SEOUL, Jan. 27 (Yonhap) -- Shinhan Bank Co., the flagship unit of South Korea's No. 4 lender Shinhan Financial Group Co., will seek to expand its foothold in Asia this year as part of an effort to grow amid a saturated domestic market, its chief said Sunday.

"We'll boost the portion of overseas profit to 10 percent (of the total) by 2015 from the current 6 percent through pre-empting the Southeast Asian emerging market, following the takeover of an Indonesian bank," Suh Jin-won, the president of Shinhan Bank, told Yonhap News Agency in an interview.