Shinhan Bank is based in Seoul, Korea. Shinhan Bank is a subsidiary of Shinhan Financial Group Co., Ltd. and is listed on the KOSPI and NYSE. Shinhan Bank was established in 1982. In 2006, Shinhan acquired Chohung Bank, the oldest bank in Korea. Now Shinhan is Korea’s largest bank in terms of Net Income with have 18 million customers in Korea. The bank is just one subsidiary of the Shinhan Financial Group which includes: consumer finance, securities, insurance, asset management, and others. Shinhan has a diverse, yet focused understanding of the Korean and global financial market. In March 2010, Shinhan Bank opened the SHINHAN BANK SEOUL GLOBAL CENTER. A branch located downtown Seoul in the Seoul Finance Center that provides exclusive banking for foreigners and foreign companies in Korea.