Related Party Transactions (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Disclosure of transactions between related parties [abstract] |
|
| Summary Of Assets And Liabilities From Transactions With Related Parties |
| (1) |
Assets and liabilities from transactions with related parties are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Associates |
|
W Service Networks Co., Ltd. |
|
Loans |
|
|
51 |
|
|
|
30 |
|
|
|
Deposits due to customers |
|
|
3,054 |
|
|
|
3,009 |
|
|
|
Accrued expenses |
|
|
86 |
|
|
|
7 |
|
|
|
Other liabilities |
|
|
339 |
|
|
|
316 |
|
|
|
|
|
|
|
|
Korea Credit Bureau Co., Ltd. |
|
Loans |
|
|
1 |
|
|
|
— |
|
|
|
Deposits due to customers |
|
|
780 |
|
|
|
2,615 |
|
|
|
Accrued expenses |
|
|
13 |
|
|
|
— |
|
|
|
|
|
Other liabilities |
|
|
— |
|
|
|
10 |
|
|
|
|
|
|
|
|
Korea Finance Security Co., Ltd. |
|
Loans |
|
|
3,225 |
|
|
|
3,435 |
|
|
|
Loss allowance |
|
|
(43 |
) |
|
|
(23 |
) |
|
|
Deposits due to customers |
|
|
1,145 |
|
|
|
2,138 |
|
|
|
Other liabilities |
|
|
3 |
|
|
|
1 |
|
|
|
|
|
|
|
|
LOTTE CARD Co. Ltd. |
|
Loans |
|
|
27,913 |
|
|
|
26,880 |
|
|
|
Account receivables |
|
|
21 |
|
|
|
35 |
|
|
|
Loss allowance |
|
|
(297 |
) |
|
|
(295 |
) |
|
|
Derivative assets |
|
|
1,075 |
|
|
|
564 |
|
|
|
Other assets |
|
|
49 |
|
|
|
256 |
|
|
|
Deposits due to customers |
|
|
20,207 |
|
|
|
22,869 |
|
|
|
Accrued expenses |
|
|
— |
|
|
|
39 |
|
|
|
Derivative liabilities |
|
|
— |
|
|
|
807 |
|
|
|
|
|
Other liabilities |
|
|
273 |
|
|
|
289 |
|
|
|
|
|
|
|
|
K BANK Co., Ltd. |
|
Loans |
|
|
18 |
|
|
|
17 |
|
|
|
Account receivables |
|
|
32 |
|
|
|
9 |
|
|
|
Cash and cash equivalents |
|
|
— |
|
|
|
192 |
|
|
|
Other assets |
|
|
— |
|
|
|
43 |
|
|
|
|
|
Other liabilities |
|
|
193,719 |
|
|
|
158,668 |
|
|
|
|
|
|
|
|
Others (*) |
|
Loans |
|
|
38,819 |
|
|
|
42,903 |
|
|
|
Loss allowance |
|
|
(273 |
) |
|
|
(139 |
) |
|
|
Other assets |
|
|
66,088 |
|
|
|
9,116 |
|
|
|
Deposits due to customers |
|
|
3,575 |
|
|
|
2,259 |
|
|
|
Other liabilities |
|
|
232 |
|
|
|
541 |
|
| (*) |
Others include IGEN2022No. 1 Private Equity Fund and etc., as of December 31, 2024 and 2025. |
|
| Gain Or Loss From Transactions With Related Parties |
| (2) |
Gain or loss from transactions with related parties are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
For the years ended
December 31 |
|
| Related parties |
|
Account title |
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Network Co., Ltd. |
|
Other income |
|
|
— |
|
|
|
35 |
|
|
|
37 |
|
|
|
|
|
Interest expenses |
|
|
35 |
|
|
|
37 |
|
|
|
30 |
|
|
|
|
|
Fees expenses |
|
|
552 |
|
|
|
483 |
|
|
|
280 |
|
|
|
|
|
Other expenses |
|
|
1,575 |
|
|
|
1,095 |
|
|
|
1,031 |
|
|
|
Korea Credit Bureau Co., Ltd. |
|
Interest expenses |
|
|
9 |
|
|
|
— |
|
|
|
10 |
|
|
|
|
|
Fees expenses |
|
|
4,047 |
|
|
|
3,986 |
|
|
|
5,228 |
|
|
|
|
|
Other expenses |
|
|
143 |
|
|
|
155 |
|
|
|
61 |
|
|
|
Korea Finance Security Co., Ltd. |
|
Interest income |
|
|
181 |
|
|
|
142 |
|
|
|
152 |
|
|
|
|
|
Interest expenses |
|
|
3 |
|
|
|
3 |
|
|
|
2 |
|
|
|
|
|
Provision (Reversal) of allowance for credit losses |
|
|
26 |
|
|
|
(32 |
) |
|
|
(22 |
) |
|
|
|
|
Other expenses |
|
|
33 |
|
|
|
25 |
|
|
|
25 |
|
|
|
LOTTE CARD Co., Ltd. |
|
Interest income |
|
|
10 |
|
|
|
1,586 |
|
|
|
1,525 |
|
|
|
|
|
Fees income |
|
|
4,164 |
|
|
|
4,019 |
|
|
|
4,103 |
|
|
|
|
|
Fees expenses |
|
|
— |
|
|
|
— |
|
|
|
1,382 |
|
|
|
|
|
Gain on derivatives |
|
|
— |
|
|
|
1,075 |
|
|
|
248 |
|
|
|
|
|
Loss on derivatives |
|
|
— |
|
|
|
457 |
|
|
|
1,318 |
|
|
|
|
|
Interest expenses |
|
|
5,665 |
|
|
|
4,127 |
|
|
|
2,593 |
|
|
|
|
|
Provision (Reversal) of allowance for credit loss |
|
|
(455 |
) |
|
|
11 |
|
|
|
15 |
|
|
|
K BANK Co., Ltd. |
|
Fees income |
|
|
190 |
|
|
|
269 |
|
|
|
171 |
|
|
|
|
|
Fees expenses |
|
|
339 |
|
|
|
— |
|
|
|
6 |
|
|
|
|
|
Other expenses |
|
|
— |
|
|
|
— |
|
|
|
2 |
|
|
|
|
|
Interest income |
|
|
682 |
|
|
|
844 |
|
|
|
2,233 |
|
|
|
|
|
Fees income |
|
|
15,295 |
|
|
|
53,562 |
|
|
|
32,348 |
|
|
|
|
|
Dividends income |
|
|
1,700 |
|
|
|
3,729 |
|
|
|
— |
|
|
|
|
|
Other income |
|
|
4,760 |
|
|
|
2,890 |
|
|
|
7,457 |
|
|
|
|
|
Interest expenses |
|
|
9,333 |
|
|
|
18,045 |
|
|
|
14,017 |
|
|
|
|
|
Other expenses |
|
|
836 |
|
|
|
1,612 |
|
|
|
— |
|
|
|
|
|
Provision (Reversal) of allowance for credit loss |
|
|
(27 |
) |
|
|
212 |
|
|
|
(264 |
) |
| (*) |
Others include Win Mortgage Co., Ltd. and etc., for the years ended December 31, 2023, 2024 and 2025. |
|
| Summary Of Major Loan Transactions With Related Parties |
(3) |
Major loan transactions with related parties for the years ended December 31, 2023, 2024 and 2025 are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
For the year ended December 31, 2023 |
|
| Related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Network Co., Ltd. |
|
|
120 |
|
|
|
483 |
|
|
|
495 |
|
|
|
— |
|
|
|
108 |
|
|
|
Korea Credit Bureau Co., Ltd. |
|
|
2 |
|
|
|
12 |
|
|
|
13 |
|
|
|
— |
|
|
|
1 |
|
|
|
Korea Finance Security Co., Ltd. |
|
|
3,433 |
|
|
|
2,911 |
|
|
|
3,116 |
|
|
|
— |
|
|
|
3,228 |
|
|
|
LOTTE CARD Co., Ltd. |
|
|
50,000 |
|
|
|
226,318 |
|
|
|
264,109 |
|
|
|
— |
|
|
|
12,209 |
|
|
|
K BANK Co., Ltd. |
|
|
3 |
|
|
|
218 |
|
|
|
167 |
|
|
|
— |
|
|
|
54 |
|
|
|
One Mortgage |
|
|
— |
|
|
|
262 |
|
|
|
247 |
|
|
|
— |
|
|
|
15 |
|
|
|
ARAM CMC CO.LTD |
|
|
— |
|
|
|
41 |
|
|
|
— |
|
|
|
— |
|
|
|
41 |
|
|
|
Godo Kaisha Oceanos 1 |
|
|
39,814 |
|
|
|
— |
|
|
|
— |
|
|
|
(1,693 |
) |
|
|
38,121 |
|
|
|
Woori Zip 1 |
|
|
11,819 |
|
|
|
— |
|
|
|
— |
|
|
|
(502 |
) |
|
|
11,317 |
|
|
|
Woori Zip 2 |
|
|
16,776 |
|
|
|
— |
|
|
|
— |
|
|
|
(713 |
) |
|
|
16,063 |
|
|
|
Central Network Solutions Co., Ltd. |
|
|
251 |
|
|
|
— |
|
|
|
251 |
|
|
|
— |
|
|
|
— |
|
(*) |
Payments that occurred for business reasons among related parties are excluded and net increase or decrease was used for limited credit loan. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
For the year ended December 31, 2024 |
|
| Related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Network Co., Ltd. |
|
|
108 |
|
|
|
475 |
|
|
|
532 |
|
|
|
— |
|
|
|
51 |
|
|
|
Korea Credit Bureau Co., Ltd. |
|
|
1 |
|
|
|
3 |
|
|
|
3 |
|
|
|
— |
|
|
|
1 |
|
|
|
Korea Finance Security Co., Ltd. |
|
|
3,228 |
|
|
|
2,705 |
|
|
|
2,708 |
|
|
|
— |
|
|
|
3,225 |
|
|
|
LOTTE CARD Co., Ltd. |
|
|
12,209 |
|
|
|
288,794 |
|
|
|
274,484 |
|
|
|
1,394 |
|
|
|
27,913 |
|
|
|
K BANK Co., Ltd. |
|
|
54 |
|
|
|
317 |
|
|
|
353 |
|
|
|
— |
|
|
|
18 |
|
|
|
Win Mortgage Co.,Ltd. |
|
|
15 |
|
|
|
243 |
|
|
|
250 |
|
|
|
— |
|
|
|
8 |
|
|
|
ARAM CMC CO.LTD |
|
|
41 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
41 |
|
|
|
Godo Kaisha Oceanos 1 |
|
|
38,121 |
|
|
|
— |
|
|
|
— |
|
|
|
649 |
|
|
|
38,770 |
|
|
|
Woori Zip 1 |
|
|
11,317 |
|
|
|
— |
|
|
|
11,227 |
|
|
|
(90 |
) |
|
|
— |
|
|
|
Woori Zip 2 |
|
|
16,063 |
|
|
|
— |
|
|
|
15,936 |
|
|
|
(127 |
) |
|
|
— |
|
| (*) |
Payments that occurred for business reasons among related parties are excluded and net increase or decrease was used for limited credit loan. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
For the year ended December 31, 2025 |
|
| Related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Network Co., Ltd. |
|
|
51 |
|
|
|
403 |
|
|
|
424 |
|
|
|
— |
|
|
|
30 |
|
|
|
Korea Credit Bureau Co., Ltd. |
|
|
1 |
|
|
|
3 |
|
|
|
4 |
|
|
|
— |
|
|
|
— |
|
|
|
Korea Finance Security Co., Ltd. |
|
|
3,225 |
|
|
|
2,052 |
|
|
|
1,842 |
|
|
|
— |
|
|
|
3,435 |
|
|
|
LOTTE CARD Co., Ltd. |
|
|
27,913 |
|
|
|
12,531 |
|
|
|
13,213 |
|
|
|
(351 |
) |
|
|
26,880 |
|
|
|
K BANK Co., Ltd. |
|
|
18 |
|
|
|
256 |
|
|
|
257 |
|
|
|
— |
|
|
|
17 |
|
|
|
Win Mortgage Co.,Ltd. |
|
|
8 |
|
|
|
250 |
|
|
|
240 |
|
|
|
— |
|
|
|
18 |
|
|
|
ARAM CMC CO.LTD |
|
|
41 |
|
|
|
— |
|
|
|
41 |
|
|
|
— |
|
|
|
— |
|
|
|
Godo Kaisha Oceanos 1 |
|
|
38,770 |
|
|
|
22,921 |
|
|
|
64,002 |
|
|
|
2,311 |
|
|
|
— |
|
|
|
Woori Real Estate Investment No. 1 Limited Liability Company |
|
|
— |
|
|
|
42,885 |
|
|
|
— |
|
|
|
— |
|
|
|
42,885 |
|
| (*) |
Payments that occurred for business reasons among related parties are excluded and net increase or decrease was used for limited credit loan. |
|
| Details Of Changes In Major Deposits Due To Customers With Related Parties |
| (4) |
Details of changes in major deposits due to customers with related parties for the years ended December 31, 2023, 2024 and 2025 are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
For the year ended December 31, 2023 |
|
| Related parties |
|
|
|
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Networks Co., Ltd |
|
|
1,200 |
|
|
|
1,000 |
|
|
|
1,200 |
|
|
|
1,000 |
|
|
|
Partner One Value Up I Private Equity Fund |
|
|
100 |
|
|
|
— |
|
|
|
100 |
|
|
|
— |
|
|
|
Korea Credit Bureau Co., Ltd. |
|
|
3,000 |
|
|
|
— |
|
|
|
3,000 |
|
|
|
— |
|
|
|
One Mortgage |
|
|
— |
|
|
|
1,200 |
|
|
|
600 |
|
|
|
600 |
|
| (*) |
Details of payment between related parties, demand deposit due to customers and etc. are excluded. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
For the year ended December 31, 2024 |
|
| Related parties |
|
|
|
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Networks Co., Ltd |
|
|
1,000 |
|
|
|
2,000 |
|
|
|
2,000 |
|
|
|
1,000 |
|
|
|
Win Mortgage Co., Ltd. |
|
|
600 |
|
|
|
2,266 |
|
|
|
1,479 |
|
|
|
1,387 |
|
| (*) |
Details of payment between related parties, demand deposit due to customers and etc. are excluded. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
For the year ended December 31, 2025 |
|
| Related parties |
|
|
|
|
|
|
|
|
|
|
|
|
| Associates |
|
W Service Networks Co., Ltd |
|
|
1,000 |
|
|
|
— |
|
|
|
— |
|
|
|
1,000 |
|
|
|
One Mortgage |
|
|
1,387 |
|
|
|
3,529 |
|
|
|
3,564 |
|
|
|
1,352 |
|
|
|
Korea Credit Bureau Co., Ltd. |
|
|
— |
|
|
|
1,000 |
|
|
|
— |
|
|
|
1,000 |
|
| (*) |
Details of payment between related parties, demand deposit due to customers and etc. are excluded. |
| (5) |
There are no major borrowing transactions with related parties for the years ended December 31, 2024 and 2025. |
|
| Summary Of Guarantees Provided To The Related Parties |
| (6) |
Guarantees provided to the related parties are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrantee |
|
|
|
|
|
|
|
|
|
| Korea Finance Security Co., Ltd. |
|
|
635 |
|
|
|
425 |
|
|
|
Unused loan commitment |
|
| Korea Credit Bureau Co., Ltd. |
|
|
34 |
|
|
|
35 |
|
|
|
Unused loan commitment |
|
| W Service Network Co., Ltd. |
|
|
129 |
|
|
|
150 |
|
|
|
Unused loan commitment |
|
| K BANK Co., Ltd. |
|
|
282 |
|
|
|
283 |
|
|
|
Unused loan commitment |
|
| LOTTE CARD Co., Ltd. |
|
|
498,400 |
|
|
|
478,300 |
|
|
|
Unused loan commitment |
|
| LOTTE CARD Co., Ltd. |
|
|
1,691 |
|
|
|
1,650 |
|
|
|
Confirmed Foreign
Currency Payment
Guarantee |
|
| Win Mortgage Co.,Ltd. |
|
|
42 |
|
|
|
32 |
|
|
|
Unused loan commitment |
|
|
| Amount Of Commitments With The Related Parties |
| (7) |
Amount of commitments with the related parties |
|
|
|
|
|
|
|
|
|
|
|
| Warrantee |
|
|
|
|
|
|
|
Warranty |
| NH Woori Newdeal Growth Alpha Private Equity Fund 1 |
|
|
15,906 |
|
|
|
819 |
|
|
Securities purchase commitment |
| Samsung Together Korea IPPF private securities investment trust 3 [Equity-FoFs] |
|
|
990,000 |
|
|
|
990,000 |
|
|
Securities purchase commitment |
| BTS 2nd Private Equity Fund |
|
|
1,854 |
|
|
|
1,234 |
|
|
Securities purchase commitment |
| STASSETS FUND III |
|
|
3,000 |
|
|
|
1,500 |
|
|
Securities purchase commitment |
| Synaptic Future Growth Private Equity Fund 1 |
|
|
3,443 |
|
|
|
1,624 |
|
|
Securities purchase commitment |
| IBK KIP Seongjang Dideemdol 1st Private Investment Limited Partnership |
|
|
4,664 |
|
|
|
4,664 |
|
|
Securities purchase commitment |
| Woori Seoul Beltway Private Special Asset Fund No.1 |
|
|
30,949 |
|
|
|
27,103 |
|
|
Securities purchase commitment |
| Woori Oncorp Corporate support of Major Industry General Type Private Investment Trust 2 |
|
|
60 |
|
|
|
255 |
|
|
Securities purchase commitment |
| Woori Asset Global Partnership Fund No.5 |
|
|
97,500 |
|
|
|
75,000 |
|
|
Securities purchase commitment |
| JC Assurance No.2 Private Equity Fund |
|
|
1,351 |
|
|
|
492 |
|
|
Securities purchase commitment |
| Crevisse Raim Impact 1st Startup Venture Specialist Private Equity Fund |
|
|
148 |
|
|
|
50 |
|
|
Securities purchase commitment |
| Woori Real Estate Investment No. 1 Limited Liability Company |
|
|
7,100 |
|
|
|
7,100 |
|
|
Securities purchase commitment |
| Woori Future Energy Private Special Asset Investment Trust(General) No.1 |
|
|
33,600 |
|
|
|
33,600 |
|
|
Securities purchase commitment |
| LOTTE CARD Co., Ltd. |
|
|
350,000 |
|
|
|
440,000 |
|
|
Derivative commitment |
| Woori IMM Green Net Zero Fund |
|
|
— |
|
|
|
21,099 |
|
|
Securities purchase commitment |
| Woori NH Co-Growth Private Equity Fund I |
|
|
— |
|
|
|
9,296 |
|
|
Securities purchase commitment |
| Woori PGIF4 General Type Private Special Asset Investment Trust No.1 |
|
|
— |
|
|
|
3,102 |
|
|
Securities purchase commitment |
| Woori GS West Street Strategic Solutions General Type Private Special Asset Investment Trust No.1 |
|
|
— |
|
|
|
15,820 |
|
|
Securities purchase commitment |
| Woori Global Secondary Private Placement Investment Trust No. 2 |
|
|
— |
|
|
|
2,948 |
|
|
Securities purchase commitment |
| Woori Productive Financing Education Infrastructure General Private Special Asset Investment Trust No.1 |
|
|
— |
|
|
|
20,000 |
|
|
Securities purchase commitment |
|
| Summary Of Compensation For Key Management |
| (9) |
Compensation for key management is as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the years ended December 31 |
|
|
|
|
|
|
|
|
|
|
|
| Short-term employee salaries |
|
|
22,626 |
|
|
|
34,676 |
|
|
|
23,700 |
|
| Retirement benefit service costs |
|
|
1,160 |
|
|
|
1,372 |
|
|
|
941 |
|
| Share-based compensation |
|
|
5,474 |
|
|
|
11,298 |
|
|
|
20,755 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
29,260 |
|
|
|
47,346 |
|
|
|
45,396 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|