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Shinhan Bank signs digital finance business agreement with Khan Bank of Mongolia www.korea.postsen.com
Shinhan Bank announced on the 8th that it has signed a strategic business agreement with Mongolia’s largest bank, Khan Bank, to promote digital finance.
Established in 1991, Khan Bank operates over 540 branches throughout Mongolia, and is the largest commercial bank in Mongolia, used by about 80% of Mongolia’s total population.
Recently, Khan Bank set ‘digital innovation’ as its strategic goal to promote digital-based banking innovation and chose Shinhan Bank as its benchmark.
Key executives and board of directors visited Shinhan Bank twice last year to experience various cases of digital innovation, including the futuristic store model ‘Digilog Branch’. Go’ was newly established in Mongolia.
Khan Bank then asked Shinhan Bank to share its know-how on overall digital finance, including △digital strategy △innovative service △ICT system.
Through this business agreement, the two companies plan to promote active collaboration in various fields, such as △sharing customer-centered digital innovation services and strategies △supporting organic customer experience design between online and offline channels △consulting on the establishment of innovative digital infrastructure linked to the financial system. made with
An official from Shinhan Bank said, “This business agreement with Khan Bank of Mongolia is significant in that Shinhan Bank’s differentiated digital financial services have been recognized not only in Korea but also abroad.” I will promote it,” he said.
Meanwhile, Shinhan Bank cooperated with Kiraboshi Financial Group in establishing a mobile specialized bank in 2022 by providing digital technology such as a non-face-to-face service model and a mobile banking app along with digital transformation consulting to Tokyo Kiraboshi Financial Group.
Published Date:2023-05-08
