trending Market Intelligence /marketintelligence/en/news-insights/trending/rvs3IbM9xdvqL2QM3IFplA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Report: Shinhan Financial backs out from Internet bank consortium

Mining by the Numbers — Canada in 2020

Asia-Pacific Subscription OTT Video 5-Year Outlook

European Subscription OTT Video 5 Year Outlook

Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019


Report: Shinhan Financial backs out from Internet bank consortium

South Korea's Shinhan Financial Group Co. Ltd. has withdrawn its participation in a digital-only bank consortium led by Viva Republica Co Ltd., operator of the Toss mobile peer-to-peer payment platform, The Chosun Ilbo reported.

Shinhan Financial dropped its proposal to become the second-largest shareholder of the would-be Internet bank at the request of Viva Republica, over disagreements relating to how the digital lender would be run, the report said.

The Financial Services Commission will start accepting applications for a third Internet bank license from March 26.

Another consortium, comprising Kiwoom Securities Co. Ltd., Hana Financial Group Inc. and SK Telecom Co. Ltd., is also expected to apply for a license.