Shinhan Financial Group to sell its ownership shares in SH&CShare Purchase Agreement • April 24th, 2009 • Shinhan Financial Group Co LTD • National commercial banks
On April 23, 2009, Shinhan Financial Group has signed a contract in which the group agreed to sell its currently held 4,700,001 SH&C shares, a 50% + 1 owned insurance subsidiary, to BNP Paribas Assurance and Shinhan Bank, the group’s 100% owned bank subsidiary.
