Monday, March 13, 2017

Shinhan Bank, Korea Federation of Small and Medium Business Storage • custodian bank selection



[Korea sinyuncheol financial newspaper reporter] Shinhan Bank kept the yellow umbrella fund deduction of assets, including the Korea Federation of Small and Medium Business deductions ∙ said 13 days dwaetdago selected as depositary bank.

Shinhan Bank is supporting the storage of the Federation of Small Business Deduction January ∙ asset brokerage business consignment bid selected four primary quantitative assessment, the final selection was entrusted to the bank through a qualitative secondary evaluation proposals at the end of the last session.

By Korea Federation of Small and Medium Business Deduction Custodian ∙ brokerage agreement with Shinhan Bank was in charge of small businesses ∙ livelihood and retirement investment Custodian of life support yellow umbrella deductible funds and deductible assets that are operated for the purpose of small business, management, operation indication implementation, etc. Shinhan Bank will perform a three-year role as custodian bank March 20, 2020, through the procedures from existing assets yisugwan custodian bank.

The trustee assets, including yellow umbrella fund deduction of the end of 2016 and 5.6 one trillion won over the seven one trillion won in 2017, the 2019 is expected to reach 11 trillion.

Shinhan Bank official "support for customized tasks entrusted to the yellow umbrella fund deductions that small business owners can warm the umbrella of the Small Business ∙ doegetda the custodian bank that benefits both Korea Federation of Small and Medium Business and Small Business ∙ small business," he said.





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