Tag - Shinhan Financial outsmarts rivals in profits

Shinhan Financial outsmarts rivals in profits, assets

Shinhan Financial Group was by far the top earner among the country’s seven bank holding companies last year, while NH Financial Group was the only one in the red. According to data compiled and released Wednesday by the Financial Supervisory Service, Shinhan’s net profits came in at 2.41 trillion won ($2.08 billion) in 2015, far exceeding the figure of runner-up KB Financial Group. KB logged net income of 1.7 trillion won, followed by Hana Financial Group at 897 billion won. Shinhan [...]