Shinhan Financial plans merger of asset units

Shinhan Financial Group Co., Ltd. reports that the boards of directors of its wholly-owned subsidiaries Shinhan Asset Trust Co., Ltd. and Shinhan REITs Management Co., Ltd. approved a merger between the two entities on July 30, 2026.

Rhea-AI Filing Summary

Shinhan Financial Group Co., Ltd. reports that the boards of directors of its wholly-owned subsidiaries Shinhan Asset Trust Co., Ltd. and Shinhan REITs Management Co., Ltd. approved a merger between the two entities on July 30, 2026. Shinhan Asset Trust will be the Surviving Company, while Shinhan REITs Management will be the Dissolving Company.

The transaction is expected to be submitted for approval at the general meetings of shareholders of both companies on August 14, 2026. The merger’s expected completion and effective date is January 1, 2027, described as tentative and subject to required regulatory approvals, so the actual effective date may change.

Key Figures

Board approval date: July 30, 2026 Shareholder meeting date: August 14, 2026 Expected effective date: January 1, 2027 (tentative)

3 metrics

Board approval date July 30, 2026 Boards of Shinhan Asset Trust and Shinhan REITs Management approved the merger

Shareholder meeting date August 14, 2026 Expected general meetings of shareholders to approve the merger

Expected effective date January 1, 2027 (tentative) Target completion and effective date of the merger, subject to regulatory approvals

Key Terms

Surviving Company, Dissolving Company, general meetings of shareholders, regulatory approvals, +1 more

5 terms

Surviving Company regulatory

"1. Surviving Company after the Transaction: Shinhan Asset Trust"

Dissolving Company regulatory

"Shinhan REITs Management Co., Ltd. (the “Dissolving Company”)"

general meetings of shareholders regulatory

"approved at the general meetings of shareholders of each of Shinhan Asset Trust"

regulatory approvals regulatory

"Completion of the Transaction is subject to regulatory approvals"

Regulatory approvals are official permissions from government agencies that a company needs before launching a new product, service, or business activity. They matter because without this approval, the company might not be allowed to operate legally or sell its products, similar to how a driver needs a license to legally drive a car.

effective date regulatory

"Expected completion date of the Transaction(effective date): January 1, 2027 (tentative)"

The effective date is the specific calendar day when a contract, regulatory action, corporate change, or financial disclosure officially begins to apply and take legal or operational effect. For investors, it marks the moment rules, obligations, ownership, pricing, or reporting change—similar to the exact minute a light switch is flipped—so it determines when rights, liabilities, or market impacts start and which periods or transactions are affected.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What merger did Shinhan Financial Group (SHG) announce in this 6-K?

Shinhan Financial Group reported board approval for a merger between Shinhan Asset Trust and Shinhan REITs Management, both wholly-owned subsidiaries. Shinhan Asset Trust will remain as the surviving company, while Shinhan REITs Management will be dissolved after completion.

Which company will be the surviving entity in SHG’s subsidiary merger?

The surviving entity will be Shinhan Asset Trust Co., Ltd., identified as the “Surviving Company.” Shinhan REITs Management Co., Ltd. is designated as the “Dissolving Company” and will be absorbed into Shinhan Asset Trust upon the merger’s effectiveness.

When are shareholder approvals for the Shinhan Financial Group (SHG) merger expected?

Shareholder approvals are expected at the general meetings of shareholders of both Shinhan Asset Trust and Shinhan REITs Management on August 14, 2026. These meetings are a key step toward completing the merger of the two subsidiaries.

What is the expected effective date of the Shinhan Asset Trust and Shinhan REITs Management merger?

The merger’s expected completion and effective date is January 1, 2027 (tentative). The timing is explicitly stated as subject to regulatory approvals, meaning the effective date could change depending on the approval process.

Are regulatory approvals required for Shinhan Financial Group’s (SHG) internal merger?

Yes. Completion of the merger between Shinhan Asset Trust and Shinhan REITs Management is subject to regulatory approvals. The filing notes that because of this requirement, the tentative January 1, 2027 effective date may be adjusted.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/30/2026 - 06:17 AM Accepted by SEC EDGAR 07/30/2026 - 06:17 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

———————————

FORM 6-K

———————————

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the Month of July 2026

Commission File Number: 001-31798

———————————

SHINHAN FINANCIAL GROUP CO., LTD.

(Translation of registrant's name into English)

———————————

20, Sejong-daero 9-gil, Jung-gu, Seoul 04513, Korea
(Address of principal executive offices)

———————————

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  Form 40-F 

Approval of merger between Shinhan Asset Trust and Shinhan REITs Management

On July 30, 2026, the board of directors of each of Shinhan Asset Trust Co., Ltd. (the “Surviving Company”), a wholly-owned subsidiary of Shinhan Financial Group Co., Ltd., and Shinhan REITs Management Co., Ltd. (the “Dissolving Company”), another wholly-owned subsidiary of Shinhan Financial Group Co., Ltd., have resolved to approve the merger between Shinhan Asset Trust and Shinhan REITs Management. The Transaction is expected to be approved at the general meetings of shareholders of each of Shinhan Asset Trust and Shinhan REITs Management on August 14, 2026.

The details of the Transaction are as follows:

1. Surviving Company after the Transaction: Shinhan Asset Trust

2. Expected completion date of the Transaction(effective date): January 1, 2027 (tentative)
- Completion of the Transaction is subject to regulatory approvals, and accordingly the date is subject to change.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				Shinhan Financial Group Co., Ltd.
				(Registrant)
Date: July 30, 2026				By:		/s/ JANG Jeong Hoon
				Name: JANG Jeong Hoon
				Title: Chief Financial Officer