Shinhan Bank Vietnam Overview

Shinhan Bank Vietnam Limited (“Shinhan Bank”) is a subsidiary of Shinhan Bank Korea, an affiliate of Shinhan Financial Group (SFG).

Shinhan Bank Korea operates in 20 countries with 168 global network. Particularly in Southeast Asia, Shinhan Bank Korea is located in the following markets: Vietnam, Indonesia, Singapore, Philippines, Myanmar, Cambodia.

In Vietnam, Shinhan Bank’s history can be traced back to 1993 when the bank first opened the representative office in Ho Chi Minh City. Over the history of nearly 30 years, Shinhan Bank Vietnam has built a broad network up to 46 branches/ transactions office from the North, the Central and the South of Vietnam. Currently, Shinhan Bank Vietnam has been offering a diversified portfolio of tailored corporate and individual banking products and solutions.

Shinhan Bank Vietnam was awarded the “Best Retail Foreign Bank in Vietnam 2020”, the “Best International Bank in Vietnam 2021 and 2022” by International Business Magazine; the “Best Foreign Digital Bank in Vietnam 2021 and 2002” by World Economic Magazine and the “Best Company To Work For In Asia” for four consecutive years (2019-2022) by HR Asia Publication

The History

  • 1993

    Representative Office in Vietnam was opened.

  • 1995

    1 branchShinhan Bank Ho Chi Minh City Branch was opened.

  • 2009

    1 branchShinhan Bank became one of the first five 100% foreign banks in Vietnam.

  • 2011

    9 branches and transaction officesMerged with Shinhan Vina Bank, became Shinhan Bank Vietnam, the largest foreign bank in terms of Chartered Capital at that time.

  • 2014

    10 branches and transaction officesReceived Merit Certificate of Governor of State Bank of Vietnam for having excellent performance in 2012 – 2013

  • 2016

    18 branches and transaction officesReceived 2015 Golden Dragon Award from Vietnam Economy Times.

  • 2017

    26 branches and transaction officesAcquired ANZ Vietnam’s retail banking business segment with 8 more branches and transaction offices of ANZ.

  • 2018

    30 branches and transaction officesOpened 4 new branches and transaction offices in Ha Noi and Ho Chi Minh City in April 2018.

  • 2019

    36 branches and transaction officesOpened 6 new branches and transaction offices in Ho Chi Minh, Da Nang, Ha Noi, Hai Phong, Ha Nam and Binh Duong

  • 2020

    41 Branches and Transaction Offices nationwide Completed three Basel II pillars sooner than the schedule as required by the State Bank of Vietnam

  • 2021

    43 Branches and Transaction Offices nationwide Opened Que Vo Branch in Bac Ninh and Thong Nhat Transaction Office in Dong Nai

  • 2022

    46 Branches and Transaction Offices nationwide Opened Hoang Mai Branch in Hanoi, Tan Phu Transaction Office, and Phan Van Tri Transaction Office in Ho Chi Minh Citi