Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 615

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 615
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,854,920 |     |                           | — |

F-2 32

SHINHAN FINANCIAL GROUP CO., LTD. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (In millions of won) December 31, 2023 and 2024

| 21. | Deposits |

Deposits as of December 31, 2023 and 2024 are as follows:

|                          |     | 2023 |             |     | 2024 |             |
| Demand deposits:         |     |      |             |     |      |             |
| Korean won               |     |    W | 128,035,326 |     |      | 134,283,019 |
| Foreign currencies       |     |      |  23,141,715 |     |      |  25,748,740 |
|                          |     |      | 151,177,041 |     |      | 160,031,759 |
| Time deposits:           |     |      |             |     |      |             |
| Korean won               |     |      | 175,191,964 |     |      | 202,699,097 |
| Foreign currencies       |     |      |  26,914,722 |     |      |  33,828,393 |
|                          |     |      | 202,106,686 |     |      | 236,527,490 |
| Certificates of deposits |     |      |  12,059,730 |     |      |  10,409,701 |
| Discount note deposits   |     |      |   7,614,701 |     |      |   7,624,787 |
| CMA                      |     |      |   4,950,392 |     |      |   4,451,561 |
| Others                   |     |      |   3,604,114 |     |      |   3,735,747 |
|                          |     |    W | 381,512,664 |     |      | 422,781,045 |

| 22. | Financial liabilities at fair value through profit or loss |

Financial liabilities at fair value through profit or loss as of December 31, 2023 and 2024 are as follows:

|                      |     | 2023 |           |     | 2024 |         |
| Securities sold