Shinhan Financial: Lotte Insurance acquisition not finalized

Shinhan Financial Group issued a disclosure in response to media reports about a potential acquisition of Lotte Insurance. The company confirmed it is reviewing various measures to enhance its non-bank competitiveness but stated that no decisions have been finalized regarding the acquisition of Lotte Insurance at this time. The matter remains under review, and Shinhan Financial Group will provide an additional disclosure once details are determined or within one month.