Source : BL :Chennai, Dec. 27,2010
Shinhan Bank of South Korea has opened a branch in Tamil Nadu, it's third in India.
According to a press release from the bank, the flagship company of the Shinhan financial group of South Korea, the branch was inaugurated last week at Walajapet, in Vellore district.
Client base
Shinhan Bank, established in 1897, has a client base of more than 18.7 million with a total asset base of $211.30 billion (including Trust).
The bank will offer a bouquet of banking products. According to an official, this will be a corporate branch offering a range of services and tailor-made products including term loans, working capital and trade finance.
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