Company: SHG
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001193125-25-089950
Chunk: 270

Company: SHINHAN FINANCIAL GROUP CO LTD
Filing Date: 2025-04-23
Form: 20-F
Chunk 270
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 |   2,360 |     |          |       |     |             |        |   |     |            |   2,797 |     |          |        |     |              |        |   |     |            |   2,653 |     |          |        |     |             |        |   |
| Total liabilities and equity                            |     |                                       W | 668,283 |     | W        | 9,376 |     |             |        |   |     |          W | 680,033 |     | W        | 16,521 |     |              |        |   |     |          W | 724,216 |     | W        | 17,590 |     |             |        |   |
| Net interest spread(5)                                  |     |                                         |         |     |          |       |     |             |   1.66 | % |     |            |         |     |          |        |     |              |   1.55 | % |     |            |         |     |          |        |     |             |   1.56 | % |
| Net interest margin(6)                                  |     |                                         |         |     |          |       |     |             |   1.78 | % |     |            |         |     |          |        |     |              |   1.78 | % |     |            |         |     |          |        |     |             |   1.76 | % |
| Average asset liability ratio(7)                        |     |                                         |         |     |          |       |     |             | 107.61 | % |     |            |         |     |          |        |     |              | 108.55 | % |     |            |         |     |          |        |     |             | 107.70 | % |

Notes:

| (1) | Average balances are based on (a) monthly balances for Shinhan Bank and (b) quarterly balances for other subsidiaries. |

| (2) | Due from banks as of December 31, 2022, 2023 and 2024, consists of due from banks at amortized cost and deposits at fair value through profit or loss. |

| (3) | Non-accruing loans are included in the respective average loan balances. Income on such non-accruing loans is no longer recognized