Following the deal, Shinhan Bank extends its reach into Canada with a primary focus on serving the country’s growing Korean population. Everlink will provide Shinhan Bank Canada with gateway transaction switching, ATM driving, device monitoring and card processing services. The bank has received approvals from the Office of the Superintendent of Financial Institutions for commencing operations in Canada and is establishing its head office in Toronto. The bank also plans to operate ATMs at each branch as well as open several branches throughout Toronto and Vancouver. Shinhan is headquartered in Seoul, South Korea and has locations throughout nine countries.
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