Shinhan Indonesia History

2007
2008
2010
2011
2013
2014
2015
2016

2007

April

Started M & A in Indonesia

2008

January

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2010

January

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2011

January

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2013

January

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2014

January

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2015

January

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January

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January

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January

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August

Accuired 40% shares of Bank Metro Express (BME)

November

Accuired 50% more of BME shares and 800bn IDR capital injection from Headquarter

December

Accuired 75% shares of Centratama Nasional Bank (CNB)

2016

March

Bank Metro Express changed name to Bank Shinhan Indonesia

December

Accuired 100% CNB shares and finalize the M&A process