Is Shinhan Bank government owned?
Shinhan Bank is not a government-owned or state-run enterprise, but rather operates as a core banking subsidiary under its publicly traded parent holding company, Shinhan Financial Group. The financial group's shares are publicly listed on both the Korea Exchange and the New York Stock Exchange, traded widely by global institutional and retail investors. While South Korean financial authorities exercise strict regulatory supervision over all domestic banks, its ownership and governance structure are private and commercial.
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