by Cho Seulkina
Published 13 May.2026 09:18(KST)
Shinhan Securities announced on the 13th that it has conducted company-wide online training on "productive finance" to enhance employees' understanding of productive finance, improve capital allocation structures, and reinforce the role of finance.
This training was based on the blue book content from the Shinhan Securities Research Division's "Productive Finance I: The Era of Capital Reallocation." Part 1, entitled "Productive Finance: State Capitalism 2.0," examined the background of capital allocation being fixed on non-productive assets such as real estate. It also emphasized the need to establish a productive finance system that channels capital into strategic industries—such as artificial intelligence (AI), semiconductors, and biotechnology—by connecting policy finance, private finance, and capital markets through policy initiatives.
Part 2, "The Beginning of Capital Cost Reallocation and Natural Selection," analyzed the transition path of the productive finance market through three channels: the potential decline in capital costs, household fund money movement, and the restoration of the exit market. Part 3, "Transformation of Capital Allocation Structure and Restructuring the Role of Finance," examined changes in financial institutions' roles during the transition to productive finance.
A Shinhan Securities representative stated, "Through this mandatory company-wide training, the perspective of productive finance will be internalized across the organization and reflected in all divisions, including Investment Banking (IB), Wealth Management (WM), and Sales & Trading (S&T). We expect that, in the long term, this will contribute to strengthening a productive financial system where capital flows into highly productive industries and enterprises." Shinhan Securities is actively fostering venture capital as a member of the "Productive Finance Promotion Task Force," which Shinhan Financial Group is pursuing under the banner of "K-Growth, K-Finance."