Shinhan Bank Opens "SOL Cluster" in Jeonnam Gwangju

Full-scale Launch of Regional-Corporate Financial Platform
Inclusive Finance Boosted Through Local Talent Recruitment and Social Project Development

On July 15, Shinhan Bank announced the launch of the "Shinhan SOL Cluster" in the Jeonnam Gwangju Integrated Special City, formally initiating a public-private partnership system for financial support that links regional strategic industries with corporate sites.

On the 15th, key officials are posing for a commemorative photo at the opening ceremony of the "Shinhan SOL Cluster Jeonnam Gwangju" held at Shinhan Bank Gwangju Financial Center in Buk-gu, Gwangju. (From left) Changju An, CEO of Gwangju Center for Creative Economy and Innovation; Seokgi Seon, Administrator of Jeonnam Gwangju Free Economic Zone Authority; Jinseok Yang, Chairman of Gwangju Employers Association; Sangwon Han, Chairman of the Gwangju Chamber of Commerce and Industry; Gwangwan Ko, Deputy Mayor for Culture and Industry of Jeonnam Gwangju Integrated Special City; and Junghyuk Jung, President of Shinhan Bank. Provided by Shinhan Bank

The opening ceremony was attended by Sanghyuk Jung, President of Shinhan Bank, Gwangwan Ko, Deputy Mayor for Culture and Industry of Jeonnam Gwangju Integrated Special City, Seokgi Sun, Commissioner of Jeonnam Gwangju Free Economic Zone Authority, Sangwon Han, Chairman of Gwangju Chamber of Commerce and Industry, and other prominent regional figures.

The "Shinhan SOL Cluster" is a regional financial platform that discovers companies based on strategic local industries and provides comprehensive support, ranging from the diagnosis of funding needs to the implementation of financial support, policy finance, and the coordination of group affiliates. Going beyond simple loan support for individual businesses, the platform seeks to proactively identify high-potential companies and new projects by monitoring industrial changes and investment plans in the region.

In particular, "Shinhan SOL Cluster Jeonnam Gwangju" has selected artificial intelligence (AI), semiconductors, future mobility, and energy as its core industries for support. Depending on the stage of growth and business characteristics of these innovation sector companies, Shinhan Financial will provide support through a range of financial services, including operating funds, facility investment, supply chain and export finance, as well as investment banking, capital market solutions, and corporate consulting.

To this end, Shinhan Bank has deployed specialized relationship managers (RMs) with expertise in industry and corporate finance, along with professional credit officers from the corporate loan screening department, to the field. Together with the regional headquarters and local branches, these teams will identify companies, review funding needs and risks from the initial consulting phase, and, when necessary, liaise with specialist departments at headquarters, other group companies, and policy finance institutions to enhance the effectiveness of financial support.

President Jung stated, "We will look beyond individual companies to examine entire industrial supply chains, practicing finance that anticipates the future of industries and the growth potential of companies. We aim to be a strong financial partner for Jeonnam Gwangju as it evolves into an 'overwhelmingly growing and inclusive special city' by providing optimized, integrated financial solutions tailored to the region."

This content was produced with the assistance of AI translation services.