Financing ·
On July 23, 2026, Shinhan Financial Group's board resolved to issue KRW-denominated Write-down Contingent Capital…
SHGShinhan Financial Group Co Ltd
On July 23, 2026, Shinhan Financial Group's board resolved to issue KRW-denominated Write-down Contingent Capital Securities (Basel III Additional Tier 1 Capital) totaling KRW 270 billion, with a potential increase up to KRW 400 billion depending on demand. These perpetual securities include call options for redemption starting after 5 years and a write-off trigger if the company is designated as an insolvent financial institution. Shinhan Financial Group is a financial services company based in South Korea.