Shinhan denies reports of Lotte Insurance deal

Shinhan Financial Group has formally denied media reports that it is in the process of acquiring Lotte Insurance.

Accepted by SEC EDGAR 09/12/2025 - 06:18 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Shinhan Financial Group has formally denied media reports that it is in the process of acquiring Lotte Insurance. In this report for foreign private issuers, the company states that press coverage suggesting it is currently undergoing an acquisition process of Lotte Insurance is not true.

FAQ

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What did Shinhan Financial Group (SHG) state about acquiring Lotte Insurance?

Shinhan Financial Group stated it is not currently undergoing an acquisition process of Lotte Insurance. The company issued a formal clarification after some media outlets reported that such an acquisition process was underway, explicitly saying those reports are not true.

Why did Shinhan Financial Group (SHG) file this 6-K report?

Shinhan Financial Group filed this 6-K to respond to and correct press reports about a potential acquisition of Lotte Insurance. The company used the filing to clearly state that media claims of an ongoing acquisition process are inaccurate and untrue.

When did Shinhan Financial Group (SHG) issue its clarification on Lotte Insurance?

Shinhan Financial Group issued its clarification on September 12, 2025. On that date, it stated that reports claiming the group was undergoing an acquisition process of Lotte Insurance were incorrect, making the denial part of its official regulatory disclosure.

Does this 6-K mean Shinhan Financial Group (SHG) will never acquire Lotte Insurance?

The 6-K states only that Shinhan Financial Group is not currently undergoing an acquisition process of Lotte Insurance. It clarifies the inaccuracy of existing media reports, without commenting on any future strategic possibilities or potential transactions.

Who signed the Shinhan Financial Group (SHG) 6-K clarification filing?

The 6-K clarification was signed on behalf of Shinhan Financial Group by CHUN Sang Yung, the company’s Chief Financial Officer. This signature indicates that a senior executive authorized the formal denial of the reported Lotte Insurance acquisition process.

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

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

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FORM 6-K

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REPORT OF FOREIGN PRIVATE ISSUER

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the Month of September 2025

Commission File Number: 001-31798

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SHINHAN FINANCIAL GROUP CO., LTD.

(Translation of registrant's name into English)

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

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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 

Response to Press Report

On September 12, 2025, in response to press report regarding Shinhan Financial Group, some media outlets reported that Shinhan Financial Group is currently undergoing acquisition process of Lotte Insurance. In this regard, Shinhan Financial Group hereby clarifies that such reports are not true.

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: September 12, 2025				By:		/s/ CHUN Sang Yung
				Name: CHUN Sang Yung
				Title: Chief Financial Officer