Shinhan Life Vietnam

With total assets of around KRW 460 trillion, Shinhan Financial Group (“SFG”) has 16 subsidiaries and 28 grandson companies. SFG has a diversified portfolio operating in banking, credit card, securities, insurance, and so on. With 30 years of history in Korea, Shinhan Life currently stays at upper-middle rank in life insurance industry in Korea. Shinhan Life has achieved the first achievement in its overseas expansion strategy in Vietnamese market. Shinhan Life Vietnam has been granted License for establishment and operation by the Ministry of Finance since 8th Feb 2021; plans to soft landing in the Vietnam market by January 2022 through sales diversifications such as face-to-face sales and non-face-to-face sales (Tele Marketing, online, etc.) based on synergy sales (banca, group) among local group subsidiaries.