Shinhan Bank Vietnam, a subsidiary of South Korea's Shinhan

Shinhan Bank Vietnam, a subsidiary of South Korea's Shinhan Bank, is top foreign bank in Vietnam


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Shinhan Bank Vietnam is the top foreign bank in Vietnam in terms of the number of networks it has in the country. Photo=Shinhan Bank
Shinhan Bank Vietnam, a subsidiary of South Korea's Shinhan Bank, is top foreign bank in Vietnam
ANI |
Updated: May 11, 2021 11:38 IST
Seoul [South Korea], May 11 (ANI/Global Economic): South Korea's leading bankShinhan Bank has also cemented itself as the No. 1 foreign bank in Vietnam.
With 41 networks in operation, Shinhan BankVietnam Ltd operates the largest number of local networks out of foreign banks in Vietnam, according to commercial banks on May 5. As of the end of 2020, Shinhan Bank has 161 overseas networks in 20 countries, so 25.4% of the bank's networks are concentrated in Vietnam. The heavy concentration of Shinhan Bank's overseas business in Vietnam also implies that the banking business in the country is growing rapidly.

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