Shinhan Bank, RSQUARE sign strategic deal for prop-tech services


Shinhan Bank Vietnam Limited and RSQUARE commercial prop-tech company have become strategic partners to offer customers property-related and financial services.

Kang Gew Won, CEO of Shinhan Bank Vietnam, and Lee John Woo, CEO of RSQUARE, at the strategic partnership signing ceremony. — Photo courtesy of the bank

Shinhan Bank Vietnam Limited and RSQUARE commercial prop-tech company have become strategic partners to offer customers property-related and financial services.

RSQUARE is a leading prop-tech company in Korea.

In June 2021 RSQUARE opened a Vietnamese branch and is updating its database of more than 15,000 commercial places through monthly full-scale surveys in HCM City, Ha Noi and industrial areas across the country.

Under the deal, RSQUARE will provide Shinhan Bank’s corporate customers with sales and market price information about factories, offices and warehouses, brokerage services, property management services, interior design, and residential services for employees.

The two sides expect to provide quick and transparent property information to corporate customers seeking to set up a business in Viet Nam.

Kang Gew Won, the CEO of the bank, said, “The strategic partnership between Shinhan Bank and RSQUARE aims to provide customers with a modern and reputable property platform with diverse services and products, which will enable customers to research and find quality products.”

Lee John Woo, CEO of RSQUARE, said: “RSQUARE and Shinhan Bank will collaborate to provide customers with the most up-to-date information resources and the highest level of services, as well as quality and reputable warehouse rental products and services.

“This will also serve as a stepping stone for Korean businesses interested in entering the Vietnamese market in future.” — VNS

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