SHINHAN BANK EUROPE GmbH (Germany)

Address

An der Welle 7, 60322, Frankfurt am Main, Germany

BIC

SHBKDEFFXXX

Overview

Business Focus

corporate banking

Founded in 1897 as Hanseong Bank, Shinhan Bank is the oldest bank in the Republic of Korea. In South Korea Shinhan Bank provides retail and corporate banking products and services. SHINHAN BANK EUROPE GmbH is focused on corporate finance products and services including corporate loans and deposits, trade finance, remittance and refinancing. SHINHAN BANK EUROPE GmbH serves Korean expats, Korean and German companies.

Performance

In 2022, SHINHAN BANK EUROPE GmbH achieved the position of 754th largest bank in Germany with a market share of 0.01%; its total assets grew by 45.82%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in SHINHAN BANK EUROPE GmbH.

Market Share (#754 in Germany)

Market Share of SHINHAN BANK EUROPE GmbH

Ratios

RoA

0.40%

L/D

106.73%

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Financials

Total Assets of SHINHAN BANK EUROPE GmbH

Total Assets (2023)

762.94 mln EUR (-13.48%)

Net Income (2023)

7.35 mln EUR (+145.01%)

In 2023 total assets of SHINHAN BANK EUROPE GmbH were 762.94 mln EUR. In 2023 the bank's net income was 7.35 mln EUR.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Entschädigungseinrichtung deutscher Banken GmbH (EdB)

Covered Accounts

all deposit accounts

Eligible Depositors

individuals
companies

SHINHAN BANK EUROPE GmbH protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Entschädigungseinrichtung deutscher Banken GmbH (EdB), making regular contributions into it.