Shinhan Financial Group Announces 130 Billion KRW Unsecured Bond Issuance for Operational Funding, Maintains Shareholder Return Policy
Shinhan Financial Group is issuing AAA-rated unsecured bonds totaling 130 billion KRW, comprising 100 billion KRW for series 188-1 and 30 billion KRW for series 188-2. The proceeds will be used for operating purposes including personnel costs, expenses, and bond interest.
The company maintains strong capital adequacy with a consolidated BIS capital ratio of 15.72% as of Q1 2026. Its non-performing loan ratio stands at 0.81%, reflecting stable asset quality.
Shinhan continues its active shareholder return policy with a year-end cash dividend of 2,590 won per share for fiscal 2025 and a 700 billion KRW share buyback program. A quarterly dividend of 740 won per share for Q1 2026 has been declared.
[AI Summary]This bond issuance raises operating funds without equity dilution, limiting negative impact on existing shareholder value. Given Shinhan Financial Group's AAA credit rating and solid financial structure, its debt servicing capability is excellent, and the issuance rate was set competitively relative to market conditions.