Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 128

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 128
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,330 |   |     |    W |   4,566 |   |
| Allowance for credit losses on loans as a percentage of total loans |     |                                         |    0.88 | % |     |      |    1.04 | % |     |      |    1.00 | % |
| Impaired loans(1)                                                   |     |                                       W |   2,079 |   |     |    W |   3,013 |   |     |    W |   3,722 |   |
| Impaired loans as a percentage of total loans                       |     |                                         |    0.50 | % |     |      |    0.72 | % |     |      |    0.82 | % |
| Allowance as a percentage of impaired loans                         |     |                                         |  175.64 | % |     |      |  143.73 | % |     |      |  122.66 | % |
| Total non-performing loans(2)                                       |     |                                       W |   1,756 |   |     |    W |   2,216 |   |     |    W |   2,641 |   |
| Non-performing loans as a percentage of total loans                 |     |                                         |    0.42 | % |     |      |    0.53 | % |     |      |    0.58 | % |
| Allowance as a percentage of total assets                           |     |                                         |    0.55 | % |     |      |    0.63 | % |     |      |    0.62 | % |

Notes:

| (1) | Impaired loans include (i) loans for which the borrower has defaulted under Basel standards applicable during the relevant period and (ii) loans that qualify as “troubled debt restructurings” applicable during the relevant period. |

| (2) | Non-performing loans are defined as loans, whether corporate or retail, that are past due more than 90 days. |

Loan Types The following table presents our loans by type as of the dates indicated. Except where specified otherwise, all loan amounts stated below are before deduction of allowance for credit losses on loans and deferred loan origination costs and fees. Total loans reflect our loan portfolio, including past due amounts.

|                           |     | As of December 31,  |