Shinhan Bank Launches Comprehensive Account Opening Service with Meritz Asset Management

Meritz Asset Management's Comprehensive Account (Fund Master Account) Can Be Opened at Shinhan Bank Branches
Prize Giveaway for Customers Opening Comprehensive Accounts to Celebrate Service Launch

At the partnership agreement ceremony held on the 3rd at Shinhan Bank Headquarters in Jung-gu, Seoul, Jung Yong-gi, Senior Vice President of Shinhan Bank (third from the left), and John Lee, CEO of Meritz Asset Management (fourth from the left), are taking a commemorative photo with officials.

[Asia Economy Reporter Song Hwajeong] Shinhan Bank announced on the 4th that it has signed a business partnership agreement with Meritz Asset Management for joint marketing and financial education for minor customers and launched Meritz Asset Management's comprehensive account (fund master account) opening service.

Previously, minors who wanted to subscribe to Meritz Asset Management's funds faced difficulties as they could not verify their real names remotely and had to visit Meritz Asset Management branches located far away in person.

With the launch of this service, minor customers wishing to subscribe to Meritz Asset Management's funds can open a comprehensive account at Shinhan Bank branches, and parents can subscribe to junior-exclusive funds through the Meritz Asset Management app, enhancing the convenience of financial transactions for minors.

Additionally, by integrating Shinhan Bank's social contribution program with Meritz Asset Management's junior financial education online content, a financial education campaign for minors will be conducted to provide financial consulting that helps minor customers effectively prepare for the future.

To commemorate the launch of this service, Shinhan Bank is holding an event until the 31st, offering the first 3,000 customers who open a comprehensive account a GS convenience store coupon worth 10,000 KRW, and through a draw, providing 2 tickets to Legoland (20 people) and 1:1 investment consulting invitation tickets with Meritz Asset Management CEO John Lee (20 people).

Jung Yonggi, Vice President of Shinhan Bank's Personal Group, said, "With the launch of this service, we expect increased efficiency and convenience in financial transactions for asset management of minor customers," adding, "Going forward, Shinhan Bank will continue to fulfill its social responsibility (ESG) as a financial institution by providing new financial services and financial education content that can be easily used by all age groups."

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