Shinhan Bank is advancing strategies to build a unique digital ecosystem, including the future financial space ‘Digilog Branch,’ SOL, which is evolving beyond banking into a lifestyle platform, and acquiring the status of the first ‘Electronic Signature Certification Provider’ in the banking sector.

In the ESG sector, Shinhan Bank is leading environmental protection through finance by being the first domestic commercial bank to adopt the ‘Equator Principles’ and declare a ‘Coal Phase-out Finance’ commitment. It also contributes to social virtuous cycles and diversity enhancement through activities such as Shinhan Square Bridge, a collaboration platform for startups with technological capabilities within Shinhan Financial Group, and the ‘She-roes Program’ for fostering female talent within the group.

A Shinhan Bank official stated, “We are focusing our capabilities on stable business portfolio management of the bank and group companies, channel innovation, and strategic goals for ESG,” adding, “Going forward, Shinhan Bank plans to introduce innovative financial services for customers in line with Shinhan Financial Group’s vision of ‘Easier, More Comfortable, and Newer Finance.’”

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