[Ad Hoc Asset Disclosure] Bank of Korea Governor Shin Hyun Song Reports 8.22 Billion Won in Assets in First Declaration Since Taking Office

Owns Apartment in Gangnam, Officetel in Sinmunno, and Property in the United States

Spouse Holds 3.28 Billion Won in Deposits and Financial Accounts

Shin Hyun-song, Governor of the Bank of Korea, reported total assets of 8,224,091,000 won under his and his family members’ names. Deposits and financial account assets were the largest component at 4,605,528,000 won, followed by real estate at 3,589,364,000 won and securities at 29,199,000 won.

Shin Hyun-song, Governor of the Bank of Korea, is holding the gavel at the Monetary Policy Committee main meeting held at the Bank of Korea in Jung-gu, Seoul on the morning of July 16, 2026. Photo by Joint Press Corps

According to the government officials' ethics committee’s July special asset disclosure published on July 24, Shin declared an exclusive-use apartment (84.92㎡) in Donghyeon Apartment Complex, Nonhyeon-dong, Gangnam-gu, Seoul at 1,509,000,000 won. This asset report was filed in April, when Shin took office; it is known that in the meantime, both he and his spouse sold and exchanged foreign currency assets and brought the funds into Korea, and they also disposed of domestic properties such as officetels.

Governor Shin and his spouse each own half of an officetel in Sinmunno 2-ga, Jongno-gu, Seoul, each valued at 900,000,000 won. His spouse's share in an apartment located in Evanston, Illinois, United States, was also reported at 280,364,000 won. The total real estate declaration for Shin’s family amounts to 3,589,364,000 won.

Deposits and financial account assets stand at 1,174,256,000 won for Shin himself, 3,282,381,000 won for his spouse, and 148,891,000 won for his eldest son. In addition to Korean financial institutions, accounts at international firms such as Vanguard, UBS, and Princeton Federal Credit Union in the United States, the United Kingdom, and Switzerland were also included.

The reported securities were overseas listed stocks in the name of his eldest son, valued at 29,199,000 won. He declared shares in companies related to defense and energy such as Babcock International, Leonardo, Rheinmetall, and Siemens Energy.

Governor Shin did not report any liabilities or virtual assets. The total assets, including real estate, deposits, and securities, amount to 8,224,091,000 won.

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