Contingent Liabilities and Commitments (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Disclosure of contingent liabilities [abstract] |
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| Details of guarantees |
| (1) |
Details of guarantees are as follows (Unit: Korean Won in millions): |
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| Confirmed guarantees |
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| Guarantee for loans |
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60,571 |
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69,961 |
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| Acceptances |
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617,599 |
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495,942 |
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| Guarantees in acceptances of imported goods |
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75,265 |
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66,879 |
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| Other confirmed guarantees |
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10,337,850 |
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10,831,684 |
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| Sub-total |
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11,091,285 |
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11,464,466 |
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| Unconfirmed guarantees |
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| Local letters of credit |
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167,580 |
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161,120 |
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| Letters of credit |
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3,213,170 |
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2,615,813 |
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| Other unconfirmed guarantees |
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1,558,187 |
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1,331,305 |
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| Sub-total |
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4,938,937 |
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4,108,238 |
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| Commercial paper purchase commitments and others |
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581,040 |
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497,394 |
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16,611,262 |
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16,070,098 |
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| (*) |
Includes financial guarantees of 4,156,790 million Won and 5,032,808 million Won as of December 31, 2024 and December 31, 2025, respectively. |
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| Disclosure of commitments |
| (2) |
Details of unused loan commitments and others are as follows (Unit: Korean Won in millions): |
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| Loan commitments |
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133,863,588 |
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134,286,067 |
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6,564,353 |
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10,205,741 |
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| (*) |
As of December 31, 2024 and 2025, the amount of unsecured bills (purchase bills sales) and discounts on electronic short-term bond sales (purchase) are 1,992,030 million Won and 4,399,729 million Won, respectively. |
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| Disclosure of obligations related to guaranteed completion |
|
1) |
The obligations related to guaranteed completion with trust business as of December 31, 2025, are as follows (Unit: Korean Won in millions): |
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Responsibility for Completion |
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Initial PF
Commitment
Limit |
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Amount of
unused PF
limit (*4) |
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Amount
of Trust
Account
Limit
(*4) |
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Responsible completion land trust (*1) |
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Our Responsibility for Completion Deadline Passed (including completed projects) |
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3 |
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200,000 |
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38,733 |
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55,013 |
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5,700 |
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5,685 |
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Our Obligation to Bear Responsibility for Completion (*2) |
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3 |
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98,499 |
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46,010 |
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97,066 |
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32,500 |
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14,586 |
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6 |
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298,499 |
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84,743 |
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152,079 |
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38,200 |
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20,271 |
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(*1) |
Responsible completion land trust is a trust in which the Woori Asset Trust Co., Ltd., subsidiary, is only liable to the lending financial institution for the completion guarantee obligation in case the contractor fails to fulfill the obligation. If the subsidiary is unable to fulfill the completion guarantee obligation, it is responsible for compensating the lending financial institution for any losses incurred. |
(*2) |
In redevelopment projects where the Korea Housing & Urban Guarantee Corporation guarantees project financing loans, the project operator is responsible for the completion guarantee obligation according to the standard project agreement terms of the Korea Housing & Urban Guarantee Corporation, but the completion guarantee period has not yet expired as of December 31, 2025. |
(*3) |
Since, for projects where it is highly likely that our subsidiary Woori Asset Trust will bear the responsibility for completion and where the possibility and amount of loss can be reliably estimated, these impacts have been reflected in the financial statements at the end of the current period. However, for projects where the risk of Woori Asset Trust bearing the completion guarantee obligations is considered low or where the possibility and amount of loss cannot be reliably estimated, these impacts have not been reflected in the financial statements at the end of the current period. |
(*4) |
The limit may be subject to change during the project progress due to reasons such as limit deductions. |
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