Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: November 20, 2003

For immediate release

The Federal Reserve Board on Thursday announced its approval of the application under the Bank Holding Company Act by Shinhan Financial Group Co., Ltd., Seoul, Korea, to become a bank holding company and to control CHB America Bank, New York, New York.

Attached is the Board's Order relating to this action.

Attachment (41 KB PDF)

2003 Orders on banking applications

Home | News and events
Last update: November 20, 2003