Latest Shinhan News & Updates

Seoul, May 10 (IANS) Individuals’ overdraft credit loans at major commercial banks have climbed to their highest level in more than three years as investors seek funds for stock investments amid a bullish market, data showed on Sunday.The balance of personal overdraft loans, so-called “minus accounts,” at South Korea’s five major banks — KB Kookmin, Shinhan, Hana, Woori and NH Nonghyup — stood at 40.5 trillion won (US$27.64 billion) as of Thursday.Based on month-end figures, it marks the large…