Shinhan Bank Launches 'Employee Stock Ownership & Stock Option Concierge Banking' Service

[Asia Economy Reporter Kwangho Lee] Shinhan Bank announced on the 18th that it will implement the 'Employee Stock Ownership & Stock Option Concierge Banking' service to provide professional asset management for employee stock ownership and stock options.

The Employee Stock Ownership & Stock Option Concierge Banking service offers customized solutions from Shinhan Financial Group's expert team to employees of listed companies and MZ generation young wealthy clients who require large-scale asset management due to the recent steady growth of the domestic stock market and the revitalization of the initial public offering (IPO) market.

For clients holding assets including employee stock ownership and stock options worth 1 billion KRW or more, a team composed of banking and securities experts provides specialized consultations in areas such as taxation, real estate, asset management, and stocks, along with tailored solutions necessary for all stages from acquisition, holding, trading, gifting, to transfer of employee stock ownership and stock options.

This service can be applied for through the 'Premier Lounge' menu on Shinhan SOL, the 'Asset Management Expert Consultation' on the Shinhan SOL MY Asset platform, and Shinhan Bank branches. Asset management consultations are conducted at 26 Shinhan Bank PWM Centers nationwide.

A Shinhan Bank official stated, "Before the official service launch, the pilot operation targeting asset owners holding employee stock ownership and stock options received great customer response," adding, "Through Employee Stock Ownership & Stock Option Concierge Banking, we plan to showcase Shinhan Financial's differentiated asset management services."