Shinhan Financial (SHG) has released an update.
Shinhan Financial Group has released its FY2023 Business Report, highlighting a series of strategic acquisitions and expansions, including the integration of subsidiaries and the establishment of new ventures in the insurance and asset management sectors. A significant part of the group’s growth strategy involved the consolidation of interests to achieve 100% ownership in key subsidiaries, such as Shinhan Asset Management and Shinhan EZ General Insurance, underscoring its aim to strengthen its financial services ecosystem. The report, which omits non-material and previously disclosed information, showcases Shinhan’s commitment to broadening its market presence both domestically and internationally.
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