Tuesday, December 28, 2010

Shinhan Bank opens third branch in India

South Korean lender Shinhan Bank has opened their third branch in India. The third branch of the bank was inaugurated last week at Walajapet, in Vellore district in Tamil Nadu.

According to an official, the bank will offer a lot of banking products to the customers including term loan, working capital through the corporate branch recently opened.

Shinhan Bank is a flagship company of Shinhan Financial group that belongs to South Korea. The bank was established in 1897 and has more than 18.7 million client base with a total asset base of $ 211.30 billion.

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