SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the Month of December 2004 SHINHAN FINANCIAL GROUP CO., LTD. (Translation of registrant's name into English) 120, 2-Ga, Taepyung-Ro, Jung-Gu, Seoul 100-102, 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 X Form 40-F ----- ----- Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _______ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _______ Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X ----- ----- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______. ISSUANCE OF EUROPEAN CALLABLE EMTN BY SHINHAN BANK On December 1, 2004, Shinhan Bank, one of our major banking subsidiaries, decided to issue Euro Medium Term Notes (the "Notes") in the aggregate principal amount of USD 50,000,000. The Notes are scheduled to be issued on December 8, 2004. The following is a detailed summary of terms and conditions of the issuance of the Notes. 1. Issuer : Shinhan Bank 2. Dealer : BNP Paribas 3. Principal Amount : USD 50,000,000 4. Trade Date : December 1, 2004 5. Payment Date : December 8, 2004 6. Maturity Date : December 8, 2007 7. Issue Price : 100.00% 9. Upfront Fees : 0.06% 8. Redemption Price : 100.00% 9. Coupon : USD 6-month LIBOR plus 32 basis points 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. By /s/ Byung Jae Cho ----------------------------------- Name: Byung Jae Cho Title: Chief Financial Officer Date : December 2, 2004