| Assets Subject To Lien And Assets Acquired Through Foreclosures |
|
ASSETS SUBJECT TO LIEN AND ASSETS ACQUIRED THROUGH FORECLOSURES |
| (1) |
Assets subjected to lien are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
December 31, 2024 |
| |
|
|
|
Collateral given to |
|
|
|
|
Reason for collateral |
Financial assets at FVTPL |
|
Korean treasury and government bonds, etc. |
|
Shinhan Bank, etc. |
|
|
1,271,304 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Korean treasury and government bonds, etc. |
|
Korea Securities Depository |
|
|
240,005 |
|
|
Securities borrowing collateral |
|
|
Korean treasury and government bonds, etc. |
|
SHINHAN SECURITIES CO, etc. |
|
|
11,134 |
|
|
Future trading collateral |
|
|
Korean financial institutions’ debt securities, etc. |
|
DBS BANK LTD, SEL, etc. |
|
|
698,231 |
|
|
Variable margin deposit for CSA, etc. |
|
|
Korean capital contributions, etc. |
|
Korea Software Financial Cooperative |
|
|
109 |
|
|
Bid guarantee, etc. |
Financial assets at FVTOCI |
|
Korean financial institutions’ debt securities, etc. |
|
CITIBANK LONDON, etc. |
|
|
74,143 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Korean treasury and government bonds |
|
Industrial Bank of Korea |
|
|
10,115 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Korean financial institutions’ debt securities, etc. |
|
The BOK, etc. |
|
|
8,863,286 |
|
|
Settlement risk, etc. |
|
|
Debt securities in foreign currencies |
|
Central Bank of Brazil, etc. |
|
|
164,136 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Debt securities in foreign currencies |
|
RJF |
|
|
110,530 |
|
|
Related to the borrowing limit |
|
|
Debt securities in foreign currencies |
|
SOCIETE GENERALE, PAR, etc. |
|
|
358,781 |
|
|
Variable margin deposit for CSA, etc. |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
December 31, 2024 |
| |
|
|
|
Collateral given to |
|
|
|
|
Reason for collateral |
| Securities at amortized cost |
|
Korean treasury and government bonds |
|
The BOK, etc. |
|
|
11,526,197 |
|
|
Settlement risk, etc. |
|
|
Debt securities in foreign currencies |
|
NATIXIS |
|
|
41,442 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Debt securities in foreign currencies |
|
RJF, etc. |
|
|
34,508 |
|
|
Related to the borrowing limit |
| Loan at amortized cost and other financial assets |
|
Due from banks in local currency |
|
KEB Hana Bank Co., Ltd., etc. |
|
|
6,431 |
|
|
Collateral for difference settlement |
|
|
Other due from banks in local currency |
|
Korea Exchange Co.,Ltd. |
|
|
3 |
|
|
Korean Won CCP margin |
|
|
Other due from banks in foreign currency |
|
BNP-PARIBAS, PAR, etc. |
|
|
647,782 |
|
|
Variable margin deposit for CSA, etc. |
|
|
Mortgage loan |
|
Public offering |
|
|
1,790,810 |
|
|
Related to covered bonds |
| Premises and Equipment |
|
Land and building |
|
Gakorea Co., Ltd , etc. |
|
|
1,808 |
|
|
Right to collateral and others (*2) |
| Investment properties |
|
Land and building |
|
Gakorea Co., Ltd. |
|
|
5,211 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
25,855,966 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(*1) |
The Group has the agreement to repurchase the sold assets at the predetermined price or the price that includes the rate of return and to provide the guarantee on the assets. The transferee has the right to sell or to provide as guarantee. Therefore, the Group does not derecognize the assets, but recognizes the relevant amounts as liability (bonds sold under repurchase agreements). The asset is equivalent to a mortgage-backed debt security. |
| (*2) |
The maximum pledge amount is 339 million Won. |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
December 31, 2025 |
| |
|
|
|
Collateral given to |
|
|
|
|
Reason for collateral |
| Financial assets at FVTPL |
|
Korean treasury and government bonds, etc. |
|
Korea Securities Depository, etc. |
|
|
1,935,048 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Korean treasury and government bonds, etc. |
|
Korea Securities Depository, etc. |
|
|
656,478 |
|
|
Securities borrowing collateral |
|
|
Korean treasury and government bonds, etc. |
|
The BOK, etc. |
|
|
1,814,134 |
|
|
Settlement risk, etc. |
|
|
Korean treasury and government bonds, etc. |
|
SHINHAN SECURITIES CO, etc. |
|
|
24,454 |
|
|
Future trading collateral |
|
|
Korean treasury and government bonds, etc. |
|
NEXT SECURITIES (Futures), etc. |
|
|
36,743 |
|
|
Collateral for derivative contracts, etc. |
|
|
Korean financial institutions’ debt securities, etc. |
|
ING BANK, etc. |
|
|
587,591 |
|
|
Variable margin deposit for CSA, etc. |
|
|
Korean capital contributions, etc. |
|
Korea Software Financial Cooperative, etc. |
|
|
9,279 |
|
|
Bid guarantee |
|
|
Due from banks in local currency |
|
KB SECURITIES |
|
|
1,024 |
|
|
Equity-related derivatives, etc. |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
December 31, 2025 |
| |
|
|
|
Collateral given to |
|
|
|
|
Reason for collateral |
| Financial assets at FVTOCI |
|
Korean treasury and government bonds, etc. |
|
The BOK, etc. |
|
|
3,974,635 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Korean financial institutions’ debt securities, etc. |
|
The BOK, etc. |
|
|
927,890 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Korean treasury and government bonds, etc. |
|
The BOK, etc. |
|
|
362,317 |
|
|
Settlement risk, etc. |
|
|
Korean financial institutions’ debt securities, etc. |
|
The BOK, etc. |
|
|
9,283,095 |
|
|
Settlement risk, etc. |
|
|
Korean treasury and government bonds, etc. |
|
Korea Securities Finance Corporation |
|
|
20,117 |
|
|
Securities borrowing collateral |
|
|
Korean treasury and government bonds, etc. |
|
Industrial Bank of Korea etc. |
|
|
1,137,895 |
|
|
Collateral for derivative contracts, etc. |
|
|
Foreign currency debt securities |
|
CCIL Exchange |
|
|
150,656 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Foreign currency debt securities |
|
SOCIETE GENERALE |
|
|
386,609 |
|
|
Variable margin deposit for CSA, etc. |
|
|
Foreign currency debt securities |
|
RJF |
|
|
93,681 |
|
|
Related to the borrowing limit |
| Securities at amortized cost |
|
Korean treasury and government bonds, etc. |
|
The BOK, etc. |
|
|
9,100,505 |
|
|
Settlement risk, etc. |
|
|
Korean financial institutions’ debt securities, etc. |
|
The BOK, etc. |
|
|
5,098,911 |
|
|
Settlement risk, etc. |
|
|
Foreign currency debt securities |
|
NATIXIS |
|
|
12,145 |
|
|
Related to bonds sold under repurchase agreements (*1) |
|
|
Foreign currency debt securities |
|
RJF, etc. |
|
|
30,441 |
|
|
Related to the borrowing limit |
| Loan at amortized cost and other financial assets |
|
Due from banks in local currency |
|
KEB Hana Bank Co., Ltd., etc. |
|
|
40,431 |
|
|
Collateral for difference settlement |
|
|
Due from banks in local currency |
|
Shinhan Life Insurance Co., Ltd. |
|
|
30 |
|
|
Related to refund liabilities for insurance contract commissions |
|
|
Other due from banks in local currency |
|
MetLife Insurance Co., Ltd. |
|
|
25 |
|
|
Related to refund liabilities for insurance contract commissions |
|
|
Other due from banks in local currency |
|
Korea Exchange Co., Ltd. |
|
|
3,362 |
|
|
Korean Won CCP margin |
|
|
Other due from banks in local currency |
|
MSBI LIMITED Seoul |
|
|
12,634 |
|
|
Variable margin deposit for CSA, etc |
|
|
Other due from banks in foreign currency |
|
GOLDMAN SACHS INTL, etc. |
|
|
353,030 |
|
|
Variable margin deposit for CSA, etc |
|
|
Mortgage loan |
|
Public offering |
|
|
2,067,313 |
|
|
Related to covered bonds |
| Premises and Equipment |
|
Land and building |
|
Gakorea Co., Ltd., etc. |
|
|
1,808 |
|
|
Right to collateral and others (*2) |
| Investment properties |
|
Land and building |
|
Gakorea Co., Ltd., etc. |
|
|
103,267 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
38,225,548 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(*1) |
The Group has the agreement to repurchase the transferred assets at a predetermined price or at the selling price plus a specified rate of return, and the assets are provided as collateral as bonds for which the financial assets are not derecognized. The transferee has the right to sell or to provide as guarantee. Therefore, the Group does not derecognize the assets, but recognizes the relevant amounts as liability (bonds sold under repurchase agreements). The asset is equivalent to a mortgage-backed debt security. |
(*2) |
The maximum pledge amount is 17,008 million Won. |
(2) |
Details of assets acquired through foreclosures are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Investment properties |
|
|
|
|
|
|
|
|
| Land |
|
|
6,463 |
|
|
|
4,195 |
|
| Building |
|
|
23 |
|
|
|
— |
|
| Sub-total |
|
|
6,486 |
|
|
|
4,195 |
|
| Other assets |
|
|
|
|
|
|
|
|
| Building for non-business use (*1) |
|
|
46,218 |
|
|
|
44,729 |
|
| Movables for non-business use (*2) |
|
|
110 |
|
|
|
114 |
|
| Real estate assessment provision for non-business use |
|
|
(1,898 |
) |
|
|
(1,794 |
) |
| Sub-total |
|
|
44,430 |
|
|
|
43,049 |
|
| Assets held for sale |
|
|
|
|
|
|
|
|
| Land |
|
|
2,215 |
|
|
|
369 |
|
| Building |
|
|
1,780 |
|
|
|
862 |
|
| Sub-total |
|
|
3,995 |
|
|
|
1,231 |
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
54,911 |
|
|
|
48,475 |
|
|
|
|
|
|
|
|
|
|
| (*1) |
The cumulative depreciation amount as of December 31, 2024 and 2025 is million Won and million Won, respectively. |
| (*2) |
The cumulative depreciation amount as of December 31, 2024 and 2025 is million Won and million Won, respectively. |
| (3) |
Securities loaned are as follows (Unit: Korean Won in millions): |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Loaned to |
Financial assets at FVTPL |
|
Korean treasury and government bonds, etc. |
|
|
12,361 |
|
|
|
— |
|
|
Korea Securities Finance Corporation |
Financial assets at FVTOCI |
|
Korean treasury and government bonds, etc. |
|
|
— |
|
|
|
5,573,299 |
|
|
Korea Securities Finance Corporation and others |
|
|
Foreign currency debt securities |
|
|
|
|
|
|
101,439 |
|
|
Nomura Financial Investment (Korea) Co., Ltd. | Securities loaned are lending of specific securities to borrowers who agree to return the same amount of the same security at the end of lending period. As the Group does not derecognize these securities.
| (4) |
Collaterals held that can be disposed and re-subjected to lien regardless of defaults of counterparties | Fair values of collaterals held that can be disposed and re-subjected to lien regardless of defaults of counterparties as of December 31, 2024 and 2025 are as follows (Unit: Korean Won in millions):
|
|
|
|
|
| |
|
December 31, 2024 |
| |
|
Fair values of collaterals |
|
Fair values of collaterals were disposed
or re-subjected to lien |
Securities |
|
10,640,153 |
|
— |
|
|
|
|
|
| |
|
December 31, 2025 |
| |
|
Fair values of collaterals |
|
Fair values of collaterals were disposed
or re-subjected to lien |
Securities |
|
14,673,954 |
|
— |
|