Shinhan Bank Manila Branch - Establishment and Commencement of Operation

BANEKO SEXTNIL NO PILIPINAS OFFICE OF THE DEPUTY GOVERNOR SU PERVISION AND EXAMINATION SECTOR clRcutAR TETTER NO. Ct - 201s 'p€lt To : All Banks and Non-Bank Financial Institutions Subject : Shinhan Eank Manila Branch - Establishment and Commencement of Operation The Monetary Board, in its Resolution No. 451 dated 19 March 2015, approved the request of Shinhan Bank Co. Ltd., a Korea-based bank, for authority to establish a branch with commercial banking license in the Philippines. Shinhan Bank Manila Branch was registered with the Securities and Exchange Commission on 7 May 2015, The corresponding Certificate of Authority to Operate as commercial bank was issued by the Bangko Sentral ng Pilipinas on a 24 September 2015 and its operation started on 19 October 2015. For information and guidance. rU october 2015 ti A. Mabini St., Malate 1004 Manila, Philippines . (632) 708-7701 . www.bso.oov.oh ' bspmail@bsp,gov.ph