Shinhan Financial (SHG) 20-F 30 Apr 19 2018 FY Annual report (foreign) Financial data

Document and entity information

Document and entity information	12 Months Ended
	Dec. 31, 2018shares
Document and Entity Information [Abstract]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Trading Symbol	SHG
Entity Registrant Name	SHINHAN FINANCIAL GROUP CO LTD
Entity Central Index Key	0001263043
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	470,650,928
Entity Emerging Growth Company	false
Entity Shell Company	false

Consolidated Statements of Fina

Consolidated Statements of Financial Position - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and due from banks at amortized cost (Notes 4, 8, 24 and 60)		₩ 17,348,626
Cash and due from banks (Notes 4, 9, 24 and 60)			₩ 22,668,598
Financial assets at fair value through profit or loss (Notes 4, 10, 24 and 60)		43,534,766
Trading assets (Notes 4, 11, 24 and 60)			28,464,296
Financial assets designated at fair value through profit or loss(IAS 39) (Notes 4, 12, 24 and 60)			3,579,057
Derivative assets (Notes 4, 13 and 60)		1,793,613	3,400,178
Securities at fair value through other comprehensive income (Notes 4, 16, 24 and 60)		38,314,170
Available-for-sale financial assets (Notes 4, 17, 24 and 60)			42,116,937
Securities at amortized cost (Notes 4, 16, 24 and 60)		28,478,136
Held-to-maturity financial assets (Notes 4, 17, 24 and 60)			24,990,680
Loans at amortized cost (Notes 4, 14, 24 and 60)		299,609,472
Loans (Notes 4, 15, 24 and 60)			275,565,766
Property and equipment (Notes 18 and 24)		3,003,886	3,021,772
Intangible assets (Notes 19 and 58)		4,320,134	4,273,321
Investments in associates (Note 20)		671,330	631,294
Current tax receivable		45,100	25,015
Deferred tax assets (Note 51)		426,965	592,283
Investment property (Note 21)		474,820	418,303
Other assets (Notes 4, 22 and 60)		21,571,918	16,551,958
Assets held for sale		7,574	7,550
Total assets		459,600,510	426,307,008
Liabilities
Deposits (Notes 4, 25 and 60)		265,000,190	249,419,224
Financial liabilities at fair value through profit or loss (Notes 4, 26 and 60)		1,420,306
Trading liabilities (Notes 4, 27 and 60)			1,848,490
Financial liabilities designated at fair value through profit or loss (IFRS 9) (Notes 4, 28 and 60)	[1]	8,535,800
Financial liabilities designated at fair value through profit or loss(IAS 39) (Notes 4, 29 and 60)			8,297,609
Derivative liabilities (Notes 4, 13 and 60)		2,439,892	3,487,661
Borrowings (Notes 4, 30 and 60)		29,818,542	27,586,610
Debt securities issued (Notes 4, 31 and 60)		63,227,699	51,340,821
Liabilities for defined benefit obligations (Note 32)		127,348	7,144
Provisions (Note 33)		508,416	428,958
Current tax payable		430,306	348,830
Deferred tax liabilities (Note 51)		22,020	9,982
Liabilities under insurance contracts (Note 34)		26,218,882	24,515,288
Other liabilities (Notes 4 ,35 and 60)		25,199,679	25,312,773
Total liabilities		422,949,080	392,603,390
Equity (Note 36)
Capital stock		2,645,053	2,645,053
Hybrid bonds		1,531,759	423,921
Capital surplus		9,895,488	9,887,335
Capital adjustments	[2]	(552,895)	(398,035)
Accumulated other comprehensive loss (Note 60)		(753,220)	(529,734)
Retained earnings (Notes 57 and 60)	[3],[4],[5],[6]	22,959,440	20,791,681
Total equity attributable to equity holders of Shinhan Financial Group Co., Ltd.		35,725,625	32,820,221
Non-controlling interests	[7]	925,805	883,397
Total equity		36,651,430	33,703,618
Total liabilities and equity		₩ 459,600,510	₩ 426,307,008
[1]	The Group designated the financial liabilities at the initial recognition (or subsequently) in accordance with paragraph 6.7.1 of IFRS 9 as financial liabilities at fair value through profit or loss.
[2]	The Group acquired treasury stock through treasury stock trusts, and the consideration paid or received is recognized directly in equity.
[3]	The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed and the amount was adjusted retrospectively.
[4]	The reserve for loan losses in the retained earnings amounted to KRW 5,953 million and KRW 7,572 million as of December 31, 2017 and 2018, respectively.
[5]	The reserve for profits of the Group, due to In accordance with Article 53 of the Financial Holding Company Act, amounted to KRW 1,992,716 million and KRW 2,068,190 million as of December 31, 2017 and 2018, respectively.
[6]	The total amount of retained earnings from the consolidated subsidiaries that are not available for the payment of cash dividends due to the related regulation is KRW 5,800,002 million.
[7]	As of December 31, 2017 and 2018, Shinhan Bank and Jeju Bank have recognized KRW 718,775 million and KRW 748,497 million, respectively, as non-controlling interests. The amount of dividends paid by Shinhan Bank and Jeju Bank KRW 27,546 million and KRW 30,442 million are allocated to the net income of non-controlling interests.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net interest income
Interest income	₩ 13,572,456	₩ 11,798,654	₩ 11,236,302
Interest expense	(4,992,367)	(3,955,701)	(4,030,936)
Net interest income (Note 38)	8,580,089	7,842,953	7,205,366
Net fees and commission income
Fees and commission income	3,295,256	4,044,955	3,803,596
Fees and commission expense	(1,356,259)	(2,334,001)	(2,238,057)
Net fees and commission income (Note 39)	1,938,997	1,710,954	1,565,539
Net insurance loss
Insurance income	4,398,738	4,599,808	4,586,098
Insurance expenses	(4,870,437)	(5,059,847)	(5,004,602)
Net insurance loss (Note 34)	(471,699)	(460,039)	(418,504)
Dividend income (Note 40)	87,826	257,306	281,623
Net gain on financial instruments at fair value through profit or loss (Note 41)	420,026
Net gain on financial instruments at fair value through profit or loss (overlay approach) (Note 10)	74,944
Net trading income (Note 42)		963,223	369,510
Net loss on financial instruments designated at fair value through profit or loss (Note 43)	(26,643)
Net gain (loss) on financial instruments designated at fair value through profit or loss (Note 44)		(1,059,826)	(501,955)
Net foreign currency transaction gain	194,136	364,006	461,671
Net gain on disposal of financial asset at fair value through other comprehensive income (Note 16)	20,554
Net gain on disposal of available-for-sale financial assets (Note 17)		499,187	647,541
Net loss on disposal of securities at amortized cost (Note 16)	(9)
Provision for credit loss allowance (Note 45)	(747,877)
Impairment loss on financial assets (Note 46)		(1,013,548)	(1,195,663)
General and administrative expense (Note 47)	(4,741,575)	(4,811,198)	(4,508,575)
Other operating expenses, net (Note 49)	(829,355)	(462,992)	(797,911)
Operating income	4,499,414	3,830,026	3,108,642
Equity method income (Note 20)	17,488	20,393	9,995
Other non-operating income (expense), net (Note 50)	(50,292)	(52,811)	51,835
Profit before income taxes	4,466,610	3,797,608	3,170,472
Income tax expense (Note 51)	(1,268,345)	(848,403)	(345,553)
Profit for the year	3,198,265	2,949,205	2,824,919
Items that are or may be reclassified to profit or loss:
Gain on financial asset at fair value through other comprehensive income	161,008
Loss on financial instruments at fair value through profit or loss (overlay approach) (Note 10)	(54,333)
Gain(loss) on available-for-sale financial assets	0	(323,127)	(433,657)
Equity in other comprehensive income (loss) of associates	7,407	(22,813)	2,691
Foreign currency translation adjustments for foreign operations	19,983	(194,172)	12,103
Net change in unrealized fair value of cash flow hedges	(20,192)	15,904	(1,262)
Other comprehensive income (loss) of separate account	8,676	(9,278)	(4,330)
Items that are or may be reclassified to profit or loss	122,549	(533,486)	(424,455)
Items that will never be reclassified to profit or loss:
Remeasurements of the defined benefit liability	(93,098)	103,525	15,307
Equity in other comprehensive income (loss) of associates	28	847	(2)
Valuation gain on financial asset at fair value through other comprehensive income	22,725
Loss on disposal of financial asset at fair value through other comprehensive income	(2,635)
Changes in own credit risk on financial liabilities designated at fair value through profit or loss	1,723
Items that will never be reclassified to profit or loss	(71,257)	104,372	15,305
Total other comprehensive loss, net of income tax (Note 36)	51,292	(429,114)	(409,150)
Total comprehensive income for the year	3,249,557	2,520,091	2,415,769
Profit for the year attributable to:
Equity holders of Shinhan Financial Group Co., Ltd. (Notes 36 and 52)	3,156,722	2,918,816	2,774,778
Non-controlling interest	41,543	30,389	50,141
Total comprehensive income attributable to:
Equity holders of Shinhan Financial Group Co., Ltd.	3,207,602	2,491,251	2,367,062
Non-controlling interest	₩ 41,955	₩ 28,840	₩ 48,707
Earnings per share: (Notes 36 and 52)
Basic and diluted earnings per share in won	₩ 6,579	₩ 6,118	₩ 5,736

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - KRW (₩) ₩ in Millions	Total		Equity attributable to equity holders of Shinhan Financial Group Co., Ltd.	Common Stock	Hybrid Bonds	Capital Surplus	Capital Adjustments	Accumulated Other Comprehensive Income	Retained Earnings	Non Controlling Interest
Beginning Balance at Dec. 31, 2015	₩ 31,813,056		₩ 30,839,655	₩ 2,645,053	₩ 736,898	₩ 9,887,335	₩ (423,536)	₩ 304,771	₩ 17,689,134	₩ 973,401
Total comprehensive income for the year:
Profit for the year	2,824,919		2,774,778	0	0	0	0	0	2,774,778	50,141
Other comprehensive income (loss), net of income tax:
Foreign currency translation adjustments	12,103		12,012	0	0	0	0	12,012	0	91
Net change in unrealized fair value of available-for-sale financial assets	(433,657)		(432,530)	0	0	0	0	(432,530)	0	(1,127)
Equity in other comprehensive income of associates	2,689		2,689	0	0	0		2,689	0	0
Net change in unrealized fair value of cash flow hedges	(1,262)		(1,262)	0	0	0		(1,262)	0	0
Other comprehensive income of separate account	(4,330)		(4,330)	0	0	0		(4,330)	0	0
Remeasurements of defined benefit plans	15,307		15,705					15,705	0	(398)
Total other comprehensive income (loss)	(409,150)		(407,716)	0	0	0		(407,716)	0	(1,434)
Total comprehensive income for the year	2,415,769		2,367,062	0	0	0		(407,716)	2,774,778	48,707
Other changes in equity:
Dividends	(630,978)		(630,978)	0	0	0	0	0	(630,978)	0
Dividends to hybrid bonds	(36,091)	[1]	(36,091)	0	0	0	0	0	(36,091)	0
Issuance of hybrid bonds	0		0	0	0	0	0	0	0	0
Redemption of hybrid bonds	(240,000)		(240,000)	0	(238,582)	0	(1,418)	0	0	0
Acquisition of treasury stock	0		0	0	0	0	0	0	0	0
Change in other capital adjustments	(64,044)		(64,044)	0	0	0	(33,507)	362	(30,899)	0
Change in other non-controlling interests	(386,826)		0	0	0	0	0	0	0	(386,826)
Other changes in equity	(2,483,845)		(2,097,019)	0	(238,582)	0	(34,925)	362	(1,823,874)	(386,826)
Ending Balance at Dec. 31, 2016	31,744,980		31,109,698	2,645,053	498,316	9,887,335	(458,461)	(102,583)	18,640,038	635,282
Other changes in equity:
Redemption of preferred stock	(1,125,906)		(1,125,906)	0	0	0	0	0	(1,125,906)	0
Profit for the year	2,949,205		2,918,816	0	0	0	0	0	2,918,816	30,389
Foreign currency translation adjustments	(194,172)		(193,474)	0	0	0	0	(193,474)	0	(698)
Net change in unrealized fair value of available-for-sale financial assets	(323,127)		(322,056)	0	0	0	0	(322,056)	0	(1,071)
Equity in other comprehensive income of associates	(21,966)		(21,966)	0	0	0	0	(21,552)	(414)	0
Net change in unrealized fair value of cash flow hedges	15,904		15,904	0	0	0	0	15,904	0	0
Other comprehensive income of separate account	(9,278)		(9,278)	0	0	0	0	(9,278)	0	0
Remeasurements of defined benefit plans	103,525		103,305					103,305	0	220
Total other comprehensive income (loss)	(429,114)		(427,565)	0	0	0	0	(427,151)	(414)	(1,549)
Total comprehensive income for the year	2,520,091		2,491,251	0	0	0	0	(427,151)	2,918,402	28,840
Dividends	(687,589)		(687,589)	0	0	0	0	0	(687,589)	0
Dividends to hybrid bonds	(17,678)	[1]	(17,678)	0	0	0	0	0	(17,678)	0
Issuance of hybrid bonds	224,466		224,466	0	224,466	0	0	0	0	0
Redemption of hybrid bonds	(300,000)		(300,000)	0	(298,861)	0	(1,139)	0	0	0
Acquisition of treasury stock	0		0	0	0	0	0	0	0	0
Change in other capital adjustments	72		72	0	0	0	61,565	0	(61,493)	0
Change in other non-controlling interests	219,275		0	0	0	0	0	0	0	219,275
Other changes in equity	(561,454)		(780,729)	0	(74,395)	0	60,426	0	(766,760)	219,275
Ending Balance at Dec. 31, 2017	33,703,617		32,820,220	2,645,053	423,921	9,887,335	(398,035)	(529,734)	20,791,680	883,397
Other changes in equity:
Redemption of preferred stock	0		0	0	0	0	0	0	0	0
Adoption effect of IFRS9, net of tax (Note 60)	(532,020)		(528,865)	0	0	0	0	(277,011)	(251,854)	(3,155)
Profit for the year	3,198,265		3,156,722	0	0	0	0	0	3,156,722	41,543
Gain on financial asset at fair value through other comprehensive income	181,098		179,793	0	0	0	0	179,793	0	1,305
Loss on financial instruments at fair value through profit or loss (overlay approach)	(54,333)		(54,333)	0	0	0	0	(54,333)	0	0
Foreign currency translation adjustments	19,983		20,465	0	0	0	0	20,465	0	(482)
Net change in unrealized fair value of available-for-sale financial assets	0		0	0	0	0	0	0	0	0
Equity in other comprehensive income of associates	7,435		7,435	0	0	0	0	7,435	0	0
Net change in unrealized fair value of cash flow hedges	(20,192)		(20,192)	0	0	0	0	(20,192)	0	0
Other comprehensive income of separate account	8,676		8,676	0	0	0	0	8,676	0	0
Remeasurements of defined benefit plans	(93,098)		(92,687)	0	0	0	0	(92,687)	0	(411)
Changes in own credit risk on financial liabilities designated at fair value through profit or loss	1,723		1,723	0	0	0	0	1,723	0
Total other comprehensive income (loss)	51,292		50,880	0	0	0	0	50,880	0	412
Total comprehensive income for the year	3,249,557		3,207,602	0	0	0	0	50,880	3,156,722	41,955
Dividends	(687,589)		(687,589)	0	0	0	0	0	(687,589)	0
Dividends to hybrid bonds	(40,357)	[1]	(40,357)	0	0	0	0	0	(40,357)	0
Issuance of hybrid bonds	1,107,838		1,107,838	0	1,107,838	0	0	0	0	0
Redemption of hybrid bonds	0		0	0	0	0	0	0	0	0
Acquisition of treasury stock	(155,923)		(155,923)	0	0	0	(155,923)	0	0	0
Change in other capital adjustments	2,699		2,699	0	0	8,153	1,063	0	(6,517)	0
Change in other non-controlling interests	3,608		0	0	0	0	0	0	0	3,608
Other changes in equity	230,276		226,668	0	1,107,838	8,153	(154,860)	0	(734,463)	3,608
Reclassification of OCI retained earnings	0		0	0	0	0	0	2,645	(2,645)	0
Ending Balance at Dec. 31, 2018	36,651,430		35,725,625	2,645,053	1,531,759	9,895,488	(552,895)	(753,220)	22,959,440	925,805
Other changes in equity:
Redemption of preferred stock	₩ 0		₩ 0	₩ 0	₩ 0	₩ 0	₩ 0	₩ 0	₩ 0	₩ 0
[1]	The dividends to hybrid bonds that were early redeemed during the period are included.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities
Profit before income taxes	₩ 4,466,610	₩ 3,797,608	₩ 3,170,472
Adjustments for:
Interest income (Note 38)	(13,572,456)	(11,798,654)	(11,236,302)
Interest expense (Note 39)	4,992,367	3,955,701	4,030,936
Dividend income (Note 40)	(87,826)	(257,306)	(281,623)
Net fees and commission expense	176,932	169,640	166,216
Net insurance loss	2,080,509	2,571,094	2,779,710
Net loss on financial instruments at fair value through profit or loss (Note 41)	66,455
Net gain on financial instruments at fair value through profit or loss (overlay approach) (Note 10)	(74,944)
Net trading loss (gain) (Note 42)		(334,133)	48,363
Net foreign currency translation loss (gain)	377,632	(87,384)	(248,844)
Net gain on financial instruments designated at fair value through profit or loss (Note 43)	(382,667)
Net loss on financial instruments designated at fair value through profit or loss (Note 44)		231,772	147,813
Net gain on disposal of financial asset at fair value through other comprehensive income (Note 16)	(20,554)
Net gain on disposal of available-for-sale financial assets (Note 17)		(499,187)	(647,541)
Net loss on disposal of securities at amortized cost (Note 16)	9
Provision for credit loss allowance (Note 45)	747,877
Provision for credit losses (Note 46)		815,249	1,107,633
Impairment losses on other financial assets (Note 46)		198,299	88,030
Employee costs	155,672	232,709	203,639
Depreciation and amortization (Note 47)	301,916	253,344	259,941
Other operating expense (income)	(278,274)	602,027	70,236
Equity method income, net (Note 20)	(17,488)	(20,393)	(9,995)
Other non-operating expense (income), net	3,147	(29,080)	598
Sub-total	(5,531,693)	(3,996,302)	(3,521,190)
Changes in assets and liabilities:
Cash and due from banks at amortized cost	6,024,743
Due from banks		(3,347,818)	3,937,005
Securities at fair value through profit or loss	(3,082,516)
Due from banks at fair value through profit or loss	(82,014)
Loans at fair value through profit or loss	(422,326)
Trading assets and liabilities		(1,706,990)	(4,343,206)
Financial asset designated at fair value through profit or loss (IFRS 9)	723,037
Financial instruments designated at fair value through profit or loss(IAS 39)		(1,300,760)	(2,439)
Derivative instruments	203,006	(488,706)	(340,831)
Loans at amortized cost	(27,547,413)
Loans		(19,232,732)	(11,351,121)
Other assets	(5,177,725)	(250,806)	(4,627,748)
Deposits	16,699,467	15,632,957	16,771,470
Liabilities for defined benefit obligations	(145,639)	(178,054)	(261,550)
Provisions	14,542	(69,584)	(77,514)
Other liabilities	174,590	4,845,053	(2,333,634)
Sub-total	(12,618,248)	(6,097,440)	(2,629,568)
Income taxes paid	(850,696)	(664,286)	(561,604)
Interest received	13,208,601	11,425,960	11,109,313
Interest paid	(5,058,596)	(3,710,093)	(4,080,122)
Dividends received	63,826	265,887	309,876
Net cash provided by operating activities	(6,320,196)	1,021,334	3,797,177
Cash flows from investing activities
Decrease in financial instruments at fair value through profit or loss	2,150,860
Increase in financial instruments at fair value through profit or loss	(3,290,960)
Proceeds from disposal of financial assets at fair value through other comprehensive income	27,074,948
Acquisition of financial assets at fair value through other comprehensive income	(27,037,290)
Proceeds from disposal of available-for-sale financial assets		29,638,281	29,242,921
Acquisition of available-for-sale financial assets		(34,703,066)	(32,844,558)
Proceeds from disposal of financial assets at amortized cost	2,093,506
Acquisition of financial assets at amortized cost	(5,836,342)
Proceeds from disposal of held-to-maturity financial assets		1,712,326	1,839,275
Acquisition of held-to-maturity financial assets		(7,033,310)	(5,277,451)
Proceeds from disposal of property and equipment (Notes 18 and 50)	39,202	11,459	5,793
Acquisition of property and equipment (Note 18)	(142,933)	(155,186)	(252,084)
Proceeds from disposal of intangible assets (Notes 19 and 50)	3,638	9,286	8,268
Acquisition of intangible assets (Note 19)	(157,160)	(111,257)	(88,876)
Proceeds from disposal of investments in associates	189,118	163,649	67,082
Acquisition of investments in associates	(227,914)	(380,213)	(145,119)
Proceeds from disposal of investment property (Notes 21 and 50)	15,433	4,869	22,900
Acquisition of investment property (Note 21)	(115,333)	(2,125)	(176,204)
Proceeds from disposal of assets held for sale	4,498	10,466	2,213
Proceeds from settlement of hedging derivative financial instruments for available-for-sale financial assets	67,039	85,616	27,265
Payment for settlement of hedging derivative financial instruments for available-for-sale financial assets	(26,653)	(27,629)	(69,175)
Business combination, net of cash acquired (used) (Notes 57 and 58)	(4,498)	83,631	(4,280)
Other, net	(311,744)	(10,435)	48,156
Net cash used in investing activities	(5,512,585)	(10,703,638)	(7,593,874)
Cash flows from financing activities
Issuance of hybrid bonds	1,107,838	224,466	0
Redemption of hybrid bonds	0	(300,000)	(240,000)
Net increase (decrease) in borrowings	1,772,203	3,047,844	3,389,832
Proceeds from debt securities issued	26,487,712	20,006,957	15,916,866
Repayments of debt securities issued	(14,689,246)	(12,222,815)	(11,988,965)
Dividends paid	(714,705)	(706,565)	(669,103)
Proceeds from settlement of hedging derivative financial instruments for debt securities issued	10,675	65,220	15,414
Payment for settlement of hedging derivative financial instruments for debt securities issued	(16,832)	(6,509)	(1,486)
Acquisition of treasury stock	(151,993)	0
Redemption of preferred stock	0	0	(1,125,906)
Increase (decrease) in non-controlling interests	347	215,357	(451,208)
Other, net	528	8,498	(824)
Net cash provided by financing activities	13,806,527	10,332,453	4,844,620
Effect of exchange rate fluctuations on cash and cash equivalents held	(30,640)	(46,035)	(22,638)
Increase (decrease) in cash and cash equivalents	1,943,106	604,114	1,025,285
Cash and cash equivalents at beginning of year (Note 54)	6,236,650	5,632,536	4,607,251
Cash and cash equivalents at end of year (Note 54)	₩ 8,179,756	₩ 6,236,650	₩ 5,632,536

Reporting entity

Reporting entity	12 Months Ended
	Dec. 31, 2018
Disclosure of reporting entity [Abstract]
Reporting entity	1. Reporting entity Shinhan Financial Group Co., Ltd., the controlling company, and its subsidiaries included in consolidation (collectively the “Group”) are summarized as follows: (a) Controlling company Shinhan Financial Group Co., Ltd. (the “Shinhan Financial Group”), a controlling company, was incorporated on September 1, 2001 for the main purposes of Shinhan Bank, Shinhan Securities Co.,Ltd., Shinhan Capital Co.,Ltd., and Shinhan BNP Asset Management Co.,Ltd. with a stock transfer. The total capital stock amounted to W (b) Ownership of Shinhan Financial Group and its major consolidated subsidiaries as of December 31, 2017 and 2018 are as follows: Date of financial Ownership (%) Investor Investee Location 2017 2018 Shinhan Financial Group Shinhan Bank Korea December 31 100.0 100.0 ” Shinhan Card Co., Ltd. ” ” 100.0 100.0 ” Shinhan Investment Corp. ” ” 100.0 100.0 ” Shinhan Life Insurance Co., Ltd. ” ” 100.0 100.0 ” Shinhan Capital Co., Ltd. ” ” 100.0 100.0 ” Jeju Bank (*1) ” ” 68.9 71.9 ” Shinhan Credit Information Co., Ltd. ” ” 100.0 100.0 ” Shinhan Alternative Investment Management Inc. ” ” 100.0 100.0 ” Shinhan BNP Paribas Asset Management Co., Ltd. ” ” 65.0 65.0 ” SHC Management Co., Ltd. ” ” 100.0 100.0 ” Shinhan DS (*2) ” ” 100.0 100.0 ” Shinhan Savings Bank ” ” 100.0 100.0 ” Shinhan AITAS Co., Ltd. ” ” 99.8 99.8 ” Shinhan REITs Management Co., Ltd. ” ” 100.0 100.0 Shinhan Bank Shinhan Asia Limited Hong Kong ” 99.9 99.9 ” Shinhan Bank America USA ” 100.0 100.0 ” Shinhan Bank Europe GmbH Germany ” 100.0 100.0 ” Shinhan Bank Cambodia (*3) Cambodia ” 97.5 97.5 ” Shinhan Bank Kazakhstan Limited Kazakhstan ” 100.0 100.0 ” Shinhan Bank Canada Canada ” 100.0 100.0 ” Shinhan Bank (China) Limited China ” 100.0 100.0 ” Shinhan Bank Japan Japan ” 100.0 100.0 ” Shinhan Bank Vietnam Ltd. Vietnam ” 100.0 100.0 ” Banco Shinhan de Mexico Mexico ” 100.0 100.0 ” PT Bank Shinhan Indonesia Indonesia ” 99.0 99.0 Shinhan Card Co., Ltd. LLP MFO Shinhan Finance Kazakhstan ” 100.0 100.0 ” PT. Shinhan Indo Finance Indonesia ” 50.0 50.0 ” Shinhan Microfinance Co., Ltd. Myanmar ” 100.0 100.0 Shinhan Investment Corp. Shinhan Investment Corp. USA Inc. USA ” 100.0 100.0 ” Shinhan Investment Corp. Asia Ltd. Hong Kong ” 100.0 100.0 Shinhan Investment Corp. SHINHAN SECURITIES VIETNAM CO., LTD. Vietnam December 31 100.0 100.0 ” PT. Shinhan Sekuritas Indonesia Indonesia ” 99.0 99.0 PT. Shinhan Sekuritas Indonesia PT Shinhan Asset Management Indonesia ” — 75.0 Shinhan BNP Paribas Asset Management Co., Ltd. Shinhan BNP Paribas Asset Management (Hong Kong) Limited Hong Kong ” 100.0 100.0 Shinhan DS SHINHAN DS VIETNAM CO.,LTD. Vietnam — 100.0 (*1) The Group participated in the capital increase of Jeju Bank by acquisition of 7,854,600 shares. ( W (*2) Shinhan Data System changed its name into Shinhan DS for the year ended December 31, 2018 and the Group participated in the capital increase of W (*3) Shinhan Khmer Bank PLC changed its name into Shinhan Bank Cambodia for the period ended December 31, 2018. (c) Consolidated structured entities Consolidated structured entities are as follows: Category Consolidated structured entities Description Trust 18 trusts managed by Shinhan Bank including development trust A trust is consolidated when the Group as a trustee is exposed to variable returns, for example, if principle or interest amounts of the entrusted properties falls below guaranteed amount, the Group should compensate it; and the Group has the ability to affect those returns. Asset-Backed Securitization MPC Yulchon Green I and 130 others An entity for asset backed securitization is consolidated when the Group has the ability to dispose assets or change the conditions of the assets, is exposed to variable returns and has the ability to affect the variable returns providing credit enhancement and purchases of subordinated securities. Structured Financing SHPE Holdings One Co., Ltd. and 2 others An entity established for structured financing relating to real estate, shipping, or mergers and acquisitions is consolidated, when the Group has granted credit to the entity, has sole decision-making authority of these entities due to the entities default, and is exposed to, or has rights to related variable returns. Investment Fund KoFC Shinhan Frontier Champ 2010-4 An investment fund is consolidated, when the Group manages or invests assets of the investment funds on behalf of other investors, or has the ability to dismiss the manager of the investment funds, and is exposed to, or has rights to, the variable returns. (*) The Group provides ABPC purchase agreements of W

Basis of preparation

Basis of preparation	12 Months Ended
	Dec. 31, 2018
Disclosure of basis of preparation [Abstract]
Basis of preparation	2. Basis of preparation (a) Statement of compliance The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS are the standards and related interpretations issued by the International Accounting Standards Board (“IASB”). The consolidated financial statements were authorized for issue by the Board of Directors on February 12, 2019, which will be submitted for approval to the stockholder’s meeting to be held on March 27, 2019. (b) Basis of measurement The consolidated financial statements have been prepared on the historical cost basis, except for the following material items in the statement of financial position: • derivative financial instruments are measured at fair value • financial instruments at fair value through profit or loss are measured at fair value • available-for-sale • other comprehensive income at fair values are measured at fair value • financial instruments through profit or loss are measured at fair value • liabilities for cash-settled share-based payment arrangements are measured at fair value • financial liabilities designated as hedged items in a fair value hedge accounting of which changes in fair value attributable to the hedged risk are recognized in profit or loss • liabilities for defined benefit plans that are recognized at the net of the total present value of defined benefit obligations less the fair value of plan assets (c) Functional and presentation currency These consolidated financial statements are presented in Korean won, which is the Controlling Company’s functional currency and the currency of the primary economic environment in which the Group operates. (d) Use of estimates and judgements The preparation of the consolidated financial statements in conformity with IFRS requires management to Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected. Information about critical judgements in applying accounting policies that have a significant effect on the amounts recognized in the consolidated financial statements and information about assumptions and estimation uncertainties that have a significant risk of resulting in a material adjustment within the next financial year are described in Note 5. Management’s assessment of the application of the Group’s accounting policies and their estimates used in the consolidated financial statements is based on the same accounting policies and assumptions used in the consolidated financial statements for the year ended December 31, 2017. • Credit loss allowance The Group recognizes credit loss allowance for expected credit losses on debt instruments, loans and receivables that are measured at amortized cost, loan commitments and financial guarantee contracts in accordance with IFRS 9 ‘ Financial Instruments. (e) Change in accounting policy The Group has adopted the same accounting policies for the year ended December 31, 2018, except for the application of the first amendment standard, effective from January 1, 2018, as explained below. i) IFRS 15, ‘Revenue from Contracts with Customers’ Effective January 1, 2018 the Group has applied IFRS 15, ‘ Revenue from Contracts with Customers’ Revenue’ Construction Contracts’ SIC-31, Revenue-Barter Transactions Involving Advertising Services’ ‘Customer Loyalty Programmes’ ‘Agreement for the Construction of Real Estate’ Transfers of Assets from Customers IAS 18 and other standards outlined revenue recognition for different types of transactions such as sales of goods and services, interest income, loyalty programs, dividend income and construction contracts; however, according to IFRS 15, all types of contracts recognize revenue through five-step revenue recognition model (① ‘Identifying the contract’ g g g g Effects on equity as a result of initial application of IFRS 15 are included in Note 60. ii) IFRS 2, ‘Share-based Payment’ The Standard has been amended to clarify that measurement of cash-settled share-based payment transactions shall reflect both vesting conditions and non-vesting iii) IAS 40, ‘Investment property’ Effective January 1, 2018 and after, the Group has adopted the amendments to IAS 40 Investment Property. The amendment clarifies that it meets the definition of an investment property and, if there is evidence of change in use, it is possible to substitute an investment property. We have also clarified that real estate under construction is included in the scope. The effect of the amendment on the consolidated financial statements is not significant. iv) IFRS 9, ‘Financial Instruments’ The Group has applied IFRS 9 ‘ Financial Instruments Financial Instruments: Recognition and Measurement The main characteristics of IFRS 9 are: classification and measurement of financial instruments based on characteristics of contractual cash flows and business model, impairment model based on expected credit losses, the expansion of the types of qualifying hedging instruments and hedged items, and changes in hedge effectiveness tests, etc. In principle, IFRS 9 should be applied retrospectively. However, there are exemptions for restating the comparative information with respect to classification, measurement of financial instruments, and impairment. In addition, for hedge accounting, the new standard will be applied prospectively except for certain cases such as accounting for the time value of options. As permitted by the transition requirements of IFRS 9, comparative periods have not been restated. The effects of the first application of IFRS 9 on equity items, the reconciliation of the carrying amount of financial assets and financial liabilities, and the adjustment of loss provisions under IAS 39 are included in note 60.

Significant accounting policies

Significant accounting policies	12 Months Ended
	Dec. 31, 2018
Disclosure of significant accounting policies [Abstract]
Significant accounting policies	3. Significant accounting policies Except for the new standards and the amendment to the following standard, which are applied from January 1, 2018, the accounting policies applied by the Group in these consolidated financial statements are the same as those applied by the Group in its consolidated financial statements as of and for the year ended December 31, 2018 and have mentioned on the note 2. (a) Operating segments An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components, whose operating results are reviewed regularly by the chief operating decision maker to make decisions about resources allocated to each segment and assess its performance, and for which discrete financial information is available. The segment reporting to a chief executive officer includes items directly attributable to a segment as well as those that can be allocated on a reasonable basis. Unallocated items comprise mainly general expenses and income tax assets and liabilities. The Group considers the Chief Executive Officer (“CEO”) of the Bank as the chief operating decision maker. It is CEO’s responsible for evaluating the resources to be distributed to the business and the performance of the business, and makes strategic decisions. (b) Basis of consolidation i) Subsidiaries Subsidiaries are investees controlled by the Group. The Group controls an investee when it is exposed to, or has rights to, variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. If a member of the Group uses accounting policies other than those adopted in the consolidated financial statements for the same transactions and events in similar circumstances, appropriate adjustments are made to its financial statements in preparing the consolidated financial statements. ii) Structured entity The Group establishes or invests in various structured entities. A structured entity is an entity designed so that its activities are not governed by way of voting rights. When assessing control of a structured entity, the Group considers factors such as the purpose and the design of the investee; its practical ability to direct the relevant activities of the investee; the nature of its relationship with the investee; and the size of its exposure to the variability of returns of the investee. The Group does not recognize any non-controlling non-controlling iii) Intra-group transactions eliminated on consolidation Intra-group balances, transactions, and any unrealized income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Intra-group losses are recognized as expense if intra-group losses indicate an impairment that requires recognition in the consolidated financial statements. iv) Non-controlling Non-controlling non-controlling non-controlling (c) Business combinations i) Business combinations A business combination is accounted for by applying the acquisition method, unless it is a combination involving entities or businesses under common control. Each identifiable asset and liability is measured at its acquisition-date fair value except for below: • Leases and insurance contracts are required to be classified on the basis of the contractual terms and other factors • Only those contingent liabilities assumed in a business combination that are a present obligation and can be measured reliably are recognized • Deferred tax assets or liabilities are recognized and measured in accordance with IAS 12, ‘Income Taxes’ • Employee benefit arrangements are recognized and measured in accordance with IAS 19, ‘Employee Benefits’ • Indemnification assets are recognized and measured on the same basis as the indemnified liability or asset • Reacquired rights are measured in accordance with special provisions • Liabilities or equity instruments related to share-based payment transactions are measured in accordance with the method in IFRS 2, ‘Share-based Payment’ • Non-current ‘Non-current As of the acquisition date, non-controlling non-controlling The consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition-date fair values of the assets transferred by the acquirer, the liabilities incurred by the acquirer to former owners of the acquirer and the equity interests issued by the acquirer. However, any portion of the acquirer’s share-based payment awards exchanged for awards held by the acquirer’s employee that is included in consideration transferred in the business combination shall be measured in accordance with the method described above rather than at fair value. Acquisition-related costs are costs the acquirer incurs to effect a business combination. Those costs include finder’s fees; advisory, legal, accounting, valuation and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and costs of registering and issuing debt and equity securities. Acquisition-related costs, other than those associated with the issue of debt or equity securities, which are recognized in accordance with IAS 32 and IFRS 9, are expensed in the periods in which the costs are incurred and the services are received. ii) Goodwill The Group measures goodwill at the acquisition date as: • the fair value of the consideration transferred; plus • the recognized amount of any non-controlling • if the business combination is achieved in stages, the fair value of the pre-existing • the net recognized amount (generally fair value) of the identifiable assets acquired and liabilities assumed. When the excess is negative, a bargain purchase gain is recognized immediately in profit or loss. When the Group additionally acquires non-controlling (d) Investments in associates An associate is an entity in which the Group has significant influence, but not control, over the entity’s financial and operating policies. Significant influence is presumed to exist when the Group holds between 20 and 50 percent of the voting power of another entity. A joint venture is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. The investment in an associate and a joint venture is initially recognized at cost, and the carrying amount is increased or decreased to recognize the Group’s share of the profit or loss and changes in equity of the associate and the joint venture after the date of acquisition. Intra-group balances and transactions, and any unrealized income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Intra-group losses are recognized as expense if intra-group losses indicate an impairment that requires recognition in the consolidated financial statements. If an associate or a joint venture uses accounting policies different from those of the Group for like transactions and events in similar circumstances, appropriate adjustments are made to its financial statements in applying the equity method. When the Group’s share of losses exceeds its interest in an equity accounted investee, the carrying amount of that interest, including any long-term investments, is reduced to nil and the recognition of further losses is discontinued except to the extent that the Group has an obligation or has to make payments on behalf of the investee for further losses. (e) Cash and cash equivalents Cash and cash equivalents comprise cash balances and call deposits with original maturities of three months or less from the acquisition date that are subject to an insignificant risk of changes in their fair value, and are used by the Group in the management of its short-term commitments. Equity instruments are excluded from cash equivalents unless they are, in substance, cash equivalents, for example in the case of preferred shares acquired within a short period of their maturity and with a specified redemption date. However, the Group’s account overdraft is included in borrowings. (f) Non-derivative Financial assets are recognized when the Group becomes a party to the contractual provisions of the instrument. In addition, a regular way purchase or sale (a purchase or sale of a financial asset under a contract whose terms require delivery of the asset within the time frame established generally by regulation or convention in the market concerned) is recognized on the trade date. A financial asset is measured initially at its fair value plus, for an item not at Fair Value Through Profit or Loss (“FVTPL”), transaction costs that are directly attributable to its acquisition of the financial asset. Transaction costs on the financial assets at FVTPL that are directly attributable to the acquisition are recognized in profit or loss as incurred. i) Financial assets designated at FVTPL Financial assets can be irrevocably designated as measured at FVTPL despite of classification standards stated below, if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise from measuring assets or liabilities or recognizing the gains or losses on them on different bases. ii) Equity instruments For the equity instruments that are not held for trading, at initial recognition, the Group may make an irrevocable election to present subsequent changes in fair value in other comprehensive income. Equity instruments that are not classified as financial assets at Fair Value through Other Comprehensive Income (“FVOCI”) are classified as financial assets at FVTPL. The Group subsequently measures all equity investments at fair value. Valuation gains or losses of the equity instruments that are classified as financial assets at FVOCI previously recognized as other comprehensive income is not reclassified as profit or loss on derecognition. The Group recognizes dividends in profit or loss when the Group’s right to receive payments of the dividend is established. Valuation gains or losses due to changes in fair value of the financial assets at FVTPL are recognized as gains or losses on financial assets at FVTPL. Impairment loss (reversal) on equity instruments at FVOCI is not recognized separately. iii) Debt instruments Subsequent measurement of debt instruments depends on the Group’s business model in which the asset is managed and the contractual cash flow characteristics of the asset. Debt instruments are classified as financial assets at amortized cost, at FVOCI, or at FVTPL. Debt instruments are reclassified only when the Group’s business model changes. a) Financial assets at amortized cost Assets that are held within a business model whose objective is to hold assets to collect contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortized cost. Impairment losses, and gains or losses on derecognition of the financial assets at amortized cost are recognized in profit or loss. Interest income on the effective interest method is included in the ‘Interest income’ in the consolidated statement of comprehensive income. b) Financial assets at FVOCI Assets that are held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, where the assets’ cash flows represent solely payments of principal and interest, are measured at FVOCI. Other than impairment losses, interest income amortized using effective interest method and foreign exchange differences, gains or losses of the financial assets at FVOCI are recognized as other comprehensive income in equity. On derecognition, gains or losses accumulated in other comprehensive income are reclassified to profit or loss. The interest income on the effective interest method is included in the ‘Interest income’ in the consolidated statement of comprehensive income. Foreign exchange differences and impairment losses are included in the ‘Net foreign currency transaction gain’ and ‘Provision for credit loss allowance’ in the consolidated statement of comprehensive income, respectively. c) Financial assets at FVTPL Debt securities other than financial assets at amortized costs or FVOCI are classified at FVTPL. Unless hedge accounting is applied, gains or losses from financial assets at FVTPL are recognized as profit or loss and are included in ‘Net gain on financial assets at fair value through profit or loss’ in the consolidated statement of comprehensive income. iv) Embedded derivatives Financial assets with embedded derivatives are classified regarding the entire hybrid contract, and the embedded derivatives are not separately recognized. The entire hybrid contract is considered when it is determined whether the contractual cash flows represent solely payments of principal and interest. v) Derecognition of financial assets The Group derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. Any interest in transferred financial assets that is created or retained by the Group is recognized as a separate asset or liability. If the Group retains substantially all the risks and rewards of ownership of the transferred financial assets, the Group continues to recognize the transferred financial assets and recognizes financial liabilities for the consideration received. vi) Offsetting Financial assets and financial liabilities are offset and the net amount is presented in the consolidated statement of financial position only when the Group currently has a legally enforceable right to set off the recognized amounts, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously. (g) Non-derivative The Group recognizes and measures non-derivative held-to-maturity available-for-sale Upon initial recognition, non-derivative i) Financial assets at fair value through profit or loss A financial asset is classified as at fair value through profit or loss if it is held for trading or is designated at fair value through profit or loss. Upon initial recognition, transaction costs are recognized in profit or loss when incurred. Financial assets at fair value through profit or loss are measured at fair value, and changes therein are recognized in profit or loss. A financial asset other than a financial asset held for trading may be designated as at FVTPL upon initial recognition if: • such designation eliminates or significantly reduces a recognition or measurement inconsistency that would otherwise arise; or • the financial asset forms part of a group of financial assets or financial liabilities or both, which is managed and its performance is evaluated on a fair value basis, in accordance with the Group’s documented risk management or investment strategy, and information about the grouping is provided internally on that basis; or • it forms part of a contract containing one or more embedded derivatives that would be required to be separated from the host contract. ii) Held-to-maturity A non-derivative held-to-maturity held-to-maturity iii) Loans and receivables Loans and receivables are financial assets with fixed or determinable payments that are not quoted in an active market. Subsequent to initial recognition, loans and receivables are measured at amortized cost using the effective interest method. iv) Available-for-sale Available-for-sale non-derivative available-for-sale held-to-maturity v) De-recognition The Group derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. Any interest in transferred financial assets that is created or retained by the Group is recognized as a separate asset or liability. If the Group retains substantially all the risks and rewards of ownership of the transferred financial assets, the Group continues to recognize the transferred financial assets and recognizes financial liabilities for the consideration received. vi) Offsetting between financial assets and financial liabilities Financial assets and financial liabilities are offset and the net amount is presented in the consolidated statement of financial position only when the Group currently has a legally enforceable right to offset the recognized amounts, and there is the intention to settle on a net basis or to realize the asset and settle the liability simultaneously. (h) Derivative financial instruments – policy applicable from January 1, 2018 Derivatives are initially recognized at fair value. Subsequent to initial recognition, derivatives are measured at fair value, and changes therein are accounted for as described below. i) Hedge accounting The Group holds forward exchange contracts, interest rate swaps, currency swaps and other derivative contracts to manage interest rate risk and foreign exchange risk. The Group designated derivatives as hedging instruments to hedge the risk of changes in the fair value of assets, liabilities or firm commitments (a fair value hedge) and foreign currency risk of highly probable forecasted transactions or firm commitments (a cash flow hedge). On initial designation of the hedge, the Group formally documents the relationship between the hedging instrument(s) and hedged item(s), including the risk management objectives and strategy in undertaking the hedge transaction, together with the methods that will be used to assess the effectiveness of the hedging relationship. Fair value hedge Changes in the fair value of a derivative hedging instrument designated as a fair value hedge are recognized in profit or loss. The gain or loss from remeasuring the hedging instrument at fair value for a derivative hedging instrument and the gain or loss on the hedged item attributable to the hedged risk are recognized in profit or loss in the same line item of the separate statement of comprehensive income. The Group discontinues fair value hedge accounting if the hedging instrument expires or is sold, terminated or exercised, or if the hedge no longer meets the criteria. Any adjustment arising from G/L on the hedged item attributable to the hedged risk is amortized to profit or loss from the date the hedge accounting is discontinued. Cash flow hedge When a derivative is designated to hedge the variability in cash flows attributable to a particular risk associated with a recognized asset or liability or a highly probable forecasted transaction that could affect profit or loss, the effective portion of changes in the fair value of the derivative is recognized in other comprehensive income, net of tax, and presented in the hedging reserve in equity. Any ineffective portion of changes in the fair value of the derivative is recognized immediately in profit or loss. If the hedging instrument no longer meets the criteria for hedge accounting, expires or is sold, terminated, exercised, or the designation is revoked, then hedge accounting is discontinued prospectively. The cumulative gain or loss on the hedging instrument that has been recognized in other comprehensive income is reclassified to profit or loss in the periods during which the forecasted transaction occurs. If the forecasted transaction is no longer expected to occur, then the balance in other comprehensive income is recognized immediately in profit or loss. Net investment hedge The portion of the change in fair value of a financial instrument designated as a hedging instrument that meets the requirements for hedge accounting for a net investment in a foreign operation is recognized in other comprehensive income and the ineffective portion of the hedge is recognized in profit or loss Recognize. The portion recognized as other comprehensive income that is effective as a hedge is recognized in the statement of comprehensive income as a result of reclassification adjustments in accordance with IAS 21, “Effect of Changes in Foreign Exchange Rates” at the time of disposing of its overseas operations or disposing of a portion of its overseas operations to profit or loss. Other derivative financial instruments Changes in the fair value of other derivative financial instrument not designated as a hedging instrument are recognized immediately in profit or loss. Unobservable valuation differences at initial recognition Any difference between the fair value of over the counter derivatives at initial recognition and the amount that would be determined at that date using a valuation technique in a situation in which the valuation is dependent on unobservable parameters is not recognized in profit or loss but is recognized on a straight-line basis over the life of the instrument or immediately when the fair value becomes observable. (i) Derivative financial instruments – policy applicable before January 1, 2018 Derivatives are initially recognized at fair value. Subsequent to initial recognition, derivatives are measured at fair value, and changes therein are accounted for as described below. i) Hedge accounting The Group holds forward exchange contracts, interest rate swaps, currency swaps and other derivative contracts to manage interest rate risk and foreign exchange risk. The Group designated derivatives as hedging instruments to hedge the risk of changes in the fair value of assets, liabilities or firm commitments (a fair value hedge) and foreign currency risk of highly probable forecasted transactions or firm commitments (a cash flow hedge). On initial designation of the hedge, the Group formally documents the relationship between the hedging instrument(s) and hedged item(s), including the risk management objectives and strategy in undertaking the hedge transaction, together with the methods that will be used to assess the effectiveness of the hedging relationship. • Fair value hedge • Cash flow hedge • Hedge of net investment ii) Separable embedded derivatives Embedded derivatives are separated from the host contract and accounted for separately only if the following criteria has been met: (a) the economic characteristics and risks of the embedded derivative are not closely related to those of the host contract; (b) a separate instrument with the same terms as the embedded derivative would meet the definition of a derivative; and (c) the hybrid instrument is not measured at fair value with changes in fair value recognized in profit or loss. Changes in the fair value of separable embedded derivatives are recognized immediately in profit or loss. iii) Other derivative financial instruments Changes in the fair value of other derivative financial instrument not designated as a hedging instrument are recognized immediately in profit or loss. iv) Unobservable valuation differences at initial recognition Any difference between the fair value of over the counter derivatives at initial recognition and the amount that would be determined at that date using a valuation technique in a situation in which the valuation is dependent on unobservable parameters is not recognized in profit or loss but is recognized on a straight-line basis over the life of the instrument or immediately when the fair value becomes observable. (j) Impairment: Financial assets and contract assets – policy applicable from January 1, 2018 The Group recognize provision for credit loss allowance for debt instruments measured at amortized cost and fair value through other comprehensive income, and lease receivable, loan commitments and financial guarantee contracts using the expected credit loss impairment model. Financial assets migrate through the following three stages based on the change in credit risk since initial recognition and loss allowances for the financial assets are measured at the 12-month Category Provision for credit loss allowance STAGE 1 When credit risk has not increased significantly since the initial recognition 12-months STAGE 2 When credit risk has increased significantly since the initial recognition Lifetime ECL: a lifetime ECL associated with the probability of default events occurring over the remaining lifetime STAGE 3 When assets are impaired Same as above The Group, meanwhile, only recognizes the cumulative changes in lifetime expected credit losses since the initial recognition as a loss allowance for purchased or originated credit-impaired financial assets. The total period refers to the expected life span of the financial instrument up to the contract expiration date. Reflection of forward-looking information The Group reflects forward-looking information presented by internal experts based on a variety of information when measuring expected credit losses. For the purpose of estimating these forward-looking information, the Group utilizes the economic outlook published by domestic and overseas research institutes or government and public agencies. The Group reflects future macroeconomic conditions anticipated from a neutral standpoint that is free from bias in measuring expected credit losses. Expected credit losses in this respect reflect conditions that are most likely to occur and are based on the same assumptions that the Group used in its business plan and management strategy. Measurement of amortization cost regarding the expected credit loss of financial assets The expected credit loss of an amortized financial asset is measured as the difference between the present value of the cash flows expected to be received and the cash flow expected to be received. For this purpose, we calculate expected cash flows for individually significant financial assets. For non-individual Expected credit losses are deducted using the allowance for doubtful accounts and are amortized as if the financial assets were not recoverable. The allowance of bad debts is increased when the loan receivables are subsequently recovered and the changes in the credit loss allowance are recognized in profit or loss. Measurement of estimated credit loss of financial assets at FVOCI The calculation of expected credit losses is the same as for financial assets measured at amortized cost, but changes in credit loss allowance are recognized in other comprehensive income. In the case of disposal and redemption of other comprehensive income – fair value, the credit loss allowance is reclassified from other comprehensive income to profit or loss and recognized in profit or loss. (k) Impairment: Financial assets and contract assets – policy applicable before January 1, 2018 A financial asset not carried at fair value through profit or loss is assessed at each reporting date to determine whether there is objective evidence that it is impaired. A financial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset, and that the loss event had a negative effect on the estimated future cash flows of that asset that can be estimated reliably. However, losses expected as a result of future events, regardless of likelihood, are not recognized. In addition, for an investment in an equity security, a significant or prolonged decline in its fair value below its cost is objective evidence of impairment. If financial assets have objective evidence that they are impaired, impairment losses should be measured and recognized. Objective evidence that a financial asset or group of assets is impaired includes observable data that comes to the attention of the holder of the asset about the following loss events: • significant financial difficulty of the issuer or obligor • a breach of contract, such as a default or delinquency in interest or principal payments; • the lender, for economic or legal reasons relating to the borrower’s financial difficulty, granting to the borrower a concession that the lender would not otherwise consider • it becoming probable that the borrower will enter bankruptcy or other financial reorganization • the disappearance of an active market for that financial asset because of financial difficulties • observable data indicating that there is a measurable decrease in the estimated future cash flows from a group of financial assets since the initial recognition of those assets, although the decrease cannot yet be identified with the individual financial assets in the group. i) Loans and receivables The Group first assesses whether objective evidence of impairment exists individually for loans and receivables that are individually significant, and individually or collectively for financial assets that are not individually significant. If the Group determines that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. Assets that are individually assessed for impairment and for which an impairment loss is or continues to be recognized are not included in a collective assessment of impairment. If there is objective evidence that an impairment loss on loans and receivables has been incurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred) discounted at the financial asset’s original effective interest rate (i.e., the effective interest rate computed at initial recognition). If the interest rate of a loan or receivable is a floating rate, the discount rate used to evaluate impairment loss is the current effective interest rate defined in the loan agreement. The present value of estimated future cash flows of secured financial assets is calculated by including cash flows from collateral after deducting costs to acquire and sell the collateral. In assessing collective impairment, the Group rates and classifies financial assets, based on credit risk assessment or credit rating assessment process that takes into account asset type, industry, regional location, collateral type, delinquency and other relative factors. Future cash flow of financial assets applicable to collective impairment assessment is estimated by using statistical modelling of historical trends of the probability of default, timing of recoveries and the amount of loss incurred, adjusted for management’s judgment as to whether current economic and credit conditions are such that the impairment losses are likely to be greater or less than suggested by historical modelling. In adjusting the future cash flow by historical modelling, the result has to be in line with changes and trends of observable data. Methodologies and assumptions used to estimate future cash flow are evaluated on a regular basis in order to reduce any discrepancy between impairment loss estimation and actual loss. Impairment losses are recognized in profit or loss and reflected in an allowance account against loans and receivables. When a subsequent event causes the amount of impairment loss to decrease, and the decrease can be related objectively to an event occurring after the impairment was recognized, the decrease in impairment loss is reversed through profit or loss of the year. ii) Available-for-sale When a decline in the fair value of an available-for-sale available-for-sale available-for-sale iii) Held-to-maturity An impairment loss in respect of held-to-maturity (l) Property and equipment Property and equipment are initially measured at cost and after initial recognition. The cost of property and equipment includes expenditures arising directly from the construction or acquisition of the asset, any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by ma

Financial risk management

Financial risk management	12 Months Ended
	Dec. 31, 2018
Disclosure of financial risk management [Abstract]
Financial risk management	4. Financial risk management (a) Overview As a financial services provider, Shinhan Financial Group Co., Ltd. and its subsidiaries (collectively the “Group”) are exposed to various risks relating to lending, credit card, insurance, securities investment, and trading and leasing businesses, its deposit taking and borrowing activities in addition to the operating environment. The principal risks to which the Group is exposed are credit risk, market risk, interest rate risk, liquidity risk and operational risk. These risks are recognized, measured and reported in accordance with risk management guidelines established at the Group level and implemented at the subsidiary level through a carefully stratified checks-and-balances i) Risk management principles The Group risk management is guided by the following core principles: • identifying and managing all inherent risks; • standardizing risk management process and methodology; • ensuring supervision and control of risk management independent of business activities; • continuously assessing risk preference; • preventing risk concentration; • operating a precise and comprehensive risk management system including statistical models; and • balancing profitability and risk management through risk-adjusted profit management. ii) Risk management organization The Group risk management system is organized along with the following hierarchy: from the top and at the Group level, the Group Risk Management Committee, the Group Risk Management Council, the Chief Risk Officer and the Group Risk Management Team, and at the subsidiary level, the Risk Management Committees and the Risk Management Team of the relevant subsidiary. The Group Risk Management Committee, which is under the supervision of the controlling company’s Board of Directors, sets the basic group wide risk management policies and strategies. The controlling company’s Chief Risk Officer reports to the Group Risk Management Committee, and the Group Risk Management Council, whose members consist of the controlling company’s Chief Risk Officer and the risk management team heads of each of subsidiaries, coordinates the risk management policies and strategies at the group level as well as at the subsidiary level among each of subsidiaries. Each of subsidiaries also has a separate Risk Management Committee, Risk Management Working Committee and Risk Management Team, whose tasks are to implement the group wide risk management policies and strategies at the subsidiary level as well as to set risk management policies and strategies specific to such subsidiary in line with the group wide guidelines. The Group also has the Group Risk Management Team, which supports the controlling company’s Chief Risk Officer in his or her risk management and supervisory role. In order to maintain the group wide risk at an appropriate level, the Group use a hierarchical risk limit system under which the Group Risk Management Committee assigns reasonable risk limits for the entire group and each of subsidiaries, and the Risk Management Committee and the Risk Management Council of each of subsidiaries manage the subsidiary-specific risks by establishing and managing risk limits in more details by type of risk and type of product for each department and division within such subsidiary. • Risk management – (b) Credit risk Credit risk is the risk of potential economic loss that may be caused if a customer or counterparty to a financial instrument fails to meet its contractual obligations, and the largest risk which the Group is facing. The Group’s credit risk management encompasses all areas of credit that may result in potential economic loss, including not just transactions that are recorded on balance sheets, but also off-balance-sheet • Credit Risk Management of Shinhan Bank Major policies for Shinhan Bank’s credit risk management, including Shinhan Bank’s overall credit risk management plan and credit policy guidelines, are determined by the Risk Policy Committee of Shinhan Bank, the executive decision-making body for management of credit risk. The Risk Policy Committee is headed by the Chief Risk Officer, and also comprises of the Chief Credit Officer, the heads of each business unit and the head of the Risk Management Department. In order to separate the loan approval functions from credit policy decision-making, Shinhan Bank has a Credit Review Committee that performs credit review evaluations, which focus on improving the asset quality and profitability from the loans being made, and operates separately from the Risk Policy Committee. Shinhan Bank complies with credit risk management procedures pursuant to internal guidelines and regulations and continually monitors and improves these guidelines and regulations. Its credit risk management procedures include: • credit evaluation and approval; • credit review and monitoring; and • credit risk assessment and control Each of Shinhan Bank’s borrowers is assigned a credit rating, which is based on a comprehensive internal credit evaluation system that considers a variety of criteria. For retail borrowers, the credit rating takes into account the borrower’s past dealings with Shinhan Bank and external credit rating information, among others. For corporate borrowers, the credit rating takes into account financial indicators as well as non-financial Loans are generally approved after evaluations and approvals by the manager at the branch level as well as the committee of the applicable business unit at Shinhan Bank. The approval limit for retail loans is made based on Shinhan Bank’s automated credit scoring system. In the case of large corporate loans, approval limits are also reviewed and approved by a Credit Officer at the headquarter level. Depending on the size and the importance of the loan, the approval process is further reviewed by the Credit Officer Committee or the Master Credit Officer Committee. If the loan is considered, further evaluation is made by the Credit Review Committee, which is Shinhan Bank’s highest decision-making body in relation to credit approval. Pursuant to the foregoing credit review and monitoring procedures and in order to promptly prevent deterioration of loan qualities, Shinhan Bank classifies potentially problematic borrowers into (i) borrowers that show early warning signals, (ii) borrowers that require close monitoring and (iii) normal borrowers, and treats them differentially accordingly. In order to maintain portfolio-level credit risk at an appropriate level, Shinhan Bank manages its loans using value-at-risk • Credit Risk Management of Shinhan Card Major policies for Shinhan Card’s credit risk management are determined by Shinhan Card’s Risk Management Council and Shinhan Card’s Risk Management Committee is responsible for approving them. Shinhan Card’s Risk Management Council is headed by the Chief Risk Officer, and also comprises of the heads of each business unit, supporting unit and relevant department at Shinhan Card. In order to separate credit policy decision-making from credit evaluation functions, Shinhan Card also has a Risk Management Committee, which evaluates applications for corporate loans exceeding a certain amount and other loans deemed important. Shinhan Card uses an automated credit scoring system to approve credit card applications or credit card authorizations. The credit scoring system is divided into two sub-systems: If a credit score awarded to an applicant is above a minimum threshold, the application is approved unless overridden based on other considerations such as delinquencies with other credit card companies. Shinhan Card continually monitors all accountholders and accounts using a behaviour scoring system. The behaviour scoring system predicts a cardholder’s payment pattern by evaluating the cardholder’s credit history, card usage and amounts, payment status and other relevant data. The behaviour score is recalculated each month and is used to manage the accounts and approval of additional loans and other products to the cardholder. Shinhan Card also uses the scoring system to monitor its overall risk exposure and to modify its credit risk management strategy. i) Techniques, assumptions and input variables used to measure impairment i-1) At each reporting date, the Group assesses whether the credit risk on a financial instrument has increased significantly since initial recognition. When making the assessment, the Group uses the change in the risk of a default occurring over the expected life of the financial instrument instead of the change in the amount of expected credit losses. To make that assessment, the Group compares the risk of a default occurring on the financial instrument as at the reporting date with the risk of a default occurring on the financial instrument as at the date of initial recognition and consider reasonable and supportable information, that is available without undue cost or effort, that is indicative of significant increases in credit risk since initial recognition. i-1-1) The Group assigns an internal credit risk rating to each individual exposure based on observable data and historical experiences that have been found to have a reasonable correlation with the risk of default. The internal credit risk rating is determined by considering both qualitative and quantitative factors that indicate the risk of default, which may vary depending on the nature of the exposure and the type of borrower. i-1-2) The Group accumulates information after analyzing the information regarding exposure to credit risk and default information by the type of product and borrower and results of internal credit risk assessment. For some portfolios, the Group uses information obtained from external credit rating agencies when performing these analyses. The Group applies statistical techniques to estimate the probability of default for the remaining life of the exposure from the accumulated data and to estimate changes in the estimated probability of default over time. i-1-3) The Group uses the indicators defined as per portfolio to determine the significant increase in credit risk and such indicators generally consist of changes in the risk of default estimated from changes in the internal credit risk rating, qualitative factors, days of delinquency, and others. The method used to determine whether credit risk of financial instruments has significantly increased after the initial recognitions is summarized as follows: Corporate exposures Retail exposures Card exposures Significant change in credit ratings Significant change in credit ratings Significant change in credit ratings Continued past due more than 30 days Continued past due more than 30 days Continued past due more than 7 days (personal card) Loan classification of and below precautionary Loan classification of and below precautionary Loan classification of and below precautionary Borrower with early warning signals Borrower with early warning signals Specific pool segment Negative net assets Specific pool segment Adverse audit opinion or disclaimer of opinion Loans relating to constructor whose collective loans are insolvent Interest coverage ratios of below 1 for consecutive three years Negative cash flows from operating activities for consecutive two years The Group considers the credit risk of financial instrument has been significantly increased since initial recognition if a specific exposure is past due more than 30 days (however, for a specific portfolio if it is past due more than 7 days). The Group counts the number of days past due from the earliest date on which the Group has not fully received the contractual payments from the borrower and does not consider the grace period granted to the borrower. The Group regularly reviews the criteria for determining if there have been significant increases in credit risk from the following perspective. • A significant increase in credit risk shall be identified prior to the occurrence of default. • The criteria established to judge the significant increase in credit risk shall have a more predictive power than the criteria for days of delinquency. • As a result of applying the judgment criteria, financial instruments shall not be to move too frequently between the 12-months i-2) If the contractual cash flows on a financial asset have been renegotiated or modified and the financial asset was not derecognized, the Group assesses whether there has been a significant increase in the credit risk of the financial instrument by comparing the risk of a default occurring at initial recognition based on the original, unmodified contractual terms and the risk of a default occurring at the reporting date based on the modified contractual terms. The Group may adjust the contractual cash flows of loans to customers who are in financial difficulties in order to manage the risk of default and enhance the collectability (hereinafter referred to as ‘debt restructuring’). These adjustments generally involve extension of maturity, changes in interest payment schedule, and changes in other contractual terms. Debt restructuring is a qualitative indicator of a significant increase in credit risk and the Group recognizes lifetime expected credit losses for the exposure expected to be the subject of such adjustments. If a borrower faithfully makes payments of contractual cash flows that were modified in accordance with the debt restructuring or if the borrower’s internal credit rating has recovered to the level prior to the recognition of the lifetime expected credit losses, the Group recognizes the 12-months i-3) The Group considers a financial asset to be in default if it meets one or more of the following conditions: • If a borrower is overdue 90 days or more from the contractual payment date, • If the Group judges that it is not possible to recover principal and interest without enforcing the collateral on a financial asset The Group uses the following indicators when determining whether a borrower is in default: • Qualitative factors (e.g. breach of contract terms), • Quantitative factors (e.g. if the same borrower does not perform more than one payment obligations to the Group, the number of days past due per payment obligation. However, in the case of a specific portfolio, the Group uses the number of days past due for each financial instrument) • Internal data and external data The definition of default applied by the Group generally conforms to the definition of default defined for regulatory capital management purposes; however, depending on the situations, the information used to determine whether a default has incurred and the extent thereof may vary. i-4) The Group reflects forward-looking information presented by internal experts based on a variety of information when measuring expected credit losses. For the purpose of estimating these forward-looking information, the Group utilizes the economic outlook published by domestic and overseas research institutes or government and public agencies. The Group reflects future macroeconomic conditions anticipated from a neutral standpoint that is free from bias in measuring expected credit losses. Expected credit losses in this respect reflect conditions that are most likely to occur and are based on the same assumptions that the Group used in its business plan and management strategy. The Group identified the key macroeconomic variables needed to forecast credit risk and credit losses for each portfolio as follows by analyzing past experience data and drew correlations across credit risk for each variable. Key macroeconomic variables Correlation with credit risk Economic growth Negative Consumer price index Negative Benchmark rate Positive 10-year Positive 3-year Positive KOSPI Negative The predicted correlations between the macroeconomic variables and the risk of default, used by the Group, were derived based on data from the past nine years. i-5) Key variables used in measuring expected credit losses are as follows: • Probability of default (“PD”) • Loss given default (“LGD”) • Exposure at default (“EAD”) These variables have been estimated from historical experience data by using the statistical techniques developed internally by the Group and have been adjusted to reflect forward-looking information. Estimates of PD over a specified period are estimated by reflecting characteristics of counterparties and their exposure, based on a statistical model at a specific point of time. The Group uses its own information to develop a statistical credit assessment model used for the estimation, and additional information observed in the market is considered for some portfolios such as a group of large corporates. When a counterparty or exposure is concentrated in specific grades, the method of measuring PD for that grades would be adjusted, and the PD by grade is estimated by considering contract expiration of the exposure. LGD refers to the expected loss if a borrower defaults. The Group calculates LGD based on the experience recovery rate measured from past default exposures. The model for measuring LGD is developed to reflect type of collateral, seniority of collateral, type of borrower, and cost of recovery. In particular, LGD for retail loan products uses loan to value (LTV) as a key variable. The recovery rate reflected in the LGD calculation is based on the present value of recovery amount, discounted at the effective interest rate. EAD refers to the expected exposure at the time of default. The Group derives EAD reflecting a rate at which the current exposure is expected to be used additionally up to the point of default within the contractual limit. EAD of financial assets is equal to the total carrying amount of the asset, and EAD of loan commitments or financial guarantee contracts is calculated as the sum of the amount expected to be used in the future. When measuring expected credit losses on financial assets, the Group reflects a period of expected credit loss measurement based on a contractual maturity. The Group takes into consideration of the extension rights held by a borrower when deciding the contractual maturity. Risk factors of PD, LGD and EAD are collectively estimated according to the following criteria: • Type of products • Internal credit risk rating • Type of collateral • Loan to value (LTV) • Industry that the borrower belongs to • Location of the borrower or collateral • Days of delinquency The criteria classifying groups is periodically reviewed to maintain homogeneity of the group and adjusted if necessary. The Group uses external benchmark information to supplement internal information for a particular portfolio that did not have sufficient internal data accumulated from the past experience. i-6) Write-off The Group writes off a portion of or entire loan or debt security that is not expected to receive its principal and interest. In general, the Group conducts write-off write-off write-off, write-off ii) Maximum exposure to credit risk Exposure to credit risk is the exposure related to due from banks, loans, investments in debt securities, derivative transactions, off-balance The Group’s maximum exposure to credit risk without taking into account of any collateral held or other credit enhancements as of December 31, 2017 and December 31, 2018 are as follows: 2017 Due from banks and loans (*1)(*3): Banks W 13,373,140 Retail 124,868,554 Government 14,442,747 Corporations 123,637,882 Card receivable 20,119,514 296,441,837 Trading assets 23,829,943 Financial assets designated at FVTPL 2,344,701 AFS financial assets 37,186,552 HTM financial assets 24,990,680 Derivative assets 3,400,178 Other financial assets (*1)(*2) 12,041,304 Financial guarantee contracts 3,267,707 Loan commitments and other credit liabilities 139,264,031 W 542,766,933 (*1) The maximum exposure amounts for due from banks, loans and other financial assets are recorded as net of allowances. (*2) Other financial assets mainly comprise brokerage, securities and spot transaction related receivables, accrued interest receivables, secured key money deposits and domestic exchange settlement debit settled in a day. (*3) Due from banks and loans were classified as similar credit risk group when calculating the BIS ratio under new Basel Capital Accord (Basel III). 2018 Due from banks and loans at amortized cost (*1)(*3): Banks W 17,935,816 Retail 136,499,558 Government 6,517,215 Corporations 131,795,992 Card receivable 21,592,287 314,340,868 Deposits and loans at FVTPL (*1)(*3) Bank 890,660 Corporations 1,189,190 2,079,850 Securities at FVTPL 40,289,846 Securities measured at fair value – OCI 37,677,646 Securities measured at amortized cost 28,478,136 Derivative assets 1,793,613 Other financial assets (*1)(*2) 16,837,141 Financial guarantee contracts 4,413,874 Loan commitments and other credit liabilities 165,399,937 W (*1) The maximum exposure amounts for due from banks, loans and other financial assets at amortized cost are recorded as net of allowances. (*2) Other financial assets mainly comprise brokerage, securities and spot transaction related receivables, accrued interest receivables, secured key money deposits and domestic exchange settlement debit settled in a day. (*3) Due from banks and loans were classified as similar credit risk group when calculating the BIS ratio under new Basel Capital Accord (Basel III). iii) The maximum amount of exposure to credit risk by type of collateral of held financial instruments as of December 31, 2018 is as follows: 12 months Life time expected credit loss Total Classification Not recognized Recognized Guarantee W 13,608,254 3,870,047 61,623 17,539,924 Deposits and Savings 1,016,391 241,567 1,379 1,259,337 Property and equipment 1,051,573 244,571 18,766 1,314,910 Real estate 119,174,347 13,856,638 281,943 133,312,928 Securities 3,460,263 105,397 — 3,565,660 Other 2,593,792 28 218 2,594,038 Total W 140,904,620 18,318,248 363,929 159,586,797 iv) Impairment information by credit risk of financial assets • Credit loss allowances of financial assets as of December 31, 2018 are as follows: 12-month Life time expected credit loss Total Allowances Net Mitigation of due to Grade 1 (*1) Grade 2 (*1) Grade 1 (*1) Grade 2 (*1) Impaired Due from banks and loans at amortized cost: Banks W 16,873,064 980,673 94,866 11,493 — 17,960,096 (24,280 ) 17,935,816 55,008 Retail 122,318,451 6,122,202 4,991,709 3,103,779 402,975 136,939,116 (439,558 ) 136,499,558 81,216,489 Government 6,474,219 2,399 45,871 — — 6,522,489 (5,274 ) 6,517,215 17,050 Corporations 82,476,923 28,445,914 9,800,260 11,659,375 882,394 133,264,866 (1,468,874 ) 131,795,992 74,069,579 Card receivable 16,129,536 2,022,525 1,791,147 2,039,390 411,595 22,394,193 (801,906 ) 21,592,287 7,599 244,272,193 37,573,713 16,723,853 16,814,037 1,696,964 317,080,760 (2,739,892 ) 314,340,868 155,365,725 Securities at fair value through other comprehensive income (*2) 30,705,879 6,865,937 — 105,830 — 37,677,646 — 37,677,646 — Securities at amortized cost 27,661,749 803,174 22,474 — — 28,487,397 (9,261 ) 28,478,136 — Ending balance W 302,639,821 45,242,824 16,746,327 16,919,867 1,696,964 383,245,803 (2,749,153 ) 380,496,650 155,365,725 (*1) Credit quality of due from banks and loans was classified based on the internal credit rating as follows: Type of Borrower Grade 1 Grade 2 Banks and governments OECD sovereign credit rating of 6 or above (as applied to the nationality of the banks and governments) OECD sovereign credit rating of below 6 (as applied to the nationality of the banks and governments) Retail Pool of retail loans with probability of default of less than 2.25% Pool of retail loans with probability of default of 2.25% or more Corporations Internal credit rating of BBB+ or above Internal credit rating of below BBB+ (Probability of default for loans with internal credit rating of BBB is 2.25%) Credit cards For individual card holders, score of 7 or higher in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans For individual card holders, score of below 7 in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans (*2) Provision for credit loss allowance for securities at fair value through other comprehensive income amounted to W • Credit quality of due from banks and loans that are neither past due nor impaired as of December 31, 2017 are as follows: 2017 Banks Retail Government Corporations Card Total Grade 1 (*3) W 13,382,414 116,304,917 14,447,016 86,831,895 16,314,189 247,280,431 Grade 2 (*3) 7,857 8,056,563 — 36,835,347 3,473,826 48,373,593 13,390,271 124,361,480 14,447,016 123,667,242 19,788,015 295,654,024 Less: allowance (collective) (17,131 ) (212,502 ) (4,269 ) (647,694 ) (288,362 ) (1,169,958 ) W 13,373,140 124,148,978 14,442,747 123,019,548 19,499,653 294,484,066 Mitigation of credit risk due to collateral (*2) W 96,835 80,354,889 — 64,018,607 6,358 144,476,689 (*1) Credit quality of deposits and loans is classified according to internal credit rating. (*2) The credit risk mitigation effect of the collateral was estimated based on the fair value of the collateral. (*3) Credit quality of due from banks and loans was classified based on the internal credit rating as follows: Type of Borrower Grade 1 Grade 2 Banks and governments OECD sovereign credit rating of 6 or above (as applied to the nationality of the banks and governments) OECD sovereign credit rating of below 6 (as applied to the nationality of the banks and governments) Retail Pool of retail loans with probability of default of less than 2.25% Pool of retail loans with probability of default of 2.25% or more Corporations Internal credit rating of BBB+ or above Internal credit rating of below BBB+ (Probability of default for loans with internal credit rating of BBB is 2.25%) Credit cards For individual card holders, score of 7 or higher in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans For individual card holders, score of below 7 in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans • Aging analyses of due from banks and loans that are past due but not impaired as of December 31, 2017 are as follows: 2017 Banks Retail Government Corporations Card Total Less than 30 days W — 458,968 — 131,624 446,658 1,037,250 30 days ~ less than 60 days — 65,152 — 33,749 58,283 157,184 60 days ~ less than 90 days — 42,427 — 16,972 37,972 97,371 90 days or more — 15,430 — 11,787 390 27,607 — 581,977 — 194,132 543,303 1,319,412 Less: allowance — (56,774 ) — (8,898 ) (81,990 ) (147,662 ) W — 525,203 — 185,234 461,313 1,171,750 Mitigation of credit risk due to collateral W — 325,631 — 94,388 90 420,109 • Due from banks and loans that are impaired as of December 31, 2017 are as follows: 2017 Banks Retail Government Corporations Card Total Impaired W — 362,707 — 1,010,036 420,316 1,793,059 Less: allowance — (168,334 ) — (576,936 ) (261,768 ) (1,007,038 ) W — 194,373 — 433,100 158,548 786,021 Mitigation of credit risk due to collateral W — 128,906 — 384,815 12 513,733 v) Credit risk exposures per credit grade of off-balance • Credit risk exposures per credit grade of off-balance 2018 Grade 1 (*1) Grade 2 (*1) Impaired Total Financial guarantee: 12-month W 2,137,695 1,975,877 — 4,113,572 Life time expected credit loss 146,236 152,277 — 298,513 Impaired — — 1,789 1,789 2,283,931 2,128,154 1,789 4,413,874 Loan commitment and other credit line: 12-month 137,920,323 19,044,745 — 156,965,068 Life time expected credit loss 6,636,365 1,787,965 — 8,424,330 Impaired — — 10,539 10,539 144,556,688 20,832,710 10,539 165,399,937 W 146,840,619 22,960,864 12,328 169,813,811 (*1) Grade 1: BBB+ or above per internal credit rating Grade 2: Below BBB+ per internal credit rating vi) Credit ratings of debt securities • Credit ratings of debt securities as of December 31, 2017 are as follows: 2017 Trading assets Financial assets Available–for- Held-to-maturity Total AAA W 8,837,093 630,247 23,949,843 20,057,480 53,474,663 AA- 5,193,659 589,193 5,582,125 3,956,290 15,321,267 A- 5,442,892 792,715 4,300,764 444,711 10,981,082 BBB- 1,614,012 252,258 1,508,224 166,906 3,541,400 Lower than BBB- 275,200 — 435,651 177,840 888,691 Unrated 2,277,790 80,288 1,409,945 187,453 3,955,476 W 23,640,646 2,344,701 37,186,552 24,990,680 88,162,579 • The credit quality of securities (debt securities) according to the credit ratings by external rating agencies is as follows: Internal credit ratings KIS (*1) KR (*2) S&P Fitch Moody’s AAA — — AAA AAA Aaa AA- AAA AAA AA- AA- Aa3 to Aa1 A- AA- AA- A- A- A3 to A1 BBB- BBB- BBB- BBB- BBB- Baa3 to Baa1 Lower than BBB- Lower than BBB- Lower than BBB- Lower than BBB- Lower than BBB- Lower than Baa3 Unrated Unrated Unrated Unrated Unrated Unrated (*1) KIS: Korea Investors Service (*2) KR: Korea Ratings • Credit status of debt securities as of December 31, 2017 are as follows: 2017 Neither past due nor impaired W 88,160,626 Impaired 1,953 W 88,162,579 • Credit quality of derivative assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Grade 1 (*1)(*2) W 3,290,638 1,687,005 Grade 2 (*1)(*2) 109,540 106,608 W 3,400,178 1,793,613 (*1) Credit qualities of derivative assets were classified based on the internal credit ratings of counterparties. (*2) Grade 1: Internal credit rating of BBB+ or above, Grade 2: Internal credit rating of below BBB+ vii) Concentration by geographic location An analysis of concentration by geographic location for financial instrument, net of allowance, as of December 31, 2017 and 2018 are as follows: 2017 Korea USA England Japan Germany Vietnam China Other Total Due from banks and loans: Banks W 6,315,655 1,186,576 205,705 268,533 144,382 583,094 3,420,223 1,248,972 13,373,140 Retail 119,993,323 346,746 3,811 2,695,890 2,057 745,725 615,079 465,923 124,868,554 Government 12,887,534 130,553 — 388,142 134,011 35,786 664,030 202,691 14,442,747 Corporations 110,025,699 2,371,400 175,038 2,169,445 73,998 1,613,022 2,530,507 4,678,773 123,637,882 Card 20,002,457 7,434 282 2,208 174 76,608 16,806 13,545 20,119,514 269,224,668 4,042,709 384,836 5,524,218 354,622 3,054,235 7,246,645 6,609,904 296,441,837 Trading assets 23,294,062 235,474 189,297 985 8,704 5,074 60,037 36,310 23,829,943 Financial assets designated at FVTPL 2,262,222 82,479 — — — — — — 2,344,701 AFS financial assets 34,323,438 1,242,570 14,517 163,652 32,148 474,134 510,678 425,415 37,186,552 HTM financial assets 22,458,896 1,466,037 — 34,487 — 237,641 37,096 756,523 24,990,680 W 351,563,286 7,069,269 588,650 5,723,342 395,474 3,771,084 7,854,456 7,828,152 384,793,713 2018 Korea USA England Japan Germany Vietnam China Other Total Due from banks and loans at amortized cost: Banks W 8,996,272 1,712,675 462,540 640,895 213,399 947,315 3,221,442 1,741,278 17,935,816 Retail 130,034,683 359,668 4,432 3,440,623 2,151 1,031,299 974,568 652,134 136,499,558 Government 4,257,877 499,742 — 750,676 108,667 182,822 546,597 170,834 6,517,215 Corporations 116,621,693 2,707,273 109,295 2,578,989 96,468 1,846,470 2,621,744 5,214,060 131,795,992 Card 21,453,128 8,435 301 2,107 208 92,992 20,785 14,331 21,592,287 281,363,653 5,287,793 576,568 7,413,290 420,893 4,100,898 7,385,136 7,792,637 314,340,868 Deposits and loans at FVTPL: Bank 186,465 704,195 — — — — — — 890,660 Corporations 1,189,190 — — — — — — — 1,189,190 1,375,655 704,195 — — — — — — 2,079,850 Securities measured at FVTPL 38,782,201 973,716 163,658 28,062 11,507 20,740 104,853 205,109 40,289,846 Securities at FVOCI 34,667,702 1,209,756 21,749 197,234 46,417 392,668 616,143 525,977 37,677,646 Securities at amortized cost 26,053,245 1,048,909 — 68,594 — 360,953 34,923 911,512 28,478,136 W 382,242,456 9,224,369 761,975 7,707,180 478,817 4,875,259 8,141,055 9,435,235 422,866,346 viii) Concentration by industry sector An analysis of concentration by industry sector of financial instrument, net of allowance, as of December 31, 2017 and 2018 are as follows: 2017 Finance and Manu- Retail and Real estate Construction Hotel and food Other Retail Total Due from banks and loans at amortized cost: Banks W 11,094,855 1,592 — 56,744 — — 2,219,949 — 13,373,140 Retail — — — — — — — 124,868,554 124,868,554 Government 13,381,461 1,314 — — — — 1,059,972 — 14,442,747 Corporations 5,474,353 40,364,768 16,563,849 23,005,675 2,880,851 2,413,929 32,934,457 — 123,637,882 Card receivable 41,825 295,290 140,117 37,801 38,580 12,257 395,145 19,158,499 20,119,514 29,992,494 40,662,964 16,703,966 23,100,220 2,919,431 2,426,186 36,609,523 144,027,053 296,441,837 Trading assets 17,183,669 1,139,609 1,206,133 176,27

Significant estimate and judgme

Significant estimate and judgment	12 Months Ended
	Dec. 31, 2018
Disclosure of significant estimate and judgment [Abstract]
Significant estimate and judgment	5. Significant estimates and judgments The preparation of consolidated financial statements requires the application of certain critical estimates and judgments relative to the future. Management’s estimated outcomes may differ from actual outcomes. The change in an accounting estimate is recognized prospectively in profit or loss in the period of the change, if the change affects that period only, or the period of the change and future periods, if the change affects both. (a) Estimation of impairment of goodwill The Group reviews the goodwill annually in accordance with the accounting policy in Note 3. The recoverable amount of the cash-generating unit (group) was determined based on the value-in-use (b) Income taxes The Group is subject to tax laws from various countries. In the normal course of business, there are various types of transactions and different accounting methods that may add uncertainties to the decision of the final income taxes. The Group has recognized current and deferred taxes that reflect tax consequences based on the best estimates in which the Group expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. However, actual income taxes in the future may not be identical to the recognized deferred tax assets and liabilities, and this difference can affect current and deferred tax at the period when the final tax effect is determined. (c) Fair value of financial instruments The fair values of financial instruments which are not actively traded in the market are determined by using valuation techniques. The Group determines valuation methods and assumptions based on significant market conditions at the end of each reporting period. Diverse valuation techniques are used to determine the fair value of financial instruments, from generic valuation techniques to internally developed valuation models that incorporate various types of assumptions and variables. (d) Credit loss allowance, guarantees and unused loan commitments The Group determines and recognizes allowances for losses on debt securities, loans and other receivables measured at amortized cost or FVOCI, and recognizes provisions for guarantees and unused loan commitments through impairment testing. The accuracy of allowances and provisions for credit losses is determined by the estimation of expected cash flows for individually assessed allowances, and methodology and assumptions used for collectively assessed allowances and provisions for groups of loans, guarantees and unused loan commitments. (e) Defined benefit obligation The present value of a defined benefit obligation that is measured by actuarial valuation methods uses various assumptions which can change according to various elements. The rate used to discount post-employment benefit obligations is determined by reference to market yields at the end of the reporting period on high quality corporate bonds. The currency and term of the corporate bonds are consistent with the currency and estimated term of the post-employment benefit obligations. Actuarial gains and losses including experience adjustments and the effects of changes in actuarial assumptions are recognized in other comprehensive income. Other significant assumptions related to defined benefit obligations are based on current market situations. (f) Hedging relationship The Group expects a high risk hedging effect throughout the hedging period in designating the hedging relationship and it is probable that the hedged transaction will be highly probable in the cash flow hedge.

Investment in subsidiaries

Investment in subsidiaries	12 Months Ended
	Dec. 31, 2018
Disclosure of investment in subsidiaries [Abstract]
Investment in subsidiaries	6. Investment in subsidiaries (a) The summarized financial information of the controlling company and the Group’s major subsidiaries as of December 31, 2017 and 2018 is as follows: 2017 (*3) 2018 Investees (*1)(*2) Asset balance Liability balance Equity balance Asset balance Liability balance Equity balance Shinhan Financial Group (separate) W 27,639,783 7,447,705 20,192,078 30,114,232 8,464,164 21,650,068 Shinhan Bank 324,314,242 301,660,298 22,653,944 348,523,615 324,331,076 24,192,539 Shinhan Card Co., Ltd. 26,367,562 20,092,443 6,275,119 29,429,455 23,427,988 6,001,467 Shinhan Investment Corp. 28,644,288 25,391,599 3,252,689 29,140,427 25,767,858 3,372,569 Shinhan Life Insurance Co., Ltd. 29,719,359 27,987,427 1,731,932 31,823,631 30,078,522 1,745,109 Shinhan Capital Co., Ltd. 5,315,366 4,603,786 711,580 6,116,585 5,368,265 748,320 Jeju Bank 5,562,924 5,158,123 404,801 5,980,941 5,507,949 472,992 Shinhan Credit Information 22,726 8,144 14,582 24,377 8,750 15,627 Shinhan Alternative Investment Management Inc. 86,902 76,250 10,652 102,079 92,194 9,885 Shinhan BNP Paribas Asset Management Co., Ltd. 174,839 18,286 156,553 173,964 14,841 159,123 SHC Management Co., Ltd. 9,438 190 9,248 9,755 198 9,557 Shinhan DS 39,799 24,446 15,353 43,095 23,118 19,977 Shinhan Savings Bank 1,287,170 1,139,533 147,637 1,454,290 1,291,012 163,278 Shinhan AITAS Co., Ltd. 58,158 6,209 51,949 65,725 7,367 58,358 Shinhan REITs Management 29,319 71 29,248 36,298 3,496 32,802 (*1) The consolidated financial statements of the consolidated subsidiaries are based on consolidated financial statements, if applicable. (*2) Trusts, beneficiary certificates, securitization special limited liability companies, associates and private equity investment specialists that are not actually operating their own business are excluded. (*3) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (b) The summarized income information of the controlling company and the Group’s major subsidiaries for the years ended December 31, 2016, 2017 and 2018 is as follows: 2016 2017(*3) 2018 Investees (*1)(*2) Operating Income Net Income Comprehensive Operating Income Net Income Comprehensive Operating Income Net Income Comprehensive Shinhan Financial Group(separate) W 1,739,924 1,470,250 1,469,850 1,008,868 754,727 755,018 1,519,197 1,234,883 1,234,044 Shinhan Bank 16,672,337 1,940,621 1,717,969 21,240,193 1,712,314 1,496,582 19,731,711 2,279,362 2,333,266 Shinhan Card Co., Ltd. 4,672,819 707,344 558,438 5,186,592 898,723 787,956 3,752,232 517,761 477,135 Shinhan Investment Corp. 4,549,941 115,440 120,238 5,558,862 211,919 195,910 5,553,118 251,268 269,058 Shinhan Life Insurance Co., Ltd. 5,693,702 150,556 109,754 5,997,997 120,642 46,062 5,633,679 131,021 150,997 Shinhan Capital Co., Ltd. 302,710 33,868 34,059 351,772 87,647 88,128 439,031 103,400 100,317 Jeju Bank 190,191 25,160 19,969 208,661 25,143 22,053 224,766 27,446 30,579 Shinhan Credit Information Co., Ltd. 24,975 (1,174 ) (1,047 ) 32,836 340 377 37,616 1,392 985 Shinhan Alternative Investment Management Inc. 2,404 512 844 29,410 (844 ) (842 ) 21,590 (780 ) (780 ) Shinhan BNP Paribas Asset Management Co., Ltd. 69,834 14,302 14,363 77,474 19,705 20,073 78,378 18,868 18,980 SHC Management Co., Ltd. 115 416 416 177 1,036 1,036 140 309 309 Shinhan DS 79,004 1,186 2,617 79,063 1,404 2,482 99,279 1,314 1,525 Shinhan Savings Bank 64,229 12,505 11,170 78,516 16,800 16,757 94,636 19,384 18,919 Shinhan AITAS Co., Ltd. 37,061 7,631 7,631 40,781 6,481 6,481 44,729 8,461 8,461 Shinhan REITs Management Co., Ltd. — — — 70 (752 ) (752 ) 7,386 3,564 3,552 (*1) The consolidated financial statements of the consolidated subsidiaries are based on consolidated financial statements, if applicable. (*2) Trusts, beneficiary certificates, securitization special limited liability companies, associates and private equity investment specialists that are not actually operating their own business are excluded. (*3) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (c) Change in the scope of consolidation (1) Change in consolidated subsidiaries for the year ended December 31, 2017 are as follows: Company Description Included (2017) Shinhan REITs Management Newly invested subsidiary (2) Change in consolidated subsidiaries for the year ended December 31, 2018 are as follows: Company Description Included (2018) PT Shinhan Asset Management Indonesia Newly acquired subsidiary SHINHAN DS VIETNAM CO, LTD Newly invested subsidiary Subsidiaries such as trust, beneficiary certificate, corporate restructuring fund and private equity fund which are not actually operating their own business are excluded.

Operating segments

Operating segments	12 Months Ended
	Dec. 31, 2018
Disclosure of operating segments [Abstract]
Operating segments	7. Operating segments (a) Segment information The general descriptions by operating segments as of December 31, 2018 are as follows: Segment Description Banking The banking segment offers commercial banking services such as lending to and receiving deposits from corporations and individuals and also includes securities investing and trading and derivatives trading primarily through domestic and overseas bank branches and subsidiaries. Credit card The credit card segment primarily consists of the credit card business of Shinhan Card, including its installment finance and automobile leasing businesses. Securities Securities segment comprise securities trading, underwriting and brokerage services. Life insurance Life insurance segment consists of life insurance services provided by Shinhan Life Insurance. Others Leasing, assets management and other businesses. (b) The following tables provide information of income and expense for each operating segment for the years ended December 31, 2016, 2017 and 2018: 2016 Banking Credit card Securities Life Others Consolidation Total Net interest income W 4,605,046 1,484,697 390,761 704,489 13,028 7,345 7,205,366 Net fees and commission income 717,097 408,601 248,845 19,068 169,081 2,847 1,565,539 Impairment losses on financial assets (746,126 ) (347,179 ) (8,035 ) (9,559 ) (85,009 ) 245 (1,195,663 ) General and administrative expenses (2,907,314 ) (802,037 ) (406,017 ) (227,639 ) (215,759 ) 50,191 (4,508,575 ) Other income (expense), net 190,909 296,829 (82,480 ) (326,251 ) 43,783 (80,815 ) 41,975 Operating income 1,859,612 1,040,911 143,074 160,108 (74,876 ) (20,187 ) 3,108,642 Equity method income 8,615 — (273 ) (1,188 ) 4,277 (1,436 ) 9,995 Income tax expense 64,214 235,140 30,066 2,951 14,190 (1,008 ) 345,553 Profit (loss) for the period W 1,866,811 806,313 115,440 150,556 (79,150 ) (35,051 ) 2,824,919 Controlling interest W 1,866,446 814,836 115,438 150,556 (79,151 ) (93,347 ) 2,774,778 Non-controlling 365 (8,523 ) 2 — 1 58,296 50,141 2017(*) Banking Credit card Securities Life Others Consolidation Total Net interest income W 5,107,888 1,501,054 433,047 727,917 69,231 3,816 7,842,953 Net fees and commission income 816,795 359,408 297,718 53,271 180,510 3,252 1,710,954 Impairment losses on financial assets (674,706 ) (291,694 ) (15,752 ) (13,162 ) (36,830 ) 18,596 (1,013,548 ) General and administrative expenses (3,149,436 ) (831,927 ) (444,935 ) (222,650 ) (234,649 ) 72,399 (4,811,198 ) Other income (expense), net (11,556 ) 567,234 (17,229 ) (385,226 ) 53,815 (106,173 ) 100,865 Operating income 2,088,985 1,304,075 252,849 160,150 32,077 (8,110 ) 3,830,026 Equity method income (loss) 1,306 — 12,081 (910 ) 8,796 (880 ) 20,393 Income tax expense 418,679 285,853 63,472 41,441 32,805 6,153 848,403 Profit for the period W 1,623,425 1,012,755 211,919 120,642 9,600 (29,136 ) 2,949,205 Controlling interest W 1,623,184 1,027,823 211,907 120,642 9,600 (74,340 ) 2,918,816 Non-controlling 241 (15,068 ) 12 — — 45,204 30,389 2018 Banking Credit card Securities Life Others Consolidation Total Net interest income W 5,707,813 1,583,100 429,095 761,742 95,618 2,721 8,580,089 Net fees and commission income 850,646 433,043 388,944 69,780 198,828 (2,244 ) 1,938,997 Reversal of (provision of) credit loss (250,134 ) (466,447 ) (9,226 ) (13,400 ) (10,238 ) 1,568 (747,877 ) General and administrative expenses (3,098,629 ) (751,580 ) (493,906 ) (227,740 ) (263,046 ) 93,326 (4,741,575 ) Other income (expense), net (163,104 ) 74,954 17,963 (409,151 ) 80,857 (131,739 ) (530,220 ) Operating income 3,046,592 873,070 332,870 181,231 102,019 (36,368 ) 4,499,414 Equity method income (977 ) — 15,228 (1,026 ) 6,909 (2,646 ) 17,488 Income tax expense 832,494 225,837 95,438 50,429 59,556 4,591 1,268,345 Profit (loss) for the period W 2,195,263 629,307 251,268 131,021 49,168 (57,762 ) 3,198,265 Controlling interest W 2,194,950 630,993 251,265 131,021 49,168 (100,675 ) 3,156,722 Non-controlling 313 (1,686 ) 3 — — 42,913 41,543 (*) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (c) The following tables provide information of net interest income (expense) of each operating segment for the years ended December 31, 2016, 2017 and 2018 2016 Banking Credit card Securities Life Others Consolidation Total Net interest income from: External customers W 4,610,536 1,507,748 392,973 704,188 (10,079 ) — 7,205,366 Internal transactions (5,490 ) (23,051 ) (2,212 ) 301 23,107 7,345 — W 4,605,046 1,484,697 390,761 704,489 13,028 7,345 7,205,366 2017 Banking Credit card Securities Life Others Consolidation Total Net interest income from: External customers W 5,113,584 1,517,399 427,888 727,975 56,107 — 7,842,953 Internal transactions (5,696 ) (16,345 ) 5,159 (58 ) 13,124 3,816 — W 5,107,888 1,501,054 433,047 727,917 69,231 3,816 7,842,953 2018 Banking Credit card Securities Life Others Consolidation Total Net interest income from: External customers W 5,714,568 1,602,849 423,156 762,978 76,538 — 8,580,089 Internal transactions (6,755 ) (19,749 ) 5,939 (1,236 ) 19,080 2,721 — W 5,707,813 1,583,100 429,095 761,742 95,618 2,721 8,580,089 (d) The following tables provide information of net fees and commission income (expense) of each operating segment for the years ended December 31, 2016, 2017 and 2018 2016 Banking Credit card Securities Life Others Consolidation Total Net fees and commission income from: External customers W 744,464 427,592 255,999 26,769 110,715 — 1,565,539 Internal transactions (27,367 ) (18,991 ) (7,154 ) (7,701 ) 58,366 2,847 — W 717,097 408,601 248,845 19,068 169,081 2,847 1,565,539 2017 Banking Credit card Securities Life Others Consolidation Total Net fees and commission income from: External customers W 844,349 384,356 306,407 60,555 115,287 — 1,710,954 Internal transactions (27,554 ) (24,948 ) (8,689 ) (7,284 ) 65,223 3,252 — W 816,795 359,408 297,718 53,271 180,510 3,252 1,710,954 2018 Banking Credit card Securities Life Others Consolidation Total Net fees and commission income from: External customers W 872,631 464,342 400,227 77,145 124,652 — 1,938,997 Internal transactions (21,985 ) (31,299 ) (11,283 ) (7,365 ) 74,176 (2,244 ) — W 850,646 433,043 388,944 69,780 198,828 (2,244 ) 1,938,997 (e) Financial information of geographical area The following table provides information of income from external consumers by geographical area for the years ended December 31, 2016, 2017 and 2018. 2016 2017 (*2) 2018 Domestic W 2,876,073 3,504,780 4,023,916 Overseas 232,569 325,246 475,498 W 3,108,642 3,830,026 4,499,414 The following table provides information of non-current 2017 (*2) 2018 Domestic W 7,513,736 7,597,266 Overseas 199,660 201,574 W 7,713,396 7,798,840 (*1) Non-current (*2) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. 7. Operating segments (a) Segment information The general descriptions by operating segments as of December 31, 2018 are as follows: Segment Description Banking The banking segment offers commercial banking services such as lending to and receiving deposits from corporations and individuals and also includes securities investing and trading and derivatives trading primarily through domestic and overseas bank branches and subsidiaries. Credit card The credit card segment primarily consists of the credit card business of Shinhan Card, including its installment finance and automobile leasing businesses. Securities Securities segment comprise securities trading, underwriting and brokerage services. Life insurance Life insurance segment consists of life insurance services provided by Shinhan Life Insurance. Others Leasing, assets management and other businesses. (b) The following tables provide information of income and expense for each operating segment for the years ended December 31, 2016, 2017 and 2018: 2016 Banking Credit card Securities Life Others Consolidation Total Net interest income W 4,605,046 1,484,697 390,761 704,489 13,028 7,345 7,205,366 Net fees and commission income 717,097 408,601 248,845 19,068 169,081 2,847 1,565,539 Impairment losses on financial assets (746,126 ) (347,179 ) (8,035 ) (9,559 ) (85,009 ) 245 (1,195,663 ) General and administrative expenses (2,907,314 ) (802,037 ) (406,017 ) (227,639 ) (215,759 ) 50,191 (4,508,575 ) Other income (expense), net 190,909 296,829 (82,480 ) (326,251 ) 43,783 (80,815 ) 41,975 Operating income 1,859,612 1,040,911 143,074 160,108 (74,876 ) (20,187 ) 3,108,642 Equity method income 8,615 — (273 ) (1,188 ) 4,277 (1,436 ) 9,995 Income tax expense 64,214 235,140 30,066 2,951 14,190 (1,008 ) 345,553 Profit (loss) for the period W 1,866,811 806,313 115,440 150,556 (79,150 ) (35,051 ) 2,824,919 Controlling interest W 1,866,446 814,836 115,438 150,556 (79,151 ) (93,347 ) 2,774,778 Non-controlling 365 (8,523 ) 2 — 1 58,296 50,141 2017(*) Banking Credit card Securities Life Others Consolidation Total Net interest income W 5,107,888 1,501,054 433,047 727,917 69,231 3,816 7,842,953 Net fees and commission income 816,795 359,408 297,718 53,271 180,510 3,252 1,710,954 Impairment losses on financial assets (674,706 ) (291,694 ) (15,752 ) (13,162 ) (36,830 ) 18,596 (1,013,548 ) General and administrative expenses (3,149,436 ) (831,927 ) (444,935 ) (222,650 ) (234,649 ) 72,399 (4,811,198 ) Other income (expense), net (11,556 ) 567,234 (17,229 ) (385,226 ) 53,815 (106,173 ) 100,865 Operating income 2,088,985 1,304,075 252,849 160,150 32,077 (8,110 ) 3,830,026 Equity method income (loss) 1,306 — 12,081 (910 ) 8,796 (880 ) 20,393 Income tax expense 418,679 285,853 63,472 41,441 32,805 6,153 848,403 Profit for the period W 1,623,425 1,012,755 211,919 120,642 9,600 (29,136 ) 2,949,205 Controlling interest W 1,623,184 1,027,823 211,907 120,642 9,600 (74,340 ) 2,918,816 Non-controlling 241 (15,068 ) 12 — — 45,204 30,389 2018 Banking Credit card Securities Life Others Consolidation Total Net interest income W 5,707,813 1,583,100 429,095 761,742 95,618 2,721 8,580,089 Net fees and commission income 850,646 433,043 388,944 69,780 198,828 (2,244 ) 1,938,997 Reversal of (provision of) credit loss (250,134 ) (466,447 ) (9,226 ) (13,400 ) (10,238 ) 1,568 (747,877 ) General and administrative expenses (3,098,629 ) (751,580 ) (493,906 ) (227,740 ) (263,046 ) 93,326 (4,741,575 ) Other income (expense), net (163,104 ) 74,954 17,963 (409,151 ) 80,857 (131,739 ) (530,220 ) Operating income 3,046,592 873,070 332,870 181,231 102,019 (36,368 ) 4,499,414 Equity method income (977 ) — 15,228 (1,026 ) 6,909 (2,646 ) 17,488 Income tax expense 832,494 225,837 95,438 50,429 59,556 4,591 1,268,345 Profit (loss) for the period W 2,195,263 629,307 251,268 131,021 49,168 (57,762 ) 3,198,265 Controlling interest W 2,194,950 630,993 251,265 131,021 49,168 (100,675 ) 3,156,722 Non-controlling 313 (1,686 ) 3 — — 42,913 41,543 (*) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (c) The following tables provide information of net interest income (expense) of each operating segment for the years ended December 31, 2016, 2017 and 2018 2016 Banking Credit card Securities Life Others Consolidation Total Net interest income from: External customers W 4,610,536 1,507,748 392,973 704,188 (10,079 ) — 7,205,366 Internal transactions (5,490 ) (23,051 ) (2,212 ) 301 23,107 7,345 — W 4,605,046 1,484,697 390,761 704,489 13,028 7,345 7,205,366 2017 Banking Credit card Securities Life Others Consolidation Total Net interest income from: External customers W 5,113,584 1,517,399 427,888 727,975 56,107 — 7,842,953 Internal transactions (5,696 ) (16,345 ) 5,159 (58 ) 13,124 3,816 — W 5,107,888 1,501,054 433,047 727,917 69,231 3,816 7,842,953 2018 Banking Credit card Securities Life Others Consolidation Total Net interest income from: External customers W 5,714,568 1,602,849 423,156 762,978 76,538 — 8,580,089 Internal transactions (6,755 ) (19,749 ) 5,939 (1,236 ) 19,080 2,721 — W 5,707,813 1,583,100 429,095 761,742 95,618 2,721 8,580,089 (d) The following tables provide information of net fees and commission income (expense) of each operating segment for the years ended December 31, 2016, 2017 and 2018 2016 Banking Credit card Securities Life Others Consolidation Total Net fees and commission income from: External customers W 744,464 427,592 255,999 26,769 110,715 — 1,565,539 Internal transactions (27,367 ) (18,991 ) (7,154 ) (7,701 ) 58,366 2,847 — W 717,097 408,601 248,845 19,068 169,081 2,847 1,565,539 2017 Banking Credit card Securities Life Others Consolidation Total Net fees and commission income from: External customers W 844,349 384,356 306,407 60,555 115,287 — 1,710,954 Internal transactions (27,554 ) (24,948 ) (8,689 ) (7,284 ) 65,223 3,252 — W 816,795 359,408 297,718 53,271 180,510 3,252 1,710,954 2018 Banking Credit card Securities Life Others Consolidation Total Net fees and commission income from: External customers W 872,631 464,342 400,227 77,145 124,652 — 1,938,997 Internal transactions (21,985 ) (31,299 ) (11,283 ) (7,365 ) 74,176 (2,244 ) — W 850,646 433,043 388,944 69,780 198,828 (2,244 ) 1,938,997 (e) Financial information of geographical area The following table provides information of income from external consumers by geographical area for the years ended December 31, 2016, 2017 and 2018. 2016 2017 (*2) 2018 Domestic W 2,876,073 3,504,780 4,023,916 Overseas 232,569 325,246 475,498 W 3,108,642 3,830,026 4,499,414 The following table provides information of non-current 2017 (*2) 2018 Domestic W 7,513,736 7,597,266 Overseas 199,660 201,574 W 7,713,396 7,798,840 (*1) Non-current (*2) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively.

Cash and Due from banks at amor

Cash and Due from banks at amortized cost	12 Months Ended
	Dec. 31, 2018
Cash and Due from banks at amortized cost [Abstract]
Cash and Due from banks at amortized cost	8. Cash and due from banks at amortized cost (a) Cash and due from banks at amortized cost as of December 31, 2018 are as follows: 2018 Cash and cash equivalents W 2,617,231 Deposits in won: Reserve deposits 2,360,416 Time deposits 1,346,015 Other 2,271,812 5,978,243 Deposits in foreign currency: Deposits 5,045,513 Time deposits 2,791,486 Other 930,977 8,767,976 Allowance for credit losses (14,824 ) W 17,348,626 (b) Restricted due from banks at amortized cost as of December 31, 2018 are as follows: 2018 Deposits denominated in won: Reserve deposits W 2,360,416 Other (*1) 2,182,119 4,542,535 Deposits denominated in foreign currency 1,632,971 W 6,175,506 (*1) Pursuant to the Regulation on Financial Investment Business, the Group is required to deposit certain portions of customers’ deposits with the Korean Securities Finance Corporation (“KSFC”) or banks to ensure repayment of customer deposits and the deposits may not be pledged as collateral.

Cash and due from banks

Cash and due from banks	12 Months Ended
	Dec. 31, 2018
Cash and Due from Banks [Abstract]
Cash and due from banks	9. Cash and due from banks (a) Cash and due from banks as of December 31, 2017 are as follows: 2017 Cash and cash equivalents W 1,792,527 Deposits in won: Reserve deposits 8,689,515 Time deposits 1,361,612 Other 3,023,087 13,074,214 Deposits in foreign currency: Deposits 4,064,408 Time deposits 3,053,464 Other 698,039 7,815,911 Allowance for credit losses (14,054 ) W 22,668,598 (b) Restricted due from banks as of December 31, 2017 are as follows: 2017 Deposits denominated in won: Reserve deposits W 8,689,515 Other (*1) 3,628,419 12,317,934 Deposits denominated in foreign currency 1,117,597 W 13,435,531 (*1) Pursuant to the Regulation on Financial Investment Business, the Group is required to deposit certain portions of customers’ deposits with the Korean Securities Finance Corporation (“KSFC”) or banks to ensure repayment of customer deposits and the deposits may not be pledged as collateral.

Financial assets at fair value

Financial assets at fair value through profit or loss	12 Months Ended
	Dec. 31, 2018
Financial assets at fair value through profit or loss [Abstract]
Disclosure of financial assets at fair value through profit or loss	10. Financial assets at fair value through profit or loss (a) Financial assets at fair value through profit or loss as of December 31, 2018 are as follows: 2018 Debt securities: Governments W 2,765,054 Financial institutions 9,415,470 Corporations 6,664,839 Stocks with put option 381,844 Equity investment with put option 1,080,723 Beneficiary certificates 9,062,004 Commercial papers 5,535,397 CMA (*1) 3,001,831 Others (*2) 2,227,802 40,134,964 Equity securities: Stocks 1,050,097 Equity investment 4,908 Others 110,066 1,165,071 41,300,035 Other: Loans at fair value 1,209,194 Due from banks at fair value 870,656 Gold deposits 154,881 W 43,534,766 (*1) CMA: Cash management account deposits (*2) Restricted reserve for claims of customers’ deposits (trusts) as of December 31, 2018 are W (b) Financial assets to which overlay approach were applied in accordance with IFRS 9 ‘Financial Instruments’ and IFRS 4 ‘Insurance Contracts’ as of December 31, 2018 are as follows. 2018 Due from banks at fair value through profit or loss W 870,656 Securities at fair value through profit or loss 3,160,525 W 4,031,181 A financial asset is eligible for designation for the overlay approach, if it is measured at fair value through profit or loss applying IFRS 9 but would not have been measured at fair value through profit or loss in its entirety applying IAS 39; and it is not held in respect of an activity that is not associated with contracts within the scope of IFRS 4. The reclassified amounts between profit or loss and other comprehensive income due to the overlay approach as of and for the year ended December 31, 2018 are as follows: Profit or loss Other comprehensive IFRS 9 IAS 39 Amount Tax effect Net gain (loss) on valuation of financial assets at fair value through profit or loss W (77,179) (4,425 ) (72,754 ) 20,007 Net gain (loss) on disposal of financial assets at fair value through profit or loss 4,310 6,498 (2,188 ) 602 W (72,869) 2,073 (74,942 ) 20,609

Trading assets

Trading assets	12 Months Ended
	Dec. 31, 2018
Trading assets [Abstract]
Trading assets	11. Trading assets Trading assets as of December 31, 2017 are as follows: 2017 Debt securities: Governments W 3,254,587 Financial institutions 8,014,128 Corporations 5,097,200 Commercial papers 3,625,436 CMA (*1) 3,157,475 Others 491,820 23,640,646 Equity securities: Stocks 738,666 Beneficiary certificates 3,728,027 Others 167,660 4,634,353 Other Gold deposits 189,297 W 28,464,296 (*1) CMA: Cash management account deposits

Financial asset designated at f

Financial asset designated at fair value through profit or loss(IAS39)	12 Months Ended
	Dec. 31, 2018
Financial asset designated at fair value through profit or loss [Abstract]
Financial asset designated at fair value through profit or loss(IAS39)	12. Financial asset designated at fair value through profit or loss Financial asset designated at fair value through profit or loss as of December 31, 2017 are as follows: 2017 Reason for designation Debt securities W 2,110,809 Evaluation and management on a fair value basis, accounting mismatch Equity securities (*1) 1,234,356 Evaluation and management on a fair value basis, accounting mismatch Others 233,892 Combined instrument W 3,579,057 (*1) Restricted reserve for claims of customers’ deposits (trusts) as of December 31, 2017 are W

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2018
Derivatives [Abstract]
Derivatives	13. Derivatives (a) The notional amounts of derivatives as of December 31, 2017 and 2018 are as follows: 2017 2018 Foreign currency related: Over the counter: Currency forwards W 100,806,648 139,804,552 Currency swaps 30,269,510 31,794,900 Currency options 1,178,047 1,939,939 132,254,205 173,539,391 Exchange traded: Currency futures 1,179,986 436,714 133,434,191 173,976,105 Interest rates related: Over the counter: Interest rate swaps 30,269,249 31,228,489 Interest rate options 310,000 294,000 30,579,249 31,522,489 Exchange traded: Interest rate futures 1,545,905 1,739,697 Interest rate swaps (*1) 53,625,962 56,862,374 55,171,867 58,602,071 85,751,116 90,124,560 Credit related: Over the counter: Credit swaps 2,443,609 3,094,077 Equity related: Over the counter: Equity swaps and forwards 4,223,096 5,149,967 Equity options 1,230,635 645,709 5,453,731 5,795,676 Exchange traded: Equity futures 526,913 630,409 Equity options 3,238,049 2,708,557 3,764,962 3,338,966 9,218,693 9,134,642 Commodity related: Over the counter: Commodity swaps and forwards 931,644 1,062,588 Commodity options 4,880 4,780 936,524 1,067,368 Exchange traded: Commodity futures and options 122,394 245,751 1,058,918 1,313,119 Hedge: Currency forwards 1,227,354 1,522,306 Currency swaps 3,866,015 4,143,828 Interest rate swaps 8,088,422 10,147,731 13,181,791 15,813,865 W 245,088,318 293,456,368 (*1) The notional amount of derivatives which is settled in the ‘Central Counter Party (CCP)’ system. (b) Fair values of derivative instruments as of December 31, 2017 and 2018 are as follows: 2017 2018 Assets Liabilities Assets Liabilities Foreign currency related: Over the counter: Currency forwards W 1,895,225 1,636,715 912,795 870,984 Currency swaps 854,892 865,551 393,702 372,725 Currency options 12,023 12,070 7,637 12,273 2,762,140 2,514,336 1,314,134 1,255,982 Exchange traded: Currency futures 416 553 11 — 2,762,556 2,514,889 1,314,145 1,255,982 Interest rates related: Over the counter: Interest rate swaps 204,449 208,901 251,251 172,019 Interest rate options — 1,893 — 5,347 204,449 210,794 251,251 177,366 Exchange traded: Interest rate futures 1,771 544 412 1,569 206,220 211,338 251,663 178,935 Credit related: Over the counter: Credit swaps 63,359 10,617 37,951 14,916 Equity related: Over the counter: Equity swap and forwards 112,282 13,502 51,869 205,709 Equity options 91,040 12,177 2,265 2,352 203,322 25,679 54,134 208,061 Exchange traded: Equity futures 72 805 15,937 778 Equity options 23,562 18,521 37,690 109,795 23,634 19,326 53,627 110,573 226,956 45,005 107,761 318,634 Commodity related: Over the counter: Commodity swaps and forwards 15,576 22,593 7,548 74,158 Commodity options 72 77 27 29 15,648 22,670 7,575 74,187 Exchange traded: Commodity futures 6,037 315 8,226 4,016 W 21,685 22,985 15,801 78,203 Hedge: Currency forwards W 50,492 1,567 9,185 30,497 Currency swaps 59,399 161,896 21,976 79,492 Interest rate swaps 9,511 519,364 35,131 483,233 119,402 682,827 66,292 593,222 W 3,400,178 3,487,661 1,793,613 2,439,892 (c) Gain or loss on valuation of derivatives for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Foreign currency related Over the counter Currency forwards W (80,907 ) 85,498 41,188 Currency swaps 7,193 91,410 (34,444 ) Currency options 9,704 5,422 8,247 (64,010 ) 182,330 14,991 Exchange traded Currency futures (33 ) (137 ) 11 (64,043 ) 182,193 15,002 Interest rates related Over the counter Interest rate swaps (68,490 ) (17,805 ) 86,675 Interest rate options 1,116 413 (1,459 ) (67,374 ) (17,392 ) 85,216 Exchange traded Interest rate futures 3,849 6,950 (2,512 ) (63,525 ) (10,442 ) 82,704 Credit related Over the counter Credit swaps 10,761 46,593 (8,318 ) Equity related Over the counter Equity swap and forwards 111,723 73,490 (270,929 ) Equity options 11,639 36,662 4,326 123,362 110,152 (266,603 ) Exchange traded Equity futures 626 (733 ) 15,159 Equity options 3,420 22,315 (44,163 ) 4,046 21,582 (29,004 ) 127,408 131,734 (295,607 ) Commodity related Over the counter Commodity swaps and forwards (8,988 ) 13,435 (89,902 ) Commodity options (44 ) (10 ) 33 (9,032 ) 13,425 (89,869 ) Exchange traded Commodity futures 98 5,722 4,209 (8,934 ) 19,147 (85,660 ) Hedge Currency forwards (80,958 ) 48,050 (26,031 ) Currency swaps 19,366 (143,737 ) 66,156 Interest rate swaps (239,596 ) (191,233 ) 38,767 (301,188 ) (286,920 ) 78,892 W (299,521 ) 82,305 (212,987 ) (d) Impact of hedge accounting on the consolidated financial statements i) Gains (losses) on fair value hedged items and hedging instruments attributable to the hedged ineffectiveness for the year ended December 31, 2018 were as follows: Gains on Gains on Hedge ineffectiveness Fair value hedges Interest rate swaps (*1) W (76,573 ) 79,635 3,062 Foreign exchange risk (*1) 55,188 (60,380 ) (5,192 ) W (21,385 ) 19,255 (2,130 ) (*1) The related account categories are presented as interest rate swap assets / liabilities and currency swap assets. (*2) Ineffective portion of hedge: The difference between hedging instruments and hedged items ii) Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year, the amounts recognized in the income statement and other comprehensive income are as follows. Gains on hedges Hedge ineffectiveness From cash flow hedge Cash flow hedges Foreign exchange risk (*1) W 65,386 (5,188 ) 70,051 Interest rate risk (*1) (23,186 ) — — Hedge of net investments Foreign exchange risk (*1) (35,879 ) (3,765 ) — W 6,321 (8,953 ) 70,051 (*1) The related account categories are presented as interest rate swap assets / liabilities and currency swap assets / liabilities, currency forwards assets / liabilities and borrowings. (*2) Ineffective portion of hedge: The difference between hedging instruments and hedged items. (e) Nominal values and average hedge ratio for derivatives as of December 31, 2018 are as follows: 2018 Less than 1~2 2~3 3~4 4~5 More than Total Interest risk: Nominal values: W 190,000 737,632 723,177 707,254 1,305,584 6,484,084 10,147,731 Average hedge ratio: 100 % 100 % 100 % 100 % 100 % 100 % 100 % Exchange risk: Nominal values: 2,731,517 1,958,746 827,158 1,038,935 302,423 — 6,858,779 Average hedge ratio: 100 % 100 % 100 % 100 % 100 % — 100 % (f) Effect of hedge accounting on financial statement, statement of comprehensive income, statement of changes in equity i) Purpose and strategy of risk avoidance The Group transacts with derivative financial instruments to hedge its interest rate risk and currency risk arising from the assets and liabilities of the Group. The Group applies the fair value hedge accounting for the changes in the market interest rates of the Korean won structured notes, foreign currency generated financial debentures, structured deposits in foreign currencies, foreign currency structured deposits and foreign currency investment receivables; and cash flow hedge accounting for interest rate swaps and currency swaps to hedge cash flow risk due to interest rates and foreign exchange rates of the Korean won debt, the Korean won bonds, foreign currency bonds, etc. In addition, in order to hedge the exchange rate risk of the net investment in overseas business, the Group applies the net investment hedge accounting for foreign operations using currency forward and non-derivative ii) Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity Nominal amount BV of asset (*1) BV of liabilities (*1) Changes if fair Fair value hedges Interest rate swap W 9,377,731 35,093 467,381 55,244 Currency swap 33,543 433 — (1,502 ) Cash flow hedge Interest rate swap 770,000 38 15,853 (23,186 ) Currency swap 4,110,285 21,543 79,492 (54 ) Currency forward 1,298,686 3,191 24,925 (33,460 ) Hedge of net investments in foreign operations Currency forward 223,620 5,994 5,572 (3,261 ) Borrowings 1,192,645 — 1,186,792 (36,383 ) (*1) The related account categories are presented as interest rate swap assets / liabilities and currency forwards. iii) Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity BV BV of Assets of Liabilities of Changes if Cash flow Foreign Fair value hedges Interest rate risk W 293,215 8,873,059 (2,832 ) (524,459 ) (56,462 ) — — Foreign exchange risk 62,406 — — — 2,675 — — Cash flow hedge Interest rate risk — 1,539,005 — — — (10,184 ) — Foreign exchange risk 2,795,320 2,716,148 — — 63,860 (2,006 ) — Hedge of net investments in foreign operations Foreign exchange risk — — — — (35,879 ) — 138,416 (*1) The related account categories are presented as interest rate swap assets / liabilities and currency forwards.

Loans at amortized cost

Loans at amortized cost	12 Months Ended
	Dec. 31, 2018
Loans at amortized cost [Abstract]
Loans at amortized cost	14. Loans at amortized cost (a) Loans at amortized cost as of December 31, 2018 are as follows: 2018 Household loans W 120,832,081 Corporate loans 152,164,476 Public and other loans 2,831,026 Loans to banks 3,585,563 Credit card receivables 22,447,614 301,860,760 Discount (23,588 ) Deferred loan origination costs and fees 497,368 302,334,540 Less: Allowance for credit loss (2,725,068 ) W 299,609,472 (b) Changes in book value of Loans at amortized cost and other assets as of December 31, 2018 are as follows: Loans at amortized cost Other assets (*1) 12 month Life time Impaired 12 month Life time Impaired Total Beginning balance W 245,310,809 30,030,619 1,784,601 31,599,203 456,538 23,243 309,205,013 Transfer (from) to 12 month expected credit losses 7,532,588 (7,527,159 ) (5,429 ) 28,028 (28,024 ) (4 ) — Transfer (from) to lifetime expected credit losses (20,879,174 ) 20,943,897 (64,723 ) (51,596 ) 51,607 (11 ) — Transfer (from) to credit- impaired financial assets (1,948,419 ) (185,166 ) 2,133,585 (22,162 ) (2,986 ) 25,148 — Origination 130,894,396 529,735 315,389 30,085,141 27,251 21,930 161,873,842 Collection (93,938,952 ) (10,682,116 ) (1,008,819 ) (30,207,574 ) (410,559 ) (4,236 ) (136,252,256 ) Charge off — — (851,397 ) — — (20,984 ) (872,381 ) Disposal (121,915 ) (19,056 ) (582,491 ) — (495 ) (13,083 ) (737,040 ) Others (*2) 749,646 (52,157 ) (23,752 ) 77,654 6,129 — 757,520 Ending balance W 267,598,979 33,038,597 1,696,964 31,508,694 99,461 32,003 333,974,698 (*1) The amortized cost includes the gross carrying amount of deposits and other assets. (*2) Other changes are due to bond adjustment, investment conversion, and exchange rate fluctuations. (*3) The amount of uncollected loans receivable (principal and interest) is W (c) Changes in allowance for credit loss of Loans at amortized cost and other financial assets as of December 31, 2018 are as follows: Loans at amortized cost Other assets (*1) 12 month Life time Impaired 12 month Life time Impaired Total Beginning balance W 730,613 1,088,259 1,053,114 39,048 7,666 20,166 2,938,866 Transfer (from) to 12 month expected credit losses 115,780 (114,614 ) (1,166 ) 581 (578 ) (3 ) — Transfer (from) to lifetime expected credit losses (61,415 ) 103,502 (42,087 ) (212 ) 222 (10 ) — Transfer (from) to credit- impaired financial assets (2,509 ) (40,729 ) 43,238 (94 ) (2,209 ) 2,303 — Provided (reversed) 23,662 159,565 521,288 (1,998 ) 1,775 24,293 728,585 Charge off — — (851,397 ) — — (20,984 ) (872,381 ) Discount — — (20,778 ) — — — (20,778 ) Disposal (636 ) (374 ) (59,567 ) — (7 ) (2,736 ) (63,320 ) Collection — — 311,280 — — 1,815 313,095 Others (*2) (74,495 ) (167,687 ) 12,221 2,602 61 (80 ) (227,378 ) Ending balance W 731,000 1,027,922 966,146 39,927 6,930 24,764 2,796,689 (*1) The amortized cost includes the gross carrying amount of deposits and other assets. (*2) Other changes are due to bond adjustment, investment conversion, and exchange rate fluctuations. (d) Changes in deferred loan origination costs for the year ended December 31, 2018 are as follows: 2018 Beginning balance (*1) W 434,746 Loan origination 235,032 Amortization (172,410 ) Ending balance W 497,368 (*1) The beginning balance for 2018 was restated in accordance with IFRS 9.

Loans

Loans	12 Months Ended
	Dec. 31, 2018
Loans [Abstract]
Loans	15. Loans (a) Loans as of December 31, 2017 are as follows: 2017 Household loans W 111,590,777 Corporate loans 139,989,642 Public and other 2,297,631 Loans to banks 2,969,784 Card receivables 20,640,857 277,488,691 Discount (44,936 ) Deferred loan origination costs and fees 432,615 277,876,370 Allowance for credit losses (2,310,604 ) W 275,565,766 (b) Changes in the allowance for credit losses for the year ended December 31, 2017 are as follows: 2017 Loans Other (*3) Total Beginning balance W 2,360,795 66,896 2,427,691 Provision for (reversal of) allowance (*1) 799,577 15,672 815,249 Write-offs (973,943 ) (20,063 ) (994,006 ) Effect of discounting (*2) (23,316 ) — (23,316 ) Disposal (63,091 ) 16 (63,075 ) Recoveries 311,042 1,591 312,633 Others (*1)(*4) (100,460 ) (379 ) (100,839 ) Ending balance W 2,310,604 63,733 2,374,337 (*1) As the accounting for the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*2) Interest income from impaired financial assets (*3) Included allowance for due from banks and other assets (*4) Other changes were due to debt restructuring, debt-equity swap, and foreign exchange rate, etc. (c) Changes in deferred loan origination costs for the year ended December 31, 2017 are as follows: 2017 Beginning balance W 395,394 Loan origination 178,890 Amortization (141,669 ) Ending balance W 432,615

Securities at fair value throug

Securities at fair value through other comprehensive income and securities at amortised cost	12 Months Ended
	Dec. 31, 2018
Securities at fair value through other comprehensive income and securities at amortized cost [Abstract]
Securities at fair value through other comprehensive income and securities at amortised cost	16. Securities at fair value through other comprehensive income and securities at amortized cost (a) Details of securities at FVOCI and securities at amortized cost as of December 31, 2018 are as follows: 2018 Securities at FVOCI: Debt securities: Government bonds W 8,975,391 Financial institutions bonds 17,341,330 Corporate bonds 11,360,924 37,677,645 Equity securities (*1): Stocks 630,010 Equity investments 6,515 636,525 38,314,170 Securities at amortized cost: Debt securities: Government bonds 18,000,454 Financial institutions bonds 2,171,623 Corporate bonds and others 8,306,059 28,478,136 W 66,792,306 (*1) Equity securities in the above table are classified as other comprehensive income – equity securities designated as fair value items, and other comprehensive income and fair value options were exercised for the purpose of holding as required by the policy. (b) Changes in carrying value of debt securities at fair value through other comprehensive income and securities at amortized cost for the year ended December 31, 2018 are as follows: Securities at fair value through other Securities at amortized cost 12 month Life time Total 12 month Life time Total Beginning allowance W 36,641,928 15,879 36,657,807 24,403,423 21,444 24,424,867 Transfer to 12 month expected credit loss — — — — — — Transfer to life time expected credit loss (26,187 ) 26,187 — — — — Transfer to impaired financial asset — — — — — — Origination 26,938,512 98,778 27,037,290 5,836,342 — 5,836,342 Disposal (7,182,343 ) (18,687 ) (7,201,030 ) — — — Repayment (19,338,938 ) — (19,338,938 ) (1,607,467 ) (3 ) (1,607,470 ) Others (*1) 538,842 (16,326 ) 522,516 (167,377 ) 1,034 (166,343 ) Ending balance W 37,571,814 105,831 37,677,645 28,464,921 22,475 28,487,396 (*1) Included the effects from changing currency rate. (c) Changes in allowance for credit loss of debt securities at fair value through other comprehensive income and securities at amortized cost for the year ended December 31, 2018 are as follows: Securities at fair value through other Securities at amortized cost 12 month Life time Total 12 month Life time Total Beginning allowance W 17,038 1,938 18,976 6,327 2,232 8,559 Transfer to 12 month expected credit loss — — — — — — Transfer to life time expected credit loss (234 ) 234 — — — — Transfer to impaired financial asset — — — — — — Provided (reversed) 15,286 (3,220 ) 12,066 4,615 (2,215 ) 2,400 Disposal (5,251 ) (229 ) (5,480 ) — — — Others (*1) (1,117 ) 1,639 522 (1,699 ) — (1,699 ) Ending balance W 25,722 362 26,084 9,243 17 9,260 (*1) Included the effects from changing currency rate (d) Gain or loss on disposal of securities at fair value through other comprehensive income and securities at amortized cost for the year ended December 31, 2018 are as follows: 2018 Gain on disposal of securities at FVOCI W 28,018 Loss on disposal of securities at FVOCI (7,464 ) Loss on disposal of securities at amortized cost (9 ) W 20,545 (e) Income or loss on equity securities at fair value through other comprehensive income As of December 31, 2018, the Group recognizes dividends amounting to W In addition, the disposition of equity securities at fair value through other comprehensive income are as follows: 2018 Fair value at the date of disposal W 3,285 Cumulative net profit at the time of disposal (3,635 )

Available-for-sale financial as

Available-for-sale financial assets and held-to-maturity financial assets	12 Months Ended
	Dec. 31, 2018
Available-for-sale financial assets and held-to-maturity financial assets [Abstract]
Available-for-sale financial assets and held-to-maturity financial assets	17. Available-for-sale held-to-maturity (a) Available-for-sale held-to-maturity 2017 Available-for-sale Debt securities: Government bonds W 7,570,104 Financial institution bonds 17,649,694 Corporate bonds and others 11,966,754 37,186,552 Equity securities (*1): Stocks 1,026,666 Equity investments 749,818 Beneficiary certificates 3,126,851 Others 27,050 4,930,385 42,116,937 Held-to-maturity Debt securities: Government bonds 15,164,133 Financial institutions bonds 2,708,148 Corporate bonds and others 7,118,399 24,990,680 W 67,107,617 (*1) Equity securities with no quoted market prices in active markets and for which the fair value cannot be measured reliably are recorded at cost were W (b) Gain or loss on sale of available-for-sale 2016 2017 Gain on sale of available-for-sale W 707,134 529,411 Loss on sale of available-for-sale (59,593 ) (30,224 ) W 647,541 499,187

Property and equipment, net

Property and equipment, net	12 Months Ended
	Dec. 31, 2018
Property and equipment, net [Abstract]
Property and equipment, net	18. Property and equipment (a) Details of property and equipment as of December 31, 2017 and 2018 were as follows: 2017 Acquisition cost Accumulated Book value Land W 1,819,912 — 1,819,912 Buildings 1,158,661 (275,240 ) 883,421 Others 1,958,787 (1,640,348 ) 318,439 W 4,937,360 (1,915,588 ) 3,021,772 2018 Acquisition cost Accumulated Book value Land W 1,827,711 — 1,827,711 Buildings 1,173,888 (321,319 ) 852,569 Others 2,002,755 (1,679,149 ) 323,606 W 5,004,354 (2,000,468 ) 3,003,886 (b) Changes in property and equipment for the years ended December 31, 2017 and 2018 were as follows: 2017 Land Buildings Others Total Beginning balance W 1,885,233 941,043 319,337 3,145,613 Acquisitions (*1) 1,460 24,354 129,435 155,249 Disposals (*1) (5,487 ) (357 ) (3,163 ) (9,007 ) Depreciation — (44,285 ) (129,256 ) (173,541 ) Impairment — — (16 ) (16 ) Amounts transferred from(to) investment properties (59,263 ) (32,519 ) — (91,782 ) Amounts transferred from(to) non-current (1,815 ) (3,521 ) — (5,336 ) Effects of foreign currency movements (216 ) (1,294 ) 2,102 592 Ending balance W 1,819,912 883,421 318,439 3,021,772 (*1) W construction-in 2018 Land Buildings Others Total Beginning balance W 1,819,912 883,421 318,439 3,021,772 Acquisitions (*1) 33 14,612 136,244 150,889 Disposals (*1) (17,735 ) (3,282 ) (9,699 ) (30,716 ) Depreciation — (47,207 ) (124,564 ) (171,771 ) Impairment — — — — Amounts transferred from(to) investment property 23,972 4,227 — 28,199 Amounts transferred from(to) non-current (32 ) (48 ) — (80 ) Effects of foreign currency movements 1,561 846 3,186 5,593 Ending balance W 1,827,711 852,569 323,606 3,003,886 (*1) W construction-in (*2) Included buildings, land. (c) Insured assets and liability insurance as of December 31, 2018 were as follows: Type of insurance Insured assets Amount covered Insurance company Comprehensive insurance for financial institutions Cash (including 23,200 Samsung Fire & Marine Insurance Co., Ltd., etc. Comprehensive Property insurance Property Total Risk, 1,328,969 Samsung Fire & Marine Insurance Co., Ltd., etc. Fire insurance Business property 70,351 Meritz Fire & Marine Insurance Co., Ltd., etc. Compensation liability insurance for officers Officer liability 50,000 Meritz Fire & Marine Insurance Co., Ltd., etc. Compensation liability insurance for employee accident Executives 32,743 Meritz Fire & Marine Insurance Co., Ltd., etc. Burglary insurance Cash and securities 18,195 Samsung Fire & Marine Insurance Co., Ltd., etc. Others Personal 80,724 Samsung Fire & Marine Insurance Co., Ltd.,etc.

Intangible assets, net

Intangible assets, net	12 Months Ended
	Dec. 31, 2018
Intangible assets, net [Abstract]
Intangible assets, net	19. Intangible assets (a) Details of intangible assets as of December 31, 2017 and 2018 were as follows: 2017 (*1) 2018 Goodwill W 3,901,260 3,903,518 Software 83,829 102,393 Development cost 75,322 82,536 Others 212,910 231,687 W 4,273,321 4,320,134 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (b) Changes in intangible assets for the years ended December 31, 2017 and 2018 were as follows: 2017 Goodwill Software Development Other Total Beginning balance W 3,873,060 94,261 56,563 202,628 4,226,512 Acquisitions — 27,354 40,378 56,982 124,714 Business combination (*1) 28,200 — — 15,255 43,455 Disposals — (21 ) — (12,901 ) (12,922 ) Impairment (*2) — — (206 ) 26 (180 ) Amortization (*3) — (38,095 ) (21,413 ) (48,941 ) (108,449 ) Effects of foreign currency movements — 330 — (139 ) 191 Ending balance W 3,901,260 83,829 75,322 212,910 4,273,321 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (*2) Memberships such as golf and condominium memberships are intangible assets that cannot be limited to a specific period of time. If the market value of the exchanges is less than the carrying amount at the end of the reporting period, the impairment loss is recognized. (*3) Included general administrative expense and other operating income at comprehensive income. 2018 Goodwill Software Development Other Total Beginning balance W 3,901,260 83,829 75,322 212,910 4,273,321 Acquisitions — 56,009 38,230 69,501 163,740 Business combination 2,258 — — — 2,258 Disposals — (334 ) (5,880 ) (7,117 ) (13,331 ) Impairment (*1) — — (706 ) (362 ) (1,068 ) Amortization (*2) — (40,792 ) (24,430 ) (41,957 ) (107,179 ) Effects of foreign currency movements — 3,681 — (1,288 ) 2,393 Ending balance W 3,903,518 102,393 82,536 231,687 4,320,134 (*1) Memberships such as golf and condominium memberships are intangible assets that cannot be limited to a specific period of time. If the market value of the exchanges is less than the carrying amount at the end of the reporting period, the impairment loss is recognized. (*2) Included general administrative expense and other operating income at comprehensive income. (c) Goodwill i) Goodwill allocated in the Group’s CGUs as of December 31, 2017 and 2018 2017 (*1) 2018 Banking W 810,058 810,058 Credit card 2,773,231 2,773,231 Securities 5,646 7,904 Life insurance 275,371 275,371 Others 36,954 36,954 W 3,901,260 3,903,518 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd. was completed, the amount was adjusted retrospectively. ii) Changes in goodwill for the years ended December 31, 2017 and 2018 2017 (*1) 2018 Beginning balance W 3,873,060 3,901,260 Acquisitions through business combinations (*2) 28,200 2,258 Ending balance W 3,901,260 3,903,518 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd. was completed, the amount was adjusted retrospectively (Note 57). (*2) Goodwill recognized as a result of the acquisition of the business by Shinhan Financial Investment Co., Ltd. (Note 58). iii) Goodwill impairment test The recoverable amounts of each CGU were evaluated based on their respective value in use. • Explanation on evaluation method The income approach was applied when evaluating the recoverable amounts based on value in use, considering the characteristics of each unit or group of CGU. • Projection period When evaluating the value in use, 5.5 years of cash flow estimates – July 1, 2018 through December 31, 2023 – was used in projection and the value thereafter was reflected as terminal value. In case of Shinhan Life Insurance, only the 30 years of future cash flows were applied since the present value of the future cash flows thereafter is not significant. • Discount rates and terminal growth rates The required rates of return expected by shareholders were applied to the discount rates by calculating the cost of capital which comprises a risk-free interest rate, a market risk premium and systemic risk (beta factor). Expected terminal growth rate is on the basis of inflation rates. Discount rates and terminal growth rates applied to each CGU are as follows: Discount rates(%) Terminal growth rate(%) Banking 7.0~13.8 1.2~2.9 Credit card 8.4 1.8 Securities 11.9, 12.4 2.9 Life insurance 8.5 0.0 Others 9.8, 13.2 1.8 iv) Key assumptions Key assumptions used in the discounted cash flow calculations of CGUs (other than Shinhan Life Insurance) are as follows: 2018 2019 2020 2021 2022 2023 CPI growth 1.6 % 1.7 % 1.5 % 2.1 % 2.3 % 2.3 % Real retail sales growth 3.0 % 2.4 % 2.2 % 2.3 % 2.2 % 2.2 % Real GDP growth 2.9 % 2.8 % 2.4 % 3.2 % 3.0 % 3.0 % Key assumptions used in the discounted cash flow calculations of Shinhan Life Insurance are as follows: Key assumptions Rate of return on investment 3.65 % Risk-based capital ratio 199.61 % The values for the CPI growth rate, real retail sales growth rate, real GDP growth rate, rate of return on investment and risk-based capital ratio are based on a combination of internal and external analysis. v) Total recoverable amount and total carrying value of CGUs to which goodwill has been allocated, are as follows: Amount Total recoverable amount W 42,291,637 Total carrying value 37,775,928 W 4,515,709

Investments in associates

Investments in associates	12 Months Ended
	Dec. 31, 2018
Investments in associates [Abstract]
Investments in associates	20. Investments in associates (a) Investments in associates as of December 31, 2017 and December 31, 2018 are as follows: Investees Country Reporting date Ownership (%) 2017 2018 BNP Paribas Cardif Life Insurance (*1)(*3) Korea September 30 14.99 14.99 Daewontos Co., Ltd. (*1)(*4) ” December 31 36.33 36.33 Neoplux Technology Valuation Investment Fund (*1) ” September 30 33.33 33.33 JAEYOUNG SOLUTEC CO., LTD. (*7) ” — 9.61 — Partners 4th Growth Investment Fund (*1) ” September 30 25.00 25.00 Songrim Partners. (*1)(*4) ” ” 35.34 35.34 KTB Newlake Global Healthcare PEF (*1) ” ” 30.00 30.00 JAEYANG INDUSTRY (*1)(*4) ” December 31 25.90 25.90 Chungyoung INC (*10) ” — 18.94 — DAEKWANG SEMICONDUCTOR CO., LTD. (*1)(*4) ” September 30 20.94 20.94 Shinhan-Neoplux Energy Newbiz Fund (*1) ” ” 23.33 23.33 Shinhan-Albatross Tech Investment Fund ” December 31 50.00 50.00 Asia Pacific No.39 Ship Investment Co., Ltd. (*7) ” — 50.00 — KCLAVIS Meister Fund No.17 ” December 31 26.09 26.09 SG No.9 Corporate Recovery Private Equity Fund ” ” 26.49 26.49 Plutus-SG ” ” 26.67 26.67 SG ARGES Private Equity Fund No.1 ” ” 24.06 24.06 OST Progress- 2 Fund (*7) ” — 27.62 — Eum Private Equity Fund No.3 ” December 31 20.76 20.76 Richmond Private Yong in Retail Facility Real Estate Fund No.1 (*7) ” — 41.80 — KTB Confidence Private Placement ” December 31 30.29 30.29 Meritz AI-SingA330-A ” ” 23.89 23.89 Meritz AI-SingA330-B ” ” 20.16 20.16 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 (*7) ” — 22.86 — VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 ” December 31 20.00 20.00 Platform Partners Brick Save Private Investment Trust (*6) ” ” 98.77 98.77 Synergy-Shinhan Mezzanine New Technology Investment Fund ” ” 47.62 47.62 The Asia Pacific Capital Fund II L.P. Cayman Islands ” 25.18 25.18 Shinhan Praxis K-Growth Korea ” 18.87 18.87 Credian Healthcare Private Equity Fund II ” ” 34.07 34.07 Kiwoom Milestone Professional Private Real Estate Trust 19 ” ” 50.00 50.00 AIP EUROGREEN Private Real Estate Investment Trust No.3 (*11) ” ” 21.28 21.28 Brain Professional Private Trust No.4 ” ” 27.49 27.50 Hanhwa US Equity Strategy Private Real Estate Fund No.1 ” ” 44.84 44.84 Brain KS Qualified Privately Placed Fund No.6 ” ” 50.00 50.00 M360 CRE Income Fund (*7) U.S.A — 57.87 — Shinhan Global Healthcare Fund 1 (*5) Korea December 31 4.41 4.41 JB Power TL Investment Type Private Placement Special Asset Fund 7 ” ” 33.33 33.33 IBK AONE convertible 1 ” ” 47.25 47.25 Rico Synergy Collabo Multi-Mezzanine ” ” 50.00 50.03 KB NA Hickory Private Special Asset Fund ” ” 37.50 37.50 GB Professional Private Investment Trust 6 (*6) ” ” 94.51 94.51 Koramco Europe Core Private Placement Real Estate Fund No.2-2 ” ” 48.49 44.02 SHBNPP Private Korea Equity Long-Short Professional Feeder(*8) ” ” 9.85 21.52 Shinhan-Stonebridge Petro PEF (*5) ” ” 1.82 1.82 BNP Paribas Cardif General Insurance (*1)(*2) ” September 30 10.00 10.00 Axis Global Growth New Technology Investment Association ” December 31 31.85 31.85 Polaris No7 Start up and Venture Private Equity Fund ” ” 28.57 28.57 Hermes Private Investment Equity Fund ” ” 29.17 29.17 Shinhan AIM FoF Fund 1a ” ” — 24.91 Daishin Heim Qualified Investor Private Investment Trust No.1808 ” ” — 34.48 Heungkuk High Class Professional Trust Private Fund 37 ” ” — 50.00 IGIS Global Credit Fund 150-1 ” ” — 25.11 GX SHINHAN INTERVEST 1st Private Equity Fund ” ” — 25.27 Soo Commerce Platform Growth Fund ” ” — 24.62 Partner One Value up I Private Equity Fund ” ” — 27.91 Genesis No.1 Private Equity Fund ” ” — 22.80 GMB ICT New Technology Investment Fund ” ” — 26.75 Soo Delivery Platform Growth Fund ” ” — 30.00 Genesis North America Power Company No.1 PEF ” ” — 39.92 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 ” ” — 23.33 (*1) The latest financial statements were used for the equity method since the financial statements as of December 31, 2018 were not available. Significant trades and events occurred within the period were properly reflected. (*2) The Group applies the equity method accounting as the Group has significant influence on the financial and operating policies of the investee through the ability to elect investees’ board members and representation in decision making bodies of the investee. (*3) The Group applies the equity method accounting as the Group has a significant influence on the investees through important business transactions. (*4) As a part of the rehabilitation process, the Group acquired shares through the conversion of equity investments; as the Group cannot exercise voting rights during the process, the Group has classified the shares as investments at fair value through profit or loss. The Group reclassified Securities at fair value through profit or loss to investments in associates as the reorganization procedures were completed and now the Group can normally exercise its voting rights to the investees. (*5) As a managing partner, the Group has a significant influence over the investees. (*6) As a limited partner, the Group does not have an ability to participate in policy-making processes to obtain economic benefit from the investees that would allow the Group to control the entity. (*7) The associates were disposed or reclassified. (*8) Although the ownership interests were less than 20%, the Group has a significant influence. (*9) Although the ownership interests were more than 50%, the Group applies the equity method accounting as the Group does not have an ability to participate in the financial and operating policy-making process. (*10) These entities were excluded from the scope of associates due to the Shinhan Bank’s accounting policy change, which is to change significant influence criteria from 15% to 20%. (*11) During this period, the name of FG EUROGREEN Private Real Estate Investment Trust No.3 has been changed to AIP EUROGREEN Private Real Estate Investment Trust No.3. (b) Changes in investments in associates for the years ended December 31, 2017 and 2018 were as follows: 2017 Investees Beginning balance Investment and dividend Equity method income (loss) Change in other Impairment loss Ending balance BNP Paribas Cardif Life Insurance W 60,213 (255 ) 3,682 (11,024 ) — 52,616 Aju Capital Co., Ltd. 40,836 (42,022 ) 438 748 — — Daewontos Co., Ltd. (*2) — — — — — — Neoplux Technology Valuation Investment Fund 7,526 3,890 1,564 490 — 13,470 JAEYOUNG SOLUTEC CO., LTD. (*1) 5,736 — (2,009 ) 122 — 3,849 Partners 4th Growth Investment Fund 4,555 9,220 (385 ) — — 13,390 JAEYANG INDUSTRY (*2) — — — — — — Chungyoung INC (*2) — — — — — — DAEKWANG SEMICONDUCTOR CO., LTD. 4,776 — (952 ) — — 3,824 Dream High Fund III 3,144 — (109 ) (830 ) — 2,205 Asia Pacific No.39 Ship Investment Co., Ltd. 5,176 (802 ) 300 8 — 4,682 KCLAVIS Meister Fund No.17 2,989 — 50 — — 3,039 SG No.9 Corporate Recovery Private Equity Fund 3,982 (192 ) 173 — — 3,963 Plutus-SG 4,299 (132 ) 84 — — 4,251 SG ARGES Private Equity Fund No.1 8,976 (2,754 ) 200 — — 6,422 OST Progress- 2 Fund 1,460 3,500 (65 ) — — 4,895 Eum Private Equity Fund No.3 5,933 (1,362 ) 354 — — 4,925 Richmond Private Yong in Retail Facility Real Estate Fund No.1 — 7,223 878 — — 8,101 KTB Confidence Private Placement — 4,927 377 1,099 — 6,403 Meritz AI-SingA330-A — 6,504 457 (204 ) — 6,757 Meritz AI-SingA330-B — 8,012 628 (253 ) — 8,387 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 — 5,867 145 — — 6,012 Platform Partners Brick Save Private Investment Trust — 7,877 192 — — 8,069 Synergy-Shinhan Mezzanine New Technology Investment Fund — 5,000 (1 ) — — 4,999 The Asia Pacific Capital Fund II L.P. 11,579 454 (901 ) (3,825 ) — 7,307 Shinhan Praxis K-Growth 13,533 6,415 (1,590 ) 596 — 18,954 Credian Healthcare Private Equity Fund II 4,087 — 7 (281 ) — 3,813 Kiwoom Milestone Professional Private Real Estate Trust 19 10,761 (222 ) (131 ) — — 10,408 FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3 21,237 (841 ) 641 (577 ) — 20,460 Brain Professional Private Trust No.4 5,316 — 529 2 — 5,847 Hanhwa US Equity Strategy Private Real Estate Fund No.1 25,764 (1,859 ) 1,591 (17 ) — 25,479 Brain KS Qualified Privately Placed Fund No.6 4,896 — (78 ) (13 ) — 4,805 M360 CRE Income Fund 23,167 132,768 9,270 (11,300 ) — 153,905 Shinhan Global Healthcare Fund 1 — 3,440 (33 ) — — 3,407 JB Power TL Investment Type Private Placement Special Asset Fund 7 — 18,268 422 — — 18,690 IBK AONE convertible 1 — 5,000 122 — — 5,122 Rico synergy collabo Multi-Mezzanine 3 — 5,001 25 — — 5,026 KB NA Hickory Private Special Asset Fund — 33,362 729 — — 34,091 GB PROFESSIONAL PRIVATE INVESTMENT TRUST 6 — 8,600 — — — 8,600 Koramco Europe Core Private Real Estate Trust No.2-2 — 21,408 (648 ) — — 20,760 SHBNPP Private Korea Equity Long-Short 14,180 (9,972 ) 653 — — 4,861 SHBNPP Private Multi Strategy Professional Feeder No.1 5,014 (5,049 ) 35 — — — Shinhan-Stonebridge Petro PEF 18,487 — 714 — — 19,201 BNP Paribas Cardif General Insurance 2,584 2,750 (910 ) 5 — 4,429 Axis Global Growth New Technology Investment Association — 5,000 (47 ) — — 4,953 Polaris No.7 Entrepreneur Private Equity Fund — 4,400 (41 ) — — 4,359 Hermes Private Investment Equity Fund — 17,500 (3 ) — — 17,497 Others 33,394 21,820 4,036 (45 ) (144 ) 59,061 W 353,600 282,744 20,393 (25,299 ) (144 ) 631,294 (*1) The market value of the investment is W (*2) The Group has stopped recognizing its equity method income or loss due to the investees’ cumulative loss. 2018 Investees Beginning balance Investment and dividend Equity method income (loss) Change in other Impairment loss Ending balance BNP Paribas Cardif Life Insurance W 52,616 (2,043 ) 783 (1,540 ) — 49,816 Daewontos Co., Ltd. (*1) — — — — — — Songrim Partners. (*1) 48 — (48 ) — — — Neoplux Technology Valuation Investment Fund 13,470 6,000 (242 ) (490 ) — 18,738 JAEYOUNG SOLUTEC CO., LTD. 3,849 (2,865 ) (836 ) (148 ) — — Partners 4th Growth Investment Fund 13,390 2,597 625 — — 16,612 JAEYANG INDUSTRY (*1) — — — — — — KTB Newlake Global Healthcare PEF 2,653 7,470 (238 ) — — 9,885 DAEKWANG SEMICONDUCTOR CO., LTD. 3,824 — (490 ) — — 3,334 Shinhan-Neoplux Energy Newbiz Fund 1,400 2,800 (226 ) — — 3,974 Shinhan-Albatross Tech Investment Fund 2,672 6,000 (70 ) 306 — 8,908 Asia Pacific No.39 Ship Investment Co., Ltd. 4,682 (4,803 ) 121 — — — KCLAVIS Meister Fund No.17 3,039 — 44 — — 3,083 SG No.9 Corporate Recovery Private Equity Fund 3,963 (3,102 ) 566 — — 1,427 Plutus-SG 4,251 (132 ) 133 — — 4,252 SG ARGES Private Equity Fund No.1 6,422 (2,295 ) 214 — — 4,341 OST Progress- 2 Fund 4,895 (4,895 ) — — — — Eum Private Equity Fund No.3 4,925 (277 ) 241 — — 4,889 Richmond Private Yong in Retail Facility Real Estate Fund No.1 8,101 (10,286 ) 2,185 — — — KTB Confidence Private Placement 6,403 (389 ) 387 (1,099 ) — 5,302 Meritz AI-SingA330-A 6,757 (1,518 ) 193 — — 5,432 Meritz AI-SingA330-B 8,387 (305 ) 347 — — 8,429 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 6,012 (6,035 ) 23 — — — VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 1,638 3,060 133 — — 4,831 Platform Partners Brick Save Private Investment Trust 8,069 (496 ) 547 — — 8,120 Synergy-Shinhan Mezzanine New Technology Investment Fund 4,999 5,000 150 — — 10,149 The Asia Pacific Capital Fund II L.P. 7,307 (3,004 ) (656 ) 2,602 (5,849 ) 400 Shinhan Praxis K-Growth 18,954 (7,473 ) 5,046 — — 16,527 Credian Healthcare Private Equity Fund II 3,813 — 740 — — 4,553 Kiwoom Milestone Professional Private Real Estate Trust 19 10,408 (199 ) 210 — — 10,419 AIP EURO GREEN PRIVATE REAL ESTATE TRUST No.3 20,460 (1,253 ) 1,337 — — 20,544 Brain Professional Private Trust No.4 5,847 (1,274 ) 671 — — 5,244 Hanhwa US Equity Strategy Private Real Estate Fund No.1 25,479 (2,000 ) 2,753 — — 26,232 Brain KS Qualified Privately Placed Fund No.6 4,805 — 292 — — 5,097 M360 CRE Income Fund 153,905 (171,215 ) 6,183 11,127 — — Shinhan Global Healthcare Fund 1 3,407 — (122 ) — — 3,285 JB Power TL Investment Type Private Placement Special Asset Fund 7 18,690 (2,075 ) 869 — — 17,484 IBK AONE convertible 1 5,122 — 784 — — 5,906 Rico synergy collabo Multi-Mezzanine 5,026 — 264 — — 5,290 KB NA Hickory Private Special Asset Fund 34,091 (1,560 ) 1,829 — — 34,360 GB Professional Private Investment Trust 6 8,600 — (12 ) — — 8,588 Koramco Europe Core Private Placement Real Estate Fund No.2-2 20,760 (2,357 ) 213 — — 18,616 SHBNPP Private Korea Equity Long-Short 4,861 9,412 97 — — 14,370 Shinhan-Stonebridge Petro PEF 19,201 (1,133 ) 613 — — 18,681 BNP Paribas Cardif General Insurance 4,429 — (1,026 ) 20 — 3,423 Axis Global Growth New Technology Investment Association 4,953 — (78 ) — — 4,875 Polaris No7 Start up and Venture Private Equity Fund 4,359 — (21 ) — — 4,338 Hermes Private Investment Equity Fund 17,497 (5,158 ) (5,274 ) — — 7,065 Shinhan AIM FoF Fund 1a — 4,125 226 — — 4,351 Daishin Heim Qualified Investor Private Investment Trust No.1808 — 9,786 340 — — 10,126 Heungkuk High Class Professional Trust Private Fund 37 — 9,178 260 — — 9,438 IGIS Global Credit Fund 150-1 — 8,529 367 — — 8,896 GX SHINHAN INTERVEST 1st Private Equity Fund — 34,900 (3,069 ) — — 31,831 Soo Commerce Platform Growth Fund — 6,500 (122 ) — — 6,378 Partner One Value up I Private Equity Fund — 12,000 (61 ) — — 11,939 Genesis No.1 Private Equity Fund — 46,068 (310 ) — — 45,758 GMB ICT New Technology Investment Fund — 8,000 (66 ) — — 7,934 Soo Delivery Platform Growth Fund — 9,000 (17 ) — — 8,983 Genesis North America Power Company No.1 PEF — 21,592 (768 ) — — 20,824 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 — 6,300 (96 ) — — 6,204 Others (*2) 52,855 37,442 1,550 2 — 91,849 W 631,294 17,617 17,488 10,780 (5,849 ) 671,330 (*1) The Group has stopped recognizing its equity method income or loss due to the investees’ cumulative loss. (*2) Disposal by account reclassification includes non-cash (c) The statement of financial information as of and for the year ended December 31, 2017 and 2018 were as follows: 2017 Investees Asset Liability Operating revenue Net profit (loss) Other (loss) Total (loss) BNP Paribas Cardif Life Insurance W 4,133,674 3,781,688 78,010 24,230 (73,495 ) (49,265 ) Daewontos Co., Ltd. 400 2,492 — — — — Neoplux Technology Valuation Investment Fund 40,692 283 5,895 4,691 1,471 6,162 JAEYOUNG SOLUTEC CO., LTD. 157,009 137,916 142,228 (22,756 ) 2,764 (19,992 ) Partners 4th Growth Investment Fund 53,944 383 137 (1,540 ) — (1,540 ) JAEYANG INDUSTRY 2,146 4,717 — — — — Chungyoung INC 3,292 8,392 5,568 (693 ) — (693 ) DAEKWANG SEMICONDUCTOR CO., LTD. 29,069 10,806 13,929 (4,549 ) — (4,549 ) Dream High Fund III 4,076 34 27 (200 ) (1,522 ) (1,722 ) Asia Pacific No.39 Ship Investment Co., Ltd. 9,389 27 666 616 32 648 KCLAVIS Meister Fund No.17 11,694 42 425 194 — 194 SG No.9 Corporate Recovery Private Equity Fund 15,035 76 (157 ) 652 — 652 Plutus-SG 16,009 69 317 316 — 316 SG ARGES Private Equity Fund No.1 26,758 69 (351 ) 832 — 832 OST Progress- 2 Fund 17,829 107 (234 ) (234 ) — (234 ) Eum Private Equity Fund No.3 23,725 5 1,614 1,649 — 1,649 Richmond Private Yong in Retail Facility Real Estate Fund No.1 48,006 28,624 2,265 2,100 — 2,100 KTB Confidence Private Placement 42,230 21,090 1,604 1,242 3,629 4,871 Meritz AI-SingA330-A 28,286 1 1,914 1,913 (856 ) 1,057 Meritz AI-SingA330-B 41,599 1 3,117 3,116 (1,257 ) 1,859 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 26,316 14 648 634 — 634 Platform Partners Brick Save Private Investment Trust 8,441 271 207 194 — 194 Synergy-Shinhan Mezzanine New Technology Investment Fund 10,500 3 — (3 ) — (3 ) The Asia Pacific Capital Fund II L.P. 29,103 88 — (3,582 ) (10,269 ) (13,851 ) Shinhan Praxis K-Growth 100,805 353 7,273 (8,428 ) 3,156 (5,272 ) Credian Healthcare Private Equity Fund II 11,236 47 211 19 (823 ) (804 ) Kiwoom Milestone Professional Private Real Estate Trust 19 57,405 36,589 2,742 (262 ) — (262 ) FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3 97,203 1,066 5,851 3,012 (2,713 ) 299 Brain Professional Private Trust No.4 21,369 105 2,942 1,925 — 1,925 Hanhwa US Equity Strategy Private Real Estate Fund No.1 56,898 78 11,562 3,549 (37 ) 3,512 Brain KS Qualified Privately Placed Fund No.6 9,639 28 3 (110 ) (72 ) (182 ) M360 CRE Income Fund 265,945 — 7 14,179 — 14,179 Shinhan Global Healthcare Fund 1 77,166 — 3 (757 ) — (757 ) JB Power TL Investment Type Private Placement Special Asset Fund 7 56,125 53 7,115 1,267 — 1,267 IBK AONE Convertible 1 10,840 — 279 258 — 258 Rico Synergy Collabo Multi-Mezzanine 3 10,054 3 371 50 — 50 KB NA Hickory Private Special Asset Fund 90,978 67 11,092 1,945 — 1,945 GB PROFESSIONAL PRIVATE INVESTMENT TRUST 6 9,101 1 1 — — — Koramco Europe Core Private Placement Real Estate Fund No.2-2 44,886 2,074 2,503 (1,337 ) — (1,337 ) SHBNPP Private Korea Equity Long-Short 54,029 4,733 28,956 9,356 — 9,356 Shinhan-Stonebridge Petro PEF 1,056,401 2,740 39,170 39,170 — 39,170 BNP Paribas Cardif General Insurance 59,699 15,405 10,093 (9,294 ) 94 (9,200 ) Axis Global Growth New Technology Investment Association 15,553 — (147 ) (147 ) — (147 ) Polaris No7 Start up and Venture Private Equity Fund 15,280 22 (142 ) (142 ) — (142 ) Hermes Private Investment Equity Fund 60,000 10 (10 ) (10 ) — (10 ) W 6,959,834 4,060,572 387,704 63,065 (79,898 ) (16,833 ) (*) As of December 31, 2017, the Group has discontinued the application of the equity method of accounting and excluded the financial information of the associates for which financial information is not available. 2018 Investees Asset Liability Operating revenue Net profit (loss) Other (loss) Total (loss) BNP Paribas Cardif Life Insurance W 3,995,746 3,662,567 53,756 5,191 (10,268 ) (5,077 ) Daewontos Co., Ltd. 400 2,492 — — — — Songrim Partners. 2,288 2,311 1,898 (164 ) — (164 ) Neoplux Technology Valuation Investment Fund 57,018 804 390 (724 ) (1,969 ) (2,693 ) Partners 4th Growth Investment Fund 67,403 954 4,424 3,025 — 3,025 JAEYANG INDUSTRY 2,146 4,717 — — — — KTB Newlake Global Healthcare PEF 32,508 123 69 (793 ) — (793 ) DAEKWANG SEMICONDUCTOR CO., LTD. 25,459 9,537 15,794 (2,341 ) — (2,341 ) Shinhan-Neoplux Energy Newbiz Fund 17,347 315 19 (968 ) — (968 ) Shinhan-Albatross Tech Investment Fund 18,009 182 299 (435 ) 917 482 KCLAVIS Meister Fund No.17 11,866 47 398 167 — 167 SG No.9 Corporate Recovery Private Equity Fund 5,566 181 — 2,136 — 2,136 Plutus-SG 16,012 69 778 499 — 499 SG ARGES Private Equity Fund No.1 18,085 46 — 888 — 888 Eum Private Equity Fund No.3 23,552 5 1,667 1,311 — 1,311 KTB Confidence Private Placement 38,559 21,054 506 256 (3,629 ) (3,373 ) Meritz AI-SingA330-A 22,739 1 1,451 62 — 62 Meritz AI-SingA330-B 41,809 2 3,027 1,044 — 1,044 VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 24,174 15 3,046 1,165 — 1,165 Platform Partners brick save Private Investment trust 8,286 64 809 763 — 763 Synergy-Shinhan Mezzanine New Technology Investment Fund 21,312 — 553 331 — 331 The Asia Pacific Capital Fund II L.P. 1,674 86 1 (25,828 ) — (25,828 ) Shinhan Praxis K-Growth 87,897 307 31,059 26,381 — 26,381 Credian Healthcare Private Equity Fund II 13,408 47 2,364 2,171 — 2,171 Kiwoom Milestone Professional Private Real Estate Trust 19 57,678 36,839 3,383 422 — 422 AIP EURO GREEN PRIVATE REAL ESTATE TRUST No.3 96,624 86 18,700 6,287 — 6,287 Brain Professional Private Trust No.4 19,113 46 4,306 2,435 — 2,435 Hanhwa US Equity Strategy Private Real Estate Fund No.1 58,575 77 10,098 6,139 — 6,139 Brain KS Qualified Privately Placed Fund No.6 10,089 — 812 477 — 477 Shinhan Global Healthcare Fund 1 74,409 — 4 (2,757 ) — (2,757 ) JB Power TL Investment Type Private Placement Special Asset Fund 7 52,627 174 9,878 2,607 — 2,607 IBK AONE Convertible 1 12,807 307 2,042 1,660 — 1,660 Rico Synergy Collabo Multi-Mezzanine 3 10,736 161 686 529 — 529 KB NA Hickory Private Special Asset Fund 91,694 67 9,601 4,877 — 4,877 GB Professional Private Investment Trust 6 9,088 1 1 (13 ) — (13 ) Koramco Europe Core Private Placement Real Estate Fund No.2-2 44,491 2,202 6,470 878 — 878 SHBNPP Private Korea Equity Long-Short 77,465 10,728 18,729 728 — 728 Shinhan-Stonebridge Petro PEF 1,025,884 807 36,968 33,616 — 33,616 BNP Paribas Cardif General Insurance 51,211 16,986 10,972 (10,264 ) 196 (10,069 ) Axis Global Growth New Technology Investment Association 15,308 — 1 (245 ) — (245 ) Polaris No7 Start up and Venture Private Equity Fund 15,193 10 — (75 ) — (75 ) Hermes Private Investment Equity Fund 24,233 8 6 (18,025 ) — (18,025 ) Shinhan AIM FoF Fund 1a 17,478 11 3,004 342 — 342 Daishin Heim Qualified Investor Private Investment Trust No.1808 29,770 405 806 741 — 741 Heungkuk High Class Professional Trust Private Fund 37 20,523 1,646 1,045 1,005 — 1,005 IGIS Global Credit Fund 150-1 35,453 27 3,457 214 — 214 GX SHINHAN INTERVEST 1st Private Equity Fund 125,954 — 6 (12,146 ) — (12,146 ) Soo Commerce Platform Growth Fund 25,905 3 — (497 ) — (497 ) Partner One Value up I Private Equity Fund 42,776 — 326 (224 ) — (224 ) Genesis No.1 Private Equity Fund 201,103 434 — (1,360 ) — (1,360 ) GMB ICT New Technology Investment Fund 29,657 — 3 (242 ) — (242 ) Soo Delivery Platform Growth Fund 29,946 2 — (56 ) — (56 ) Genesis North America Power Company No.1 PEF 52,393 223 1 (1,922 ) — (1,922 ) SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 26,826 237 2 (411 ) — (411 ) W 6,938,272 3,777,413 263,615 28,857 (14,753 ) 14,103 (*) As of December 31, 2018, the Group has discontinued the application of the equity method of accounting and excluded the financial information of the associates for which financial information is not available. (d) Reconciliation of the financial information to the carrying values of its interests in the associates as of December 31, 2017 and 2018 are as follows: 2017 Investees Net assets (a) Ownership (b) Interests (a)*(b) Intra-group Other Carrying Value BNP Paribas Cardif Life Insurance W 351,986 14.99 52,763 (147 ) — 52,616 Daewontos Co., Ltd. (*1) (2,092 ) 36.33 (760 ) — 760 — Neoplux Technology Valuation Investment Fund 40,409 33.33 13,470 — — 13,470 JAEYOUNG SOLUTEC CO., LTD. (*2) 17,484 9.61 1,680 — 2,169 3,849 Partners 4th Growth Investment Fund 53,561 25.00 13,390 — — 13,390 JAEYANG INDUSTRY (*3) (2,571 ) 25.90 (666 ) — 666 — Chungyoung INC (*3) (5,100 ) 18.94 (966 ) — 966 — DAEKWANG SEMICONDUCTOR CO., LTD. 18,263 20.94 3,824 — — 3,824 Dream High Fund III 4,042 54.55 2,205 — — 2,205 Asia Pacific No.39 Ship Investment Co., Ltd. 9,362 50.00 4,682 — — 4,682 KCLAVIS Meister Fund No.17 11,652 26.09 3,039 — — 3,039 SG No.9 Corporate Recovery Private Equity Fund 14,959 26.49 3,963 — — 3,963 Plutus-SG 15,940 26.67 4,251 — — 4,251 SG ARGES Private Equity Fund No.1 26,689 24.06 6,422 — — 6,422 OST Progress- 2 Fund 17,722 27.62 4,895 — — 4,895 Eum Private Equity Fund No.3 23,720 20.76 4,925 — — 4,925 Richmond Private Yong in Retail Facility Real Estate Fund No.1 19,382 41.80 8,101 — — 8,101 KTB Confidence Private Placement 21,140 30.29 6,403 — — 6,403 Meritz AI-SingA330-A 28,285 23.89 6,757 — — 6,757 Meritz AI-SingA330-B 41,598 20.16 8,387 — — 8,387 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 26,302 22.86 6,012 — — 6,012 Platform Partners Brick Save Private Investment Trust 8,170 98.77 8,069 — — 8,069 Synergy-Shinhan Mezzanine New Technology Investment Fund 10,497 47.62 4,999 — — 4,999 The Asia Pacific Capital Fund II L.P. 29,015 25.18 7,307 — — 7,307 Shinhan Praxis K-Growth 100,452 18.87 18,954 — — 18,954 Credian Healthcare Private Equity Fund II 11,189 34.07 3,813 — — 3,813 Kiwoom Milestone Professional Private Real Estate Trust 19 20,816 50.00 10,408 — — 10,408 FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3 96,137 21.28 20,460 — — 20,460 Brain Professional Private Trust No.4 21,264 27.49 5,847 — — 5,847 Hanhwa US Equity Strategy Private Real Estate Fund No.1 56,820 44.84 25,479 — — 25,479 Brain KS Qualified Privately Placed Fund No.6 9,611 50.00 4,805 — — 4,805 M360 CRE Income Fund 265,945 57.87 153,905 — — 153,905 Shinhan Global Healthcare Fund 1 77,166 4.41 3,407 — — 3,407 JB Power TL Investment Type Private Placement Special Asset Fund 7 56,072 33.33 18,690 — — 18,690 IBK AONE Convertible 1 10,840 47.25 5,122 — — 5,122 Rico Synergy Collabo Multi-Mezzanine 10,051 50.00 5,026 — — 5,026 KB NA Hickory Private Special Asset Fund 90,911 37.50 34,091 — — 34,091 GB PROFESSIONAL PRIVATE INVESTMENT TRUST 6 9,100 94.51 8,600 — — 8,600 Koramco Europe Core Private Placement Real Estate Fund No.2-2 42,812 48.49 20,760 — — 20,760 SHBNPP Private Korea Equity Long-Short Professional Feeder 49,296 9.85 4,861 — — 4,861 Shinhan-Stonebridge Petro PEF 1,053,661 1.82 19,201 — — 19,201 BNP Paribas Cardif General Insurance 44,294 10.00 4,429 — — 4,429 Axis Global Growth New Technology Investment Association 15,553 31.85 4,953 — — 4,953 Polaris No7 Start up and Venture Private Equity Fund 15,258 28.57 4,359 — — 4,359 Hermes Private Investment Equity Fund 59,990 29.17 17,497 — — 17,497 Others 218,647 — 58,362 — 699 59,061 W 3,116,300 — 626,181 (147 ) 5,260 631,294 (*1) Other adjustments represent the unrecognized equity method losses because the Group has stopped recognizing its equity method losses as the balance of the investment has been reduced to zero. (*2) Net assets do not include non-controlling (*3) Other adjustments represent the unrecognized equity method losses because the Group has stopped recognizing its equity method losses as the balance of the investment has been reduced to zero and the difference between the cost of the investment and the Group’s interests in the net carrying value of the investee’s assets and liabilities at the investment date. 2018 Investees Net assets (a) Ownership (b) Interests (a)*(b) Intra-group Other Carrying Value BNP Paribas Cardif Life Insurance W 333,179 14.99 49,952 (136 ) — 49,816 Daewontos Co., Ltd. (*1) (2,092 ) 36.33 (760 ) — 760 — Songrim Partners (*1) (23 ) 35.34 (8 ) — 8 — Neoplux Technology Valuation Investment Fund 56,214 33.33 18,738 — — 18,738 Partners 4th Growth Investment Fund 66,449 25.00 16,612 — — 16,612 JAEYANG INDUSTRY (*2) (2,571 ) 25.90 (666 ) — 666 — KTB Newlake Global Healthcare PEF (*3) 32,385 30.00 9,715 — 170 9,885 DAEKWANG SEMICONDUCTOR CO., LTD. 15,922 20.94 3,334 — — 3,334 Shinhan-Neoplux Energy Newbiz Fund 17,032 23.33 3,974 — — 3,974 Shinhan-Albatross Tech Investment Fund 17,827 50.00 8,908 — — 8,908 KCLAVIS Meister Fund No.17 11,819 26.09 3,083 — — 3,083 SG No.9 Corporate Recovery Private Equity Fund 5,385 26.49 1,427 — — 1,427 Plutus-SG 15,943 26.67 4,252 — — 4,252 SG ARGES Private Equity Fund No.1 18,039 24.06 4,341 — — 4,341 Eum Private Equity Fund No.3 23,547 20.76 4,889 — — 4,889 KTB Confidence Private Placement 17,505 30.29 5,302 — — 5,302 Meritz AI-SingA330-A 22,738 23.89 5,432 — — 5,432 Meritz AI-SingA330-B 41,807 20.16 8,429 — — 8,429 VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 24,159 20.00 4,831 — — 4,831 Platform Partners brick save Private Investment trust 8,222 98.77 8,120 — — 8,120 Synergy-Shinhan Mezzanine New Technology Investment Fund 21,312 47.62 10,149 — — 10,149 The Asia Pacific Capital Fund II L.P. 1,588 25.18 400 — — 400 Shinhan Praxis K-Growth 87,590 18.87 16,527 — — 16,527 Credian Healthcare Private Equity Fund II 13,361 34.07 4,553 — — 4,553 Kiwoom Milestone Professional Private Real Estate Trust 19 20,839 50.00 10,419 — — 10,419 AIP EURO GREEN PRIVATE REAL ESTATE TRUST No.3 96,538 21.28 20,544 — — 20,544 Brain Professional Private Trust No.4 19,067 27.50 5,244 — — 5,244 Hanhwa US Equity Strategy Private Real Estate Fund No.1 58,498 44.84 26,232 — — 26,232 Brain KS Qualified Privately Placed Fund No.6 10,089 50.00 5,097 — — 5,097 Shinhan Global Healthcare Fund 1 74,409 4.41 3,285 — — 3,285 JB Power TL Investment Type Private Placement Special Asset Fund 7 52,453 33.33 17,484 — — 17,484 IBK AONE Convertible 1 12,500 47.25 5,906 — — 5,906 Rico Synergy Collabo Multi-Mezzanine 10,575 50.03 5,290 — — 5,290 KB NA Hickory Private Special Asset Fund 91,627 37.50 34,360 — — 34,360 GB Professional Private Investment Trust 6 9,087 94.51 8,588 — — 8,588 Koramco Europe Core Private Placement Real Estate Fund No.2-2 42,289 44.02 18,616 — — 18,616 SHBNPP Private Korea Equity Long-Short Professional Feeder 66,737 21.52 14,370 — — 14,370 Shinhan-Stonebridge Petro PEF 1,025,077 1.82 18,681 — — 18,681 BNP Paribas Cardif General Insurance 34,225 10.00 3,423 — — 3,423 Axis Global Growth New Technology Investment Association 15,308 31.85 4,875 — — 4,875 Polaris No7 Start up and Venture Private Equity Fund 15,183 28.57 4,338 — — 4,338 Hermes Private Investment Equity Fund 24,225 29.17 7,065 — — 7,065 Shinhan AIM FoF Fund 1a 17,467 24.91 4,351 — — 4,351 Daishin Heim Qualified Investor Private Investment Trust No.1808 29,365 34.48 10,126 — — 10,126 Heungkuk High Class Professional Trust Private Fund 37 18,877 50.00 9,438 — — 9,438 IGIS Global Credit Fund 150-1 35,426 25.11 8,896 — — 8,896 GX SHINHAN INTERVEST 1st Private Equity Fund 125,954 25.27 31,831 — — 31,831 Soo Commerce Platform Growth Fund 25,902 24.62 6,378 — — 6,378 Partner One Value up I Private Equity Fund 42,776 27.91 11,939 — — 11,939 Genesis No.1 Private Equity Fund 200,669 22.80 45,758 — — 45,758 GMB ICT New Technology Investment Fund 29,657 26.75 7,934 — — 7,934 Soo Delivery Platform Growth Fund 29,944 30.00 8,983 — — 8,983 Genesis North America Power Company No.1 PEF 52,170 39.92 20,824 — — 20,824 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 26,589 23.33 6,204 — — 6,204 Others 315,179 — 91,483 — 366 91,849 W 3,476,038 — 669,496 (136 ) 1,970 671,330 (*1) Other adjustments represent the unrecognized equity method losses because the Group has stopped recognizing its equity method losses as the balance of the investment has been reduced to zero. (*2) Other on this investee represents the cumulative losses as the Group has stopped the equity method, and its carrying value becomes zero due to the adjustment for the difference between the cost of the investment and the Group’s interests in the net carrying value of the investee’s assets and liabilities at the investment date. (*3) Other adjustments represent the difference between the cost of the investment and the Group’s interests in the net carrying value of the investee’s assets and liabilities at the investment date. (e) The unrecognized equity method losses as of and for the years ended December 31, 2017 and 2018 are as follows: 2017 Investees Unrecognized equity Cumulative unrecognized Daewontos Co., Ltd. W — (760 ) JAEYANG INDUSTRY — (18 ) Chungyoung INC (130) (130 ) W (130) (908 ) 2018 Investees Unrecognized equity Cumulative unrecognized Daewontos Co., Ltd. W — (760 ) JAEYANG INDUSTRY — (18 ) Songlim Partners. (8) (8 ) W (8) (786 )

Investment properties, net

Investment properties, net	12 Months Ended
	Dec. 31, 2018
Investment properties, net [Abstract]
Investment properties, net	21. Investment properties (a) Investment properties as of December 31, 2017 and 2018 are as follows: 2017 2018 Acquisition cost W 508,784 579,852 Accumulated depreciation (90,481 ) (105,032 ) Book value W 418,303 474,820 (b) Changes in investment properties for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 Beginning balance W 353,175 418,303 Acquisitions 2,125 115,333 Disposals (6,277 ) (13,608 ) Depreciation (16,095 ) (16,917 ) Amounts transferred from (to) property and equipment 91,782 (28,199 ) Amounts transferred to assets held for sale (*) (6,306 ) — Foreign currency adjustment (101 ) (92 ) Ending balance W 418,303 474,820 (*) Comprise land and buildings, etc. (c) Income and expenses on investment property for the years ended December 31, 2016, 2017 and 2018 were as follows: 2016 2017 2018 Rental income W 27,852 33,023 32,488 Direct operating expenses for investment properties that generated rental income 9,384 10,998 12,191 (d) The fair value of investment property as of December 31, 2017 and 2018 is as follows: 2017 2018 Land and buildings (*) W 1,027,830 1,121,985 (*) Fair value of investment properties is estimated based on the recent market transactions and certain significant unobservable inputs. Accordingly, fair value of investment properties is classified as level 3.

Other assets, net

Other assets, net	12 Months Ended
	Dec. 31, 2018
Other assets, net [Abstract]
Other assets, net	22. Other assets Other assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Accounts receivable W 6,295,129 7,666,217 Domestic exchange settlement debit 2,973,751 6,121,332 Guarantee deposits 1,158,693 1,152,434 Present value discount (50,170 ) (44,694 ) Accrued income 1,624,992 1,896,822 Prepaid expense 163,727 194,040 Suspense payments 63,486 73,153 Sundry assets 53,034 92,221 Separate account assets 3,040,534 2,650,302 Advance payments 219,861 616,996 Unamortized deferred acquisition cost 888,262 786,134 Other 170,338 423,759 Allowances for impairment (49,679 ) (56,798 ) W 16,551,958 21,571,918

Leases

Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Leases	23. Leases (a) Finance lease receivables of the Group as lessor as of December 31, 2017 and 2018 are as follows: 2017 Gross investment Unearned finance Present value of Not later than 1 year W 688,358 76,677 611,681 1 ~ 5 years 1,176,334 86,280 1,090,054 Later than 5 years 16,226 585 15,641 W 1,880,918 163,542 1,717,376 2018 Gross investment Unearned finance Present value of Not later than 1 year W 595,427 85,333 510,094 1 ~ 5 years 1,306,571 106,333 1,200,238 Later than 5 years 16,529 38 16,491 W 1,918,527 191,704 1,726,823 (b) The scheduled maturities of minimum lease payments for finance and operating leases of the Group as lessor as of December 31, 2017 and 2018 are as follows: i) Finance lease 2017 Minimum lease Present value Present value of Not later than 1 year W 688,358 76,677 611,681 1 ~ 5 years 1,176,334 86,280 1,090,054 Later than 5 years 16,226 585 15,641 W 1,880,918 163,542 1,717,376 2018 Minimum lease Present value Present value of Not later than 1 year W 595,427 85,333 510,094 1 ~ 5 years 1,306,571 106,333 1,200,238 Later than 5 years 16,529 38 16,491 W 1,918,527 191,704 1,726,823 ii) Operating lease Minimum lease payment 2017 2018 Not later than 1 year W 37,455 94,540 1 ~ 5 years 70,764 180,304 Over 5 years 12 10 W 108,231 274,854 (c) Future minimum lease payments under non-cancellable Minimum lease payment 2017 2018 Not later than 1 year W 247,815 204,323 1 ~ 5 years 328,482 382,620 Later than 5 years 32,740 23,148 W 609,037 610,091

Pledged assets

Pledged assets	12 Months Ended
	Dec. 31, 2018
Pledged assets [Abstract]
Pledged assets	24. Pledged assets (a) Assets pledged as collateral as of December 31, 2017 and 2018 are as follows: 2017 2018 Loans Loans W 99,158 — Loans at amortized cost — 129,210 Securities Securities at FVTPL — 11,533,107 Securities at FVOCI — 1,372,746 Securities at amortized cost — 10,670,253 Trading assets 12,660,710 — Financial assets designated at fair value through profit or loss 587,380 — Available-for-sale 1,968,870 — Held-to-maturity 10,508,112 — 25,725,072 23,576,106 Deposits Deposits 1,501,661 — Deposits at amortized cost — 1,481,085 Real estate 157,485 154,490 W 27,483,376 25,340,891 The carrying amounts of asset pledged that the pledgees have the right to sell or repledge regardless of the Group’s default as of December 31, 2017 and 2018 are W W (b) The fair value of collateral held that the Group has the right to sell or repledge regardless of pledger’s default as of December 31, 2017 and 2018 are as follows: 2017 Collateral held Assets pledged Assets Securities W 8,779,621 3,749,516 2018 Collateral held Assets pledged Assets Securities W 7,342,239 5,190,387

Deposits

Deposits	12 Months Ended
	Dec. 31, 2018
Deposits [Abstract]
Deposits	25. Deposits Deposits as of December 31, 2017 and 2018 were as follows: 2017 2018 Demand deposits: W 102,928,642 106,160,833 Time deposits: 129,483,260 139,644,763 Negotiable certificates of deposits 7,583,365 9,247,088 Note discount deposits 3,423,459 4,087,530 CMA 4,197,146 4,084,709 Others 1,803,352 1,775,267 W 249,419,224 265,000,190

Financial liabilities at fair v

Financial liabilities at fair value through profit or loss	12 Months Ended
	Dec. 31, 2018
Financial liabilities at fair value through profit or loss [Abstract]
Financial liabilities at fair value through profit or loss	26. Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss as of December 31, 2018 are as follows: 2018 Securities sold: Stocks W 488,873 Bonds 440,382 Others 32,117 961,372 Gold deposits 458,934 W 1,420,306

Trading liabilities

Trading liabilities	12 Months Ended
	Dec. 31, 2018
Trading liabilities [Abstrct]
Trading liabilities	27. Trading liabilities Trading liabilities as of December 31, 2017 are as follows: 2017 Securities sold: Stocks W 495,019 Bonds 871,884 Others 47,001 1,413,904 Gold deposits 434,586 W 1,848,490

Financial liabilities designate

Financial liabilities designated at fair value through profit or loss (IFRS9)	12 Months Ended
	Dec. 31, 2018
Financial liabilities designated at fair value through profit or loss (IFRS9) [Abstract]
Financial liabilities designated at fair value through profit or loss (IFRS9)	28. Financial liabilities designated at fair value through profit or loss (IFRS 9) Financial liabilities designated at fair value through profit or loss as of December 31, 2018 are as follows: 2018 Reason for designation Equity-linked securities sold W 6,439,292 Combined instrument Securities sold with embedded derivatives 2,096,508 Combined instrument W 8,535,800 (*) The Group designated the financial liabilities at the initial recognition (or subsequently) in accordance with paragraph 6.7.1 of IFRS 9 as financial liabilities at fair value through profit or loss. Maximum credit risk exposure of the financial liabilities designated at fair value through profit or loss amounts to W W W

Financial liabilities designa_2

Financial liabilities designated at fair value through profit or loss (IAS39)	12 Months Ended
	Dec. 31, 2018
Financial liabilities designated at fair value through profit or loss (IAS39) [Abstract]
Financial liabilities designated at fair value through profit or loss (IAS39)	29. Financial liabilities designated at fair value through profit or loss (IAS 39) Financial liabilities designated at fair value through profit or loss as of December 31, 2017 are as follows: 2017 Reason for designation Equity-linked securities sold W 5,865,990 Combined instrument Securities sold with embedded derivatives 2,394,646 Combined instrument Securities sold 36,973 Evaluation and management on a fair value basis W 8,297,609

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2018
Borrowings [Abstract]
Borrowings	30. Borrowings Borrowings as of December 31, 2017 and 2018 are as follows: 2017 Interest Amount Call money 0.00~6.20 W 856,813 Bill sold 0.65~3.26 13,605 Bonds sold under repurchase agreements 0.00~6.00 9,056,232 Borrowings in Korean won: Borrowings from Bank of Korea 0.50~0.75 2,913,045 Others 0.00~5.00 9,585,511 12,498,556 Borrowings in foreign currencies: Overdraft due to banks 0.00 128,634 Borrowings from banks 0.10~12.50 3,737,366 Others 0.00~7.90 1,295,572 5,161,572 Deferred origination costs (168 ) W 27,586,610 2018 Interest Amount Call money 0.00~6.85 W 1,425,162 Bill sold 0.75~1.70 14,536 Bonds sold under repurchase agreements 0.50~6.50 7,614,659 Borrowings in Korean won: Borrowings from Bank of Korea 0.50~0.75 2,329,946 Others 0.00~4.25 12,108,741 14,438,687 Borrowings in foreign currencies: Overdraft due to banks 0.00 77,673 Borrowings from banks 0.00~12.00 4,653,055 Others 2.60~7.90 1,596,626 6,327,354 Deferred origination costs (1,856 ) W 29,818,542

Debt securities issued

Debt securities issued	12 Months Ended
	Dec. 31, 2018
Debt securities issued [Abstract]
Debt securities issued	31. Debt securities issued Debt securities issued as of December 31, 2017 and 2018 are as follows: 2017 Interest Amount Debt securities issued in Korean won: Debt securities issued 0.00~8.00 W 41,781,486 Subordinated debt securities issued 2.20~4.60 3,500,401 Loss on fair value hedges (274,047 ) Discount on debt securities issued (45,969 ) 44,961,871 Debt securities issued in foreign currencies: Debt securities issued 0.00~4.20 4,989,904 Subordinated debt securities issued 3.75~3.88 1,446,390 Loss on fair value hedges (25,794 ) Discount on debt securities issued (31,550 ) 6,378,950 W 51,340,821 2018 Interest Amount Debt securities issued in Korean won: Debt securities issued 0.00~8.00 W 50,661,472 Subordinated debt securities issued 2.20~4.60 4,400,145 Loss on fair value hedges (206,985 ) Discount on debt securities issued (84,962 ) 54,769,670 Debt securities issued in foreign currencies: Debt securities issued 0.20~4.01 6,278,680 Subordinated debt securities issued 3.75~5.00 2,271,799 Loss on fair value hedges (55,251 ) Discount on debt securities issued (37,199 ) 8,458,029 W 63,227,699

Employee benefits

Employee benefits	12 Months Ended
	Dec. 31, 2018
Defined benefit plan assets and liabilities [Abstract]
Employee benefits	32. Employee benefits (a) Defined benefit obligations and plan assets Defined benefit obligations and plan assets as of December 31, 2017 and December 31, 2018 are as follows: 2017 2018 Present value of defined benefit obligations W 1,695,191 1,841,982 Fair value of plan assets (1,688,047 ) (1,714,634 ) Recognized liabilities for defined benefit obligations W 7,144 127,348 (b) Changes in the present value of defined benefit obligation and plan assets for the years ended December 31, 2017 and 2018 were as follows: 2017 Defined benefit Plan assets Net defined Beginning balance W 1,689,980 (1,559,101 ) 130,879 Included in profit or loss: Current service cost 172,152 — 172,152 Past service cost 2,810 — 2,810 Interest expense (income) 54,485 (52,136 ) 2,349 229,447 (52,136 ) 177,311 Included in other comprehensive income: Remeasurement loss (gain): - Actuarial gains (losses) arising from : Demographic assumptions 4,471 — 4,471 Financial assumptions (96,957 ) — (96,957 ) Experience adjustment (56,709 ) — (56,709 ) - Return on plan assets excluding interest income — 27,460 27,460 (149,195 ) 27,460 (121,735 ) Other: Benefits paid by the plan (74,841 ) 69,857 (4,984 ) Contributions paid into the plan — (174,127 ) (174,127 ) Effect of movements in exchange rates (200 ) — (200 ) (75,041 ) (104,270 ) (179,311 ) Ending balance W 1,695,191 (1,688,047 ) 7,144 2018 Defined benefit Plan assets Net defined Beginning balance W 1,695,191 (1,688,047 ) 7,144 Included in profit or loss: Current service cost 144,923 — 144,923 Past service cost 54 — 54 Interest expense (income) 59,836 (66,676 ) (6,840 ) 204,813 (66,676 ) 138,137 Included in other comprehensive income: Remeasurement loss (gain): - Actuarial gains (losses) arising from : Demographic assumptions 18,399 — 18,399 Financial assumptions 79,038 1,215 80,253 Experience adjustment (10,762 ) — (10,762 ) - Return on plan assets excluding interest income — 40,486 40,486 86,675 41,701 128,376 Other: Benefits paid by the plan (142,938 ) 137,335 (5,603 ) Contributions paid into the plan — (139,348 ) (139,348 ) Settlement gain or loss 407 — 407 Effect of movements in exchange rates (1,273 ) — (1,273 ) Others (*2) (893 ) 401 (492 ) (144,697 ) (1,612 ) (146,309 ) Ending balance W 1,841,982 (1,714,634 ) 127,348 (*1) Profit or loss arising from defined benefit plans is included in general and administrative expenses. (*2) Others represent the change amounts due to the conversion to defined contribution. (c) The composition of plan assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Plan assets comprise: Equity securities W 231,620 257,581 Debt securities 43,990 817 Due from banks 1,380,656 1,394,634 Other 31,781 61,602 W 1,688,047 1,714,634 (d) Actuarial assumptions as of December 31, 2017 and 2018 are as follows: 2017 2018 Description Discount rate 2.44%~4.07% 3.02%~3.22% AA0 corporate bond yields Future salary increase rate 0.99%~5.61% + Upgrade rate 0.99%~3.40% + Upgrade rate Average for 5 years Weighted average maturity 7.25 years ~ 7.7 years ~ 9.9 years (e) Sensitivity analysis As of December 31, 2018, reasonably possible changes in one of the relevant actuarial assumptions, holding other assumptions constant, would have affected the defined benefit obligation by the amounts shown below. Defined benefit obligation Increase Decrease Discount rate (1%p movement) W (159,549 ) 180,542 Future salary increase rate (1%p movement) 176,924 (159,169 )

Provisions

Provisions	12 Months Ended
	Dec. 31, 2018
Provisions [Abstract]
Provisions	33. Provisions (a) Provisions as of December 31, 2017 and 2018 are as follows: 2017 2018 Asset retirement obligations W 45,495 49,183 Expected loss related to litigation 32,650 25,554 Unused credit commitments 168,006 232,347 Bonus card point reward program (*) 26,434 — Financial guarantee contracts issued 80,861 115,325 Others 75,512 86,007 W 428,958 508,416 (*) In accordance with IFRS 15, the Group has adjusted all bonus card point reward program related to customer loyalty programs. (b) Changes in provision for unused credit commitments and financial guarantee contracts issued as of December 31, 2018 are as follows: Unused credit commitments Financial guarantee contracts issued Total 12 month Life time Impaired financial asset 12 month Life time Impaired Beginning allowance W 124,492 96,010 2,137 31,456 3,368 2,464 259,927 Transfer to 12 month expected credit loss 42,514 (42,057 ) (457 ) 1,140 (1,140 ) — — Transfer to life time expected credit loss (8,899 ) 8,976 (77 ) (1,804 ) 1,804 — — Transfer to impaired financial asset (213 ) (802 ) 1,015 (13 ) — 13 — Provided (reversed) (32,070 ) 38,576 2,519 (3,964 ) 455 (690 ) 4,826 FX change 578 105 — 758 481 449 2,371 Others (*1) — — — 36,621 936 (479 ) 37,078 Ending balance W 126,402 100,808 5,137 64,194 5,904 1,757 304,202 (*1) Others include the adjustment of the provision from financial guarantee contracts measured at fair value newly, and the expired contracts, and the change of discount rate. (c) Changes in provisions for the years ended December 31, 2017 and 2018 were as follows: 2017 Asset Litigation Unused Card point Guarantee Other Total Beginning balance W 50,738 34,471 450,997 25,425 79,238 88,019 728,888 Provision(reversal) (4,562 ) 704 (279,508 ) 51,294 2,548 11,797 (217,727 ) Provision used (2,695 ) (1,908 ) — (50,285 ) (132 ) (22,637 ) (77,657 ) Foreign exchange translation — (617 ) (3,483 ) — (4,458 ) (52 ) (8,610 ) Others (*1) 2,014 — — — 3,665 (1,615 ) 4,064 Ending balance W 45,495 32,650 168,006 26,434 80,861 75,512 428,958 (*1) Others include the effects of decrease in discount and changes in discount rate. (*2) Provisions for card point were classified as fees and commission expense. 2018 Asset Litigation Guarantee Other Total Beginning balance (*1) W 45,495 32,650 46,340 75,512 199,997 Provision(reversal) 4,789 (1,138 ) (2,833 ) 4,900 5,718 Provision used (4,210 ) (6,343 ) — (7,554 ) (18,107 ) Foreign exchange translation — 385 1,677 (1,006 ) 1,056 Others (*2) 3,109 — (1,714 ) 14,155 15,550 Ending balance W 49,183 25,554 43,470 86,007 204,214 (*1) In accordance with IFRS 15, the Group has adjusted all bonus card point reward program related to customer loyalty programs. (*2) Others include the effects of decrease in discount and changes in discount rate. (d) Asset retirement obligation liabilities represent the estimated cost to restore the existing leased properties which is discounted to the present value using the appropriate discount rate at the end of the reporting period. Disbursements of such costs are expected to incur at the end of lease contract. Such costs are reasonably estimated using the average lease year and the average restoration expenses. The average lease year is calculated based on the past ten-year (e) Allowance for guarantees and acceptances as of December 31, 2017 and 2018 are as follows: 2017 2018 Guarantees and acceptances outstanding W 7,611,211 9,437,691 Contingent guarantees and acceptances 3,259,613 3,985,532 ABS and ABCP purchase commitments 2,035,543 2,083,522 Endorsed bill 85,456 37,667 W 12,991,823 15,544,412 Allowance for loss on guarantees and acceptances W 80,861 115,325 Ratio % 0.62 0.74

Liability under insurance contr

Liability under insurance contracts	12 Months Ended
	Dec. 31, 2018
Insurance liabilities [Abstract]
Liability under insurance contracts	34. Liability under insurance contracts (a) Insurance liabilities as of December 31, 2017 and 2018 are as follows: 2017 2018 Policy reserve W 24,515,364 26,211,044 Policyholder’s equity adjustment (76 ) 7,838 W 24,515,288 26,218,882 (b) Policy reserve as of December 31, 2017 and 2018 are as follows: 2017 2018 Interest rate linked W 16,464,193 17,328,353 Fixed interest rate 8,051,171 8,882,691 W 24,515,364 26,211,044 (c) The details of policy reserves as of December 31, 2017 and 2018 are as follows: 2017 Individual insurance Group insurance Pure Death Endowment Subtotal Pure Savings Subtotal Total Premium reserve W 5,343,670 10,628,661 7,323,183 23,295,514 32,538 57 32,595 23,328,109 Guarantee reserve 11,678 50,615 151 62,444 — — — 62,444 Unearned premium reserve 3 364 — 367 652 — 652 1,019 Reserve for outstanding claims 98,596 784,535 176,566 1,059,697 26,068 — 26,068 1,085,765 Interest rate difference guarantee reserve 2,280 159 12 2,451 — — — 2,451 Mortality gains reserve 7,736 5,195 200 13,131 5 — 5 13,136 Interest gains reserve 18,463 268 20 18,751 — — — 18,751 Long term duration dividend reserve 59 10 1 70 — — — 70 Reserve for policyholder’s profit dividend 2,374 — — 2,374 — — — 2,374 Reserve for losses on dividend insurance contract 1,245 — — 1,245 — — — 1,245 W 5,486,104 11,469,807 7,500,133 24,456,044 59,263 57 59,320 24,515,364 2018 Individual insurance Group insurance Pure Death Endowment Subtotal Pure Savings Subtotal Total Premium reserve W 5,729,045 11,722,964 7,482,084 24,934,093 24,422 58 24,480 24,958,573 Guarantee reserve 10,148 64,978 124 75,250 — — — 75,250 Unearned premium reserve 3 301 — 304 506 — 506 810 Reserve for outstanding claims 99,676 837,317 185,328 1,122,321 18,089 — 18,089 1,140,410 Interest rate difference guarantee reserve 2,068 148 11 2,227 — — — 2,227 Mortality gains reserve 7,026 4,741 176 11,943 3 — 3 11,946 Interest gains reserve 18,662 254 19 18,935 — — — 18,935 Long term duration dividend reserve 52 9 1 62 — — — 62 Reserve for policyholder’s profit dividend 1,773 — — 1,773 — — — 1,773 Reserve for losses on dividend insurance contract 1,058 — — 1,058 — — — 1,058 W 5,869,511 12,630,712 7,667,743 26,167,966 43,020 58 43,078 26,211,044 (d) Reinsurance credit risk as of December 31, 2017 and 2018 are as follows: 2017 Reinsurance Reinsurance AA- W 1,893 3,420 A- 1,217 3,387 W 3,110 6,807 2018 Reinsurance Reinsurance AA- W 2,451 4,416 A- 1,622 3,598 W 4,073 8,014 (e) Income or expenses on insurance for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Insurance income: Premium income W 4,558,453 4,550,277 4,348,745 Reinsurance income 6,840 10,532 15,222 Separate account income 20,805 38,999 34,771 4,586,098 4,599,808 4,398,738 Insurance expenses: Claims paid 2,007,831 2,213,285 2,549,147 Reinsurance premium expenses 8,405 13,220 18,482 Provision for policy reserves (*) 2,325,010 2,147,139 1,694,716 Separate account expenses 20,805 38,999 34,770 Discount charge 548 632 669 Acquisition costs 559,213 543,752 454,479 Collection expenses 15,367 15,716 16,046 Deferred acquisition costs (373,490 ) (336,851 ) (283,665 ) Amortization of deferred acquisition costs 440,913 423,955 385,793 5,004,602 5,059,847 4,870,437 Net loss on insurance W (418,504 ) (460,039 ) (471,699 ) (*) Shinhan Life Insurance’s saving interest is included. (Accumulated W W (f) Maturity of premium reserve as of December 31, 2017 and 2018 are as follows: 2017 Less than 1 ~ 3 3 ~ 7 7 ~ 10 10 ~ 20 More than Total Fixed interest rate W 62,611 256,126 646,634 550,935 1,227,656 4,629,667 7,373,629 Interest rate linked 32,364 660,966 1,549,321 384,276 1,359,071 11,968,482 15,954,480 Ending balance W 94,975 917,092 2,195,955 935,211 2,586,727 16,598,149 23,328,109 2018 Less than 1 ~ 3 3 ~ 7 7 ~ 10 10 ~ 20 More than Total Fixed interest rate W 111,102 247,619 741,222 502,572 1,288,815 5,284,548 8,175,878 Interest rate linked 195,843 922,832 1,247,871 343,562 1,500,893 12,571,694 16,782,695 Ending balance W 306,945 1,170,451 1,989,093 846,134 2,789,708 17,856,242 24,958,573 (g) Liability adequacy test, LAT i) Liability adequacy tests were performed on the premium reserve, unearned premium reserve and guarantee reserve for the contracts held at December 31, 2017 and 2018. The premium reserve considered the amount net level premium reserve less, where appropriate, deferred acquisition cost in accordance with the article 6-3 ii) Output overview In the debt appraisal system, the insurance premium surplus method is applied to calculate premium deficits. Premium deficiency refers to deficiency when the amount of accumulated reserve is insufficient due to a decrease in the interest rate after the sale of the product or an increase in the risk rate compared with the expected basic rate at the time of product development. The insurance premium standard inspection method is a method of calculating the reserve amount based on the present value of total income reflecting the interest rate, the risk rate, the business ratio, the cancellation rate, etc. and the present value of the total expenditure, that is, (discount rate), business ratio, risk rate, and cancellation rate calculated based on the Group’s own experience, which reflects company-specific characteristics, and does not reflect subjective factors such as management’s willingness to improve management. iii) The assumptions of the current estimation used to assessment and their basis for calculation was as follows: Assumptions 2017 2018 Measurement basis Discount rate 1.98% ~ 8.77% 1.27% ~ 4.95% The scenario adding liquidity premium to risk-free rate, which is suggested from Financial Supervisory Service Mortality rate 6.24% ~ 257.25% 2.58% ~ 247.65% Ratio by claims paid per premium paid on risk premium based on experience-based rate by products, collateral of last 5 years. Operating expense rate Acquisition cost - The first time : 90% ~ 1034.9% - From the second time : 0% ~ 212.9% Maintenance expense (each case): 843 won ~ 3,768 won Collection expenses (on gross premium): 0.03% ~ 1.05% Acquisition cost - The first time : 90% ~ 982.7% - From the second time : 0% ~ 193.5% Maintenance expense (each case): 207 won ~ 3,531 won Collection expenses (on gross premium): 0.04% ~ 1.10% Business rate on insurance premium or expenses per contract based on experience-based rate of last 1 year Surrender ratio 0.95% ~ 34.08% 0.95% ~ 48.35% Surrender ratio by elapsed period, classes of sales channel, product of last 5 years vi) The result of liability adequacy test as of December 31, 2017 and 2018 are as follows: 2017 Provisions for test LAT base Premium loss Participating: Fixed interest W 582,842 1,448,564 865,722 Variable interest 811,078 895,052 83,973 1,393,920 2,343,616 949,695 Non-Participating: Fixed interest 5,374,209 2,204,431 (3,169,778 ) Variable interest 13,374,917 10,448,900 (2,926,017 ) 18,749,126 12,653,331 (6,095,795 ) W 20,143,046 14,996,947 (5,146,100 ) 2018 Provisions for test LAT base Premium Participating: Fixed interest W 589,618 1,368,008 778,390 Variable interest 859,858 964,358 104,500 1,449,476 2,332,366 882,890 Non-Participating: Fixed interest 6,009,771 3,019,087 (2,990,684 ) Variable interest 14,149,581 12,339,559 (1,810,022 ) 20,159,352 15,358,646 (4,800,706 ) W 21,608,828 17,691,012 (3,917,816 ) v) Sensitivity analysis as of December 31, 2017 and 2018 are as follows: LAT fluctuation 2017 2018 Discount rate increased by 0.5% W (1,532,611 ) (2,010,046 ) Discount rate decreased by 0.5% 1,836,098 2,353,179 Operating expense increased by 10% 216,340 236,693 Mortality rate increased by 10% 818,261 866,683 Mortality rate increased by 5% 410,822 435,423 Surrender ratio increased by 10% 457,119 298,121

Other liabilities

Other liabilities	12 Months Ended
	Dec. 31, 2018
Other liabilities [Abstract]
Other liabilities	35. Other liabilities Other liabilities as of December 31, 2017 and 2018 are as follows: 2017 2018 Accounts payable W 8,524,295 9,748,168 Accrued expenses 3,022,127 3,267,188 Dividend payable 8,345 49,486 Advance receipts 120,724 131,386 Unearned income 402,541 236,827 Withholding value-added tax and other taxes 343,938 547,097 Securities deposit received 911,304 651,153 Foreign exchange remittances pending 223,465 225,956 Domestic exchange remittances pending 1,808,652 1,115,939 Borrowing from trust account 4,057,649 2,999,445 Due to agencies 607,743 779,473 Deposits for subscription 79,154 76,019 Separate account liabilities 3,213,389 2,845,380 Sundry liabilities 1,930,410 2,496,169 Other 76,966 50,881 Present value discount account (17,929 ) (20,888 ) W 25,312,773 25,199,679

Equity

Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Equity	36. Equity (a) Equity as of December 31, 2017 and 2018 are as follows: 2017 2018 Capital stock: Common stock W 2,370,998 2,370,998 Preferred stock 274,055 274,055 2,645,053 2,645,053 Hybrid bond 423,921 1,531,759 Capital surplus: Share premium 9,494,769 9,494,769 Others (*1) 392,566 400,719 9,887,335 9,895,488 Capital adjustments (*2) (398,035 ) (552,895 ) Accumulated other comprehensive income, net of tax: Gain on financial assets at fair value through other comprehensive income — 2,958 Valuation gain on available-for-sale 72,126 — Loss on financial assets at fair value through profit or loss (overlay approach) — (79,057 ) Equity in other comprehensive income of associates (294 ) 4,883 Foreign currency translation adjustments for foreign operations (345,199 ) (321,853 ) Net gain(loss) from cash flow hedges 2,440 (17,751 ) Other comprehensive income(loss) of separate account (4,812 ) 4,112 Actuarial losses (253,995 ) (346,682 ) Changes in own credit risk on financial liabilities designated under fair value option — 170 (529,734 ) (753,220 ) Retained earnings (*3)(*4)(*5)(*6) 20,791,681 22,959,440 Non-controlling 883,397 925,805 W 33,703,618 36,651,430 (*1) During the year ended December 31, 2018, the Group recorded a capital surplus of KRW 8,153 million as a result of participating in the capital increase of its subsidiary, Jeju Bank Co. Ltd. (*2) The Group acquired treasury stock through treasury stock trusts, and the consideration paid or received is recognized directly in equity. (*3) The reserve for profits of the Group, due to In accordance with Article 53 of the Financial Holding Company Act, amounted to W W (*4) The reserve for loan losses in the retained earnings amounted to W W (*5) The total amount of retained earnings from the consolidated subsidiaries that are not available for the payment of cash dividends due to the related regulation is 5,800,002 million. (*6) The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed and the amount was adjusted retrospectively. (*7) As of December 31, 2017 and 2018, Shinhan Bank and Jeju Bank have recognized W W non-controlling W W non-controlling (b) Capital stock Capital stock of the Group as of December 31, 2017 and 2018 are as follows: Number of authorized shares 1,000,000,000 Par value per share in won W 5,000 Number of issued common stocks outstanding 474,199,587 (c) Hybrid bonds Hybrid bonds classified as other equity instruments as of December 31, 2017 and December 31, 2018 are as follows: Issue date Currency Maturity date Interest rate (%) 2017 2018 June 25, 2015 KRW June 25, 2045 4.38 W 199,455 199,455 September 15, 2017 ” — 3.77 134,683 134,683 September 15, 2017 ” — 4.25 89,783 89,783 April 13, 2018 ” — 4.08 — 134,678 April 13, 2018 ” — 4.56 — 14,955 August 29, 2018 ” — 4.15 — 398,679 August 13, 2018 USD — 5.88 — 559,526 W 423,921 1,531,759 The Group can make advanced redemption for the above bonds, after 5 or 10 years from the issuance date; and has unconditional rights to extend the maturity under the same condition. In addition, if the determination has been made that dividend is not paid for common shares, then the interest for the above bonds is also not paid. (d) Capital adjustments Changes in capital adjustments for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 Beginning balance W (458,461 ) (398,035 ) Transaction on redemption of hybrid bonds (1,139 ) — Acquisition of stocks — (155,923 ) Other transactions with owners 61,565 1,063 Ending balance W (398,035 ) (552,895 ) (e) Accumulated other comprehensive income Changes in accumulated other comprehensive income for the years ended December 31, 2017 and 2018 are as follows: 2017 Unrealized available-for-sale Equity in other Foreign currency Net loss Other comprehensive Remeasurements of Total Beginning balance W 394,182 21,258 (151,725 ) (13,464 ) 4,466 (357,300 ) (102,583 ) Change due to fair value (60,397 ) (24,886 ) — — (12,529 ) — (97,812 ) Reclassification: Change due to impairment or disposal (346,126 ) — — — — — (346,126 ) Effect of hedge accounting — — — 250,875 — — 250,875 Hedging 1,241 — 97,353 (229,747 ) — — (131,153 ) Effects from exchange rate fluctuations (28,553 ) — (276,285 ) — — — (304,838 ) Remeasurements of the defined benefit plans — — — — — 121,735 121,735 Transfer to other account — (414 ) — — — — (414 ) Deferred income taxes 110,708 3,748 (15,240 ) (5,224 ) 3,251 (18,210 ) 79,033 Non-controlling 1,071 — 698 — — (220 ) 1,549 Ending balance W 72,126 (294 ) (345,199 ) 2,440 (4,812 ) (253,995 ) (529,734 ) 2018 Items that are or may be reclassified to profit or loss Items that will never be reclassified to profit or loss Total Gain (loss) on Gain (loss) on Equity in Foreign Net loss Other Remeasurements Equity in Gain (loss) on Gain (loss) on Beginning balance W (211,003 ) (24,724 ) (2,516 ) (342,318 ) 2,441 (4,564 ) (253,995 ) (46 ) 31,533 (1,553 ) (806,745 ) Change due to fair value 225,173 (74,942 ) (2,327 ) — — 11,967 — 39 25,077 2,376 187,363 Reclassification: Change due to impairment or disposal 15,812 — 13,103 — (91,011 ) — — — — — (62,096 ) Effect of hedge accounting — — — — (1,261 ) — — — — — (1,261 ) Hedging (2,365 ) — — (35,879 ) 60,501 — — — — — 22,257 Effects from exchange rate fluctuations 1,733 — — 45,904 — — — — 423 — 48,060 Remeasurements of the defined benefit plans — — — — — — (128,139 ) — — — (128,139 ) Deferred income taxes (79,345 ) 20,609 (3,369 ) 9,958 11,579 (3,291 ) 35,041 (11 ) (5,410 ) (653 ) (14,892 ) Transfer to other account — — — — — — — 10 2,635 — 2,645 Non-controlling (1,305 ) — — 482 — — 411 — — — (412 ) Ending balance W (51,300 ) (79,057 ) 4,891 (321,853 ) (17,751 ) 4,112 (346,682 ) (8 ) 54,258 170 (753,220 ) (*) The beginning balance is restated due to the adoption of IFRS 9 and 15. (f) Appropriation of retained earnings Statements of appropriation of retained earnings for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 Date of appropriation: March 22, 2018 March 27, 2019 Unappropriated retained earnings: Balance at beginning of year W 4,896,292 4,867,521 Net effect due to change in accounting policy — (23 ) Dividend to hybrid bonds (17,678 ) (40,357 ) Net income 754,727 1,234,883 5,633,341 6,062,024 Reversal of regulatory reserve for loan losses — — 5,633,341 6,062,024 Appropriation of retained earnings: Legal reserve (75,473 ) (123,488 ) Dividends Dividends on common stocks paid (687,589 ) (753,041 ) Regulatory reserve for loan losses (1,619 ) (1,156 ) Loss on redemption of hybrid bonds (1,139 ) — (765,820 ) (877,685 ) Unappropriated retained earnings to be carried over to subsequent year W 4,867,521 5,184,339 (*) These statements of appropriation of retained earnings were based on the separate financial statements of Shinhan Finance Group. (g) Regulatory reserve for loan losses In accordance with Regulations for the Supervision of Financial Institutions, the Group reserves the difference between allowance for credit losses by IFRS and that as required by the Regulations at the account of regulatory reserve for loan losses in retained earnings. i) Changes in regulatory reserve for loan losses including non-controlling 2017 2018 Beginning balance W 2,252,771 2,885,018 IFRS 9 adoption — (388,551 ) Planned regulatory reversal of loan losses 632,247 348,223 Ending balance W 2,885,018 2,844,690 ii) Profit attributable to equity holders of Shinhan Financial Group and earnings per share after factoring in regulatory reserve for loan losses for the years ended December 31, 2017 and 2018 are as follows: 2017 (*3) 2018 Profit attributable to equity holders of Shinhan Financial Group W 2,918,816 3,156,722 Provision for regulatory reserve for loan losses (*1) (631,578 ) (348,127 ) Profit attributable to equity holders of Shinhan Financial Group adjusted for regulatory reserve W 2,287,238 2,808,595 Basic and diluted earnings per share adjusted for regulatory reserve in won (*2) 4,786 5,844 (*1) Amortization of reserve for credit losses due to the transfer of IFRS 9 during the year is excluded. (*2) Dividends for hybrid bonds are deducted. (*3) The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (h) Treasury stock The acquisition of treasury stock is as follows: Beginning balance Acquisition disposal Ending balance The number of share — 3,648,659 — 3,648,659 Carrying value W — 155,923 — 155,923 (*) For the December 31, 2018, the Group entered into a treasury stock trust agreement with Samsung Securities Co., Ltd. for a total consideration of W

Dividends

Dividends	12 Months Ended
	Dec. 31, 2018
Dividends [Abstract]
Dividends	37. Dividends (a) Details of dividends recognized as distributions to common stockholders for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 (*1) Total number of shares issued and outstanding W 474,199,587 474,199,587 Par value per share in won 5,000 5,000 Dividend per share in won 1,450 1,600 Dividends (*2) W 687,589 753,041 Dividend rate per share % 29.0 32.0 (*1) The dividend is the amount of dividend that will be paid on March 27, 2019 and is not recognized as a distribution to the owners during the period. (*2) The amounts are proposed or declared dividends before the financial statements were authorized for issue but not recognized as a distribution to owners during the year. (b) Dividend for hybrid bond was calculated as follows for the years ended December 31, 2017 and 2018: 2017 2018 Amount of hybrid bond W 425,000 1,538,150 Interest rate % 3.77 ~ 4.38 3.77 ~ 5.88 Dividend (*) W 17,678 40,357 (*) The dividends to hybrid bonds that were early redeemed during the period are included.

Net interest income

Net interest income	12 Months Ended
	Dec. 31, 2018
Details of Net interest income [Abstract]
Net interest income	38. Net interest income Net interest income for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Interest income: Cash and due from banks W 185,534 167,793 — Cash and deposits at amortized cost — — 155,075 Deposits at FVTPL — — 33,845 Trading assets 454,274 489,836 — Financial assets designated at fair value through profit or loss 43,398 57,899 — Securities at FVTPL — — 623,651 Securities at FVOCI — — 759,301 Securities at amortized cost — — 730,382 Available-for-sale 632,829 671,912 — Held-to-maturity 561,823 651,107 — Loans 9,230,303 9,673,635 — Loans at amortized cost — — 11,158,558 Loans at FVTPL — — 23,110 Others 128,141 86,472 88,534 11,236,302 11,798,654 13,572,456 Interest expense: Deposits (2,586,742 ) (2,482,415 ) (3,091,659 ) Borrowings (300,759 ) (352,069 ) (468,068 ) Debt securities issued (1,085,830 ) (1,085,366 ) (1,336,840 ) Others (57,605 ) (35,851 ) (95,800 ) (4,030,936 ) (3,955,701 ) (4,992,367 ) Net interest income W 7,205,366 7,842,953 8,580,089

Net fees and commission income

Net fees and commission income	12 Months Ended
	Dec. 31, 2018
Details of Net fees and commission income [Abstract]
Net fees and commission income	39. Net fees and commission income Net fees and commission income for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Fees and commission income: Credit placement fees W 74,352 59,133 62,766 Commission received as electronic charge receipt 137,213 142,755 146,309 Brokerage fees 333,722 373,108 412,165 Commission received as agency 131,026 129,460 120,508 Investment banking fees 66,150 66,191 91,273 Commission received in foreign exchange activities 182,975 197,705 214,395 Asset management fees 115,574 190,802 235,275 Credit card fees 2,343,255 2,369,745 1,360,322 Others 419,329 516,056 652,243 3,803,596 4,044,955 3,295,256 Fees and commission expense: Credit-related fee (32,401 ) (35,665 ) (36,817 ) Credit card fees (1,899,339 ) (1,988,826 ) (944,533 ) Others (306,317 ) (309,510 ) (374,909 ) (2,238,057 ) (2,334,001 ) (1,356,259 ) Net fees and commission income W 1,565,539 1,710,954 1,938,997

Dividend income

Dividend income	12 Months Ended
	Dec. 31, 2018
Details of Dividend income [Abstract]
Dividend income	40. Dividend income Dividend income for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Securities at FVTPL W — — 70,955 Trading assets 50,805 57,615 — Securities at FVOCI — — 16,871 Available-for-sale 230,818 199,691 — W 281,623 257,306 87,826

Net gain (loss) on financial in

Net gain (loss) on financial instruments measured at fair value through profit or loss	12 Months Ended
	Dec. 31, 2018
Net gain (loss) on financial instruments measured at fair value through profit or loss [Abstract]
Net gain (loss) on financial instruments measured at fair value through profit or loss	41. Net gain (loss) on financial instruments measured at fair value through profit or loss Net gain (loss) on financial instruments measured at fair value through profit or loss for the year ended December 31, 2018 are as follows: 2018 Net gain (loss) on deposits measured at FVTPL Loss on valuation W (61,848 ) Net gain (loss) on loans measured at FVTPL Gain on valuation 916 Gain on sale 9,133 10,049 Net gain (loss) on securities measured at FVTPL Debt securities Gain on valuation 111,029 Gain on sale 78,718 Other gains 223,731 413,478 Equity securities Gain on valuation 286,801 Loss on sale (275,356 ) 11,445 Other Gain on valuation 19,086 Net gain (loss) on financial liabilities measured at FVTPL Debt securities Loss on valuation (115,667 ) Gain (loss) on disposition 268,932 153,265 Other Gain (loss) on valuation (14,892 ) Gain on disposition 1,394 (13,498 ) Derivatives: Gain on valuation (291,879 ) Gain on transaction 179,928 (111,951 ) W 420,026

Net trading income (loss)

Net trading income (loss)	12 Months Ended
	Dec. 31, 2018
Net trading income (loss) [Abstract]
Net trading income (loss)	42. Net trading income (loss) Net trading income (loss) for the year ended December 31, 2016 and 2017 are as follows: 2016 2017 Trading assets: Debt securities: Loss on valuation W (47,017 ) (90,442 ) Gain (loss) on sale (1,933 ) (93,528 ) (48,950 ) (183,970 ) Equity securities: Gain on valuation 161,234 187,442 Gain on sale 70,603 128,118 231,837 315,560 Other: Gain (loss) on valuation 18,336 5,782 Trading liabilities: Debt securities: Gain (loss) on valuation (121,262 ) (138,134 ) Gain (loss) on disposition 5,174 (20,610 ) (116,088 ) (158,744 ) Other: Gain (loss) on valuation (61,321 ) 260 Gain on disposition 2,589 2,440 (58,732 ) 2,700 Derivatives: Gain (loss) on valuation 1,667 369,225 Gain on transaction 341,440 612,670 343,107 981,895 W 369,510 963,223

Net gain (loss) on financial _2

Net gain (loss) on financial instruments designated at fair value through profit or loss(IFRS9)	12 Months Ended
	Dec. 31, 2018
Net gain (loss) on financial instruments designated at fair value through profit or loss(IFRS9) [Abstract]
Net gain (loss) on financial instruments designated at fair value through profit or loss(IFRS9)	43. Net gain (loss) on financial instruments designated at fair value through profit or loss (IFSR9) Net gain (loss) on financial instruments designated at fair value through profit or loss for the year ended December 31, 2018 are as follows: 2018 Financial assets designated at fair value through profit or loss: Equity securities: Gain on sale W (4,737 ) Financial liabilities designated at fair value through profit or loss: Borrowings: Gain on valuation 382,667 Loss on sale and redemption (404,573 ) W (26,643 )

Net gain (loss) on financial _3

Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39)	12 Months Ended
	Dec. 31, 2018
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) [Abstract]
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39)	44. Net gain (loss) on financial instruments designated at fair value through profit or loss (IAS39) Net gain (loss) on financial instruments designated at fair value through profit or loss for the year ended December 31, 2016 and 2017 were as follows: 2016 2017 Financial assets designated at fair value through profit or loss: Other securities: Gain on valuation W 11,798 13,020 Debt securities: Gain (loss) on valuation 20,498 (65,475 ) Gain on sale and redemption 16,625 11,673 37,123 (53,802 ) Equity securities: Dividend income 185 51 Loss on valuation (5,664 ) (78,633 ) Gain on sale 5,747 5,622 268 (72,960 ) Financial liabilities designated at fair value through profit or loss: Other securities: Gain (loss) on valuation (97 ) — Loss on disposal and redemption (109 ) (43 ) (206 ) (43 ) Borrowings: Gain (loss) on valuation (174,348 ) (100,685 ) Loss on disposal and redemption (376,590 ) (845,356 ) (550,938 ) (946,041 ) W (501,955 ) (1,059,826 )

Allowance provided (reversed) f

Allowance provided (reversed) for credit loss on financial assets	12 Months Ended
	Dec. 31, 2018
Allowance provided (reversed) for credit loss on financial assets [Abstract]
Allowance provided (reversed) for credit loss on financial assets	45. Allowance provided (reversed) for credit loss on financial assets Allowance provided (reversed) for credit loss on financial assets for the year ended December 31, 2018 are as follows: 2018 Loans at amortized cost W (704,515 ) Other financial assets at amortized cost (24,070 ) Securities at fair value through other comprehensive income (12,066 ) Others (unused credit line and financial guarantee, etc) (4,826 ) Securities at amortized cost (2,400 ) W (747,877 )

Net impairment loss on financia

Net impairment loss on financial assets	12 Months Ended
	Dec. 31, 2018
Net impairment loss on financial assets [Abstract]
Net impairment loss on financial assets	46. Net impairment loss on financial assets Net impairment loss on financial assets for the year ended December 31, 2016 and 2017 were as follows: 2016 2017 (*) Impairment losses on: Loans W (1,102,781 ) (799,577 ) Available-for-sale (96,381 ) (202,360 ) Other financial assets (4,851 ) (15,672 ) (1,204,013 ) (1,017,609 ) Reversal of impairment losses on: Available-for-sale 8,350 4,061 W (1,195,663 ) (1,013,548 ) (*) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

General and administrative expe

General and administrative expenses	12 Months Ended
	Dec. 31, 2018
General and Administrative Expense [Abstract]
General and administrative expenses	47. General and administrative expenses General and administrative expenses for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Employee benefits: Salaries W 2,515,492 2,668,224 2,736,604 Severance benefits: Defined contribution 22,007 21,040 23,745 Defined benefit 181,703 173,080 133,749 Termination benefits 106,833 285,158 115,275 2,826,035 3,147,502 3,009,373 Rent 340,504 336,124 357,981 Entertainment 31,409 29,039 30,442 Depreciation 177,405 173,541 171,771 Amortization 74,222 66,860 73,575 Taxes and dues 164,177 165,689 176,133 Advertising 292,552 271,819 287,688 Research 14,070 14,093 13,928 Others 588,201 606,531 620,684 W 4,508,575 4,811,198 4,741,575

Share-based payments

Share-based payments	12 Months Ended
	Dec. 31, 2018
Share-based payments [Abstract]
Share-based payments	48. Share-based payments (a) Stock options granted as of December 31, 2018 are as follows: 4th grant(*1) 5th grant(*1) 6th grant(*1) 7th grant(*1)(*2) Grant date March 30, 2005 March 21, 2006 March 20, 2007 March 19, 2008 Exercise price in won W W W W Number of shares granted 2,695,200 3,296,200 1,301,050 808,700 Options expiry dates August 30, 2018 August 21, 2019 August 19, 2020 May 17, 2021/ September 17, 2021 Changes in number of shares granted: Balance at January 1, 2018 2,500 2,500 58,764 45,628 Exercised 2,500 — — — Balance at December 31, 2018 — 2,500 58,764 45,628 W (Expiration of Fair value per share in won — W 2,874 W 397 W (Expiration of (*1) The weighted average exercise price for 106,892 stock options outstanding at December 31, 2018 is W (*2) As of December 31, 2018, the exercise of the remaining for 9,466 stock options (7th grant) was temporarily suspended. (b) Performance shares granted as of December 31, 2018 are as follows: Expired Not expired Type Cash-settled share-based payment Performance conditions Increase rate of the stock price and achievement of target ROE Operating period (*) 4 or 5 years Estimated number of shares vested at December 31, 2018 397,464 1,336,188 Fair value per share in won W W W W W W W (*) Four-year period is applied from the beginning of the year that the grant date belongs while five-year period for the shares with deferred payment. The amount of cash payment for the Group’s cash-settled share-based payment arrangements with performance conditions is determined at the fourth anniversary date from the grant date based on the share price which is an arithmetic mean of weighted average share prices of the past two-months, one-month one-week. (c) Share-based compensation costs for the years ended December 31, 2016, 2017 and 2018 were as follows: 2016 Employees of The controlling The subsidiaries Total Stock options granted: 4th W 51 533 584 5th 36 582 618 6th — — — 7th — — — Performance share 2,890 23,845 26,735 W 2,977 24,960 27,937 2017 Employees of The controlling The subsidiaries Total Stock options granted: 4th W 67 413 480 5th 48 757 805 6th 26 159 185 7th 83 120 203 Performance share 1,782 15,717 17,499 W 2,006 17,166 19,172 2018 Employees of The controlling The subsidiaries Total Stock options granted: 4th W — (14 ) (14 ) 5th — (19 ) (19 ) 6th (23 ) (139 ) (162 ) 7th (59 ) (86 ) (145 ) Performance share 1,154 9,768 10,922 W 1,072 9,510 10,582 (d) Accrued expenses and the intrinsic value as of December 31, 2017 and 2018 are as follows: 2017 Employees of The controlling The subsidiaries Total Stock options granted: 4th W — 54 54 5th — 26 26 6th 26 159 185 7th 83 120 203 Performance share 8,286 62,769 71,055 W 8,395 63,128 71,523 The intrinsic value of share-based payments is W W 2018 Employees of The controlling The subsidiaries Total Stock options granted: 4th W — — — 5th — 7 7 6th 3 20 23 7th 24 33 57 Performance share 7,328 61,790 69,118 W 7,355 61,850 69,205 The intrinsic value of share-based payments is W W

Net other operating expense

Net other operating expense	12 Months Ended
	Dec. 31, 2018
Net other operating expense [Abstract]
Net other operating expense	49. Net other operating expense Other operating income and other operating expense for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Other operating income Gain on sale of assets: Loans W 69,002 50,707 — Loans at amortized cost — — 40,624 Others: Gain on hedged items 392,913 634,695 418,390 Reversal of allowance for acceptances and guarantee 4,046 — 2,834 Gain on trust account 3,379 14 — Reversal of other allowance 30,419 286,932 5,033 Others 47,556 82,375 131,345 478,313 1,004,016 557,602 547,315 1,054,723 598,226 Other operating expense Loss on sale of assets: Loans (11,021 ) (8,394 ) — Loans at amortized cost — — (14,271 ) Others: Loss on hedged items (451,728 ) (629,754 ) (406,872 ) Contribution (252,178 ) (252,419 ) (283,331 ) Provision for acceptances and guarantee allowance (7,933 ) (2,548 ) — Provision for other allowance (84,048 ) (12,133 ) (13,036 ) Depreciation of operating lease assets (8,315 ) (12,943 ) (56,570 ) Others (530,003 ) (599,524 ) (653,501 ) (1,334,205 ) (1,509,321 ) (1,413,310 ) (1,345,226 ) (1,517,715 ) (1,427,581 ) Net other operating expenses W (797,911 ) (462,992 ) (829,355 )

Net other non-operating income

Net other non-operating income	12 Months Ended
	Dec. 31, 2018
Net other non-operating income [Abstract]
Net other non-operating income	50. Net other non-operating Other non-operating non-operating 2016 2017 2018 Other non-operating Gain on sale of assets: Property and equipment W 3,343 5,278 12,611 Investment property 2,668 219 4,783 Assets held for sale — 22,748 — Lease assets 272 605 1,153 Others 95 125 — 6,378 28,975 18,547 Gain on sale of Investments in associates 5,218 8,891 17,427 Others: Rental income on investment property 27,852 33,023 32,488 Reversal of impairment losses on intangible asset 301 91 62 Gain from assets contributed 53 1,067 77 Others 104,563 67,535 49,276 132,769 101,716 81,903 144,365 139,582 117,877 Other non-operating Loss on sale of assets: Property and equipment (2,811 ) (2,642 ) (3,082 ) Investment property (248 ) (1,627 ) (2,958 ) Lease assets (2,429 ) (1,282 ) (3,964 ) Others (118 ) (149 ) (3 ) (5,606 ) (5,700 ) (10,007 ) Loss on sale of investments in associates (3,315 ) (1,332 ) (11,546 ) Impairment loss on investments in associates (7,339 ) (144 ) (5,849 ) (10,654 ) (1,476 ) (17,395 ) Others: Donations (19,367 ) (140,243 ) (88,650 ) Depreciation of investment properties (19,588 ) (16,095 ) (16,917 ) Impaired loss on property and equipment (2,204 ) (16 ) — Impaired loss on intangible assets (3,411 ) (271 ) (771 ) Write-off (966 ) (1,210 ) (1,537 ) Collecting of written-off (4,379 ) (7,162 ) (6,048 ) Others (26,355 ) (20,220 ) (26,844 ) (76,270 ) (185,217 ) (140,767 ) (92,530 ) (192,393 ) (168,169 ) Net other non-operating W 51,835 (52,811 ) (50,292 )

Income tax expense

Income tax expense	12 Months Ended
	Dec. 31, 2018
Income tax expense [Abstract]
Income tax expense	51. Income tax expense (a) Income tax expense for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 (*) 2018 Current income tax expense W 718,757 749,649 900,016 Adjustment for prior periods (36,372 ) (23,265 ) (3,261 ) Temporary differences (480,280 ) 46,468 383,190 Income tax recognized in other comprehensive income 143,448 75,551 (11,600 ) Income tax expenses W 345,553 848,403 1,268,345 (*) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (b) Income tax expense calculated by multiplying net income before tax with the tax rate for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 (*1) 2018 Profit before income taxes W 3,170,472 3,797,608 4,466,610 Income taxes at statutory tax rates 765,395 917,802 1,222,840 Adjustments: Non-taxable (30,839 ) (10,614 ) (6,300 ) Non-deductible 18,786 12,772 12,854 Tax credit (401 ) (195 ) (23,317 ) Recognition of deferred tax assets related to expired unused tax losses (*2) (357,307 ) — — Changes in deferred tax due to change in tax rate — (72,985 ) — Other (13,709 ) 24,888 65,529 Refund due to adjustments of prior year tax returns (36,372 ) (23,265 ) (3,261 ) Income tax expense W 345,553 848,403 1,268,345 Effective tax rate % 10.90 22.34 28.40 (*1) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*2) The Group did not previously recognized the deferred tax asset relating to the expired unused tax losses as the utilization of the expired unused tax losses had been assessed remote. In 2016, based on the new tax interpretation issued by Korea National Tax Service which allows utilization of expired unused tax losses against extinguishment of deposit and insurance liabilities and the relating recent tax refund, the Group recognized the deferred tax asset after factoring in future taxable profits and the expected future extinguishment of deposit and insurance liabilities. (c) Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences for the years ended December 31, 2017 and 2018 are as follows: 2017 Beginning Profit or Other Ending Unearned income W (139,234 ) (62,835 ) — (202,069 ) Account receivable (11,493 ) (7,774 ) — (19,267 ) Trading assets (33,424 ) 44,841 — 11,417 Available-for-sale 86,897 77,198 110,405 274,500 Investment in associates 20,112 1,062 3,748 24,922 Valuation and depreciation of property and equipment (146,860 ) (16,452 ) — (163,312 ) Derivative asset (liability) 125,233 (197,253 ) (5,224 ) (77,244 ) Deposits 18,162 9,742 — 27,904 Accrued expenses 108,700 62,610 — 171,310 Defined benefit obligation 378,400 50,410 (20,544 ) 408,266 Plan assets (313,708 ) (100,624 ) 2,396 (411,936 ) Other provisions 221,749 (47,484 ) — 174,265 Allowance for acceptances and guarantees 19,530 3,608 — 23,138 Allowance related to asset revaluation (46,977 ) (5,909 ) — (52,886 ) Allowance for expensing depreciation (521 ) (8 ) — (529 ) Deemed dividend 1,378 3,939 — 5,317 Accrued contributions 8,764 3,140 — 11,904 Financial instruments designated at fair value through profit of loss (58,885 ) 52,397 — (6,488 ) Allowances 94,554 (70,201 ) — 24,353 Fictitious dividend 4,833 157 — 4,990 Liability under insurance contracts 13,104 5,001 — 18,105 Deficit carried over — 1,505 — 1,505 Other (77,198 ) 49,675 (15,230 ) (42,753 ) 273,116 (143,255 ) 75,551 205,412 Expired unused tax losses: Extinguishment of deposit and insurance liabilities 357,307 18,500 — 375,807 W 630,423 (124,755 ) 75,551 581,219 (*1) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*2) Deferred tax assets from overseas subsidiaries were decreased by W 2018 Beginning Profit or Other Ending Unearned income W (202,069 ) (53,267 ) — (255,336 ) Account receivable (19,267 ) (4,872 ) — (24,139 ) Financial assets at fair value through profit or loss (47,548 ) 79,000 16,825 48,277 Securities at fair value through other comprehensive income 307,729 (47,548 ) (82,823 ) 177,358 Investment in associates 24,918 3,205 (3,380 ) 24,743 Valuation and depreciation of property and equipment (163,313 ) 1,317 — (161,996 ) Derivative asset (liability) (70,828 ) 171,000 11,579 111,751 Deposits 27,904 132 — 28,036 Accrued expenses 171,310 (38,621 ) — 132,689 Defined benefit obligation 408,266 6,965 32,427 447,658 Plan assets (411,935 ) (37,117 ) 2,729 (446,323 ) Other provisions 191,298 3,177 — 194,475 Allowance for acceptances and guarantees 23,929 5,228 — 29,157 Allowance related to asset revaluation (52,886 ) 3,173 — (49,713 ) Allowance for expensing depreciation (529 ) 64 — (465 ) Deemed dividend 5,317 (5,317 ) — — Accrued contributions 11,904 9,807 — 21,711 Financial instruments designated at fair value through profit of loss (7,194 ) (80,214 ) — (87,408 ) Allowances 131,222 (82,438 ) — 48,784 Fictitious dividend 4,990 (3,665 ) — 1,325 Liability under insurance contracts 18,105 4,488 — 22,593 Deficit carried over 1,505 (1,505 ) — — Other 59,471 (296,190 ) 11,043 (225,676 ) 412,299 (363,198 ) (11,600 ) 37,501 Expired unused tax losses: Extinguishment of deposit and insurance liabilities 375,807 (8,363 ) — 367,444 W 788,106 (371,561 ) (11,600 ) 404,945 (*1) Changes in the scope of application of IFRS 9 and 15 have been reflected (Note 60). (*2) Deferred tax assets from overseas subsidiaries were decreased by W (d) Deferred tax assets and liabilities that were directly charged or credited to equity for the years ended December 31, 2017 and 2018 are as follows: January 1, 2017 Changes December 31, 2017 OCI Tax effect OCI (*2) Tax effect OCI Tax effect Gain (loss) on valuation of available-for-sale W 524,335 (130,153 ) (432,461 ) 110,405 91,874 (19,748 ) Foreign currency translation adjustments for foreign operations (141,815 ) (9,910 ) (178,244 ) (15,230 ) (320,059 ) (25,140 ) Gain (loss) on cash flow hedge (17,763 ) 4,299 21,128 (5,224 ) 3,365 (925 ) Equity in other comprehensive income of associates 22,559 (1,301 ) (25,300 ) 3,748 (2,741 ) 2,447 The accumulated other comprehensive income in separate account (*1) 5,891 (1,425 ) (12,529 ) 3,251 (6,638 ) 1,826 Remeasurements of the defined benefit liability (471,141 ) 113,841 121,451 (18,146 ) (349,690 ) 95,695 Income tax charged or credited directly to equity W (77,934 ) (24,649 ) (505,955 ) 78,804 (583,889 ) 54,155 January 1, 2018 (*2) Changes December 31, 2018 OCI Tax effect OCI Tax effect OCI Tax effect Gain (loss) on valuation of financial assets measured at FVOCI W (255,593 ) 76,124 267,306 (84,878 ) 11,713 (8,754 ) Gain (loss) on financial liabilities measured at FVTPL attributable to changes in credit risk (2,141 ) 588 2,376 (653 ) 235 (65 ) Foreign currency translation adjustments for foreign operations (317,264 ) (25,054 ) 10,498 9,967 (306,766 ) (15,087 ) Gain (loss) on cash flow hedge 7,286 (4,845 ) (31,771 ) 11,578 (24,485 ) 6,733 Equity in other comprehensive income of associates (5,868 ) 3,306 10,825 (3,380 ) 4,957 (74 ) The accumulated other comprehensive income in separate account (*1) (6,295 ) 1,731 11,967 (3,291 ) 5,672 (1,560 ) Remeasurements of the defined benefit liability (349,538 ) 95,543 (127,844 ) 35,157 (477,382 ) 130,700 Gain (loss) on valuation of financial asset measured at FVTPL (Overlay approach) (33,713 ) 8,988 (74,942 ) 20,609 (108,655 ) 29,597 Income tax charged or credited directly to equity W (963,126 ) 156,381 68,415 (14,891 ) (894,711 ) 141,490 (*1) Deferred tax effects, which are originated from the accumulated other comprehensive income in separate account, were included in the other assets of separate account’s financial statement. (*2) Changes in the scope of application of IFRS 9 and 15 have been reflected (Note 60) (e) The amount of deductible temporary differences, unused tax losses, and unused tax credits that are not recognized as deferred tax assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Tax loss carry forward (*) W 99,449 99,449 (*) At the end of reporting date, the expected extinctive date of tax loss carry forward and tax credits carry forward that are not recognized as deferred tax assets are as follows: 1 year 1-2 2-3 More than Tax loss carry forward W 99,449 — — — (f) The amount of temporary difference regarding investment in subsidiaries that are not recognized as deferred tax liabilities as of December 31, 2017 and 2018 are as follows: 2017 2018 Investment in associates W (480,184 ) (686,107 ) (g) The Group set off a deferred tax asset against a deferred tax liability of the same taxable entity if, and only if, they relate to income taxes levied by the same taxation authority and the entity has a legally enforceable right to set off current tax assets against current tax liabilities. Deferred tax assets and liabilities presented on a gross basis prior to any offsetting as of December 31, 2017 and 2018 are as follows: 2017 (*) 2018 Deferred tax assets W 659,594 483,517 Deferred tax liabilities (77,293 ) (78,572 ) (*) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

Earnings per share

Earnings per share	12 Months Ended
	Dec. 31, 2018
Earnings per share [Abstract]
Earnings per share	52. Earnings per share (a) Basic and diluted earnings per share for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 (*2) 2018 Profit attributable to equity holders of Shinhan Financial Group W 2,774,778 2,918,816 3,156,722 Less: Dividends on preferred stock (*3) 18,836 — — Dividends to hybrid bond 36,091 17,678 40,357 54,927 17,678 40,357 Net profit available for common stock W 2,719,851 2,901,138 3,116,365 Weighted average number of common shares outstanding (*1) 474,199,587 474,199,587 473,649,076 Basic and diluted earnings per share in won W 5,736 6,118 6,579 (*1) The number of basic ordinary shares outstanding is 474,199,587 shares. As a result of the acquisition of treasury stock, the weighted average number of common shares outstanding for the year ended December 31, 2018 decreased. (*2) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*3) The amount of 2016 is the additionally paid amount based on the contractual dividend rate for the period from the beginning of the period to the day before the redemption date according to the redemption conditions of the redeemable preferred stocks. (b) The Board of Directors’ meeting on February 12, 2019, after the reporting period, approved an issue of a convertible preferred stock that could potentially dilute basic earnings per share in the future (Note 59).

Commitments and contingencies

Commitments and contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and contingencies [Abstract]
Commitments and contingencies	53. Commitments and contingencies (a) Guarantees, acceptances and credit commitments as of December 31, 2017 and 2018 are as follows: 2017 2018 Guarantees: Guarantees outstanding W 7,611,211 9,437,691 Contingent guarantees 3,259,613 3,985,532 10,870,824 13,423,223 Commitments to extend credit: Loan commitments in won 54,827,918 69,906,336 Loan commitments in foreign currency 18,992,984 19,967,297 ABS and ABCP commitments 2,035,543 2,083,522 Others 66,767,465 73,816,233 142,623,910 165,773,388 Endorsed bills: Secured endorsed bills 85,456 37,667 Unsecured endorsed bills 7,810,788 7,758,242 7,896,244 7,795,909 Loans sold with recourse 2,099 2,099 W 161,393,077 186,994,619 (b) Legal contingencies The Group’s pending lawsuits as a defendant for the year ended December 31, 2018 are as follows: Case Number of Descriptions Claim amount Payment Guarantee 1 The plaintiff filed claims against the Group for guarantee deposit of receivable-backed ABL of KT ENS. The case are currently pending in its second appeal. W 12,866 Compensation for a loss 1 According to the asset custody contract, the plaintiff is liable for damages caused by a fire in the property of the real estate investment company in which the Group is holding assets. In 2015 and 2017, the plaintiffs prevailed, but the first and second decisions were different. 6,893 Confirm deposit accounts 1 Hanwha Savings Bank, a party to the lender of Meat Loan, filed a lawsuit against all creditors to confirm deposit accounts for the sale of frozen meat. HYUN, which is proceeding civil litigation against the group’s individual owners, has been entrusted to proceed the confirm deposit accounts. 5,575 Others 152 Compensation for a loss claim, etc. 78,900 155 W 104,234 As of December 31, 2018, the Group has recorded W W (c) The Group entered into an agreement with Asia Trust Co., Ltd. (60% of its total shares) to acquire remaining stake in the Group. In accordance with the agreement, the Group has the right to purchase shares held by the shareholders of Asia Trust Co., Ltd. In response, the shareholders of Asia Trust Co., Ltd. have the right to demand to purchase the shares of the Group.

Statement of cash flows

Statement of cash flows	12 Months Ended
	Dec. 31, 2018
Disclosure of cash flow statement [Abstract]
Statement of cash flows	54. Statement of cash flows (a) Cash and cash equivalents in the consolidated statements of cash flows as of December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Cash and due from banks W 19,196,875 22,682,652 — Cash and due from banks at amortized cost — — 17,363,450 Adjustments: Due from financial institutions with a maturity over three months from date of acquisition (4,458,286 ) (3,010,471 ) (3,008,188 ) Restricted due from banks (9,106,053 ) (13,435,531 ) (6,175,506 ) W 5,632,536 6,236,650 8,179,756 (b) Significant non-cash 2016 2017 2018 Debt-equity swap W 32,229 32,530 28,759 Transfers from construction-in-progress 15,405 14,285 6,319 Transfers between property / equipment and investment property 10,898 91,782 28,199 Transfers between assets held for sale and property / equipment 411 5,336 80 Transfers between investment property and assets held for sale 2,200 6,306 — (c) Changes in assets and liabilities arising from financing activities for the years ended December 31, 2017 and 2018 are as follows: 2017 Assets Liabilities Derivative Derivative Borrowings Debentures Total Balance at January 1, 2017 W 153,343 10,842 25,294,241 44,326,785 69,785,211 Changes from cash flows (48,499 ) 10,211 3,047,844 7,784,142 10,793,698 Changes from non-cash Amortization of discount on borrowings and debentures — — 1,480 16,126 17,606 Changes in foreign currency exchange rate — — (22,850 ) (635,836 ) (658,686 ) Others (100,878 ) 125,225 (734,105 ) (150,396 ) (860,154 ) Balance at December 31, 2017 W 3,966 146,278 27,586,610 51,340,821 79,077,675 2018 Assets Liabilities Derivative Derivative Borrowings Debentures Total Balance at January 1, 2018 W 3,966 146,278 27,586,610 51,340,821 79,077,675 Changes from cash flows (5,845 ) (12,002 ) 1,772,203 11,798,466 13,552,822 Changes from non-cash Amortization of discount on borrowings and debentures — — 181,050 335,935 516,985 Changes in foreign currency exchange rate — — 955,512 229,277 1,184,789 Others 9,356 (49,697 ) (676,833 ) (476,800 ) (1,193,974 ) Balance at December 31, 2018 W 7,477 84,579 29,818,542 63,227,699 93,138,297

Related parties

Related parties	12 Months Ended
	Dec. 31, 2018
Related parties [Abstract]
Related parties	55. Related parties Intra-group balances, and income and expenses arising from intra-group transactions are eliminated in preparing the consolidated financial statements. (a) Balances with the related parties as of December 31, 2017 and 2018 are as follows: Related party Account 2017 2018 Investments in associates: BNP Paribas Cardif Life Insurance Other assets W 9,868 9,860 ” Credit card loans 191 116 ” Allowances (4 ) — ” Deposits 446 444 ” Provisions 2 — JAEYOUNG SOLUTEC CO., LTD. (*1) Loans 14,847 — ” Allowances (124 ) — ” Credit card loans 33 — ” Deposits 2,659 — ” Provisions 4 — Partners 4th Growth Investment Fund Deposits 2,076 1,855 BNP Paribas Cardif General Insurance Credit card loans 29 29 ” Allowances (1 ) (2 ) ” Deposits 221 157 Shinhan Praxis K-Growth Other assets 174 151 Dream High Fund III Deposits 3 4 Midas Dong-A Deposits 220 159 IBKS-Shinhan Creative Economy New Technology Fund (*1) Deposits 78 — Credian Healthcare Private Equity Fund II Deposits 26 45 KDBC Midas Dong-A Deposits 239 354 IBKS-Shinhan Creative Economy New Technology Fund II Deposits 76 672 Eum Private Equity Fund No.3 Deposits 65 49 Branbuil CO., LTD. (*2) Deposits 55 — SHBNPP Private Korea Equity Long-Short Professional Feeder Other assets 97 133 Shinhan Global Healthcare Fund 1 Unearned revenue 409 360 Shinhan Fintech New Technology Fund No.1 Unearned revenue 123 123 KTB Newlake Global Healthcare PEF Deposits 465 151 ” Provisions 13 — Taihan Industrial System Co., Ltd. Deposits 100 85 Incorporated association Finance Saving Information Center Credit card loans — 3 ” Deposits 4 4 GX Shinhan interest 1 st Unearned revenue — 278 Nomura investment property trust No.19 Loans — 11,966 ” Other assets — 45 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 Other assets — 236 Key management personnel and their immediate relatives: Loans 3,247 3,313 Assets 28,357 25,850 Liabilities W 7,284 4,740 (*1) Excluded from related parties due to the disposal or terminated. (*2) As a result of changes in accounting policies at the beginning of the current year, they were excluded from associates. (b) Transactions with the related parties for the years ended December 31, 2016, 2017 and 2018 are as follows: Related party Account 2016 2017 2018 Investments in associates Aju Capital co., Ltd Interest income W 7,332 — — ” Fees and commission income 257 — — ” Interest expense (2 ) — — ” Fees and commission expense (302 ) — — ” Other operating expenses (18 ) — — ” Provision for credit losses (149 ) — — Pohang TechnoPark2PFV Interest expense (15 ) — — BNP Paribas Cardif Life Insurance Fees and commission income 4,265 4,631 3,716 ” Reversal of credit losses — — 4 ” Provision for credit losses (1 ) (3 ) — ” General and administrative expenses (9 ) (10 ) (17 ) Shinhan Praxis K-Growth Fees and commission income 691 689 685 BNP Paribas Cardif General Insurance Fees and commission income 4 4 9 ” Reversal of credit losses — 1 — ” Provision for credit losses (1 ) — (2 ) Shinhan K2 Secondary Fund Fees and commission income 665 — — Midas Dong-A Fees and commission income 28 38 47 ” Interest expense (4 ) (3 ) (2 ) SHC-EN Fees and commission income 149 — — SP New Technology Business investment Fund I (*1) Fees and commission income 30 41 317 IBKS-Shinhan Creative Economy New Technology Fund I (*1) Fees and commission income 50 37 13 ” Interest expense (1 ) (2 ) — SM New Technology Business Investment Fund I Fees and commission income — 55 55 JAEYOUNG SOLUTEC CO., LTD. (*1) Interest income 671 654 523 ” Fees and commission income 1 1 2 ” Other operating income 7 3 3 ” Reversal of credit losses 89 1 — ” Interest expense (21 ) (4 ) (2 ) ” Provision for credit losses — (55 ) (1 ) Korea Investment Gong-pyeong Office Real Estate Investment Trust 2nd Fees and commission income 55 — — The Asia Pacific Capital Fund II L.P. Fees and commission income 175 85 — Partners 4th Growth Investment Fund Interest expense (2 ) (16 ) (19 ) Albatross Growth Fund Interest expense (6 ) — — Shinhan-Albatross Technology Investment Fees and commission income — 152 216 ” Interest expense — (21 ) — PSA 1st Fintech Private Equity Fund Interest expense (5 ) — — IBKS-Shinhan Creative Economy New Technology Fund 2 Fees and commission income 22 25 16 KDBC Midas Dong-A Interest expense (1 ) — (2 ) SHBNPP Private Korea Equity Long-Short Professional Feeder Fees and commission income 785 892 975 SHBNPP Private Multi Strategy Professional Feeder No.1 Fees and commission income 160 — — Semantic Interest income 15 — — ” Provision for credit losses (1 ) — — Branbuil CO., LTD. (*2) Fees and commission income 1 2 — ” Provision for credit losses (1 ) — — Treenkid Interest income 3 — — STI-New Fees and commission income — 30 16 Shinhan Fintech New Technology Fund No.1 Fees and commission income — 30 153 KTB New lake medical Global Investment Interest income — 10 2 ” Other operating expenses — (13 ) — Shinhan Global health Care Investment No.1 Fees and commission income — 282 785 Taihan Industrial System Co., Ltd. Fees and commission income — 2 1 Shinhan capital-Cape FN Fund No.1 Fees and commission income — — 82 SHC-K2 Fees and commission income — — 20 Synergy-Shinhan Mezzanine New Technology Investment Fund Fees and commission income — — 127 Shinhan-Midas Dong-A Fees and commission income — — 71 GX Shinhan interest 1st Private Equity Fund Fees and commission income — — 412 Shinhan-Nvestor Liquidity Solution Fund Fees and commission income — — 214 SHC ULMUS Fund No.1 Fees and commission income — — 51 Shinhan-PS Fees and commission income — — 12 Nomura investment property trust No.19 Interest income — — 312 ” Provision for credit loss — — (34 ) SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 Fees and commission income — — 236 Key management personnel and their immediate relatives Interest income 68 101 101 W 14,984 7,639 9,097 (*1) Excluded from related parties due to the disposal or terminated. (*2) As a result of changes in accounting policies at the beginning of the current year, they were excluded from associates. (c) Key management personnel compensation Key management personnel compensation for the years ended December 31, 2016, 2017 and 2018 were as follows: 2016 2017 2018 Short-term employee benefits W 16,428 17,112 22,502 Severance benefits 418 979 419 Share-based payment transactions 9,162 6,787 4,944 W 26,008 24,878 27,865 (*) The expenses of share-based payment transactions are the remuneration expenses during the vesting period. (d) The guarantees provided between the related parties as of December 31, 2017 and 2018 were as follows: Amount of guarantees Guarantor Guaranteed Parties 2017 2018 Account Shinhan Bank KTB New lake medical Global Investment W 700 849 Unused credit line BNP Paribas Cardif Life Insurance 10,000 10,000 Unused credit line Neoplux Technology Valuation Investment Fund 6,000 — Security underwriting commitment JAEYOUNG SOLUTEC CO., LTD. (*) 109 — Unused credit ” 429 — Import letter of credit W 17,238 10,849 (*) Excluded from related parties due to the disposal. (e) Details of collaterals provided by the related parties as of December 31, 2017 and December 31, 2018 were as follows: Provided to Provided by Pledged assets 2017 2018 Shinhan Bank BNP Paribas Cardif Life Insurance Government bonds W 11,666 12,000 ” JAEYOUNG SOLUTEC CO., LTD. (*) Properties 20,814 — ” Guarantee insurance policy 7,037 — W 39,517 12,000 (*) Excluded from related parties due to the disposal. (f) Details of significant loan transactions with related parties as of December 31, 2018 are as follows: Classification Company Beginning Loan Recover Other (*) Ending Investments in associates Nomura investment property trust No.19 W — 12,000 — (34 ) 11,966 (*) The effect of changes in allowance for doubtful accounts is included.

Interests in unconsolidated str

Interests in unconsolidated structured entities	12 Months Ended
	Dec. 31, 2018
Disclosure of unconsolidated structured entities [Abstract]
Interests in unconsolidated structured entities	56. Interests in unconsolidated structured entities (a) The nature and extent of interests in unconsolidated structured entities The Group involved in assets-backed securitization, structured financing, beneficiary certificates (primarily investment funds) and other structured entities and characteristics of these structured entities are as follows: Description Assets-backed securitization Securitization vehicles are established to buy assets from originators and issue asset-backed securities in order to facilitate the originators’ funding activities and enhance their financial soundness. The Group is involved in the securitization vehicles by purchasing (or committing to purchase) the asset-backed securities issued and/or providing other forms of credit enhancement. The Group does not consolidate a securitization vehicle if (i) the Group is unable to make or approve decisions as to the modification of the terms and conditions of the securities issued by such vehicle or disposal of such vehicles’ assets, (ii) (even if the Group is so able) if the Group does not have the exclusive or primary power to do so, or (iii) if the Group does not have exposure, or right, to a significant amount of variable returns from such entity due to the purchase (or commitment to purchase) of asset-backed securities so issued or subordinated obligations or by providing other forms of credit support. Structured financing Structured entities for project financing are established to raise funds and invest in a specific project such as M&A (mergers and acquisitions), BTL (build-transfer-lease), shipping finance, etc. The Group is involved in the structured entities by originating loans, investing in equity, or providing credit enhancement. Investment fund Investment fund means an investment trust, a PEF (private equity fund) or a partnership which invests in a group of assets such as stocks or bonds by issuing a type of beneficiary certificates to raise funds from the general public, and distributes its income and capital gains to their investors. The Group manages assets by investing in shares of investment fund or playing a role of an operator or a GP (general partner) of investment fund, on behalf of other investors. The size of unconsolidated structured entities as of December 31, 2017 and 2018 are as follows: 2017 2018 Total assets: Asset-backed securitization W 175,953,075 196,108,655 Structured financing 84,719,599 132,050,391 Investment fund 69,736,443 71,487,406 W 330,409,117 399,646,452 (b) Nature of risks i) The carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities as of December 31, 2017 and 2018 are as follows: 2017 Assets-backed securitization Structured financing Investment fund Total Assets: Loans W 329,776 6,189,042 91,078 6,609,896 Trading assets 3,201,400 958 351,290 3,553,648 Derivative assets 14,218 — — 14,218 Available-for-sale 2,200,974 400,283 3,525,538 6,126,795 Held-to-maturity 3,259,451 — — 3,259,451 Other assets 729 2,576 1,150 4,455 W 9,006,548 6,592,859 3,969,056 19,568,463 Liabilities: Derivative liabilities W 4,448 — — 4,448 Other 557 1,050 9 1,616 W 5,005 1,050 9 6,064 2018 Assets-backed securitization Structured financing Investment fund Total Assets: Loans measured at fair value through profit or loss W 292 504,571 802,825 1,307,688 Loan at amortized cost 478,998 6,925,438 33,500 7,437,936 Securities at fair value through profit or loss 4,263,817 288,757 5,293,807 9,846,381 Derivate assets 16,390 578 — 16,968 Securities at fair value through other comprehensive income 2,244,364 91,316 32,279 2,367,959 Securities at amortized cost 4,277,675 — — 4,277,675 Other assets 5,453 48,457 34,333 88,243 W 11,286,989 7,859,117 6,196,744 25,342,850 Liabilities: Derivative liabilities W 111 — — 111 Other 5,368 4,128 — 9,496 W 5,479 4,128 — 9,607 ii) Exposure to risk relating to its interests in unconsolidated structured entities as of December 31, 2017 and 2018 are as follows: 2017 Assets-backed securitization Structured financing Investment fund Total Assets held W 9,006,548 6,592,859 3,969,056 19,568,463 ABS and ABCP commitments 1,391,035 57,300 452,311 1,900,646 Loan commitments 529,566 719,650 31,987 1,281,203 Guarantees 74,300 15,200 — 89,500 Others 4,200 45,634 — 49,834 W 11,005,649 7,430,643 4,453,354 22,889,646 2018 Assets-backed securitization Structured financing Investment fund Total Assets held W 11,286,989 7,859,117 6,196,744 25,342,850 ABS and ABCP commitments 1,395,417 2,300 602,594 2,000,311 Loan commitments 1,791,650 815,910 26,100 2,633,660 Guarantees 88,810 142,032 — 230,842 Others — 49,464 — 49,464 W 14,562,866 8,868,823 6,825,438 30,257,127

Retroactive adjustments for bus

Retroactive adjustments for business combination	12 Months Ended
	Dec. 31, 2018
Retroactive adjustments for business combination [Abstract]
Retroactive adjustments for business combination	57. Retroactive adjustments for business combination (a) Overview The Group has acquired ANZ Retail Business in Vietnam on December 17, 2017, which was a local entity operating banking business in Vietnam, to strengthen business competitiveness and synergies through the acquisition of related businesses. The Group could not complete the initial accounting for the business acquisition until the end of the reporting period in which the acquisition incurred, since the valuation data of the acquired business has not been obtained, and the goodwill value was recognized at a provisional amount. The Group has finished the business acquisition accounting during 2018, reflecting the valuation results on the acquired net assets, and retrospectively adjusted the provisional value of net assets recognized at the acquisition date. (b) Retroactive adjustment of fair value of assets and liabilities The retroactive adjustment of fair value of assets acquired and liabilities assumed by acquisition of ANZ as of acquisition date is as follows: Amount Adjustments Adjusted Amount Assets: Cash and due from banks W 8,151 — 8,151 Loans (*1) 301,766 (1,352 ) 300,414 Property and equipment 538 — 538 Intangible assets (*2) — 15,256 15,256 Other assets 9,269 — 9,269 319,724 13,904 333,628 Liabilities: Deposits (436,285 ) — (436,285 ) Other liabilities (1,022 ) — (1,022 ) (437,307 ) — (437,307 ) The fair value of the identifiable assets acquired and liabilities assumed W (117,583 ) 13,904 (103,679 ) (*1) Adjustments are mainly due to the loan loss estimation. (*2) The intangible assets mainly comprise the present value of the saved borrowing costs due to the deposits amounting to W W (c) Adjustments of goodwill The retrospective adjustments of goodwill due to the measurement period adjustment for business combination are as follows: Amount Adjustments Adjusted Amount Consideration received (cash) W (75,480 ) — (75,480 ) Fair value of identifiable net assets (117,583 ) 13,904 (103,679 ) Goodwill W 42,103 (13,904 ) 28,199 (d) Adjustments of the prior year end balances. Amount Adjustments Adjusted Amount Intangible assets W 4,271,969 1,352 4,273,321 Deferred tax liabilities 9,712 270 9,982 Retained earnings W 20,790,599 1,082 20,791,681

Acquisition of subsidiary

Acquisition of subsidiary	12 Months Ended
	Dec. 31, 2018
Acquisition of subsidiary [Abstract]
Acquisition of subsidiary	58. Acquisition of subsidiary (a) General information On September 12, 2018, the Group acquires 75% of the shares of PT ARCHIPELAGO ASSET MANAGEMENT in Indonesia and acquired control, and changed its name to PT Shinhan Asset Management Indonesia. The Group acquired a subsidiary in Indonesia to pursue new market penetration through its asset management business. (b) Identifiable net assets The assets and liabilities of PT Shinhan Asset Management Indonesia recognized at the acquisition date are as follows. Classification Amounts Asset Cash and cash equivalent assets W 18 Financial assets measured at FVTPL 3,012 PP&E 20 Deferred tax assets 20 Other assets 17 Total 3,087 Liabilities Income tax payable 7 Other liabilities 75 Total 82 Identifiable net assets at fair value W 3,005 (c) Goodwill Goodwill recognized as a result of business combination is as follows. Classification Amounts Previous transfer price W 4,476 Identifiable net assets at fair value (3,005 ) Non-controlling 787 Goodwill W 2,258 (d) In connection with the business combination, the Group incurred a charge of KRW 192 million, including legal fees and due diligence fees, which were recognized as commissions in the consolidated statement of comprehensive income.

Events after reporting period

Events after reporting period	12 Months Ended
	Dec. 31, 2018
Events after reporting period [Abstract]
Events after reporting period	59. Events after reporting period (a) Subsidiary investments i) Orange Life Insurance Co. Ltd The Group has entered into a share purchase agreement to acquire a 59.15% stake in Orange Life Insurance Co., Ltd. on January 16, 2019. The Financial Services Commission approved the transfer of the subsidiary, and the acquisition process was completed on February 1, 2019, after the reporting period. ii) Asia Trust Co. Ltd The Group has entered into a contract to acquire a stake in Asia Trust Co., Ltd. during the current period. Based on the approval of the supervisory authority, the Group will acquire 60% of its total shares for 193.4 billion won. (FN 53) iii) Prudential Finance Co. Ltd On January 23, 2018, the Group entered into a contract to acquire a 100% stake in Prudential Vietnam Finance Company Limited, a local consumer finance company in Vietnam, for US $ 151 million. On January 17, 2019, and was approved by the local FSS. (b) Rights offering The Board of Directors approved the issuance of convertible preferred stock of KRW 750 billion at the meeting held on February 1, 2019. Investors may request a conversion from one year after the issuance date before four years after the date, and the convertible preferred stock that has not been converted until four years after the date will automatically be converted to common shares.

Transition effects arising from

Transition effects arising from changes in accounting policies	12 Months Ended
	Dec. 31, 2018
Transition effects arising from changes in accounting policies [Abstract]
Transition effects arising from changes in accounting policies	60. Transition effects arising from changes in accounting policies The Group has changed its accounting policies as applying IFRS 9, Financial Instruments Revenue from Contracts with Customers IFRS 9 replaces IAS 39, Financial Instruments: Recognition and Measurement Financial Instruments: Disclosures (i) Changes in equity due to application of IFRS 9 and 15 Changes in equity as of January 1, 2018 due to the initial application date of IFRS 9 and 15 are as follows: Amounts Retained earnings at January 1, 2018 before changes W 20,791,681 Adjustments of retained earnings due to the application of IFRS 9 : Reclassification from financial assets at amortized cost to financial assets measured at fair value through profit or loss (74,061 ) Reclassification from available-for-sale 178,518 Reclassification from available-for-sale 204,457 Increase in loss allowance for financial assets measured at amortized cost (573,088 ) Increase in loss allowance for loan commitments and financial guarantee contracts (55,274 ) Increase in loss allowance for debt instruments measured at fair value through other comprehensive income (18,976 ) Effect of overlay approach application 34,102 Others (*2) (40,063 ) (344,385 ) Adjustments of retained earnings due to the application of IFRS 15 (*3) (2,896 ) Tax effects (*4) 95,426 Retained earnings at January 1, 2018 after changes W 20,539,826 (*1) With the application of IFRS 9, the effect of retained earnings of the recognized impairment from equity securities has reclassified to other comprehensive income. (*2) Include translation of foreign currencies, etc. (*3) The Group has divided the trust fees into trust sales fees and trust managing fees and recognition of trust managing fees are deferred. (*4) Tax effects due to the application of IFRS 9 are separately shown. Amounts Accumulated other comprehensive loss at January 1, 2018 before changes W (529,734 ) Adjustments of accumulated other comprehensive income due to the application of IFRS 9: Reclassification from available-for-sale (178,518 ) Reclassification from available-for-sale (204,457 ) Increase in loss allowance for debt instruments measured at fair value through other comprehensive income 18,976 Effect of overlay approach application (34,102 ) Others (*2) 11,039 (387,062 ) Tax effects (*3) 110,051 Accumulated other comprehensive loss at January 1, 2018 after changes W (806,745 ) (*1) The effect on retained earnings arising from the recognition of impairment losses related to equity securities in the prior periods was transferred to other comprehensive income upon the application of IFRS 9. (*2) Other adjustments include foreign currency translation and changes in non-controlling (*3) Tax effects due to the application of IFRS 9 are separately shown. (ii) Reclassification of financial instruments upon adoption of IFRS 9 Details of reclassification of financial instruments as of January 1, 2018, the initial application date of IFRS 9, are as follows: IAS 39 IFRS 9 (*2) Carrying value Carrying Difference Financial assets: Due from banks Loans and receivables Financial assets measured at FVTPL (*2) W 902,124 833,942 (68,182 ) Loans and receivables Amortized cost 19,988,001 19,988,001 — Loan receivables Loans and receivables Financial assets measured at FVTPL (*2) 750,342 778,985 28,643 Loans and receivables Amortized cost 277,126,029 277,126,029 — Other financial assets Loans and receivables Amortized cost 12,090,983 12,090,983 — Trading assets Financial assets Financial assets 23,640,646 23,640,646 — Trading assets Financial assets Financial assets 4,634,353 4,634,353 — Trading assets (deposit in gold and silver) Financial assets Financial assets 189,297 189,297 — Financial assets designated as at FVTPL (debt securities) Financial assets Financial assets 2,030,522 2,030,522 — Financial assets at FVTPL Financial assets 80,288 80,288 — Financial assets designated as at FVTPL (equity securities) Financial assets Financial assets 1,162,553 1,162,553 — Financial assets Financial assets 71,803 71,803 — Financial assets designated as at FVTPL (other securities – compound financial instruments) Financial assets Financial assets 233,892 233,892 — Derivatives Financial assets Financial assets 3,400,178 3,348,803 (51,375 ) AFS financial assets AFS financial assets Financial assets 528,745 533,452 4,707 AFS financial assets Financial assets 36,657,807 36,657,807 — AFS financial assets (equity securities) AFS financial assets Financial assets 4,339,979 4,350,969 10,990 AFS financial assets Financial assets 590,405 590,405 — HTM financial assets (debt securities) HTM financial assets Financial assets 565,813 529,906 (35,907 ) HTM financial assets Amortized cost 24,424,867 24,424,867 — W 413,408,627 413,297,503 (111,124 ) Financial liabilities: Deposits Financial liability measured at amortized cost Financial liabilities W 249,419,224 249,419,224 — Trading liabilities Financial liabilities at FVTPL Financial liabilities 1,848,490 1,848,490 — Financial liabilities designated as at FVTPL Financial liabilities at FVTPL Financial liabilities 8,260,636 8,260,636 — Financial liabilities at FVTPL Financial liabilities 36,973 36,973 — Derivatives Financial liabilities at FVTPL Financial liabilities 3,487,661 3,483,642 (4,019 ) Borrowings Financial liabilities measured at amortized cost Financial liabilities 27,586,610 27,586,313 (297 ) Debt securities issued Financial liabilities measured at amortized cost Financial liabilities 51,340,821 51,340,821 — Others Financial liabilities measured at amortized cost Financial liabilities 20,124,451 20,124,432 (19 ) W 362,104,866 362,100,531 (4,335 ) (*1) Gross carrying amounts that are before netting allowance for loan losses or credit loss allowance. (*2) Under IFRS 9, these financial instruments were categorized as financial assets or liabilities – FVTPL, as 1) the instruments are not held within a business model whose objective is achieved by both collecting contractual ca flows and selling them, or 2) the contractual terms of them does not give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. (*3) For hybrid contracts including embedded derivatives, the host contract and the derivatives are separated in accordance with IFRS 9. (iii) Impairment of financial assets upon adoption of IFRS 9 Changes of credit loss allowance as of January 1, 2018, the initial application date of IFRS 9, are as follows: Classification Classification Loss allowance Loss allowance Loans and receivables Due from banks Financial assets at amortized cost W 14,054 15,062 Loan receivables Financial assets at amortized cost 2,307,275 2,871,986 Financial assets measured at FVTPL 3,329 — Other financial assets Financial assets at amortized cost 49,679 51,818 AFS financial assets Debt securities Financial assets measured at FVOCI — 18,976 HTM financial assets Debt securities Financial assets at amortized cost — 8,559 W 2,374,337 2,966,401 Financial guarantee Financial guarantee W 36,506 37,289 Unused credit line and other credit commitment Unused credit line and other credit commitment 168,006 222,498 W 204,512 259,787 (iv) The reclassification applying business model For the financial assets as of January 1, 2018, the date of the initial application of IFRS 9, the management of the Group has assessed business model of those, and classified those applying the IFRS. The effect of reclassification is as follows: 1) Gross carrying amounts Carrying value Amount Amount Carrying value Changes in Changes in Financial assets: Due from banks Carrying value under IAS 39 as of January 1, 2018 W 20,890,125 — — 20,890,125 — — Reclassification to financial assets measured at FVTPL — (902,124 ) — (902,124 ) — — 20,890,125 (902,124 ) — 19,988,001 — — Loans Carrying value under IAS 39 as of January 1, 2018 277,876,371 — — 277,876,371 — — Reclassification to financial assets measured at FVTPL — (750,342 ) — (750,342 ) — — 277,876,371 (750,342 ) — 277,126,029 — — Other financial assets Carrying value under IAS 39 as of January 1, 2018 12,090,983 — — 12,090,983 — — Trading assets (debt instruments) (*1) Carrying value under IAS 39 as of January 1, 2018 23,640,646 — — 23,640,646 — — Reclassification to financial assets measured at FVTPL — (23,640,646 ) — (23,640,646 ) — — 23,640,646 (23,640,646 ) — — — — Trading assets (equity instruments) Carrying value under IAS 39 as of January 1, 2018 4,634,353 — — 4,634,353 — — Reclassification to financial assets measured at FVTPL — (4,634,353 ) — (4,634,353 ) — — 4,634,353 (4,634,353 ) — — — — Trading assets (gold deposit) (*1) Carrying value under IAS 39 as of January 1, 2018 189,297 — — 189,297 — — Reclassification to financial assets measured at FVTPL — (189,297 ) — (189,297 ) — — 189,297 (189,297 ) — — — — Derivatives (*1) Carrying value under IAS 39 as of January 1, 2018 3,400,178 — — 3,400,178 — — Reclassification to financial assets measured at FVTPL — (51,375 ) — (51,375 ) — — 3,400,178 (51,375 ) — 3,348,803 — — Financial assets designated at FVTPL (*1) Carrying value under IAS 39 as of January 1, 2018 3,579,057 — — 3,579,057 — — Reclassification to financial assets measured at FVTPL — (3,426,966 ) — (3,426,966 ) — — Reclassification to financial assets designated at FVTPL — (152,091 ) — (152,091 ) — — W 3,579,057 (3,579,057 ) — — — — Carrying value Amount Amount Carrying value Changes in Changes in other AFS (debt securities) Carrying value under IAS 39 as of January 1, 2018 W 37,186,552 — — 37,186,552 — — Reclassification to financial assets measured at FVTPL — (528,745 ) — (528,745 ) — — Reclassification to financial assets measured at FVOCI — (36,657,807 ) — (36,657,807 ) — — 37,186,552 (37,186,552 ) — — — — AFS (equity securities) Carrying value under IAS 39 as of January 1, 2018 4,930,385 — — 4,930,385 — — Reclassification to financial assets measured at FVTPL — (4,339,979 ) — (4,339,979 ) — — Reclassification to financial assets measured at FVOCI — (590,405 ) — (590,405 ) — — 4,930,385 (4,930,385 ) — — — — HTM (debt securities) Carrying value under IAS 39 as of January 1, 2018 24,990,680 — — 24,990,680 — — Reclassification to financial assets measured at FVTPL — (565,813 ) — (565,813 ) — — Reclassification to financial assets measured at amortized cost — (24,424,867 ) — (24,424,867 ) — — 24,990,680 (24,990,680 ) — — — — Financial assets as measured at FVTPL Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from due from banks — 902,124 (68,182 ) 833,942 — (68,182 ) Transfer from loans and other receivables — 750,342 30,027 780,369 30,027 — Transfer from trading assets — 28,464,296 — 28,464,296 — — Transfer from financial assets designated at FVTPL — 3,426,967 — 3,426,967 — — Transfer from AFS — 4,868,724 7,708 4,876,432 108,532 (108,532 ) Transfer from HTM — 565,813 (35,907 ) 529,906 — (35,907 ) Transfer from derivative assets — 51,375 (42,195 ) 9,180 — — — — (2,575 ) (2,575 ) — — — 39,029,641 (111,124 ) 38,918,517 138,559 (212,620 ) Financial assets designated at FVTPL(IFRS 9) Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from financial assets designated at FVTPL(IAS 39) — 152,091 — 152,091 — — — 152,091 — 152,091 — — Financial assets measured at FVOCI (*2) Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from AFS — 37,248,212 — 37,248,212 204,457 (204,457 ) — 37,248,212 — 37,248,212 204,457 (204,457 ) Financial assets measured at amortized cost (*2) Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from HTM — 24,424,867 — 24,424,867 — — — 24,424,867 — 24,424,867 — — W 413,408,627 — (111,124 ) 413,297,503 343,016 (417,077 ) Financial liabilities : Carrying value Amount Amount Carrying value Changes in Changes in other Deposits Carrying value under IAS 39 as of January 1, 2018 W 249,419,224 — — 249,419,224 — — 249,419,224 — — 249,419,224 — — Trading liabilities (*1) Carrying value under IAS 39 as of January 1, 2018 1,848,490 — — 1,848,490 — — Reclassification to financial liabilities measured at FVTPL — (1,848,490 ) — (1,848,490 ) — — 1,848,490 (1,848,490 ) — — — — Financial liabilities designated at FVTPL Carrying value under IAS 39 as of January 1, 2018 8,297,609 — — 8,297,609 — — Reclassification to financial liabilities designated at FVTPL — (8,260,636 ) — (8,260,636 ) — — Reclassification to financial liabilities measured at FVTPL — (36,973 ) — (36,973 ) — — 8,297,609 (8,297,609 ) — — — — Financial liabilities measured at FVTPL Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from trading liabilities — 1,848,490 — 1,848,490 — — Transfer from financial liabilities designated at FVTPL — 36,973 — 36,973 — — — 1,885,463 — 1,885,463 — — Financial liabilities designated at FVTPL Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from financial liabilities designated at FVTPL — 8,260,636 — 8,260,636 — — — 8,260,636 — 8,260,636 — — Derivative liabilities Carrying value under IAS 39 as of January 1, 2018 3,487,661 — — 3,487,661 — — Other — — (4,019 ) (4,019 ) — — 3,487,661 — (4,019 ) 3,483,642 — — Borrowings Carrying value under IAS 39 as of January 1, 2018 27,586,610 — — 27,586,610 — — Other — — (297 ) (297 ) — — 27,586,610 — (297 ) 27,586,313 — — Debt securities issued Carrying value under IAS 39 as of January 1, 2018 51,340,821 — — 51,340,821 — — Other financial liabilities Carrying value under IAS 39 as of January 1, 2018 20,124,451 — — 20,124,451 — — Other — — (19 ) (19 ) — — 20,124,451 — (19 ) 20,124,432 — — W 362,104,866 — (4,335 ) 362,100,531 — — (*1) With respect to financial assets and financial liabilities reclassified from the category of fair value through profit or loss, effective interest rates calculated on the initial application date of IFRS 9 and interest income or expense recognized shall be disclosed. Such reclassification has not occurred as a result of the IFRS 9 adoption. (*2) With respect to financial assets and financial liabilities reclassified to financial instruments measured at amortized cost, and financial assets measured at fair value through profit or loss reclassified to the category of fair value through other comprehensive income, the gain or loss on fair value measurement that would otherwise have been recognized in profit or loss or other comprehensive income in the reporting period, and the fair value of the financial assets or financial liabilities, shall be disclosed. Such reclassification has not occurred as a result of the IFRS 9 adoption. 2) Credit loss allowance Carrying value Amount Amount Carrying value Changes in Changes in Credit loss allowance for Due from banks W 14,054 — 1,008 15,062 (1,008 ) — Loans 2,310,604 (3,328 ) 564,710 2,871,986 (561,382 ) — Financial asset measured at FVOCI (Debt securities) — — 18,976 18,976 (18,976 ) 18,976 Financial asset measured at amortized cost (Debt securities) — — 8,559 8,559 (8,559 ) — Other assets 49,679 — 2,139 51,818 (2,139 ) — Financial guarantee 36,506 — 783 37,289 (783 ) — Unused credit line and other credit commitment 168,006 — 54,492 222,498 (54,492 ) — W 2,578,849 (3,328 ) 650,667 3,226,188 (647,339 ) 18,976 (v) Hedge accounting IFRS 9 maintains the mechanics of hedge accounting (i.e. fair value hedge, cash flow hedge, hedge of a net investment in a foreign operation) as defined in IAS 39, whereas a principle-based hedge accounting requirements that focuses on an entity’s risk replaced complex and rule-based hedge accounting requirements in IAS 39. Additionally, qualifying hedged items and qualifying hedging instruments have been expanded and hedge accounting requirements have been eased by eliminating a subsequent hedge effectiveness assessment and a quantitative test (80~125%). Hedge accounting can be applied to certain transactions that fail to qualify for hedge accounting requirements under IAS 39 when applying IFRS 9, and thus alleviates profit or loss volatility. (vi) Financial impact with IFRS 15 As of December 31, 2018, the effect of applying IFRS 15 is as follows in the statement of comprehensive income of the Group as of December 31, 2018 (excluding trust fees reflected by the conversion effect). The effect on the terminated cash flow statement is not significant. The effect on the consolidated statement of financial position as of December 31, 2018 is as follows. Disclosed Adjustments Amount before Liabilities: Provisions: Credit card W — (24,700 ) 24,700 Other liabilities: Accounts payable 9,748,168 (41,758 ) 9,789,926 Unearned revenues 236,827 (209,241 ) 446,068 Others 2,496,169 275,698 2,220,471 The effect on the consolidated statement of comprehensive income is as follows. Disclosed Adjustments Amount before Net fee and commission income:(*1)(*2) Fee and commission income: Credit card W 1,360,322 (1,135,515 ) 2,495,837 Fee and commission incomes Credit card payment (944,533 ) 1,135,515 (2,080,048 ) (*1) Before adopting IFRS 15, the Group defers and recognizes the amount allocated to the credit card points as unearned revenue and revenue is recognized only when the points are redeemed and the Group has fulfilled its obligation to provide the benefits. In addition, a provision for onerous contracts is recognized when the expected benefits to be derived by the Group from customer loyalty program are lower than the unavoidable cost of meeting its obligations under the programmes. However under IFRS 15, the amount allocated to the credit card points is regarded as consideration payable to the customers and recognized as a reduction of fee and commission income, estimated as fair value of the monetary benefits taking into account the expected redemption rate. (*2) The Group has changed the recognition of card holder service fee paid to a customer recognized as fee and commission expense before adopting IFRS 15, to reduction of fee and commission income under IFRS 15.

Condensed Shinhan Financial Gro

Condensed Shinhan Financial Group (Parent Company only) Financial Statements	12 Months Ended
	Dec. 31, 2018
Condensed financial information of parent company only disclosure [Abstract]
Condensed Shinhan Financial Group (Parent Company only) Financial Statements	61. Condensed Shinhan Financial Group (Parent Company only) Financial Statements STATEMENTS OF FINANCIAL POSITION 2017 2018 Assets Deposits Banking subsidiaries W 3 24 Other 48,572 Receivables from subsidiaries: Non-banking 1,234,527 1,644,666 Investment (at equity) in subsidiaries: Banking subsidiaries 13,752,799 13,792,072 Non-banking 11,980,360 11,983,360 Trading asset 255,086 — Financial assets at FVTPL 1,927,150 Property, equipment and intangible assets, net 7,180 7,983 Other assets Banking subsidiaries 224,688 311,052 Non-banking 179,258 162,695 Other 5,882 236,658 Total assets W 27,639,783 30,114,232 Liabilities and equity Borrowings W 5,000 125,000 Debt securities issued 7,003,622 7,812,358 Accrued expenses & other liabilities 439,083 526,806 Total liabilities 7,447,705 8,464,164 Equity 20,192,078 21,650,068 Total liabilities and equity W 27,639,783 30,114,232 CONDENSED STATEMENTS OF INCOME 2016 2017 2018 Income Dividends from banking subsidiaries W 651,524 481,524 541,524 Dividends from non-banking 994,615 448,588 866,150 Interest income from banking subsidiaries 2,187 228 268 Interest income from non-banking 35,005 27,111 31,224 Other income 57,011 51,953 74,215 Total income 1,740,342 1,009,404 1,513,381 Expenses Interest expense (197,519 ) (179,330 ) (187,882 ) Other expense (72,157 ) (74,733 ) (89,145 ) Total expenses (269,676 ) (254,063 ) (277,027 ) Profit before income tax expense 1,470,666 755,341 1,236,354 Income tax expense (benefit) 416 614 1,471 Profit for the year W 1,470,250 754,727 1,234,883 CONDENSED STATEMENTS OF CASH FLOWS 2016 2017 2018 Cash flows from operating activities Profit before income taxes W 1,470,666 755,341 1,236,354 Non-cash (1,480,864 ) (774,385 ) (1,251,379 ) Changes in operating assets and liabilities 320,716 (66,339 ) (1,671,189 ) Net interest paid (158,620 ) (149,642 ) (153,926 ) Dividend received from subsidiaries 1,646,139 930,112 1,407,674 Income tax refunds — 100 — Net cash provided by operating activities 1,798,037 695,187 (432,466 ) Cash flows from investing activities Loan collection (origination) to non-banking 300,000 (300,000 ) (412,630 ) Acquisition of subsidiary (500,000 ) (30,000 ) (42,273 ) Other, net (1,308 ) (715 ) (231,281 ) Net cash provided by (used in) investing activities (201,308 ) (330,715 ) (686,184 ) Cash flows from financing activities Issuance of hybrid bonds — 224,466 1,107,838 Redemption of hybrid bonds (240,000 ) (300,000 ) — Redemption of preferred stock (1,125,906 ) — — Net changes in borrowings — — 120,000 Issuance of debt securities issued 1,597,413 1,497,588 2,396,138 Repayments of debt securities issued (1,660,000 ) (1,080,000 ) (1,590,000 ) Dividend paid (669,103 ) (706,565 ) (714,705 ) Acquisition of treasury stock — — (151,993 ) Net cash used in financing activities (2,097,596 ) (364,511 ) 1,167,278 Net increase (decrease) in cash and cash equivalents (500,867 ) (39 ) 48,628 Cash and cash equivalents at beginning of year 500,906 39 — Cash and cash equivalents at end of year W 39 — 48,628

Basis of preparation (Policies)

Basis of preparation (Policies)	12 Months Ended
	Dec. 31, 2018
Disclosure of basis of preparation [Abstract]
Basis of preparation	2. Basis of preparation (a) Statement of compliance The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS are the standards and related interpretations issued by the International Accounting Standards Board (“IASB”). The consolidated financial statements were authorized for issue by the Board of Directors on February 12, 2019, which will be submitted for approval to the stockholder’s meeting to be held on March 27, 2019. (b) Basis of measurement The consolidated financial statements have been prepared on the historical cost basis, except for the following material items in the statement of financial position: • derivative financial instruments are measured at fair value • financial instruments at fair value through profit or loss are measured at fair value • available-for-sale • other comprehensive income at fair values are measured at fair value • financial instruments through profit or loss are measured at fair value • liabilities for cash-settled share-based payment arrangements are measured at fair value • financial liabilities designated as hedged items in a fair value hedge accounting of which changes in fair value attributable to the hedged risk are recognized in profit or loss • liabilities for defined benefit plans that are recognized at the net of the total present value of defined benefit obligations less the fair value of plan assets (c) Functional and presentation currency These consolidated financial statements are presented in Korean won, which is the Controlling Company’s functional currency and the currency of the primary economic environment in which the Group operates. (d) Use of estimates and judgements The preparation of the consolidated financial statements in conformity with IFRS requires management to Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods affected. Information about critical judgements in applying accounting policies that have a significant effect on the amounts recognized in the consolidated financial statements and information about assumptions and estimation uncertainties that have a significant risk of resulting in a material adjustment within the next financial year are described in Note 5. Management’s assessment of the application of the Group’s accounting policies and their estimates used in the consolidated financial statements is based on the same accounting policies and assumptions used in the consolidated financial statements for the year ended December 31, 2017. • Credit loss allowance The Group recognizes credit loss allowance for expected credit losses on debt instruments, loans and receivables that are measured at amortized cost, loan commitments and financial guarantee contracts in accordance with IFRS 9 ‘ Financial Instruments. (e) Change in accounting policy The Group has adopted the same accounting policies for the year ended December 31, 2018, except for the application of the first amendment standard, effective from January 1, 2018, as explained below. i) IFRS 15, ‘Revenue from Contracts with Customers’ Effective January 1, 2018 the Group has applied IFRS 15, ‘ Revenue from Contracts with Customers’ Revenue’ Construction Contracts’ SIC-31, Revenue-Barter Transactions Involving Advertising Services’ ‘Customer Loyalty Programmes’ ‘Agreement for the Construction of Real Estate’ Transfers of Assets from Customers IAS 18 and other standards outlined revenue recognition for different types of transactions such as sales of goods and services, interest income, loyalty programs, dividend income and construction contracts; however, according to IFRS 15, all types of contracts recognize revenue through five-step revenue recognition model (① ‘Identifying the contract’ g g g g Effects on equity as a result of initial application of IFRS 15 are included in Note 60. ii) IFRS 2, ‘Share-based Payment’ The Standard has been amended to clarify that measurement of cash-settled share-based payment transactions shall reflect both vesting conditions and non-vesting iii) IAS 40, ‘Investment property’ Effective January 1, 2018 and after, the Group has adopted the amendments to IAS 40 Investment Property. The amendment clarifies that it meets the definition of an investment property and, if there is evidence of change in use, it is possible to substitute an investment property. We have also clarified that real estate under construction is included in the scope. The effect of the amendment on the consolidated financial statements is not significant. iv) IFRS 9, ‘Financial Instruments’ The Group has applied IFRS 9 ‘ Financial Instruments Financial Instruments: Recognition and Measurement The main characteristics of IFRS 9 are: classification and measurement of financial instruments based on characteristics of contractual cash flows and business model, impairment model based on expected credit losses, the expansion of the types of qualifying hedging instruments and hedged items, and changes in hedge effectiveness tests, etc. In principle, IFRS 9 should be applied retrospectively. However, there are exemptions for restating the comparative information with respect to classification, measurement of financial instruments, and impairment. In addition, for hedge accounting, the new standard will be applied prospectively except for certain cases such as accounting for the time value of options. As permitted by the transition requirements of IFRS 9, comparative periods have not been restated. The effects of the first application of IFRS 9 on equity items, the reconciliation of the carrying amount of financial assets and financial liabilities, and the adjustment of loss provisions under IAS 39 are included in note 60.

Significant accounting polici_2

Significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2018
Disclosure of significant accounting policies [Abstract]
Operating segments	(a) Operating segments An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components, whose operating results are reviewed regularly by the chief operating decision maker to make decisions about resources allocated to each segment and assess its performance, and for which discrete financial information is available. The segment reporting to a chief executive officer includes items directly attributable to a segment as well as those that can be allocated on a reasonable basis. Unallocated items comprise mainly general expenses and income tax assets and liabilities. The Group considers the Chief Executive Officer (“CEO”) of the Bank as the chief operating decision maker. It is CEO’s responsible for evaluating the resources to be distributed to the business and the performance of the business, and makes strategic decisions.
Basis of consolidation	(b) Basis of consolidation i) Subsidiaries Subsidiaries are investees controlled by the Group. The Group controls an investee when it is exposed to, or has rights to, variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. If a member of the Group uses accounting policies other than those adopted in the consolidated financial statements for the same transactions and events in similar circumstances, appropriate adjustments are made to its financial statements in preparing the consolidated financial statements. ii) Structured entity The Group establishes or invests in various structured entities. A structured entity is an entity designed so that its activities are not governed by way of voting rights. When assessing control of a structured entity, the Group considers factors such as the purpose and the design of the investee; its practical ability to direct the relevant activities of the investee; the nature of its relationship with the investee; and the size of its exposure to the variability of returns of the investee. The Group does not recognize any non-controlling non-controlling iii) Intra-group transactions eliminated on consolidation Intra-group balances, transactions, and any unrealized income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Intra-group losses are recognized as expense if intra-group losses indicate an impairment that requires recognition in the consolidated financial statements. iv) Non-controlling Non-controlling non-controlling non-controlling
Business combinations	(c) Business combinations i) Business combinations A business combination is accounted for by applying the acquisition method, unless it is a combination involving entities or businesses under common control. Each identifiable asset and liability is measured at its acquisition-date fair value except for below: • Leases and insurance contracts are required to be classified on the basis of the contractual terms and other factors • Only those contingent liabilities assumed in a business combination that are a present obligation and can be measured reliably are recognized • Deferred tax assets or liabilities are recognized and measured in accordance with IAS 12, ‘Income Taxes’ • Employee benefit arrangements are recognized and measured in accordance with IAS 19, ‘Employee Benefits’ • Indemnification assets are recognized and measured on the same basis as the indemnified liability or asset • Reacquired rights are measured in accordance with special provisions • Liabilities or equity instruments related to share-based payment transactions are measured in accordance with the method in IFRS 2, ‘Share-based Payment’ • Non-current ‘Non-current As of the acquisition date, non-controlling non-controlling The consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition-date fair values of the assets transferred by the acquirer, the liabilities incurred by the acquirer to former owners of the acquirer and the equity interests issued by the acquirer. However, any portion of the acquirer’s share-based payment awards exchanged for awards held by the acquirer’s employee that is included in consideration transferred in the business combination shall be measured in accordance with the method described above rather than at fair value. Acquisition-related costs are costs the acquirer incurs to effect a business combination. Those costs include finder’s fees; advisory, legal, accounting, valuation and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and costs of registering and issuing debt and equity securities. Acquisition-related costs, other than those associated with the issue of debt or equity securities, which are recognized in accordance with IAS 32 and IFRS 9, are expensed in the periods in which the costs are incurred and the services are received. ii) Goodwill The Group measures goodwill at the acquisition date as: • the fair value of the consideration transferred; plus • the recognized amount of any non-controlling • if the business combination is achieved in stages, the fair value of the pre-existing • the net recognized amount (generally fair value) of the identifiable assets acquired and liabilities assumed. When the excess is negative, a bargain purchase gain is recognized immediately in profit or loss. When the Group additionally acquires non-controlling
Investments in associates	(d) Investments in associates An associate is an entity in which the Group has significant influence, but not control, over the entity’s financial and operating policies. Significant influence is presumed to exist when the Group holds between 20 and 50 percent of the voting power of another entity. A joint venture is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. The investment in an associate and a joint venture is initially recognized at cost, and the carrying amount is increased or decreased to recognize the Group’s share of the profit or loss and changes in equity of the associate and the joint venture after the date of acquisition. Intra-group balances and transactions, and any unrealized income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. Intra-group losses are recognized as expense if intra-group losses indicate an impairment that requires recognition in the consolidated financial statements. If an associate or a joint venture uses accounting policies different from those of the Group for like transactions and events in similar circumstances, appropriate adjustments are made to its financial statements in applying the equity method. When the Group’s share of losses exceeds its interest in an equity accounted investee, the carrying amount of that interest, including any long-term investments, is reduced to nil and the recognition of further losses is discontinued except to the extent that the Group has an obligation or has to make payments on behalf of the investee for further losses.
Cash and cash equivalents	(e) Cash and cash equivalents Cash and cash equivalents comprise cash balances and call deposits with original maturities of three months or less from the acquisition date that are subject to an insignificant risk of changes in their fair value, and are used by the Group in the management of its short-term commitments. Equity instruments are excluded from cash equivalents unless they are, in substance, cash equivalents, for example in the case of preferred shares acquired within a short period of their maturity and with a specified redemption date. However, the Group’s account overdraft is included in borrowings.
Non-derivative financial assets - policy applicable from January 1, 2018	(f) Non-derivative Financial assets are recognized when the Group becomes a party to the contractual provisions of the instrument. In addition, a regular way purchase or sale (a purchase or sale of a financial asset under a contract whose terms require delivery of the asset within the time frame established generally by regulation or convention in the market concerned) is recognized on the trade date. A financial asset is measured initially at its fair value plus, for an item not at Fair Value Through Profit or Loss (“FVTPL”), transaction costs that are directly attributable to its acquisition of the financial asset. Transaction costs on the financial assets at FVTPL that are directly attributable to the acquisition are recognized in profit or loss as incurred. i) Financial assets designated at FVTPL Financial assets can be irrevocably designated as measured at FVTPL despite of classification standards stated below, if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise from measuring assets or liabilities or recognizing the gains or losses on them on different bases. ii) Equity instruments For the equity instruments that are not held for trading, at initial recognition, the Group may make an irrevocable election to present subsequent changes in fair value in other comprehensive income. Equity instruments that are not classified as financial assets at Fair Value through Other Comprehensive Income (“FVOCI”) are classified as financial assets at FVTPL. The Group subsequently measures all equity investments at fair value. Valuation gains or losses of the equity instruments that are classified as financial assets at FVOCI previously recognized as other comprehensive income is not reclassified as profit or loss on derecognition. The Group recognizes dividends in profit or loss when the Group’s right to receive payments of the dividend is established. Valuation gains or losses due to changes in fair value of the financial assets at FVTPL are recognized as gains or losses on financial assets at FVTPL. Impairment loss (reversal) on equity instruments at FVOCI is not recognized separately. iii) Debt instruments Subsequent measurement of debt instruments depends on the Group’s business model in which the asset is managed and the contractual cash flow characteristics of the asset. Debt instruments are classified as financial assets at amortized cost, at FVOCI, or at FVTPL. Debt instruments are reclassified only when the Group’s business model changes. a) Financial assets at amortized cost Assets that are held within a business model whose objective is to hold assets to collect contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortized cost. Impairment losses, and gains or losses on derecognition of the financial assets at amortized cost are recognized in profit or loss. Interest income on the effective interest method is included in the ‘Interest income’ in the consolidated statement of comprehensive income. b) Financial assets at FVOCI Assets that are held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, where the assets’ cash flows represent solely payments of principal and interest, are measured at FVOCI. Other than impairment losses, interest income amortized using effective interest method and foreign exchange differences, gains or losses of the financial assets at FVOCI are recognized as other comprehensive income in equity. On derecognition, gains or losses accumulated in other comprehensive income are reclassified to profit or loss. The interest income on the effective interest method is included in the ‘Interest income’ in the consolidated statement of comprehensive income. Foreign exchange differences and impairment losses are included in the ‘Net foreign currency transaction gain’ and ‘Provision for credit loss allowance’ in the consolidated statement of comprehensive income, respectively. c) Financial assets at FVTPL Debt securities other than financial assets at amortized costs or FVOCI are classified at FVTPL. Unless hedge accounting is applied, gains or losses from financial assets at FVTPL are recognized as profit or loss and are included in ‘Net gain on financial assets at fair value through profit or loss’ in the consolidated statement of comprehensive income. iv) Embedded derivatives Financial assets with embedded derivatives are classified regarding the entire hybrid contract, and the embedded derivatives are not separately recognized. The entire hybrid contract is considered when it is determined whether the contractual cash flows represent solely payments of principal and interest. v) Derecognition of financial assets The Group derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. Any interest in transferred financial assets that is created or retained by the Group is recognized as a separate asset or liability. If the Group retains substantially all the risks and rewards of ownership of the transferred financial assets, the Group continues to recognize the transferred financial assets and recognizes financial liabilities for the consideration received. vi) Offsetting Financial assets and financial liabilities are offset and the net amount is presented in the consolidated statement of financial position only when the Group currently has a legally enforceable right to set off the recognized amounts, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously.
Non-derivative financial assets - policy applicable before January 1, 2018	(g) Non-derivative The Group recognizes and measures non-derivative held-to-maturity available-for-sale Upon initial recognition, non-derivative i) Financial assets at fair value through profit or loss A financial asset is classified as at fair value through profit or loss if it is held for trading or is designated at fair value through profit or loss. Upon initial recognition, transaction costs are recognized in profit or loss when incurred. Financial assets at fair value through profit or loss are measured at fair value, and changes therein are recognized in profit or loss. A financial asset other than a financial asset held for trading may be designated as at FVTPL upon initial recognition if: • such designation eliminates or significantly reduces a recognition or measurement inconsistency that would otherwise arise; or • the financial asset forms part of a group of financial assets or financial liabilities or both, which is managed and its performance is evaluated on a fair value basis, in accordance with the Group’s documented risk management or investment strategy, and information about the grouping is provided internally on that basis; or • it forms part of a contract containing one or more embedded derivatives that would be required to be separated from the host contract. ii) Held-to-maturity A non-derivative held-to-maturity held-to-maturity iii) Loans and receivables Loans and receivables are financial assets with fixed or determinable payments that are not quoted in an active market. Subsequent to initial recognition, loans and receivables are measured at amortized cost using the effective interest method. iv) Available-for-sale Available-for-sale non-derivative available-for-sale held-to-maturity v) De-recognition The Group derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows on the financial asset in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred. Any interest in transferred financial assets that is created or retained by the Group is recognized as a separate asset or liability. If the Group retains substantially all the risks and rewards of ownership of the transferred financial assets, the Group continues to recognize the transferred financial assets and recognizes financial liabilities for the consideration received. vi) Offsetting between financial assets and financial liabilities Financial assets and financial liabilities are offset and the net amount is presented in the consolidated statement of financial position only when the Group currently has a legally enforceable right to offset the recognized amounts, and there is the intention to settle on a net basis or to realize the asset and settle the liability simultaneously.
Derivative financial instruments - policy applicable from January 1, 2018	(h) Derivative financial instruments – policy applicable from January 1, 2018 Derivatives are initially recognized at fair value. Subsequent to initial recognition, derivatives are measured at fair value, and changes therein are accounted for as described below. i) Hedge accounting The Group holds forward exchange contracts, interest rate swaps, currency swaps and other derivative contracts to manage interest rate risk and foreign exchange risk. The Group designated derivatives as hedging instruments to hedge the risk of changes in the fair value of assets, liabilities or firm commitments (a fair value hedge) and foreign currency risk of highly probable forecasted transactions or firm commitments (a cash flow hedge). On initial designation of the hedge, the Group formally documents the relationship between the hedging instrument(s) and hedged item(s), including the risk management objectives and strategy in undertaking the hedge transaction, together with the methods that will be used to assess the effectiveness of the hedging relationship. Fair value hedge Changes in the fair value of a derivative hedging instrument designated as a fair value hedge are recognized in profit or loss. The gain or loss from remeasuring the hedging instrument at fair value for a derivative hedging instrument and the gain or loss on the hedged item attributable to the hedged risk are recognized in profit or loss in the same line item of the separate statement of comprehensive income. The Group discontinues fair value hedge accounting if the hedging instrument expires or is sold, terminated or exercised, or if the hedge no longer meets the criteria. Any adjustment arising from G/L on the hedged item attributable to the hedged risk is amortized to profit or loss from the date the hedge accounting is discontinued. Cash flow hedge When a derivative is designated to hedge the variability in cash flows attributable to a particular risk associated with a recognized asset or liability or a highly probable forecasted transaction that could affect profit or loss, the effective portion of changes in the fair value of the derivative is recognized in other comprehensive income, net of tax, and presented in the hedging reserve in equity. Any ineffective portion of changes in the fair value of the derivative is recognized immediately in profit or loss. If the hedging instrument no longer meets the criteria for hedge accounting, expires or is sold, terminated, exercised, or the designation is revoked, then hedge accounting is discontinued prospectively. The cumulative gain or loss on the hedging instrument that has been recognized in other comprehensive income is reclassified to profit or loss in the periods during which the forecasted transaction occurs. If the forecasted transaction is no longer expected to occur, then the balance in other comprehensive income is recognized immediately in profit or loss. Net investment hedge The portion of the change in fair value of a financial instrument designated as a hedging instrument that meets the requirements for hedge accounting for a net investment in a foreign operation is recognized in other comprehensive income and the ineffective portion of the hedge is recognized in profit or loss Recognize. The portion recognized as other comprehensive income that is effective as a hedge is recognized in the statement of comprehensive income as a result of reclassification adjustments in accordance with IAS 21, “Effect of Changes in Foreign Exchange Rates” at the time of disposing of its overseas operations or disposing of a portion of its overseas operations to profit or loss. Other derivative financial instruments Changes in the fair value of other derivative financial instrument not designated as a hedging instrument are recognized immediately in profit or loss. Unobservable valuation differences at initial recognition Any difference between the fair value of over the counter derivatives at initial recognition and the amount that would be determined at that date using a valuation technique in a situation in which the valuation is dependent on unobservable parameters is not recognized in profit or loss but is recognized on a straight-line basis over the life of the instrument or immediately when the fair value becomes observable.
Derivative financial instruments - policy applicable before January 1, 2018	(i) Derivative financial instruments – policy applicable before January 1, 2018 Derivatives are initially recognized at fair value. Subsequent to initial recognition, derivatives are measured at fair value, and changes therein are accounted for as described below. i) Hedge accounting The Group holds forward exchange contracts, interest rate swaps, currency swaps and other derivative contracts to manage interest rate risk and foreign exchange risk. The Group designated derivatives as hedging instruments to hedge the risk of changes in the fair value of assets, liabilities or firm commitments (a fair value hedge) and foreign currency risk of highly probable forecasted transactions or firm commitments (a cash flow hedge). On initial designation of the hedge, the Group formally documents the relationship between the hedging instrument(s) and hedged item(s), including the risk management objectives and strategy in undertaking the hedge transaction, together with the methods that will be used to assess the effectiveness of the hedging relationship. • Fair value hedge • Cash flow hedge • Hedge of net investment ii) Separable embedded derivatives Embedded derivatives are separated from the host contract and accounted for separately only if the following criteria has been met: (a) the economic characteristics and risks of the embedded derivative are not closely related to those of the host contract; (b) a separate instrument with the same terms as the embedded derivative would meet the definition of a derivative; and (c) the hybrid instrument is not measured at fair value with changes in fair value recognized in profit or loss. Changes in the fair value of separable embedded derivatives are recognized immediately in profit or loss. iii) Other derivative financial instruments Changes in the fair value of other derivative financial instrument not designated as a hedging instrument are recognized immediately in profit or loss. iv) Unobservable valuation differences at initial recognition Any difference between the fair value of over the counter derivatives at initial recognition and the amount that would be determined at that date using a valuation technique in a situation in which the valuation is dependent on unobservable parameters is not recognized in profit or loss but is recognized on a straight-line basis over the life of the instrument or immediately when the fair value becomes observable.
Impairment: Financial assets and contract assets - policy applicable from January 1, 2018	(j) Impairment: Financial assets and contract assets – policy applicable from January 1, 2018 The Group recognize provision for credit loss allowance for debt instruments measured at amortized cost and fair value through other comprehensive income, and lease receivable, loan commitments and financial guarantee contracts using the expected credit loss impairment model. Financial assets migrate through the following three stages based on the change in credit risk since initial recognition and loss allowances for the financial assets are measured at the 12-month Category Provision for credit loss allowance STAGE 1 When credit risk has not increased significantly since the initial recognition 12-months STAGE 2 When credit risk has increased significantly since the initial recognition Lifetime ECL: a lifetime ECL associated with the probability of default events occurring over the remaining lifetime STAGE 3 When assets are impaired Same as above The Group, meanwhile, only recognizes the cumulative changes in lifetime expected credit losses since the initial recognition as a loss allowance for purchased or originated credit-impaired financial assets. The total period refers to the expected life span of the financial instrument up to the contract expiration date. Reflection of forward-looking information The Group reflects forward-looking information presented by internal experts based on a variety of information when measuring expected credit losses. For the purpose of estimating these forward-looking information, the Group utilizes the economic outlook published by domestic and overseas research institutes or government and public agencies. The Group reflects future macroeconomic conditions anticipated from a neutral standpoint that is free from bias in measuring expected credit losses. Expected credit losses in this respect reflect conditions that are most likely to occur and are based on the same assumptions that the Group used in its business plan and management strategy. Measurement of amortization cost regarding the expected credit loss of financial assets The expected credit loss of an amortized financial asset is measured as the difference between the present value of the cash flows expected to be received and the cash flow expected to be received. For this purpose, we calculate expected cash flows for individually significant financial assets. For non-individual Expected credit losses are deducted using the allowance for doubtful accounts and are amortized as if the financial assets were not recoverable. The allowance of bad debts is increased when the loan receivables are subsequently recovered and the changes in the credit loss allowance are recognized in profit or loss. Measurement of estimated credit loss of financial assets at FVOCI The calculation of expected credit losses is the same as for financial assets measured at amortized cost, but changes in credit loss allowance are recognized in other comprehensive income. In the case of disposal and redemption of other comprehensive income – fair value, the credit loss allowance is reclassified from other comprehensive income to profit or loss and recognized in profit or loss.
Impairment: Financial assets and contract assets - policy applicable before January 1, 2018	(k) Impairment: Financial assets and contract assets – policy applicable before January 1, 2018 A financial asset not carried at fair value through profit or loss is assessed at each reporting date to determine whether there is objective evidence that it is impaired. A financial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset, and that the loss event had a negative effect on the estimated future cash flows of that asset that can be estimated reliably. However, losses expected as a result of future events, regardless of likelihood, are not recognized. In addition, for an investment in an equity security, a significant or prolonged decline in its fair value below its cost is objective evidence of impairment. If financial assets have objective evidence that they are impaired, impairment losses should be measured and recognized. Objective evidence that a financial asset or group of assets is impaired includes observable data that comes to the attention of the holder of the asset about the following loss events: • significant financial difficulty of the issuer or obligor • a breach of contract, such as a default or delinquency in interest or principal payments; • the lender, for economic or legal reasons relating to the borrower’s financial difficulty, granting to the borrower a concession that the lender would not otherwise consider • it becoming probable that the borrower will enter bankruptcy or other financial reorganization • the disappearance of an active market for that financial asset because of financial difficulties • observable data indicating that there is a measurable decrease in the estimated future cash flows from a group of financial assets since the initial recognition of those assets, although the decrease cannot yet be identified with the individual financial assets in the group. i) Loans and receivables The Group first assesses whether objective evidence of impairment exists individually for loans and receivables that are individually significant, and individually or collectively for financial assets that are not individually significant. If the Group determines that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, it includes the asset in a group of financial assets with similar credit risk characteristics and collectively assesses them for impairment. Assets that are individually assessed for impairment and for which an impairment loss is or continues to be recognized are not included in a collective assessment of impairment. If there is objective evidence that an impairment loss on loans and receivables has been incurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred) discounted at the financial asset’s original effective interest rate (i.e., the effective interest rate computed at initial recognition). If the interest rate of a loan or receivable is a floating rate, the discount rate used to evaluate impairment loss is the current effective interest rate defined in the loan agreement. The present value of estimated future cash flows of secured financial assets is calculated by including cash flows from collateral after deducting costs to acquire and sell the collateral. In assessing collective impairment, the Group rates and classifies financial assets, based on credit risk assessment or credit rating assessment process that takes into account asset type, industry, regional location, collateral type, delinquency and other relative factors. Future cash flow of financial assets applicable to collective impairment assessment is estimated by using statistical modelling of historical trends of the probability of default, timing of recoveries and the amount of loss incurred, adjusted for management’s judgment as to whether current economic and credit conditions are such that the impairment losses are likely to be greater or less than suggested by historical modelling. In adjusting the future cash flow by historical modelling, the result has to be in line with changes and trends of observable data. Methodologies and assumptions used to estimate future cash flow are evaluated on a regular basis in order to reduce any discrepancy between impairment loss estimation and actual loss. Impairment losses are recognized in profit or loss and reflected in an allowance account against loans and receivables. When a subsequent event causes the amount of impairment loss to decrease, and the decrease can be related objectively to an event occurring after the impairment was recognized, the decrease in impairment loss is reversed through profit or loss of the year. ii) Available-for-sale When a decline in the fair value of an available-for-sale available-for-sale available-for-sale iii) Held-to-maturity An impairment loss in respect of held-to-maturity
Property and equipment	(l) Property and equipment Property and equipment are initially measured at cost and after initial recognition. The cost of property and equipment includes expenditures arising directly from the construction or acquisition of the asset, any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management and the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located. Property and equipment are carried at cost less accumulated depreciation and accumulated impairment losses. Certain land and buildings are measured at fair value at the date of transition to IFRS, which is deemed cost, in accordance with IFRS 1, ‘First-time Adoption of IFRS’. Dividend from relevant revaluation surplus is prohibited in accordance with the resolution of the board of directors. The Group recognizes in the carrying amount of an item of property and equipment the cost of replacing part of property and equipment when that cost is incurred if it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably. The carrying amount of those parts that are replaced is derecognized. The costs of the day-to-day Land is not depreciated. Other property and equipment are depreciated on a straight-line basis over the estimated useful lives, which most closely reflect the expected pattern of consumption of the future economic benefits embodied in the asset. Leased assets under finance leases are depreciated over the shorter of the lease term and their useful lives. The estimated useful lives for the current and comparative periods are as follows: Descriptions Useful lives Buildings 40 years Other properties 4~5 years The gain or loss arising from the derecognition of an item of property and equipment, which is included in profit or loss, is determined as the difference between the net disposal proceeds, if any, and the carrying amount of the item. Depreciation methods, useful lives and residual values are reassessed at each fiscal year-end
Intangible assets	(m) Intangible assets Intangible assets are measured initially at cost and, subsequently, are carried at cost less accumulated amortization and accumulated impairment losses. Amortization of intangible assets except for goodwill is calculated on a straight-line basis over the estimated useful lives of intangible assets as below from the date that they are available for use. The residual value of intangible assets is zero. However, as there are no foreseeable limits to the periods over which club memberships are expected to be available for use, this intangible asset is determined as having indefinite useful lives and not amortized. Descriptions Useful lives Software and capitalized development cost 5 years Other intangible assets 5 years or contract periods, whichever the shorter Amortization periods and the amortization methods for intangible assets with finite useful lives are reviewed at the end of each reporting period. The useful lives of intangible assets that are not being amortized are reviewed at the end of each reporting period to determine whether events and circumstances continue to support indefinite useful life assessments for those assets. Changes are accounted for as changes in accounting estimates. Expenditures on research activities, undertaken with the prospect of gaining new technical knowledge and understanding, are recognized in profit or loss as incurred. Development expenditures are capitalized only if development costs can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable, and the Group intends to and has sufficient resources to complete development and to use or sell the asset. Other development expenditures are recognized in profit or loss as incurred.
Investment property	(n) Investment properties Investment property is property held either to earn rental income or for capital appreciation or both. An investment property is initially recognized at cost including any directly attributable expenditure. Subsequent to initial recognition, the asset is measured at cost less accumulated depreciation and accumulated impairment losses, if any. The depreciation method and the estimated useful lives for the current and comparative periods were as follows: Descriptions Depreciation method Useful lives Buildings Straight-line 40 years Subsequent costs are recognized in the carrying amount of investment property at cost or, if appropriate, as separate items if it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. The costs of the day-to-day Depreciation methods, useful lives and residual values are reviewed at the end of each reporting date and adjusted, if appropriate. The change is accounted for as changes in accounting estimates.
Leased assets	(o) Leased assets The Group classifies and accounts for leases as either a finance or operating lease, depending on the terms. Leases where the Group assumes substantially all of the risks and rewards of ownership are classified as finance leases. All other leases are classified as operating leases. i) Finance leases At the commencement of the lease term, the Group recognizes as finance assets and finance liabilities in its consolidated statements of financial position, the lower amount of the fair value of the leased property and the present value of the minimum lease payments, each determined at the inception of the lease. Any initial direct costs are added to the amount recognized as an asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability. The finance charge is allocated to each period during the lease term so as to produce a constant periodic rate of interest on the remaining balance of the liability. Contingent rents are charged as expenses in the periods in which they are incurred. The depreciable amount of a leased asset is allocated to each accounting period during the period of expected use on a systematic basis consistent with the depreciation policy the lessee adopts for depreciable assets that are owned. If there is no reasonable certainty that the lessee will obtain ownership by the end of the lease term, the asset is fully depreciated over the shorter of the lease term and its useful life. The Group reviews to determine whether the leased asset may be impaired. ii) Operating leases Payments made under operating leases are recognized in profit or loss on a straight-line basis over the period of the lease. iii) Lessor Under a finance lease, the lessor recognizes a finance lease receivable. Over the lease term the lessor accrues interest income on the net investment. The receipts under the lease are allocated between reducing the net investment and recognizing finance income, so as to produce a constant rate of return on the net investment. Under an operating lease, the lessor recognizes the lease payments as income over the lease term and the leased asset in its statement of financial position.
Assets held for sale	(p) Assets held for sale Non-current non-current The Group recognizes an impairment loss for any initial or subsequent write-down of an asset (or disposal group) to fair value less costs to sell, and a gain for any subsequent increase in fair value less costs to sell, up to the cumulative impairment loss previously recognized in accordance with IAS 36, ‘ Impairment of Assets’ An asset that is classified as held for sale or part of a disposal group classified as held for sale is not depreciated (or amortized).
Impairment of non-financial assets	(q) Impairment of non-financial The carrying amounts of the Group’s non-financial non-current Goodwill and intangible assets that have indefinite useful lives or that are not yet available for use, irrespective of whether there is any indication of impairment, are tested for impairment annually by comparing their recoverable amount to their carrying amount. The Group estimates the recoverable amount of an individual asset, if it is impossible to measure the individual recoverable amount of an asset, then the Group estimates the recoverable amount of cash-generating unit (“CGU”). A CGU is the smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or group of assets. The recoverable amount of an asset or a CGU is the greater of its value in use and its fair value less costs to sell. The value in use is estimated by applying a pre-tax An impairment loss is recognized if the carrying amount of an asset or a CGU exceeds its recoverable amount. Impairment losses are recognized in profit or loss. Goodwill acquired in a business combination is allocated to each CGU that is expected to benefit from the synergies arising from the goodwill acquired. Any impairment identified at the CGU level will first reduce the carrying value of goodwill and then be used to reduce the carrying amount of the other assets in the CGU on a pro rata basis. Except for impairment losses in respect of goodwill which are never reversed, an impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized.
Non-derivative financial liabilities - policy applicable from January 1, 2018	(r) Non-derivative The Group recognizes financial liabilities in the consolidated statement of financial position when the Group becomes a party to the contractual provisions of the financial liability in accordance with the substance of the contractual arrangement and the definitions of financial liabilities. Transaction costs on the financial liabilities at FVTPL are recognized in profit or loss as incurred. i) Financial liabilities designated at FVTPL Financial liabilities can be irrevocably designated as measured at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise from measuring assets or liabilities or recognizing the gains and losses on them on different bases, or a group of financial instruments is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy. The amount of change in the fair value of the financial liabilities designated at FVTPL that is attributable to changes in the credit risk of that liabilities shall be presented in other comprehensive income. ii) Financial liabilities at FVTPL Since initial recognition, financial liabilities at FVTPL is measured at fair value, and changes in the fair value are recognized as profit or loss. iii) Other financial liabilities Non-derivative The Group derecognizes a financial liability from the consolidated statement of financial position when it is extinguished (i.e. when the obligation specified in the contract is discharged, cancelled or expires).
Non-derivative financial liabilities - policy applicable before January 1, 2018	(s) Non-derivative The Group classifies non-derivative i) Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading or designated as such upon initial recognition. Subsequent to initial recognition, financial liabilities at fair value through profit or loss are measured at fair value, and changes therein are recognized in profit or loss. Upon initial recognition, transaction costs that are directly attributable to the acquisition are recognized in profit or loss as incurred. The criteria for designation of financial liabilities at FVTPL upon initial recognition are the same as those of financial assets at FVTPL. ii) Other financial liabilities Non-derivative The Group derecognizes a financial liability from the consolidated statement of financial position when it is extinguished (i.e. when the obligation specified in the contract is discharged, cancelled or expires).
Foreign currency	(t) Foreign currencies i) Foreign currency transactions Transactions in foreign currencies are translated to the respective functional currencies of the Group at exchange rates at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency using the reporting date’s exchange rate. The foreign currency gain or loss on monetary items is the difference between amortized cost in the functional currency at the beginning of the period, adjusted for effective interest and payments during the period, and the amortized cost in foreign currency translated at the exchange rate at the end of the reporting period. Non-monetary ii) Foreign operations If the presentation currency of the Group is different from a foreign operation’s functional currency, the financial statements of the foreign operation are translated into the presentation currency using the following methods: The assets and liabilities of foreign operations, whose functional currency is not the currency of a hyperinflationary economy, are translated to presentation currency at exchange rates at the reporting date. The income and expenses of foreign operations are translated to functional currency at exchange rates at the dates of the transactions. Foreign currency differences are recognized in other comprehensive income. Any goodwill arising on the acquisition of a foreign operation and any fair value adjustments to the carrying amounts of assets and liabilities arising on the acquisition of that foreign operation are treated as assets and liabilities of the foreign operation and are translated using the exchange rate at the reporting date. iii) Net investment in a foreign operation If the settlement of a monetary item receivable from or payable to a foreign operation is neither planned nor likely in the foreseeable future, then foreign currency differences arising on the item form part of the net investment in the foreign operation and are recognized in other comprehensive income and reclassified from equity to profit or loss on disposal of the net investment.
Equity	(u) Equity capital i) Capital stock Capital stock is classified as equity. Incremental costs directly attributable to the transaction of stock are deducted from equity, net of any tax effects. Preferred stocks are classified as equity if they do not need to be repaid or are repaid only at the option of the Group and if payment is determined by the Group’s discretion, and dividends are recognized when the shareholders’ meeting approves the dividends. Preferred stocks that are eligible for reimbursement of a defined or determinable amount on or after a certain date are classified as liabilities. The related dividend is recognized in profit or loss at the time of occurrence as interest expense. ii) Hybrid bonds The Group classifies an issued financial instrument, or its component parts, as a financial liability or an equity instrument depending on the substance of the contractual arrangement of such financial instrument. Hybrid bonds where the Group has an unconditional right to avoid delivering cash or another financial asset to settle a contractual obligation are classified as an equity instrument and presented in equity. iii) Capital structure The effect of changes in ownership interests in subsidiaries that do not lose control over the equity attributable to owners of the parent is included in capital adjustments.
Employee benefits	(v) Employee benefits i) Short-term employee benefits Short-term employee benefits are employee benefits that are due to be settled within 12 months after the end of the period in which the employees render the related service. When an employee has rendered service to the Group during an accounting period, the Group recognizes the undiscounted amount of short-term employee benefits expected to be paid in exchange for that service. ii) Other long-term employee benefits The Group’s net obligation in respect of other long-term employee benefits that are not expected to be settled wholly before 12 months after the end of the annual reporting period in which the employees render the related service, is the amount of future benefit that employees have earned in return for their service in the current and prior periods. That benefit is discounted to determine its present value. Remeasurements are recognized in profit or loss in the period in which they arise. iii) Retirement benefits: defined benefit plans A defined benefit plan is a post-employment benefit plan other than a defined contribution plan. The Group’s net obligation in respect of defined benefit plans is calculated by estimating the amount of future benefit that employees have earned in return for their service in the current and prior periods; that benefit is discounted to determine its present value. The fair value of plan assets is deducted. The calculation is performed annually by an independent actuary using the projected unit credit method. The discount rate is the yield at the reporting date on high-quality corporate bonds that have maturity dates approximating the terms of the Group’s obligations and that are denominated in the same currency in which the benefits are expected to be paid. The Group recognizes service cost and net interest on the net defined benefit liability (asset) in profit or loss and remeasurements of the net defined benefit liability (asset) in other comprehensive income. iv) Retirement benefits: defined contribution plans The Group recognizes the contribution expense as an account of severance payments in profit or loss in the period according to the defined contribution plans. Defined benefit liabilities are calculated annually by independent actuaries using the predicted unit credit method. If the net present value of the defined benefit obligation less the fair value of the plan assets is an asset then the present value of the economic benefits available to the entity in the form of a refund from the plan or a reduction in future contributions to the plan. The remeasurement component of net defined benefit liability is the change in the effect of the asset except for the amount included in the net interest income of plan assets and net revenues of plan assets excluding actuarial gains and losses to the net of defined benefit liabilities. It is immediately recognized in other comprehensive income. The Group determines the net interest on the net defined benefit obligation (asset) by multiplying the net defined benefit obligation (asset) by the discount rate determined at the beginning of the annual reporting period and is the net present value of the net defined benefit obligation. It is determined by taking into consideration the fluctuations. Net interest expense and other expenses related to defined benefit plans are recognized in profit or loss. When an amendment or reduction of the system occurs, the gain or loss resulting from the change or decrease in the benefits to the past service is immediately recognized in profit or loss. The Group recognizes gains or losses on settlement when the defined benefit plan is settled. v) Termination benefits Termination benefits are recognized as an expense when the Group is committed demonstrably, without realistic possibility of withdrawal, to a formal detailed plan to either terminate employment before the normal retirement date, or to provide termination benefits as a result of an offer made to encourage voluntary redundancy. Termination benefits for voluntary redundancies are recognized as an expense if the Group has made an offer of voluntary redundancy, it is probable that the offer will be accepted, and the number of acceptances can be estimated reliably. If benefits are payable more than 12 months after the reporting period, then they are discounted to their present value.
Share-based payment transactions	(w) Share-based payment transactions The grant date fair value of share-based payment awards granted to employees is recognized as an employee expense, with a corresponding increase in equity, over the period that the employees unconditionally become entitled to the awards. The amount recognized as an expense is adjusted to reflect the number of awards for which the related service and non-market non-market non-vesting true-up The fair value of the amount payable to employees in respect of share appreciation rights, which are settled in cash, is recognized as an expense with a corresponding increase in liabilities, over the period that the employees unconditionally become entitled to payment. The liability is remeasured at each reporting date and at settlement date. Any changes in the fair value of the liability are recognized as personnel expense in profit or loss.
Provisions	(x) Provisions Provisions are recognized when the Group has a present legal or constructive obligation as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. The risks and uncertainties that inevitably surround many events and circumstances are taken into account in reaching the best estimate of a provision. Where the effect of the time value of money is material, provisions are determined at the present value of the expected future cash flows. Provisions are reviewed at the end of each reporting period and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed. Provisions shall be used only for expenditures for which the provisions are originally recognized.
Financial guarantee contract - policy applicable from January 1, 2018	(y) Financial guarantee contract – policy applicable from January 1, 2018 A financial guarantee contract is a contract that requires the Group to make specified payments to reimburse the holder for a loss it incurs because a specified debtor fails to make payment when due in accordance with the original or modified terms of a debt instrument. Financial guarantee contracts are recognized initially at their fair value, and the initial fair value is amortized over the life of the financial guarantee contract. The financial guarantee liability is subsequently measured at the higher of the amount of the best estimate of the expenditure required to settle the present obligation at the end of reporting period; and the amount initially recognized less, cumulative amortization recognized on a straight-line basis over the guarantee period. Financial guarantee liabilities are included within other liabilities. After initial recognition, financial guarantee contracts are measured at the higher of: • Loss allowance in accordance with IFRS 9, ‘ Financial Instruments • The amount initially recognized less, when appropriate, the cumulative amount of income recognized in accordance with the principles of IFRS 15, ‘ Revenue from Contracts with Customers
Financial guarantee contract - policy applicable before January 1, 2018	(z) Financial guarantee contract – policy applicable before January 1, 2018 A financial guarantee contract is a contract that requires the issuer (the Group) to make specified payments to reimburse the holder for a loss it incurs because a specified debtor fails to make payments when due in accordance with the original or modified terms of a debt instrument. Financial guarantee contracts are initially measured at their fair values and, if not designated as at fair value through profit or loss, are subsequently measured at the higher of: • The amount determined in accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets • The initial amount recognized, less, when appropriate, cumulative amortization recognized in accordance with IAS 18, ‘ Revenue’
Insurance contracts	(aa) Insurance contracts 1) Investment contract liabilities, including insurance contract liabilities and discretionary dividend factors The group establishes liability reserves in accordance with the Insurance Business Law and the related regulations. The reserves are calculated according to the insurance policy, insurance premiums and liability reserve calculation method. The main contents are as follows. 1-1) The present value of the premiums payable to the policy holders after the balance sheet date is the present value of the net premium to be paid after the end of the reporting period. The amount is deducted from the value. 1-2) As of the end of the reporting period, premiums that have paid due are calculated based on premiums and the liability reserve calculation method. 1-3) The total amount of reserve for variable minimum guarantee (①) and reserve for general account guarantee (②) is provided as guarantee reserve. ① Variable minimum guarantee reserve This reserve is the amount that must be accumulated to guarantee insurance premiums above a certain level for contracts maintained as of the end of the reporting period, and is measured at the higher of: i) the average amount of the top 30% of net loss expected in the future ii) the minimum required amount by insurance types, minimum guarantees and limits of stock investment portion ② General account guarantee reserve As of the end of the reporting period, the amount of reserve for insurance contracts that are insured under general account is required to be paid to guarantee the level of refunds, i) Average of the amount deducted from the appropriateness of the liability reserve calculated by excluding the guarantee option from the appropriateness evaluation of the liability reserve calculated by including the guarantee option for each interest rate scenario ii) The amount of compensation (including annulment contract) against the guarantee received from the policy holder by the rate applied at the premium calculation in the insurance premium and liability reserve calculation method 1-4) As of the end of the reporting period, the Group has accrued the amount for which the reason for the payment of insurance claims, etc. has been incurred and the amount of the claim payment has not been paid yet due to the dispute or lawsuit related to the insurance settlement. In addition, the Group recognizes unrecognized losses based on historical experience. 1-5) The reserve is provided for the purpose of contributing to the policyholder dividend according to the laws and regulations and the reserve for dividend reserve for the policyholder and the dividend reserve for the subsequent business year. The policyholder dividend reserve is the amount that is not paid as of the end of the reporting period for the settlement amount and the reserve for dividend policy for the next fiscal year is based on the policyholder dividend calculated on the insurance contract effective as of the end of the reporting period. ① Excess crediting rate reserve In the case of a dividend insurance contract which has been maintained for more than one year as of the end of the reporting period among contracts signed before October 1, 1997, the difference between the planned interest rate and the one-year ② Mortality dividend reserve Dividends arising from contracts that are maintained for more than one year at the end of the reporting period are used to offset the expected mortality and actual mortality rates applied to premiums. ③ Interest dividend reserve For the contracts that have been maintained for more than one year as of the end of the reporting period, the amount calculated by applying the interest dividend reserve rate to the net written premium reserve less the unearned acquisition costs. However, the insurance sold before October 1, 1997 is applied to the amount deducted from the net premium in the event that the planned interest rate by the insurance product is less than the dividend standard. ④ Reserves for long-term special dividends For the effective dividend policy agreement that has been maintained for 6 years or more, the amount calculated by applying the long-term special dividend rate to the amount deducted from the net premiums for the end of the year. However, insurance sold before October 1, 1997 is applied to the deduction of unearned premiums at the end of the year when the expected interest rate by the insurance product is less than the dividend standard rate. 1-6) In order to cover the policyholder dividend in the future, the amount is accumulated in accordance with the laws and regulations and the insurance contracts. 1-7) In accordance with the regulations set by the supervisory authority, dividend insurance profit is accumulated within 30/100 of the contractor’s stake. The reserve loss for dividend insurance shall be preserved at the end of the reporting period and shall be used as the policyholder dividend source for the individual contractor. 2) Contractor’s equity adjustment The Group classifies the gains and losses on available-for-sale non-dividend 3) Evaluation of debt appropriateness At the end of each reporting period, the group assesses whether the recognized insurance liability is appropriate using the current estimates of future cash flows of the policy, and if the carrying amount of the insurance liability is deemed to be inappropriate in terms of the estimated future cash flows. The reserve for premiums is added to the profit or loss by the amount corresponding to the deficiency. 4) Reinsurance assets The group presents the recoverable amount of reinsurance assets. The group assesses at the end of each reporting period whether there is objective evidence that a reinsurance asset is impaired. If there is objective evidence that the entity will not be able to collect all amounts under the terms of the agreement as a result of an event that occurred after the initial recognition and if the event has a reliable and measurable impact on the amount to be received. If reinsurance assets are determined to be impaired, impairment loss is recognized in the profit and loss for the current period. 5) Deferred acquisition cost The group recognizes unrealized gains and losses arising from long-term insurance contracts as assets and amortizes the premiums over the life of the insurance contracts equally. If the contribution period exceeds 7 years, the amortization period is 7 years if there is an unrecognized balance at the date of the cancellation, the entire amount of the cancellation is amortized in the fiscal year to which the cancellation date belongs. But, if the ratio of additional premiums is higher at the early stage of the insurance period for the purpose of recovering the excess of the unearned premiums and the early settlement costs, the new settlement expenses are treated as the period expense.
Recognition of revenues and expenses	(ab) Recognition of revenues and expenses Other than revenues under the scope of IAS 17, ‘Leases’, IAS 28, ‘Investments in Associates and Joint Ventures’, IFRS 9, ‘Financial Instruments’, IFRS 10, ‘Consolidated Financial Statements’, and IFRS 11, ‘Joint Arrangements’, the Group’s revenues are recognized using five-step revenue recognition model as follows: ① ‘Identifying the contract’ g g g g i) Interest income and expense Interest income and expense are recognized in profit or loss using the effective interest method. The effective interest rate is the rate that exactly discounts the estimated future cash payments and receipts through the expected life of the financial asset or liability or, where appropriate, a shorter period to the net carrying amount of the financial asset or liability. When calculating the effective interest rate, the Group estimates cash flows considering all contractual terms of the financial instrument, but does not consider future credit losses. The calculation includes all fees and points paid or received between parties to the contract that are an integral part of the effective interest rate, and all other premiums or discounts. When it is not possible to estimate reliably the cash flows or the expected life of a financial instrument, the Group uses the contractual cash flows over the full contractual term of the financial instrument. Once a financial asset or a group of similar financial assets has been written down as a result of an impairment loss, interest income is thereafter recognized using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. ii) Fees and commission The recognition of revenue for financial service fees depends on the purposes for which the fees are assessed and the basis of accounting for any associated financial instrument. a) Fees that are an integral part of the effective interest rate of a financial instrument Such fees are generally treated as an adjustment to the effective interest rate. Such fees may include compensation for activities such as evaluating the borrower’s financial condition, evaluating and recording guarantees, collateral and other security arrangements, preparing and processing documents, closing the transaction and the origination fees received on issuing financial liabilities. However, when the financial instrument is measured at fair value with the change in fair value recognized in profit or loss, the fees are recognized as revenue when the instrument is initially recognized. b) Fees earned as services are provided Fees and commission income, including investment management fees, sales commission, and account servicing fees, are recognized as the related services are provided. c) Fees that are earned on the execution of a significant act The fees that are earned on the execution of a significant act including commission on the allotment of shares or other securities to a client, placement fee for arranging a loan between a borrower and an investor and sales commission, are recognized as revenue when the significant act has been completed. iii) Insurance income The Group recognizes insurance income for the insurance premium paid of which the payment date arrived by the premium payment methods of the insurance contract; and recognizes advance receipts for the insurance premium paid of which the payment date has not arrived at the end of the reporting period. iv) Dividends Dividends income is recognized when the shareholder’s right to receive payment is established. Usually this is the ex-dividend
Revenue from Contracts with Customers - policy applicable from January 1, 2018	(ac) Revenue from Contracts with Customers – policy applicable from January 1, 2018 The fair value of the consideration received or receivable in exchange for the initial transaction is allocated to the reward points (“points”) and the remainder of the fee income. The consideration to be allocated to the points is estimated based on the fair value of the monetary benefits to be provided in consideration of the expected recovery rate of points awarded in accordance with the customer loyalty program and the expected time of recovery. Points for distribution through the cost paid by the customer is recognized by deducting from the revenue from fees.
Customer loyalty system - policy applicable before January 1, 2018	(ad) Customer loyalty system – policy applicable before January 1, 2018 Under the Customer Loyalty system, the fair value of the consideration received or receivable in exchange for the initial transaction is allocated to the reward points (“points”) and the remainder of the fee income. The Group provides compensation in various forms such as payment discounts and gifts. The consideration allocated to the points is based on the fair value of the monetary benefits to be provided for the points to be recovered. The fair value of the benefits provided for the points reclaimed in accordance with the customer loyalty program is estimated taking into account the expected recovery rate and the expected recovery time. The consideration to be allocated to the points is estimated based on the fair value of the monetary benefits to be provided in consideration of the expected recovery rate of points awarded in accordance with the customer loyalty program and the expected time of recovery. Revenue recognition is measured based on the relative size of the points recovered and exchanged for monetary consideration at the total points expected to be recovered. In addition, if the unavoidable costs incurred to fulfill the compensation obligation in connection with the customer loyalty system are expected to exceed the amount not recognized as revenue allocated to the compensation score at the time of initial sale, the excess amount is recognized as provision.
Income tax	(ae) Income tax Income tax expense comprises current and deferred tax. Current tax and deferred tax are recognized in profit or loss except to the extent that it relates to a business combination, or items recognized directly in equity or in other comprehensive income. i) Current tax Current tax is the expected tax payable or receivable on the taxable profit or loss for the year, using tax rates enacted or substantively enacted at the end of the reporting period and any adjustment to tax payable in respect of previous years. The taxable profit is different from the accounting profit for the period since the taxable profit is calculated excluding the temporary differences, which will be taxable or deductible in determining taxable profit (tax loss) of future periods, and non-taxable non-deductible ii) Deferred tax Deferred tax is recognized, using the asset-liability method, in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. A deferred tax liability is recognized for all taxable temporary differences. A deferred tax asset is recognized for all deductible temporary differences to the extent that it is probable that taxable profit will be available against which they can be utilized. However, deferred tax is not recognized for the following temporary differences: taxable temporary differences arising on the initial recognition of goodwill, or the initial recognition of assets or liabilities in a transaction that is not a business combination and that affects neither accounting profit or loss nor taxable income. The Group recognizes deferred tax liabilities for all taxable temporary differences associated with investments in subsidiaries, associates, and interests in joint ventures, except to the extent that the Group is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. The Group recognizes deferred tax assets for all deductible temporary differences arising from investments in subsidiaries and associates, to the extent that it is probable that the temporary difference will reverse in the foreseeable future and taxable profit will be available against which the temporary difference can be utilized. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and deferred tax assets reflects the tax consequences that would follow from the manner in which the Group expects, at the end of the reporting period to recover or settle the carrying amount of its assets and liabilities. The carrying amount of a deferred tax asset is reviewed at the end of each reporting period and reduced the carrying amount to the extent that it is no longer probable that sufficient taxable profit will be available to allow the benefit of part or all of that deferred tax asset to be utilized. Deferred tax assets and liabilities are offset only if there is a legally enforceable right to offset the related current tax liabilities and assets, and they relate to income taxes levied by the same tax authority and they intend to settle current tax liabilities and assets on a net basis. If any additional income tax expense exists by payment of dividends, the Group recognizes it when the liability relating to the payment is recognized.
Accounting for trust accounts	(af) Accounting for trust accounts The Group accounts for trust accounts separately from its bank accounts under the Financial Investment Services and Capital Markets Act and thus the trust accounts are not included in the accompanying consolidated financial statements. Borrowings from trust accounts are included in other liabilities. Trust fees and commissions in relation to the service provided to trust accounts by the Group are recognized as fees and commission income.
Earnings per share	(ag) Earnings per share The Group presents basic and diluted earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss attributable to the ordinary shareholder of the Group by the weighted average number of common shares outstanding during the period, adjusted for own shares held. Diluted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding, adjusted for own shares held, for the effects of all dilutive potential ordinary shares, which comprise share options granted to employees.
New standards and interpretations not yet adopted	(ah) New standards and interpretations not yet adopted The following new standards and amendments to existing standards have been published and are mandatory for the Group to adopt for annual periods beginning on or after January 1, 2018, and the Group has not early adopted them. i) IFRS 16 “Lease” IFRS 16, “Leases”, which was enacted on May 22, 2017, is effective for annual periods beginning on or after January 1, 2019, but may be applied early. The Standard is based on current IAS 17 “Leases”, IFRIC 4, “Determining whether an arrangement contains a lease”, IFRIC 15 “Operating lease: Incentive” It will replace IFRIC 27, “Evaluating the substances of transactions involving the legal form of a lease”. At the date of commitment, the Group determines whether the contract is a lease or whether the contract includes a lease, and identifies whether the contract includes a lease or a lease in accordance with this standard. The lessee and lessor must account for each lease element of the lease as a lease, separate from the non-lease The lessee is required to recognize an asset that represents the right to use the underlying asset and a liability that represents the obligation to pay the lease payments. However, in the case of short-term lease and small asset lease, the lessee is not required to separate the non-lease non-lease The accounting treatment of lessor is not significantly different from the accounting treatment of the current IAS 17. < Accounting treatment as a lessee > ① Application method of IFRS 16 “Lease” The lessee recognizes the cumulative effect of applying the retrospective application (full retroactive method) to each past reporting period presented in accordance with IAS 8, “Accounting Policies, Changes in Accounting Estimates and Errors “ (Cumulative Effect Batch Reconciliation Action). The Group plans to apply IFRS 16 for the first time by applying cumulative effect and cumulative temporary adjustment measures as of January 1, 2019. Accordingly, the cumulative effect of applying IFRS 16 is adjusted in the retained earnings (or, where appropriate, other components of equity) at the date of initial application and the comparative financial statements are not going to be restated. ② Financial effect of IFRS 16 “Lease” We assessed the impact on the financial statements for the year 2019 based on the information and available information as of January 1, 2019, in order to assess the financial impact of the initial adoption of IFRS 16. The aggregate amount of the minimum lease payments prior to the present value discount of the assets currently used as operating leases is W W non-lease As a result of a detailed analysis of the effect on the financial statements, the Group expects the assets and liabilities to be pledged as of January 1, 2019 to increase by W W < Accounting treatment as a lessor > ① Application method and financial impact of IFRS 16 “Lease” As a lessor, the Group has specifically assessed the effect of accounting for the identification of lease contracts, separation of lease components on the financial statements in accordance with IFRS 16. There is no impact on finance lease payment receivables as of January 1, 2019 . If the Group is a medium-term lease contractor, it is classified as an operating lease before the initial application date. The lease is classified as operating lease or finance lease according to IFRS 16. If the lease is classified as a finance lease, it is accounted for as a new finance lease at the date of initial application. As a result of assessing the specific financial impact based on the context and available information as of January 1, 2019, we have not been accounted for as a new finance lease. However, the financial impact assessment may change depending on additional information available in the future. ii) Amendment of IFRS 9 “Financial instruments” Financial assets that are redeemable with reimbursable financial assets are remeasured to be measured at amortized cost. When the financial liabilities measured at amortized cost are changed but not eliminated, the effect of the change should be recognized in profit or loss. These amendments will be effective from the fiscal year beginning on or after January 1, 2019 and are subject to early adoption. iii) Amendment of IAS 19 “Employee benefits” If the change in the defined benefit plan results in the revision, reduction or settlement of the plan, the assumptions used in remeasurement of the net defined benefit obligation (asset) to estimate the current service cost and net interest for the remaining period of the period after the adjustments in the plan. In addition, the decrease in excess of the amount of unrecognized actuarial gain or loss is reflected in profit or loss as a part of past service cost or settlement profit or loss. The amendments are applied prospectively to the amendment, reduction, and settlement of systems that have occurred since the fiscal year beginning on or after January 1, 2019. iv) Amendment of IAS 28 “Investment in associates and joint ventures” The clarification has been conducted that other financial instruments (financial instruments that do not apply the equity method) to the related companies or joint ventures are subject to IFRS 9, and that the long-term investment interests that form part of the net investment in the related companies or joint ventures was revised accordingly with the IFRS 9. These amendments will be effective from the fiscal year beginning on or after January 1, 2019 and are subject to early adoption. In addition, the first-time adoption of this standard does not require reclassification of comparative information by applying the transitional provisions of 9, and the effect of retroactive application is reflected in the beginning retained earnings (or other appropriate capital elements) at the date of initial application. v) Establishment of IFRIC 23 “Uncertainty over income tax treatments” The interpretation is applied to the recognition and measurement of deferred tax and deferred income tax if there is uncertainty about whether or not the tax treatment applied by the entity will be recognized by the taxing authority. Guidance on accounting units of uncertainty in taxation and circumstances requiring reevaluation Includes. The interpretation is effective from January 1, 2019, and it can choose between retroactively reclassifying comparative financial statements or reflect the effect of the change on the basis of the first year of adoption. vi) Annual amendments through year 2015 – 2017 vi-i) The business combination that is held in stages to acquire control over the joint business (meeting the definition of the business) while retaining the rights and liabilities for the assets related to the joint business. Therefore, remeasurement should be conducted for all underlying assets and liabilities. The amendments are effective for annual periods beginning on or after January 1, 2019, or reflect the effect of the change on the basis of the first year of adoption. vi-ii) If a jointly controlled entity that participates in a joint venture but does not have joint control obtains joint control over the joint venture, the previously held equity interest in the joint venture is not remeasured. This amendment is effective for transactions beginning after January 1, 2019 and beginning after the fiscal year beginning on vi-iii) The provisions of paragraph 57A of IAS 12 (defining the timing and recognition of dividend tax effects) apply to all income tax effects of dividends and are recognized in profit or loss, other comprehensive income or capital. This amendment is effective for fiscal years beginning on or after January 1, 2019, but may be applied early. vi-iv) If most of the necessary activities to enable us to use (or sell) our qualifying assets has been completed, it will include the funds borrowed for specific purposes in ordinary borrowings to acquire those assets. This amendment applies to borrowing costs incurred subsequent to the first year of the application of the amendment and may be applied early in the financial year beginning after January 1, 2019.

Significant estimate and judg_2

Significant estimate and judgment (Policies)	12 Months Ended
	Dec. 31, 2018
Disclosure of significant estimate and judgment [Abstract]
Estimation of impairment of goodwill	(a) Estimation of impairment of goodwill The Group reviews the goodwill annually in accordance with the accounting policy in Note 3. The recoverable amount of the cash-generating unit (group) was determined based on the value-in-use
Income taxes	(b) Income taxes The Group is subject to tax laws from various countries. In the normal course of business, there are various types of transactions and different accounting methods that may add uncertainties to the decision of the final income taxes. The Group has recognized current and deferred taxes that reflect tax consequences based on the best estimates in which the Group expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. However, actual income taxes in the future may not be identical to the recognized deferred tax assets and liabilities, and this difference can affect current and deferred tax at the period when the final tax effect is determined.
Fair value of financial instruments	(c) Fair value of financial instruments The fair values of financial instruments which are not actively traded in the market are determined by using valuation techniques. The Group determines valuation methods and assumptions based on significant market conditions at the end of each reporting period. Diverse valuation techniques are used to determine the fair value of financial instruments, from generic valuation techniques to internally developed valuation models that incorporate various types of assumptions and variables.
Credit loss allowance, guarantees and unused loan commitments	(d) Credit loss allowance, guarantees and unused loan commitments The Group determines and recognizes allowances for losses on debt securities, loans and other receivables measured at amortized cost or FVOCI, and recognizes provisions for guarantees and unused loan commitments through impairment testing. The accuracy of allowances and provisions for credit losses is determined by the estimation of expected cash flows for individually assessed allowances, and methodology and assumptions used for collectively assessed allowances and provisions for groups of loans, guarantees and unused loan commitments.
Defined benefit obligation	(e) Defined benefit obligation The present value of a defined benefit obligation that is measured by actuarial valuation methods uses various assumptions which can change according to various elements. The rate used to discount post-employment benefit obligations is determined by reference to market yields at the end of the reporting period on high quality corporate bonds. The currency and term of the corporate bonds are consistent with the currency and estimated term of the post-employment benefit obligations. Actuarial gains and losses including experience adjustments and the effects of changes in actuarial assumptions are recognized in other comprehensive income. Other significant assumptions related to defined benefit obligations are based on current market situations.
Hedging relationship	(f) Hedging relationship The Group expects a high risk hedging effect throughout the hedging period in designating the hedging relationship and it is probable that the hedged transaction will be highly probable in the cash flow hedge.

Reporting entity (Tables)

Reporting entity (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of reporting entity [Abstract]
Ownership of Shinhan Financial Group and its material consolidated subsidiaries	(b) Ownership of Shinhan Financial Group and its major consolidated subsidiaries as of December 31, 2017 and 2018 are as follows: Date of financial Ownership (%) Investor Investee Location 2017 2018 Shinhan Financial Group Shinhan Bank Korea December 31 100.0 100.0 ” Shinhan Card Co., Ltd. ” ” 100.0 100.0 ” Shinhan Investment Corp. ” ” 100.0 100.0 ” Shinhan Life Insurance Co., Ltd. ” ” 100.0 100.0 ” Shinhan Capital Co., Ltd. ” ” 100.0 100.0 ” Jeju Bank (*1) ” ” 68.9 71.9 ” Shinhan Credit Information Co., Ltd. ” ” 100.0 100.0 ” Shinhan Alternative Investment Management Inc. ” ” 100.0 100.0 ” Shinhan BNP Paribas Asset Management Co., Ltd. ” ” 65.0 65.0 ” SHC Management Co., Ltd. ” ” 100.0 100.0 ” Shinhan DS (*2) ” ” 100.0 100.0 ” Shinhan Savings Bank ” ” 100.0 100.0 ” Shinhan AITAS Co., Ltd. ” ” 99.8 99.8 ” Shinhan REITs Management Co., Ltd. ” ” 100.0 100.0 Shinhan Bank Shinhan Asia Limited Hong Kong ” 99.9 99.9 ” Shinhan Bank America USA ” 100.0 100.0 ” Shinhan Bank Europe GmbH Germany ” 100.0 100.0 ” Shinhan Bank Cambodia (*3) Cambodia ” 97.5 97.5 ” Shinhan Bank Kazakhstan Limited Kazakhstan ” 100.0 100.0 ” Shinhan Bank Canada Canada ” 100.0 100.0 ” Shinhan Bank (China) Limited China ” 100.0 100.0 ” Shinhan Bank Japan Japan ” 100.0 100.0 ” Shinhan Bank Vietnam Ltd. Vietnam ” 100.0 100.0 ” Banco Shinhan de Mexico Mexico ” 100.0 100.0 ” PT Bank Shinhan Indonesia Indonesia ” 99.0 99.0 Shinhan Card Co., Ltd. LLP MFO Shinhan Finance Kazakhstan ” 100.0 100.0 ” PT. Shinhan Indo Finance Indonesia ” 50.0 50.0 ” Shinhan Microfinance Co., Ltd. Myanmar ” 100.0 100.0 Shinhan Investment Corp. Shinhan Investment Corp. USA Inc. USA ” 100.0 100.0 ” Shinhan Investment Corp. Asia Ltd. Hong Kong ” 100.0 100.0 Shinhan Investment Corp. SHINHAN SECURITIES VIETNAM CO., LTD. Vietnam December 31 100.0 100.0 ” PT. Shinhan Sekuritas Indonesia Indonesia ” 99.0 99.0 PT. Shinhan Sekuritas Indonesia PT Shinhan Asset Management Indonesia ” — 75.0 Shinhan BNP Paribas Asset Management Co., Ltd. Shinhan BNP Paribas Asset Management (Hong Kong) Limited Hong Kong ” 100.0 100.0 Shinhan DS SHINHAN DS VIETNAM CO.,LTD. Vietnam — 100.0 (*1) The Group participated in the capital increase of Jeju Bank by acquisition of 7,854,600 shares. ( W (*2) Shinhan Data System changed its name into Shinhan DS for the year ended December 31, 2018 and the Group participated in the capital increase of W (*3) Shinhan Khmer Bank PLC changed its name into Shinhan Bank Cambodia for the period ended December 31, 2018.

Significant accounting polici_3

Significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of significant accounting policies [Abstract]
Property and equipment, estimated useful lives	The estimated useful lives for the current and comparative periods are as follows: Descriptions Useful lives Buildings 40 years Other properties 4~5 years
Intangible assets, estimated useful lives	Descriptions Useful lives Software and capitalized development cost 5 years Other intangible assets 5 years or contract periods, whichever the shorter
Investment property, estimated useful lives	The depreciation method and the estimated useful lives for the current and comparative periods were as follows: Descriptions Depreciation method Useful lives Buildings Straight-line 40 years

Financial risk management (Tabl

Financial risk management (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of financial risk management [Abstract]
Maximum exposure to credit risk	ii) Maximum exposure to credit risk Exposure to credit risk is the exposure related to due from banks, loans, investments in debt securities, derivative transactions, off-balance The Group’s maximum exposure to credit risk without taking into account of any collateral held or other credit enhancements as of December 31, 2017 and December 31, 2018 are as follows: 2017 Due from banks and loans (*1)(*3): Banks W 13,373,140 Retail 124,868,554 Government 14,442,747 Corporations 123,637,882 Card receivable 20,119,514 296,441,837 Trading assets 23,829,943 Financial assets designated at FVTPL 2,344,701 AFS financial assets 37,186,552 HTM financial assets 24,990,680 Derivative assets 3,400,178 Other financial assets (*1)(*2) 12,041,304 Financial guarantee contracts 3,267,707 Loan commitments and other credit liabilities 139,264,031 W 542,766,933 (*1) The maximum exposure amounts for due from banks, loans and other financial assets are recorded as net of allowances. (*2) Other financial assets mainly comprise brokerage, securities and spot transaction related receivables, accrued interest receivables, secured key money deposits and domestic exchange settlement debit settled in a day. (*3) Due from banks and loans were classified as similar credit risk group when calculating the BIS ratio under new Basel Capital Accord (Basel III). 2018 Due from banks and loans at amortized cost (*1)(*3): Banks W 17,935,816 Retail 136,499,558 Government 6,517,215 Corporations 131,795,992 Card receivable 21,592,287 314,340,868 Deposits and loans at FVTPL (*1)(*3) Bank 890,660 Corporations 1,189,190 2,079,850 Securities at FVTPL 40,289,846 Securities measured at fair value – OCI 37,677,646 Securities measured at amortized cost 28,478,136 Derivative assets 1,793,613 Other financial assets (*1)(*2) 16,837,141 Financial guarantee contracts 4,413,874 Loan commitments and other credit liabilities 165,399,937 W (*1) The maximum exposure amounts for due from banks, loans and other financial assets at amortized cost are recorded as net of allowances. (*2) Other financial assets mainly comprise brokerage, securities and spot transaction related receivables, accrued interest receivables, secured key money deposits and domestic exchange settlement debit settled in a day. (*3) Due from banks and loans were classified as similar credit risk group when calculating the BIS ratio under new Basel Capital Accord (Basel III).
Maximum amount of exposure to credit risk by type of collateral of held financial instruments	iii) The maximum amount of exposure to credit risk by type of collateral of held financial instruments as of December 31, 2018 is as follows: 12 months Life time expected credit loss Total Classification Not recognized Recognized Guarantee W 13,608,254 3,870,047 61,623 17,539,924 Deposits and Savings 1,016,391 241,567 1,379 1,259,337 Property and equipment 1,051,573 244,571 18,766 1,314,910 Real estate 119,174,347 13,856,638 281,943 133,312,928 Securities 3,460,263 105,397 — 3,565,660 Other 2,593,792 28 218 2,594,038 Total W 140,904,620 18,318,248 363,929 159,586,797
Credit loss allowances of financial assets	• Credit loss allowances of financial assets as of December 31, 2018 are as follows: 12-month Life time expected credit loss Total Allowances Net Mitigation of due to Grade 1 (*1) Grade 2 (*1) Grade 1 (*1) Grade 2 (*1) Impaired Due from banks and loans at amortized cost: Banks W 16,873,064 980,673 94,866 11,493 — 17,960,096 (24,280 ) 17,935,816 55,008 Retail 122,318,451 6,122,202 4,991,709 3,103,779 402,975 136,939,116 (439,558 ) 136,499,558 81,216,489 Government 6,474,219 2,399 45,871 — — 6,522,489 (5,274 ) 6,517,215 17,050 Corporations 82,476,923 28,445,914 9,800,260 11,659,375 882,394 133,264,866 (1,468,874 ) 131,795,992 74,069,579 Card receivable 16,129,536 2,022,525 1,791,147 2,039,390 411,595 22,394,193 (801,906 ) 21,592,287 7,599 244,272,193 37,573,713 16,723,853 16,814,037 1,696,964 317,080,760 (2,739,892 ) 314,340,868 155,365,725 Securities at fair value through other comprehensive income (*2) 30,705,879 6,865,937 — 105,830 — 37,677,646 — 37,677,646 — Securities at amortized cost 27,661,749 803,174 22,474 — — 28,487,397 (9,261 ) 28,478,136 — Ending balance W 302,639,821 45,242,824 16,746,327 16,919,867 1,696,964 383,245,803 (2,749,153 ) 380,496,650 155,365,725 (*1) Credit quality of due from banks and loans was classified based on the internal credit rating as follows: Type of Borrower Grade 1 Grade 2 Banks and governments OECD sovereign credit rating of 6 or above (as applied to the nationality of the banks and governments) OECD sovereign credit rating of below 6 (as applied to the nationality of the banks and governments) Retail Pool of retail loans with probability of default of less than 2.25% Pool of retail loans with probability of default of 2.25% or more Corporations Internal credit rating of BBB+ or above Internal credit rating of below BBB+ (Probability of default for loans with internal credit rating of BBB is 2.25%) Credit cards For individual card holders, score of 7 or higher in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans For individual card holders, score of below 7 in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans (*2) Provision for credit loss allowance for securities at fair value through other comprehensive income amounted to W
Credit quality of due from banks and loans that are neither past due nor impaired	• Credit quality of due from banks and loans that are neither past due nor impaired as of December 31, 2017 are as follows: 2017 Banks Retail Government Corporations Card Total Grade 1 (*3) W 13,382,414 116,304,917 14,447,016 86,831,895 16,314,189 247,280,431 Grade 2 (*3) 7,857 8,056,563 — 36,835,347 3,473,826 48,373,593 13,390,271 124,361,480 14,447,016 123,667,242 19,788,015 295,654,024 Less: allowance (collective) (17,131 ) (212,502 ) (4,269 ) (647,694 ) (288,362 ) (1,169,958 ) W 13,373,140 124,148,978 14,442,747 123,019,548 19,499,653 294,484,066 Mitigation of credit risk due to collateral (*2) W 96,835 80,354,889 — 64,018,607 6,358 144,476,689 (*1) Credit quality of deposits and loans is classified according to internal credit rating. (*2) The credit risk mitigation effect of the collateral was estimated based on the fair value of the collateral. (*3) Credit quality of due from banks and loans was classified based on the internal credit rating as follows: Type of Borrower Grade 1 Grade 2 Banks and governments OECD sovereign credit rating of 6 or above (as applied to the nationality of the banks and governments) OECD sovereign credit rating of below 6 (as applied to the nationality of the banks and governments) Retail Pool of retail loans with probability of default of less than 2.25% Pool of retail loans with probability of default of 2.25% or more Corporations Internal credit rating of BBB+ or above Internal credit rating of below BBB+ (Probability of default for loans with internal credit rating of BBB is 2.25%) Credit cards For individual card holders, score of 7 or higher in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans For individual card holders, score of below 7 in Shinhan Card’s internal behavior scoring system For corporate cardholders, same as corporate loans
Aging analyses of due from banks and loans that are past due but not impaired	• Aging analyses of due from banks and loans that are past due but not impaired as of December 31, 2017 are as follows: 2017 Banks Retail Government Corporations Card Total Less than 30 days W — 458,968 — 131,624 446,658 1,037,250 30 days ~ less than 60 days — 65,152 — 33,749 58,283 157,184 60 days ~ less than 90 days — 42,427 — 16,972 37,972 97,371 90 days or more — 15,430 — 11,787 390 27,607 — 581,977 — 194,132 543,303 1,319,412 Less: allowance — (56,774 ) — (8,898 ) (81,990 ) (147,662 ) W — 525,203 — 185,234 461,313 1,171,750 Mitigation of credit risk due to collateral W — 325,631 — 94,388 90 420,109
Due from banks and loans that are impaired	• Due from banks and loans that are impaired as of December 31, 2017 are as follows: 2017 Banks Retail Government Corporations Card Total Impaired W — 362,707 — 1,010,036 420,316 1,793,059 Less: allowance — (168,334 ) — (576,936 ) (261,768 ) (1,007,038 ) W — 194,373 — 433,100 158,548 786,021 Mitigation of credit risk due to collateral W — 128,906 — 384,815 12 513,733
Credit risk exposures per credit grade of off-balance items	v) Credit risk exposures per credit grade of off-balance • Credit risk exposures per credit grade of off-balance 2018 Grade 1 (*1) Grade 2 (*1) Impaired Total Financial guarantee: 12-month W 2,137,695 1,975,877 — 4,113,572 Life time expected credit loss 146,236 152,277 — 298,513 Impaired — — 1,789 1,789 2,283,931 2,128,154 1,789 4,413,874 Loan commitment and other credit line: 12-month 137,920,323 19,044,745 — 156,965,068 Life time expected credit loss 6,636,365 1,787,965 — 8,424,330 Impaired — — 10,539 10,539 144,556,688 20,832,710 10,539 165,399,937 W 146,840,619 22,960,864 12,328 169,813,811 (*1) Grade 1: BBB+ or above per internal credit rating Grade 2: Below BBB+ per internal credit rating
Credit ratings of debt securities	vi) Credit ratings of debt securities • Credit ratings of debt securities as of December 31, 2017 are as follows: 2017 Trading assets Financial assets Available–for- Held-to-maturity Total AAA W 8,837,093 630,247 23,949,843 20,057,480 53,474,663 AA- 5,193,659 589,193 5,582,125 3,956,290 15,321,267 A- 5,442,892 792,715 4,300,764 444,711 10,981,082 BBB- 1,614,012 252,258 1,508,224 166,906 3,541,400 Lower than BBB- 275,200 — 435,651 177,840 888,691 Unrated 2,277,790 80,288 1,409,945 187,453 3,955,476 W 23,640,646 2,344,701 37,186,552 24,990,680 88,162,579 • The credit quality of securities (debt securities) according to the credit ratings by external rating agencies is as follows: Internal credit ratings KIS (*1) KR (*2) S&P Fitch Moody’s AAA — — AAA AAA Aaa AA- AAA AAA AA- AA- Aa3 to Aa1 A- AA- AA- A- A- A3 to A1 BBB- BBB- BBB- BBB- BBB- Baa3 to Baa1 Lower than BBB- Lower than BBB- Lower than BBB- Lower than BBB- Lower than BBB- Lower than Baa3 Unrated Unrated Unrated Unrated Unrated Unrated (*1) KIS: Korea Investors Service (*2) KR: Korea Ratings
Credit status of debt securities	• Credit status of debt securities as of December 31, 2017 are as follows: 2017 Neither past due nor impaired W 88,160,626 Impaired 1,953 W 88,162,579
Credit quality of derivative assets	• Credit quality of derivative assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Grade 1 (*1)(*2) W 3,290,638 1,687,005 Grade 2 (*1)(*2) 109,540 106,608 W 3,400,178 1,793,613 (*1) Credit qualities of derivative assets were classified based on the internal credit ratings of counterparties. (*2) Grade 1: Internal credit rating of BBB+ or above, Grade 2: Internal credit rating of below BBB+
Concentration by geographic location	vii) Concentration by geographic location An analysis of concentration by geographic location for financial instrument, net of allowance, as of December 31, 2017 and 2018 are as follows: 2017 Korea USA England Japan Germany Vietnam China Other Total Due from banks and loans: Banks W 6,315,655 1,186,576 205,705 268,533 144,382 583,094 3,420,223 1,248,972 13,373,140 Retail 119,993,323 346,746 3,811 2,695,890 2,057 745,725 615,079 465,923 124,868,554 Government 12,887,534 130,553 — 388,142 134,011 35,786 664,030 202,691 14,442,747 Corporations 110,025,699 2,371,400 175,038 2,169,445 73,998 1,613,022 2,530,507 4,678,773 123,637,882 Card 20,002,457 7,434 282 2,208 174 76,608 16,806 13,545 20,119,514 269,224,668 4,042,709 384,836 5,524,218 354,622 3,054,235 7,246,645 6,609,904 296,441,837 Trading assets 23,294,062 235,474 189,297 985 8,704 5,074 60,037 36,310 23,829,943 Financial assets designated at FVTPL 2,262,222 82,479 — — — — — — 2,344,701 AFS financial assets 34,323,438 1,242,570 14,517 163,652 32,148 474,134 510,678 425,415 37,186,552 HTM financial assets 22,458,896 1,466,037 — 34,487 — 237,641 37,096 756,523 24,990,680 W 351,563,286 7,069,269 588,650 5,723,342 395,474 3,771,084 7,854,456 7,828,152 384,793,713 2018 Korea USA England Japan Germany Vietnam China Other Total Due from banks and loans at amortized cost: Banks W 8,996,272 1,712,675 462,540 640,895 213,399 947,315 3,221,442 1,741,278 17,935,816 Retail 130,034,683 359,668 4,432 3,440,623 2,151 1,031,299 974,568 652,134 136,499,558 Government 4,257,877 499,742 — 750,676 108,667 182,822 546,597 170,834 6,517,215 Corporations 116,621,693 2,707,273 109,295 2,578,989 96,468 1,846,470 2,621,744 5,214,060 131,795,992 Card 21,453,128 8,435 301 2,107 208 92,992 20,785 14,331 21,592,287 281,363,653 5,287,793 576,568 7,413,290 420,893 4,100,898 7,385,136 7,792,637 314,340,868 Deposits and loans at FVTPL: Bank 186,465 704,195 — — — — — — 890,660 Corporations 1,189,190 — — — — — — — 1,189,190 1,375,655 704,195 — — — — — — 2,079,850 Securities measured at FVTPL 38,782,201 973,716 163,658 28,062 11,507 20,740 104,853 205,109 40,289,846 Securities at FVOCI 34,667,702 1,209,756 21,749 197,234 46,417 392,668 616,143 525,977 37,677,646 Securities at amortized cost 26,053,245 1,048,909 — 68,594 — 360,953 34,923 911,512 28,478,136 W 382,242,456 9,224,369 761,975 7,707,180 478,817 4,875,259 8,141,055 9,435,235 422,866,346
Concentration by industry sector	viii) Concentration by industry sector An analysis of concentration by industry sector of financial instrument, net of allowance, as of December 31, 2017 and 2018 are as follows: 2017 Finance and Manu- Retail and Real estate Construction Hotel and food Other Retail Total Due from banks and loans at amortized cost: Banks W 11,094,855 1,592 — 56,744 — — 2,219,949 — 13,373,140 Retail — — — — — — — 124,868,554 124,868,554 Government 13,381,461 1,314 — — — — 1,059,972 — 14,442,747 Corporations 5,474,353 40,364,768 16,563,849 23,005,675 2,880,851 2,413,929 32,934,457 — 123,637,882 Card receivable 41,825 295,290 140,117 37,801 38,580 12,257 395,145 19,158,499 20,119,514 29,992,494 40,662,964 16,703,966 23,100,220 2,919,431 2,426,186 36,609,523 144,027,053 296,441,837 Trading assets 17,183,669 1,139,609 1,206,133 176,273 112,409 71,656 3,940,194 — 23,829,943 Financial asset designated at fair value through profit or loss 1,201,464 202,906 36,112 45,178 27,678 — 831,363 — 2,344,701 AFS financial assets 23,384,608 1,409,017 227,289 632,410 348,269 — 11,184,959 — 37,186,552 HTM financial assets 5,975,448 48,981 — 785,859 557,591 — 17,622,801 — 24,990,680 W 77,737,683 43,463,477 18,173,500 24,739,940 3,965,378 2,497,842 70,188,840 144,027,053 384,793,713 2018 Finance and Manu- Retail and Real estate Construction Hotel and food Other Retail customers Total Due from banks and loans at amortized cost: Banks W 17,579,099 2,219 — 300 — — 354,198 — 17,935,816 Retail — — — — — — — 136,499,558 136,499,558 Government 6,385,776 — — 2,795 — — 128,644 — 6,517,215 Corporations 8,456,599 43,957,565 17,420,532 27,009,286 3,272,406 5,610,146 26,066,753 2,705 131,795,992 Card receivable 36,343 210,324 169,070 43,236 42,209 23,506 20,968,820 98,779 21,592,287 32,457,817 44,170,108 17,589,602 27,055,617 3,314,615 5,633,652 47,518,415 136,601,042 314,340,868 Deposits and loans at FVTPL: Bank 870,656 — — 20,004 — — — — 890,660 Corporations 554,832 213,715 209,631 2,593 1,621 900 205,898 — 1,189,190 1,425,488 213,715 209,631 22,597 1,621 900 205,898 — 2,079,850 Securities measured at FVTPL 25,067,491 1,646,132 1,185,571 342,124 208,455 60,829 11,779,244 — 40,289,846 Securities at FVOCI 22,436,768 1,695,624 302,789 480,979 480,585 — 12,280,901 — 37,677,646 Securities at amortized cost 6,634,975 99,437 — 775,580 595,334 — 20,372,810 — 28,478,136 W 88,022,539 47,825,016 19,287,593 28,676,897 4,600,610 5,695,381 92,157,268 136,601,042 422,866,346
Market risk management from trading positions	An analysis of the Group’s requisite capital in light of the market risk for trading positions as of and for the years ended December 31, 2017 and 2018 based on the standard guidelines for risk management promulgated by the Financial Supervisory Service, was as follows: 2017 Average Maximum Minimum December 31 Interest rate W 431,065 463,340 414,689 415,139 Stock price 186,652 225,553 157,730 199,041 Foreign exchange 113,208 121,041 105,823 121,041 Commodity 11,395 22,366 4,562 4,562 Option volatility 10,405 12,599 7,809 12,599 W 752,725 844,899 690,613 752,382 2018 Average Maximum Minimum December 31 Interest rate W 425,235 453,644 403,195 453,644 Stock price 201,408 227,167 143,238 143,238 Foreign exchange 143,202 174,702 124,292 139,617 Commodity 6,250 9,026 4,501 6,343 Option volatility 34,334 56,834 22,045 56,834 W 810,429 921,373 697,271 799,676 i-1) The analyses of the ten-day 2017 Average Maximum Minimum December 31 Interest rate W 38,370 50,206 22,226 25,071 Stock price 4,051 5,622 3,040 4,675 Foreign exchange (*) 43,827 46,108 41,562 41,947 Option volatility 70 124 43 66 Commodity 22 46 — 14 Portfolio diversification — — — (26,367 ) W 49,943 56,103 42,031 45,406 2018 Average Maximum Minimum December 31 Interest rate W 22,559 29,748 16,194 18,797 Stock price 12,118 25,701 1,976 22,212 Foreign exchange (*) 39,282 45,738 34,162 34,294 Option volatility 131 511 30 261 Commodity 17 61 — 24 Portfolio diversification — — — (21,298 ) W 43,957 57,462 38,026 54,290 (*) Both trading and non-trading i-2) The analyses of Shinhan Card’s requisite capital in light of the market risk for trading positions as of and for the years ended December 31 2017, and 2018, based on the standard guidelines for risk management promulgated by the Financial Supervisory Service, are as follows: 2017 Average Maximum Minimum December 31 Interest rate W 1,809 2,550 1,050 1,800 2018 Average Maximum Minimum December 31 Interest rate W 1,257 1,972 768 1,269 (*) The subsidiaries that are located overseas are excluded from the calculation. i-3) The analyses of the ten-day 2017 Average Maximum Minimum December 31 Interest rate W 9,939 18,090 7,329 11,232 Stock price 12,015 22,496 7,068 10,830 Foreign exchange 7,140 12,604 2,760 5,506 Option volatility 3,404 4,536 2,710 3,216 Portfolio diversification (9,583 ) W 22,221 34,564 12,980 21,201 2018 Average Maximum Minimum December 31 Interest rate W 7,563 14,314 3,656 7,321 Stock price 64,107 103,846 6,202 43,748 Foreign exchange 5,992 13,798 154 154 Option volatility 9,200 31,810 2,195 31,810 Portfolio diversification (1,375 ) W 74,821 128,261 11,174 81,658 i-4) Shinhan Life Insurance The analyses of the ten-day 2017 Average Maximum Minimum December 31 Interest rate W 3,838 16,598 85 3,848 Stock price 1,195 3,368 — 3,178 Foreign exchange 1,213 3,569 3 1,924 Option volatility 5,083 7,423 2,777 3,809 W 11,329 30,958 2,865 12,759 2018 Average Maximum Minimum December 31 Interest rate W 2,994 6,410 260 293 Stock price 4,084 4,933 2,030 4,793 Foreign exchange 1,111 2,825 40 352 Option volatility 824 4,916 89 106 W 9,013 19,084 2,419 5,544
Interest rate risk management from non-trading positions	Non-trading ii-1) 2017 2018 VaR (*1) W 293,355 164,393 EaR (*2) 174,262 316,718 ii-2) 2017 2018 VaR (*1) W 147,932 163,804 EaR (*2) 32,081 28,267 ii-3) 2017 2018 VaR (*1) W 44,505 31,274 EaR (*2) 108,866 112,093 ii-4) 2017 2018 VaR (*1) W 319,689 442,008 EaR (*2) 70,434 61,942 (*1) The interest rate VaR represents the maximum anticipated loss in a net asset value in one year under confidence level of 99.9% and is measured by the internal model with one year look-back period. (*2) The interest rate EaR was calculated by the Financial Supervisory Service regulations based on the “middle of time band” and interest shocks by 200 basis points for each time bucket as recommended under the Basel Accord.
Foreign currency denominated assets and liabilities	Foreign currency denominated assets and liabilities as of December 31, 2017 and 2018 are as follows: 2017 USD JPY EUR CNY Other Total Assets: Cash and due from banks W 3,589,642 983,260 324,246 1,940,542 1,652,631 8,490,321 Trading assets 1,911,537 6,314 181,023 — 233,924 2,332,798 Financial assets designated at FVTPL 884,946 — — — 197 885,143 Derivative assets 74,083 4 766 203 1,455 76,511 Loans 14,967,502 5,741,854 1,196,346 2,774,264 5,059,707 29,739,673 AFS financial assets 2,725,039 113,239 52,583 395,150 666,486 3,952,497 HTM financial assets 1,513,025 137,100 — 37,096 1,000,064 2,687,285 Other financial assets 1,646,688 288,243 154,853 458,166 289,715 2,837,665 W 27,312,462 7,270,014 1,909,817 5,605,421 8,904,179 51,001,893 Liabilities: Deposits W 12,367,273 6,307,142 759,380 4,289,224 4,930,479 28,653,498 Trading liabilities 2,602 — — — 434,586 437,188 Financial liabilities designated at FVTPL 983,382 — — — — 983,382 Derivative liabilities 105,141 195 631 4,734 713 111,414 Borrowings 5,385,706 294,000 231,539 407,678 68,988 6,387,911 Debt securities issued 4,913,896 249,616 31,981 196,380 1,018,628 6,410,501 Other financial liabilities 2,612,191 208,516 208,665 472,207 278,181 3,779,760 W 26,370,191 7,059,469 1,232,196 5,370,223 6,731,575 46,763,654 Net assets W 942,271 210,545 677,621 235,198 2,172,604 4,238,239 Off-balance 130,976 6,094 (586,904 ) 80,183 (623,648 ) (993,299 ) Net position W 1,073,247 216,639 90,717 315,381 1,548,956 3,244,940 2018 USD JPY EUR CNY Other Total Assets: Cash and due from banks at amortized cost W 4,797,714 1,216,221 259,631 1,595,799 1,654,668 9,524,033 Due from banks at FVTPL 704,195 — — — — 704,195 Loan receivables measured at FVTPL 347,966 3,430 4,127 — — 355,523 Loan at amortized cost 16,301,367 6,862,146 1,275,174 3,496,937 5,934,670 33,870,294 Securities at FVTPL 3,812,541 998 81,300 — 313,750 4,208,589 Derivative assets 133,197 285 2,299 406 11,875 148,062 Securities at FVOCI 3,209,293 125,512 — 357,682 728,456 4,420,943 Securities at amortized cost 1,405,775 128,512 — 34,955 1,175,733 2,744,975 Other financial assets 2,958,609 135,984 70,321 456,405 357,856 3,979,175 W 33,670,657 8,473,088 1,692,852 5,942,184 10,177,008 59,955,789 Liabilities: Deposits W 13,333,500 7,217,318 727,291 4,565,067 5,232,529 31,075,705 Financial liabilities at FVTPL 4,389 — — — 458,934 463,323 Derivative liabilities 172,556 — 1,914 2,089 4,892 181,451 Borrowings 6,287,797 446,102 280,949 395,719 173,731 7,584,298 Debt securities issued 6,517,415 317,125 293,708 — 1,715,780 8,844,028 Financial liabilities designated at FVTPL 1,168,024 — — — — 1,168,024 Other financial liabilities 2,684,717 192,161 125,434 573,544 548,754 4,124,610 W 30,168,398 8,172,706 1,429,296 5,536,419 8,134,620 53,441,439 Net assets W 3,502,259 300,382 263,556 405,765 2,042,388 6,514,350 Off-balance (2,056,586 ) (157,445 ) (217,232 ) (34,986 ) (164,797 ) (2,631,046 ) Net position W 1,445,673 142,937 46,324 370,779 1,877,591 3,883,304
Contractual maturities for financial instruments including cash flows of principal and interest and off balance	Contractual maturities for financial instruments including cash flows of principal and interest and off balance as of December 31, 2017 and 2018 are as follows: 2017 Less than 1 1~3 3~6 6 months 1~5 More than Total Non-derivative Assets: Cash and due from banks W 19,576,010 868,907 945,027 1,290,451 8,320 49,767 22,738,482 Trading assets (*3) 27,327,076 627,936 247,905 54,631 183,577 31,862 28,472,987 Financial assets designated at fair value through profit or loss 2,819,112 35,001 91,487 20,097 364,898 248,609 3,579,204 Loans 29,831,671 34,176,546 43,120,328 63,496,597 76,247,244 59,983,675 306,856,061 Available-for-sale 37,273,740 352,098 20,013 2,472,184 408,106 1,598,529 42,124,670 Held-to-maturity 153,833 178,514 309,115 1,672,095 15,018,937 14,954,247 32,286,741 Other financial assets 10,457,000 13,915 22,999 401,431 1,151,508 104,097 12,150,950 W 127,438,442 36,252,917 44,756,874 69,407,486 93,382,590 76,970,786 448,209,095 Liabilities: Deposits (*2) W 130,916,019 21,725,284 31,482,983 52,440,287 16,137,734 1,940,194 254,642,501 Trading liabilities (*3) 1,848,490 — — — — — 1,848,490 Financial liabilities designated at fair value through profit or loss 303,065 324,807 548,868 916,388 5,106,209 1,098,518 8,297,855 Borrowings 15,286,424 2,543,847 1,655,662 2,823,721 3,658,670 1,844,417 27,812,741 Debt securities issued 2,261,028 3,717,185 3,651,503 10,565,098 30,391,156 4,224,471 54,810,441 Other financial liabilities 19,387,718 42,948 137,810 335,104 363,245 59,188 20,326,013 W 170,002,744 28,354,071 37,476,826 67,080,598 55,657,014 9,166,788 367,738,041 Off balance (*4): Finance guarantee contracts W 3,267,707 — — — — — 3,267,707 Loan commitments and other 140,675,467 — — — — — 140,675,467 W 143,943,174 — — — — — 143,943,174 Derivatives: Cash inflows W 3,735,274 790,313 829,659 1,411,010 2,684,189 143,032 9,593,477 Cash outflows (3,324,459 ) (498,396 ) (727,887 ) (1,321,939 ) (2,594,372 ) (60,717 ) (8,527,770 ) W 410,815 291,917 101,772 89,071 89,817 82,315 1,065,707 2018 Less than 1 1~3 3~6 6 months 1~5 More than Total Non-derivative Assets: Cash and due from banks at amortized cost W 14,451,366 796,510 905,259 1,196,790 1,526 57,259 17,408,710 Due from banks at fair value through profit or loss 115,476 131,712 518,109 105,359 6,053 — 876,709 Loans at fair value through profit or loss 290,724 388,218 42,550 201,591 257,873 48,982 1,229,938 Loans at amortized cost 34,025,588 34,254,065 45,151,571 68,239,781 87,760,434 66,889,553 336,320,992 Securities at fair value through profit or loss 36,043,891 41,287 35,677 403,849 1,572,268 3,351,681 41,448,653 Securities at fair value through other comprehensive income 37,519,813 12,093 5,145 20,291 255,091 507,920 38,320,353 Securities at amortized cost 505,417 1,378,525 481,193 2,270,447 15,067,164 16,896,833 36,599,579 Other financial assets 15,130,599 5,629 19,173 433,060 92,753 1,215,953 16,897,167 W 138,082,874 37,008,039 47,158,677 72,871,168 105,013,162 88,968,181 489,102,101 Liabilities: Deposits (*2) W 123,166,403 24,736,962 34,096,334 56,060,670 28,316,319 2,880,197 269,256,885 Financial liabilities at fair value through profit or loss 1,402,726 193 53 10,403 10,124 — 1,423,499 Borrowings 13,542,317 2,879,693 2,207,560 2,965,132 5,854,335 2,553,162 30,002,199 Debt securities issued 3,779,407 5,433,266 5,633,286 10,468,221 36,694,200 5,291,240 67,299,620 Financial liabilities designated at fair value through profit or loss 332,249 303,996 171,927 1,061,443 5,552,824 1,113,361 8,535,800 Other financial liabilities 19,423,802 22,744 110,883 146,256 432,277 71,318 20,207,280 W 161,646,904 33,376,854 42,220,043 70,712,125 76,860,079 11,909,278 396,725,283 Off balance (*4): Finance guarantee contracts W 4,413,874 — — — — — 4,413,874 Loan commitments and other 166,498,542 — — — — — 166,498,542 W 170,912,416 — — — — — 170,912,416 Derivatives: Cash inflows W 2,402,504 585,267 814,009 1,110,368 6,223,707 6,746,091 17,881,946 Cash outflows (2,854,430 ) (591,008 ) (840,579 ) (1,116,920 ) (6,261,239 ) (6,756,747 ) (18,420,923 ) W (451,926 ) (5,741 ) (26,570 ) (6,552 ) (37,532 ) (10,656 ) (538,977 ) (*1) These amounts include cash flows of principal and interest on financial assets and financial liabilities. (*2) Demand deposits amounting to W W (*3) Short-term financial instruments that are valued at market prices are classified as the shortest within one month. (*4) Financial guarantees such as financial guarantee contracts and loan commitments and others provided by the Group are classified based on the earliest date at which the Group should fulfill the obligation under the guarantee when the counterparty requests payment.
The fair value hierarchy of financial instruments presented at their fair values in the statements of financial position	• The fair value hierarchy of financial instruments presented at their fair values in the statements of financial position as of December 31, 2017 and 2018 are as follows: 2017 Level 1 Level 2 Level 3 Total Financial assets Trading assets: Debt securities W 5,897,898 17,479,033 263,715 23,640,646 Equity securities 1,350,888 2,872,437 411,028 4,634,353 Gold deposits 189,297 — — 189,297 Financial assets designated at fair value through profit or loss: Debt securities and others 569,259 1,509,023 266,419 2,344,701 Equity securities 3,475 948,705 282,176 1,234,356 Derivative assets: Trading 31,858 2,955,377 293,540 3,280,775 Hedging — 117,603 1,800 119,403 Available-for-sale Debt securities 10,493,483 26,286,175 406,894 37,186,552 Equity securities 427,227 613,616 3,889,542 4,930,385 W 18,963,385 52,781,969 5,815,114 77,560,468 Financial liabilities: Trading liabilities: Securities sold W 1,413,904 — — 1,413,904 Gold deposits 434,586 — — 434,586 Financial liabilities designated at fair value through profit or loss: Securities sold 36,973 — — 36,973 Derivatives-combined securities — 986,882 7,273,754 8,260,636 Derivative liabilities: Trading 20,738 2,706,249 77,847 2,804,834 Hedging — 257,665 425,162 682,827 W 1,906,201 3,950,796 7,776,763 13,633,760 2018 Level 1 Level 2 Level 3 Total Financial assets Due from banks measured at FVTPL W — 57,236 813,420 870,656 Loan receivables measured at FVTPL — 891,636 317,558 1,209,194 Financial assets at FVTPL: Debt securities and other securities 5,084,767 29,552,429 5,497,769 40,134,965 Equity securities 528,113 143,139 493,818 1,165,070 Gold deposits 154,881 — — 154,881 Derivative assets: Trading 62,275 1,548,769 116,277 1,727,321 Hedging — 61,706 4,586 66,292 Securities measured at FVOCI: Debt securities 10,532,244 27,095,555 49,846 37,677,645 Equity securities 135,866 — 500,659 636,525 W 16,498,146 59,350,470 7,793,933 83,642,549 Financial liabilities: Financial liabilities measured at FVTPL: Securities sold W 961,372 — — 961,372 Gold deposits 458,934 — — 458,934 Financial liabilities designated at fair value through profit or loss: Derivatives-combined securities — 1,702,063 6,833,737 8,535,800 Derivative liabilities: Trading 116,160 1,444,545 285,965 1,846,670 Hedging — 232,102 361,120 593,222 W 1,536,466 3,378,710 7,480,822 12,395,998
Changes in carrying values of financial instruments classified as Level 3	• Changes in carrying values of financial instruments classified as Level 3 for the years ended December 31, 2017 and 2018 are as follows: 2017 Trading Financial assets Available-for-sale Derivative assets Financial Beginning balance W 82,477 614,039 3,883,441 (492,136 ) (7,574,327 ) Recognized in total comprehensive income for the year: Recognized in profit (loss) for the year (*1) 41,127 (9,202 ) (200,701 ) 634,438 (913,760 ) Recognized in other comprehensive income (loss) for the year — — (3,149 ) — — 41,127 (9,202 ) (203,850 ) 634,438 (913,760 ) Purchase 589,144 210,856 1,150,904 29,333 — Issue — — — 4,541 (8,710,656 ) Settlement (139,562 ) (267,098 ) (565,146 ) (383,873 ) 9,924,989 Transfer in (*2) 101,557 — 31,087 28 — Transfer out (*2) — — — — — Ending balance W 674,743 548,595 4,296,436 (207,669 ) (7,273,754 ) 2018 Financial Financial asset Securities Derivative Financial Beginning balance W 5,831,369 152,091 621,207 (250,662 ) (7,273,754 ) Recognized in total comprehensive income for the year: Recognized in profit (loss) for the year (*1) 359,160 3,390 4,692 (128,816 ) 10,090 Recognized in other comprehensive income (loss) for the year — — 29,388 — 235 359,160 3,390 34,080 (128,816 ) 10,325 Purchase 2,143,853 — 2,510 2,236 — Issue — — — — (7,127,670 ) Settlement (1,212,202 ) (155,481 ) (107,292 ) (148,987 ) 7,557,362 Transfer in (*2) 1,370 — — 6 — Transfer out (*2) (985 ) — — — — Ending balance W 7,122,565 — 550,505 (526,223 ) (6,833,737 ) (*1) Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 for the years ended December 31, 2017 and 2018 are included in the accounts of the statements of comprehensive income, of which the amounts and the related accounts are as follows: 2017 Amounts recognized in Recognized profit or loss from Trading income W 843,657 121,643 Loss on financial instruments designated at FVTPL (922,962 ) (129,654 ) Gain on disposal of available-for-sale 17,193 977 Impairment losses on financial assets (180,206 ) (180,206 ) Other operating expenses (205,780 ) (216,135 ) W (448,098 ) (403,375 ) 2018 Amounts recognized in Recognized profit or loss from Net gain (loss) on financial assets at fair value through profit or loss W 179,658 (14,586 ) Net gain on financial assets designated at fair value through profit or loss 10,090 392,096 Net gain on securities at fair value through other comprehensive income 2,575 — Reversal of (provision for) credit loss allowance 17 (28 ) Other operating expenses 56,176 57,317 W 248,516 434,799 (*2) Changes in levels for the financial instruments occurred due to the change in the availability of observable market data. The Group reviews the levels of financial instruments as of the end of the reporting period considering the related events and circumstances in the reporting period.
Valuation techniques and inputs used in measuring the fair value of financial instruments	• Valuation techniques and inputs used in measuring the fair value of financial instruments classified as level 2 as of December 31, 2018 are as follows: Type of financial instrument Valuation Carrying Significant inputs Assets Financial asset at fair value through profit or loss Debt securities DCF (*1), W 30,501,301 Discount rate Equity securities NAV (*2) 143,139 Price of underlying assets 30,644,440 Derivative assets Trading Option DCF (*1) 1,548,769 Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc. Hedging 61,706 1,610,475 Securities at fair value through other comprehensive income DCF (*1), 27,095,555 Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc. W 59,350,470 Liabilities Financial liabilities designated at fair value through profit or loss DCF (*1) W 1,702,063 Discount rate Derivative liabilities Trading Option DCF (*1) 1,444,545 Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc. Hedging 232,102 1,676,647 W 3,378,710 (*1) DCF: Discounted cash flow (*2) NAV: Net asset value • Valuation techniques and significant inputs, but not observable, used in measuring the fair value of financial instruments classified as level 3 as of December 31, 2018 are as follows: Type of financial instrument Valuation Carrying Significant unobservable inputs Range Financial assets Financial asset at fair value through profit or loss Debt securities DCF, W 6,628,747 The volatility of the underlying asset Correlations 16.39%~42.56% 1.26%~39.45% 0.00% Equity securities DCF, 493,818 The volatility of the underlying asset Correlations 5.80%~41.00% 7,122,565 Derivative assets Equity and foreign exchange related Option 43,183 The volatility of the underlying asset Correlations 2.20%~38.00% 12.00%~82.00% Interest rates related Option 44,848 The volatility of the underlying asset Regression coefficient Correlations 0.00%~1.00% 0.42%~1.65% 44.93%~91.00% Credit and commodity related Option 32,832 The volatility of the underlying asset Correlations 1.00%~33.00% 33.00%~67.00% 120,863 Securities at fair value through other comprehensive income Debt securities DCF 49,846 Discount rate 8.43%~17.40% Equity securities NAV 500,659 Growth rate 0.00%~3.00% 550,505 W 7,793,933 Type of financial instrument Valuation Type Carrying Significant unobservable inputs Range Financial liabilities Financial liabilities designated at fair value through profit or loss Equity related Option W The volatility of the underlying asset Correlations 0.00%~107.00% -42.00%~93% Derivative liabilities Equity and foreign exchange related Option 199,504 The volatility of the underlying asset Correlations 2.20%~98.00% -3.00%~82.00% Interest rates related Option 374,976 The volatility of the underlying asset Regression coefficient Correlations 0.00%~33.00% 0.42%~2.77% 28.15%~91.00% Credit and commodity related Option 72,605 The volatility of the underlying asset Correlations 1.00%~107.00% -20.00%~93.00% 647,085 W (*1) Option model that the Group uses in derivative valuation includes Black-Scholes model, Hull-White model, Monte Carlo simulation, etc. (*2) There is no disclosure for valuation techniques and input variables related to items where the carrying amount is recognized as a reasonable approximation of fair value and the carrying amount is disclosed at fair value.
Sensitivity analysis for fair value measurements in Level 3	• Sensitivity analysis for fair value measurements in Level 3 Although the Group believes that its estimates of fair value are appropriate, the use of different methodologies or assumptions could lead to different measurements of fair value. For level 3 fair value measurement, changing one or more of the unobservable inputs used to reasonably possible alternative assumptions would have the following effects on profit or loss, or other comprehensive income as of December 31, 2017 and 2018. 2017 Favorable Unfavorable Financial assets: Effects on profit or loss for the period (*1): Trading assets W 2,792 (2,742 ) Financial assets designated at fair value through profit or loss 1,843 (1,941 ) Derivative assets 29,059 (28,077 ) 33,694 (32,760 ) Effects on other comprehensive income for the period: Available-for-sale 39,460 (25,505 ) W 73,154 (58,265 ) Financial liabilities: Effects on profit or loss for the period (*1): Financial liabilities designated at fair value through profit or loss W 72,063 (56,754 ) Derivative liabilities 32,770 (33,343 ) W 104,833 (90,097 ) 2018 Favorable Unfavorable Financial assets: Effects on profit or loss for the period (*1): Financial asset at fair value through profit or loss W 45,760 (20,662 ) Derivative assets 28,115 (27,201 ) 73,875 (47,863 ) Effects on other comprehensive income for the period: Securities at fair value through other comprehensive income (*2) 23,885 (17,231 ) W 97,760 (65,094 ) Financial liabilities: Effects on profit or loss for the period (*1): Financial liabilities designated at fair value through profit or loss W 112,212 (131,080 ) Derivative liabilities 103,938 (88,348 ) W 216,150 (219,428 ) (*1) Fair value changes are calculated by increasing or decreasing the volatility of the underlying asset (-10~10%) (-10~10%). (*2) Fair value changes are calculated by increasing or decreasing discount rate (-1~1%)
The method of measuring the fair value of financial instruments measured at amortized cost	• The method of measuring the fair value of financial instruments measured at amortized cost is as follows: Type Measurement methods of fair value Cash and due from banks The carrying amount and the fair value for cash are identical and most of deposits are floating interest rate deposits or next day deposits of a short-term instrument. For this reason, the carrying value approximates fair value. Loans The fair value of the loans is measured by discounting the expected cash flow at the market interest rate and credit risk. Securities measured at amortized cost The minimum price between the Korea Asset Pricing’s valuation, and KIS Pricing’s is used as a fair value. Deposits and borrowings The carrying amount and the fair value for demand deposits, cash management account deposits, call money as short-term instrument are identical. The fair value of others is measured by discounting the contractual cash flow at the market interest rate that takes into account the residual risk. Debt securities issued Where available, the fair value of deposits and borrowings is based on the published price quotations in an active market. In case there is no data for an active market price, it is measured by discounting the contractual cash flow at the market interest rate that takes into account the residual risk.
The carrying value and the fair value of financial instruments measured at amortized cost	2017 Carrying value Fair value Assets: Loans W 275,565,766 275,988,557 Held-to-maturity 24,990,680 25,390,335 Other financial assets 12,041,304 12,038,310 W 312,597,750 313,417,202 Liabilities: Deposits W 249,419,224 249,333,154 Borrowings 27,586,610 27,596,841 Debt securities issued 51,340,821 51,277,693 Other financial liabilities 20,205,312 20,179,542 W 348,387,230 2018 Carrying value Fair value Assets: Deposits measured at amortized cost W 14,471,988 14,471,920 Loans measured at amortized cost 299,609,472 302,089,329 Securities measured at amortized cost 28,478,136 29,676,691 Other financial assets 16,837,141 16,859,986 W 359,396,737 363,097,926 Liabilities: Deposits W 265,000,190 264,986,928 Borrowings 29,818,542 29,898,645 Debt securities issued 63,227,699 63,506,309 Other financial liabilities 20,545,181 20,233,920 W 378,591,612 378,625,802
The fair value hierarchy of financial instruments which are not measured at their fair values in the statements of financial position	2017 Level 1 Level 2 Level 3 Total Assets: Loans W 3,065 845,567 275,139,925 275,988,557 Held-to-maturity 7,851,134 17,539,201 — 25,390,335 Other financial assets 79,889 6,832,567 5,125,854 12,038,310 W 7,934,088 25,217,335 280,265,779 313,417,202 Liabilities: Deposits W 2,922,841 105,939,876 140,470,437 249,333,154 Borrowings 5,958,846 566,718 21,071,277 27,596,841 Debt securities issued in won — 33,622,407 17,655,286 51,277,693 Other financial liabilities 84,665 5,642,143 14,452,734 20,179,542 W 8,966,352 145,771,144 193,649,734 348,387,230 2018 Level 1 Level 2 Level 3 Total Assets: Deposits measured at amortized cost W 3,105,588 10,587,086 779,246 14,471,920 Loans measured at amortized cost 590 2,498,193 299,590,546 302,089,329 Securities measured at amortized cost 8,607,060 20,986,587 83,044 29,676,691 Other financial assets 74,625 11,606,369 5,178,992 16,859,986 W 11,787,863 45,678,235 305,631,828 363,097,926 Liabilities: Deposits W 2,801,700 109,083,014 153,102,214 264,986,928 Borrowings 5,708,217 1,084,036 23,106,392 29,898,645 Debt securities issued — 41,894,406 21,611,903 63,506,309 Other financial liabilities 74,638 6,630,725 13,528,557 20,233,920 W 8,584,555 158,692,181 211,349,066 378,625,802
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3	• For financial instruments not measured at fair value in the statement of financial position but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 at December 31, 2017 and 2018 are as follows: 2017 Fair value (*2) Valuation Inputs Financial instruments classified as level 2: Assets Loans W 845,567 DCF (*1) Discount rate, credit spread, prepayment rate Held-to-maturity 17,539,201 DCF (*1) Discount rate Other financial assets 6,832,567 DCF (*1) Discount rate W 25,217,335 Liabilities Deposits W 105,939,876 DCF (*1) Discount rate Borrowings 566,718 DCF (*1) Discount rate Debt securities issued 33,622,407 DCF (*1) Discount rate Other financial liabilities 5,642,143 DCF (*1) Discount rate W 145,771,144 Financial instruments classified as level 3: Assets Loans W 275,139,925 DCF (*1) Discount rate, credit spread, prepayment rate Other financial assets 5,125,854 DCF (*1) Discount rate W 280,265,779 Liabilities Deposits W 140,470,437 DCF (*1) Discount rate Borrowings 21,071,277 DCF (*1) Discount rate Debt securities issued 17,655,286 DCF (*1) Discount rate, regression coefficient, correlation coefficient Other financial liabilities 14,452,734 DCF (*1) Discount rate W 193,649,734 2018 Fair value (*2) Valuation Inputs Financial instruments classified as level 2: Assets Due from banks measured at amortized cost W 10,587,086 DCF (*1) Discount rate Loans measured at amortized cost 2,498,193 DCF (*1) Discount rate, credit spread, prepayment rate Securities measured at amortized cost 20,986,587 DCF (*1) Discount rate Other financial assets 11,606,369 DCF (*1) Discount rate W 45,678,235 Liabilities Deposits W 109,083,014 DCF (*1) Discount rate Borrowings 1,084,036 DCF (*1) Discount rate Debt securities issued 41,894,406 DCF (*1) Discount rate Other financial liabilities 6,630,725 DCF (*1) Discount rate W 158,692,181 Financial instruments classified as level 3: Assets Due from banks measured at amortized cost W 779,246 DCF (*1) Discount rate Loans measured at amortized cost 299,590,546 DCF (*1) Discount rate, credit spread, prepayment rate Securities measured at amortized cost 83,044 DCF (*1) Discount rate Other financial assets 5,178,992 DCF (*1) Discount rate W 305,631,828 Liabilities Deposits W 153,102,214 DCF (*1) Discount rate Borrowings 23,106,392 DCF (*1) Discount rate Debt securities issued 21,611,903 DCF (*1) Discount rate, regression coefficient, correlation coefficient Other financial liabilities 13,528,557 DCF (*1) Discount rate W 211,349,066 (*1) DCF: discounted cash flow (*2) Valuation techniques and inputs are not disclosed when the carrying amount is a reasonable approximation of fair value
Changes in the difference between the fair value at initial recognition and the value using models with unobservable inputs	iii) Changes in the difference between the fair value at initial recognition (the transaction price) and the value using models with unobservable inputs for the years ended December 31, 2017 and 2018 2017 2018 Beginning balance W (89,695 ) (137,393 ) Deferral on new transactions (108,832 ) (91,625 ) Recognized in profit for the year 66,063 102,907 Ending balance W (132,464 ) (126,111 )
Classification by categories of financial instruments	(f) Classification by categories of financial instruments Financial assets and liabilities are measured at fair value or amortized cost. The financial instruments measured at fair value or amortized costs are measured in accordance with the Group’s valuation methodologies, which are described in Note 4.(e) Measurement of fair value. The carrying amounts of each category of financial assets and financial liabilities as December 31, 2017 and 2018 are as follows: 2017 Trading FVTPL AFS HTM Loans and Derivatives Total Assets: Cash and due from banks W — — — — 22,668,598 — 22,668,598 Trading assets 28,464,296 — — — — — 28,464,296 Financial assets designated at FVTPL — 3,579,057 — — — — 3,579,057 Derivatives 3,280,775 — — — — 119,403 3,400,178 Loans — — — — 275,565,766 — 275,565,766 AFS financial assets — — 42,116,937 — — — 42,116,937 HTM financial assets — — — 24,990,680 — — 24,990,680 Other — — — — 12,041,304 — 12,041,304 W 31,745,071 3,579,057 42,116,937 24,990,680 310,275,668 119,403 412,826,816 2017 Trading liabilities FVTPL Financial Derivatives Total Liabilities: Deposits W — — 249,419,224 — 249,419,224 Trading liabilities 1,848,490 — — — 1,848,490 Financial liabilities designated at FVTPL — 8,297,609 — — 8,297,609 Derivatives 2,804,834 — — 682,827 3,487,661 Borrowings — — 27,586,610 — 27,586,610 Debt securities issued — — 51,340,821 — 51,340,821 Other — — 20,205,312 — 20,205,312 W 4,653,324 8,297,609 348,551,967 682,827 362,185,727 2018 FVTPL FVOCI Amortized cost Derivatives Total Assets: Cash and due from banks at amortized cost W — — 17,348,626 — 17,348,626 Due from banks at fair value through profit or loss 870,656 — — — 870,656 Securities at fair value through profit or loss 41,454,916 — — — 41,454,916 Loans at fair value through profit or loss 1,209,194 — — — 1,209,194 Derivatives 1,727,321 — — 66,292 1,793,613 Securities at fair value through other comprehensive income — 38,314,170 — — 38,314,170 Securities at amortized cost — — 28,478,136 — 28,478,136 Loans at amortized cost — — 299,609,472 — 299,609,472 Other — — 16,837,141 — 16,837,141 W 45,262,087 38,314,170 362,273,375 66,292 445,915,924 2018 FVTPL FVTPL Financial Derivatives Total Liabilities: Deposits W — — 265,000,190 — 265,000,190 Financial liabilities at fair value through profit or loss 1,420,306 — — — 1,420,306 Financial liabilities designated at FVTPL — 8,535,800 — — 8,535,800 Derivatives 1,846,669 — — 593,223 2,439,892 Borrowings — — 29,818,542 — 29,818,542 Debt securities issued — — 63,227,699 — 63,227,699 Other — — 20,545,181 — 20,545,181 W 3,266,975 8,535,800 378,591,612 593,223 390,987,610
Transfers that do not qualify for derecognition	i) Transfers that do not qualify for derecognition • Bonds sold under repurchase agreements as of December 31, 2017 and 2018 are as follows: 2017 2018 Transferred asset: Financial assets at fair value through profit or loss W 7,688,025 — Available-for-sale 1,240,063 — Held-to-maturity 615,352 — Loans 51,900 — Securities at FVTPL — 6,711,060 Securities at FVOCI — 688,593 Securities at amortized cost — 156,066 Loans at FVTPL — — Loans at amortized cost — — W 9,595,340 7,555,719 Associated liabilities: Bonds sold under repurchase agreements W 9,057,138 7,167,364 • Securities loaned as of December 31, 2017 and 2018 are as follows: 2017 2018 Borrowers Government bonds W 495,737 1,216,381 Korea Securities Finance Corp., Korea Securities Depository Financial institutions bonds 319,581 409,831 Korea Securities Finance Corp., Equity securities 34,870 6,029 Korea Securities Finance Corp. W 850,188 1,632,241
Offsetting financial assets and financial liabilities	(h) Offsetting financial assets and financial liabilities Financial assets and liabilities subject to offsetting, enforceable master netting arrangements and similar agreements as of December 31, 2017 and 2018 are as follows: 2017 Gross amounts of Gross amounts of Net amounts of Related amounts not set off in the Net amount Financial Cash collateral Assets: Derivatives (*1) W 3,219,982 — 3,219,982 5,626,795 318,813 1,650,336 Other financial instruments (*1) 5,911,577 1,535,615 4,375,962 Bonds purchased under repurchase agreements (*2) 12,861,514 — 12,861,514 12,312,131 — 549,383 Securities loaned (*2) 850,188 — 850,188 633,407 — 216,781 Domestic exchange settlement debit (*3) 33,367,006 30,367,425 2,999,581 79,882 — 2,919,699 Receivables from disposal of securities (*4) 15,568 1,152 14,416 — — 14,416 Insurance receivables 6,807 — 6,807 3,376 — 3,431 W 56,232,642 31,904,192 24,328,450 18,655,591 318,813 5,354,046 Liabilities: Derivatives (*1) W 12,625,941 — 12,625,941 6,378,052 — 9,907,534 Other financial instruments (*1) 5,195,260 1,535,615 3,659,645 Bonds purchased under repurchase agreements (*2) 9,057,138 — 9,057,138 9,057,138 — — Securities borrowed (*2) 1,450,877 — 1,450,877 1,450,877 — — Domestic exchange settlement pending (*3) 32,202,236 30,367,425 1,834,811 1,763,331 — 71,480 Payable from purchase of securities (*4) 1,519 1,152 367 326 — 41 Insurance payables 3,376 — 3,376 3,376 — — W 60,536,347 31,904,192 28,632,155 18,653,100 — 9,979,055 2018 Gross amounts of Gross amounts of Net amounts of Related amounts not set off in the Net amount Financial Cash collateral Assets: Derivatives (*1) W 1,730,828 — 1,730,828 6,746,640 26,638 1,165,276 Other financial instruments (*1) 7,476,505 1,268,779 6,207,726 Bonds purchased under repurchase agreements (*2) 12,945,380 — 12,945,380 12,557,025 — 388,355 Securities loaned (*2) 1,827,066 — 1,827,066 1,246,157 — 580,909 Domestic exchange settlement debit (*3) 32,647,367 26,502,611 6,144,756 74,552 — 6,070,204 Receivables from disposal of securities (*4) 22,906 519 22,387 — — 22,387 Insurance receivables 8,014 — 8,014 4,872 — 3,142 W 56,658,066 27,771,909 28,886,157 20,629,246 26,638 8,230,273 Liabilities: Derivatives (*1) W 11,858,108 — 11,858,108 7,850,210 — 9,334,098 Other financial instruments (*1) 6,594,979 1,268,779 5,326,200 Bonds purchased under repurchase agreements (*2) 7,170,744 — 7,170,744 7,170,744 — — Securities borrowed (*2) 936,705 — 936,705 936,705 — — Domestic exchange settlement pending (*3) 27,647,185 26,502,611 1,144,574 1,090,808 — 53,766 Payable from purchase of securities (*4) 552 519 33 33 — — Insurance payables 4,984 — 4,984 4,871 — 113 W 54,213,257 27,771,909 26,441,348 17,053,371 — 9,387,977 (*1) The Group has certain derivative transactions subject to the ISDA (International Derivatives Swaps and Dealers Association) agreement. According to the ISDA agreement, when credit events (e.g. default) of counterparties occur, all derivative agreements are terminated and set off. (*2) Resale and repurchase agreement, securities borrowing and lending agreement are also similar to ISDA agreement with respect to enforceable netting agreements. (*3) The Group has legally enforceable right to set off and settles financial assets and liabilities on a net basis under normal business terms. Therefore, domestic exchanges settlement receivables (payables) are recorded on a net basis in the consolidated statements of financial position. (*4) Receivables and payables related to settlement of purchase and disposition of enlisted securities are offset and the net amount is presented in the consolidated statement of financial position because the Group currently has a legally enforceable right to set off the recognized amounts and intends to settle on a net basis.
The capital adequacy ratio of the Group	The capital adequacy ratio of the Group as of December 31, 2017 and 2018 are as follows: 2017 2018 Capital: Tier I common equity capital W 26,756,509 28,696,267 Additional tier 1 capital 916,383 1,981,609 Tier I capital 27,672,892 30,677,876 Tier II capital 3,040,572 3,315,185 Total capital (A) W 30,713,464 33,993,061 Total risk-weighted assets (B) W 207,768,636 228,678,105 Capital adequacy ratio (A/B) 14.78 % 14.87 % Tier I capital adequacy ratio 13.32 % 13.42 % Common equity capital adequacy ratio 12.88 % 12.55 % As of December 31, 2017 and 2018, the Group met the regulatory capital ratio above 8%.

Investment in subsidiaries (Tab

Investment in subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of investment in subsidiaries [Abstract]
Condensed financial position for the controlling company and the Group's subsidiaries	(a) The summarized financial information of the controlling company and the Group’s major subsidiaries as of December 31, 2017 and 2018 is as follows: 2017 (*3) 2018 Investees (*1)(*2) Asset balance Liability balance Equity balance Asset balance Liability balance Equity balance Shinhan Financial Group (separate) W 27,639,783 7,447,705 20,192,078 30,114,232 8,464,164 21,650,068 Shinhan Bank 324,314,242 301,660,298 22,653,944 348,523,615 324,331,076 24,192,539 Shinhan Card Co., Ltd. 26,367,562 20,092,443 6,275,119 29,429,455 23,427,988 6,001,467 Shinhan Investment Corp. 28,644,288 25,391,599 3,252,689 29,140,427 25,767,858 3,372,569 Shinhan Life Insurance Co., Ltd. 29,719,359 27,987,427 1,731,932 31,823,631 30,078,522 1,745,109 Shinhan Capital Co., Ltd. 5,315,366 4,603,786 711,580 6,116,585 5,368,265 748,320 Jeju Bank 5,562,924 5,158,123 404,801 5,980,941 5,507,949 472,992 Shinhan Credit Information 22,726 8,144 14,582 24,377 8,750 15,627 Shinhan Alternative Investment Management Inc. 86,902 76,250 10,652 102,079 92,194 9,885 Shinhan BNP Paribas Asset Management Co., Ltd. 174,839 18,286 156,553 173,964 14,841 159,123 SHC Management Co., Ltd. 9,438 190 9,248 9,755 198 9,557 Shinhan DS 39,799 24,446 15,353 43,095 23,118 19,977 Shinhan Savings Bank 1,287,170 1,139,533 147,637 1,454,290 1,291,012 163,278 Shinhan AITAS Co., Ltd. 58,158 6,209 51,949 65,725 7,367 58,358 Shinhan REITs Management 29,319 71 29,248 36,298 3,496 32,802 (*1) The consolidated financial statements of the consolidated subsidiaries are based on consolidated financial statements, if applicable. (*2) Trusts, beneficiary certificates, securitization special limited liability companies, associates and private equity investment specialists that are not actually operating their own business are excluded. (*3) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively.
Condensed comprehensive income statement for the controlling company and the Group's subsidiaries	(b) The summarized income information of the controlling company and the Group’s major subsidiaries for the years ended December 31, 2016, 2017 and 2018 is as follows: 2016 2017(*3) 2018 Investees (*1)(*2) Operating Income Net Income Comprehensive Operating Income Net Income Comprehensive Operating Income Net Income Comprehensive Shinhan Financial Group(separate) W 1,739,924 1,470,250 1,469,850 1,008,868 754,727 755,018 1,519,197 1,234,883 1,234,044 Shinhan Bank 16,672,337 1,940,621 1,717,969 21,240,193 1,712,314 1,496,582 19,731,711 2,279,362 2,333,266 Shinhan Card Co., Ltd. 4,672,819 707,344 558,438 5,186,592 898,723 787,956 3,752,232 517,761 477,135 Shinhan Investment Corp. 4,549,941 115,440 120,238 5,558,862 211,919 195,910 5,553,118 251,268 269,058 Shinhan Life Insurance Co., Ltd. 5,693,702 150,556 109,754 5,997,997 120,642 46,062 5,633,679 131,021 150,997 Shinhan Capital Co., Ltd. 302,710 33,868 34,059 351,772 87,647 88,128 439,031 103,400 100,317 Jeju Bank 190,191 25,160 19,969 208,661 25,143 22,053 224,766 27,446 30,579 Shinhan Credit Information Co., Ltd. 24,975 (1,174 ) (1,047 ) 32,836 340 377 37,616 1,392 985 Shinhan Alternative Investment Management Inc. 2,404 512 844 29,410 (844 ) (842 ) 21,590 (780 ) (780 ) Shinhan BNP Paribas Asset Management Co., Ltd. 69,834 14,302 14,363 77,474 19,705 20,073 78,378 18,868 18,980 SHC Management Co., Ltd. 115 416 416 177 1,036 1,036 140 309 309 Shinhan DS 79,004 1,186 2,617 79,063 1,404 2,482 99,279 1,314 1,525 Shinhan Savings Bank 64,229 12,505 11,170 78,516 16,800 16,757 94,636 19,384 18,919 Shinhan AITAS Co., Ltd. 37,061 7,631 7,631 40,781 6,481 6,481 44,729 8,461 8,461 Shinhan REITs Management Co., Ltd. — — — 70 (752 ) (752 ) 7,386 3,564 3,552 (*1) The consolidated financial statements of the consolidated subsidiaries are based on consolidated financial statements, if applicable. (*2) Trusts, beneficiary certificates, securitization special limited liability companies, associates and private equity investment specialists that are not actually operating their own business are excluded. (*3) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively.

Operating segments (Tables)

Operating segments (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of operating segments [Abstract]
Information of income and expense for each operating segment	(b) The following tables provide information of income and expense for each operating segment for the years ended December 31, 2016, 2017 and 2018: 2016 Banking Credit card Securities Life Others Consolidation Total Net interest income W 4,605,046 1,484,697 390,761 704,489 13,028 7,345 7,205,366 Net fees and commission income 717,097 408,601 248,845 19,068 169,081 2,847 1,565,539 Impairment losses on financial assets (746,126 ) (347,179 ) (8,035 ) (9,559 ) (85,009 ) 245 (1,195,663 ) General and administrative expenses (2,907,314 ) (802,037 ) (406,017 ) (227,639 ) (215,759 ) 50,191 (4,508,575 ) Other income (expense), net 190,909 296,829 (82,480 ) (326,251 ) 43,783 (80,815 ) 41,975 Operating income 1,859,612 1,040,911 143,074 160,108 (74,876 ) (20,187 ) 3,108,642 Equity method income 8,615 — (273 ) (1,188 ) 4,277 (1,436 ) 9,995 Income tax expense 64,214 235,140 30,066 2,951 14,190 (1,008 ) 345,553 Profit (loss) for the period W 1,866,811 806,313 115,440 150,556 (79,150 ) (35,051 ) 2,824,919 Controlling interest W 1,866,446 814,836 115,438 150,556 (79,151 ) (93,347 ) 2,774,778 Non-controlling 365 (8,523 ) 2 — 1 58,296 50,141 2017(*) Banking Credit card Securities Life Others Consolidation Total Net interest income W 5,107,888 1,501,054 433,047 727,917 69,231 3,816 7,842,953 Net fees and commission income 816,795 359,408 297,718 53,271 180,510 3,252 1,710,954 Impairment losses on financial assets (674,706 ) (291,694 ) (15,752 ) (13,162 ) (36,830 ) 18,596 (1,013,548 ) General and administrative expenses (3,149,436 ) (831,927 ) (444,935 ) (222,650 ) (234,649 ) 72,399 (4,811,198 ) Other income (expense), net (11,556 ) 567,234 (17,229 ) (385,226 ) 53,815 (106,173 ) 100,865 Operating income 2,088,985 1,304,075 252,849 160,150 32,077 (8,110 ) 3,830,026 Equity method income (loss) 1,306 — 12,081 (910 ) 8,796 (880 ) 20,393 Income tax expense 418,679 285,853 63,472 41,441 32,805 6,153 848,403 Profit for the period W 1,623,425 1,012,755 211,919 120,642 9,600 (29,136 ) 2,949,205 Controlling interest W 1,623,184 1,027,823 211,907 120,642 9,600 (74,340 ) 2,918,816 Non-controlling 241 (15,068 ) 12 — — 45,204 30,389 2018 Banking Credit card Securities Life Others Consolidation Total Net interest income W 5,707,813 1,583,100 429,095 761,742 95,618 2,721 8,580,089 Net fees and commission income 850,646 433,043 388,944 69,780 198,828 (2,244 ) 1,938,997 Reversal of (provision of) credit loss (250,134 ) (466,447 ) (9,226 ) (13,400 ) (10,238 ) 1,568 (747,877 ) General and administrative expenses (3,098,629 ) (751,580 ) (493,906 ) (227,740 ) (263,046 ) 93,326 (4,741,575 ) Other income (expense), net (163,104 ) 74,954 17,963 (409,151 ) 80,857 (131,739 ) (530,220 ) Operating income 3,046,592 873,070 332,870 181,231 102,019 (36,368 ) 4,499,414 Equity method income (977 ) — 15,228 (1,026 ) 6,909 (2,646 ) 17,488 Income tax expense 832,494 225,837 95,438 50,429 59,556 4,591 1,268,345 Profit (loss) for the period W 2,195,263 629,307 251,268 131,021 49,168 (57,762 ) 3,198,265 Controlling interest W 2,194,950 630,993 251,265 131,021 49,168 (100,675 ) 3,156,722 Non-controlling 313 (1,686 ) 3 — — 42,913 41,543 (*) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively.
Financial information of geographical area	(e) Financial information of geographical area The following table provides information of income from external consumers by geographical area for the years ended December 31, 2016, 2017 and 2018. 2016 2017 (*2) 2018 Domestic W 2,876,073 3,504,780 4,023,916 Overseas 232,569 325,246 475,498 W 3,108,642 3,830,026 4,499,414 The following table provides information of non-current 2017 (*2) 2018 Domestic W 7,513,736 7,597,266 Overseas 199,660 201,574 W 7,713,396 7,798,840 (*1) Non-current (*2) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively.

Cash and Due from banks at am_2

Cash and Due from banks at amortized cost (Tables)	12 Months Ended
	Dec. 31, 2018
Cash and Due from banks at amortized cost [Abstract]
Cash and Due from banks at amortized cost	(a) Cash and due from banks at amortized cost as of December 31, 2018 are as follows: 2018 Cash and cash equivalents W 2,617,231 Deposits in won: Reserve deposits 2,360,416 Time deposits 1,346,015 Other 2,271,812 5,978,243 Deposits in foreign currency: Deposits 5,045,513 Time deposits 2,791,486 Other 930,977 8,767,976 Allowance for credit losses (14,824 ) W 17,348,626
Restricted due from banks at amortized cost	(b) Restricted due from banks at amortized cost as of December 31, 2018 are as follows: 2018 Deposits denominated in won: Reserve deposits W 2,360,416 Other (*1) 2,182,119 4,542,535 Deposits denominated in foreign currency 1,632,971 W 6,175,506 (*1) Pursuant to the Regulation on Financial Investment Business, the Group is required to deposit certain portions of customers’ deposits with the Korean Securities Finance Corporation (“KSFC”) or banks to ensure repayment of customer deposits and the deposits may not be pledged as collateral.

Cash and due from banks (Tables

Cash and due from banks (Tables)	12 Months Ended
	Dec. 31, 2018
Cash and Due from Banks [Abstract]
Cash and due from banks	(a) Cash and due from banks as of December 31, 2017 are as follows: 2017 Cash and cash equivalents W 1,792,527 Deposits in won: Reserve deposits 8,689,515 Time deposits 1,361,612 Other 3,023,087 13,074,214 Deposits in foreign currency: Deposits 4,064,408 Time deposits 3,053,464 Other 698,039 7,815,911 Allowance for credit losses (14,054 ) W 22,668,598
Restricted due from banks	(b) Restricted due from banks as of December 31, 2017 are as follows: 2017 Deposits denominated in won: Reserve deposits W 8,689,515 Other (*1) 3,628,419 12,317,934 Deposits denominated in foreign currency 1,117,597 W 13,435,531 (*1) Pursuant to the Regulation on Financial Investment Business, the Group is required to deposit certain portions of customers’ deposits with the Korean Securities Finance Corporation (“KSFC”) or banks to ensure repayment of customer deposits and the deposits may not be pledged as collateral.

Financial assets at fair valu_2

Financial assets at fair value through profit or loss (Tables)	12 Months Ended
	Dec. 31, 2018
Financial assets at fair value through profit or loss [Abstract]
Financial assets at fair value through profit or loss	(a) Financial assets at fair value through profit or loss as of December 31, 2018 are as follows: 2018 Debt securities: Governments W 2,765,054 Financial institutions 9,415,470 Corporations 6,664,839 Stocks with put option 381,844 Equity investment with put option 1,080,723 Beneficiary certificates 9,062,004 Commercial papers 5,535,397 CMA (*1) 3,001,831 Others (*2) 2,227,802 40,134,964 Equity securities: Stocks 1,050,097 Equity investment 4,908 Others 110,066 1,165,071 41,300,035 Other: Loans at fair value 1,209,194 Due from banks at fair value 870,656 Gold deposits 154,881 W 43,534,766 (*1) CMA: Cash management account deposits (*2) Restricted reserve for claims of customers’ deposits (trusts) as of December 31, 2018 are W
Financial assets to which overlay approach were applied in accordance with IFRS9 'Financial Instruments' and IFRS4 'Insurance Contracts'	(b) Financial assets to which overlay approach were applied in accordance with IFRS 9 ‘Financial Instruments’ and IFRS 4 ‘Insurance Contracts’ as of December 31, 2018 are as follows. 2018 Due from banks at fair value through profit or loss W 870,656 Securities at fair value through profit or loss 3,160,525 W 4,031,181
Reclassified amounts between profit or loss and other comprehensive income due to the overlay approach	The reclassified amounts between profit or loss and other comprehensive income due to the overlay approach as of and for the year ended December 31, 2018 are as follows: Profit or loss Other comprehensive IFRS 9 IAS 39 Amount Tax effect Net gain (loss) on valuation of financial assets at fair value through profit or loss W (77,179) (4,425 ) (72,754 ) 20,007 Net gain (loss) on disposal of financial assets at fair value through profit or loss 4,310 6,498 (2,188 ) 602 W (72,869) 2,073 (74,942 ) 20,609

Trading assets (Tables)

Trading assets (Tables)	12 Months Ended
	Dec. 31, 2018
Trading assets [Abstract]
Trading assets	Trading assets as of December 31, 2017 are as follows: 2017 Debt securities: Governments W 3,254,587 Financial institutions 8,014,128 Corporations 5,097,200 Commercial papers 3,625,436 CMA (*1) 3,157,475 Others 491,820 23,640,646 Equity securities: Stocks 738,666 Beneficiary certificates 3,728,027 Others 167,660 4,634,353 Other Gold deposits 189,297 W 28,464,296 (*1) CMA: Cash management account deposits

Financial asset designated at_2

Financial asset designated at fair value through profit or loss(IAS39) (Tables)	12 Months Ended
	Dec. 31, 2018
Financial asset designated at fair value through profit or loss [Abstract]
Financial asset designated at fair value through profit or loss(IAS39)	Financial asset designated at fair value through profit or loss as of December 31, 2017 are as follows: 2017 Reason for designation Debt securities W 2,110,809 Evaluation and management on a fair value basis, accounting mismatch Equity securities (*1) 1,234,356 Evaluation and management on a fair value basis, accounting mismatch Others 233,892 Combined instrument W 3,579,057 (*1) Restricted reserve for claims of customers’ deposits (trusts) as of December 31, 2017 are W

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2018
Derivatives [Abstract]
The notional amounts of derivatives	(a) The notional amounts of derivatives as of December 31, 2017 and 2018 are as follows: 2017 2018 Foreign currency related: Over the counter: Currency forwards W 100,806,648 139,804,552 Currency swaps 30,269,510 31,794,900 Currency options 1,178,047 1,939,939 132,254,205 173,539,391 Exchange traded: Currency futures 1,179,986 436,714 133,434,191 173,976,105 Interest rates related: Over the counter: Interest rate swaps 30,269,249 31,228,489 Interest rate options 310,000 294,000 30,579,249 31,522,489 Exchange traded: Interest rate futures 1,545,905 1,739,697 Interest rate swaps (*1) 53,625,962 56,862,374 55,171,867 58,602,071 85,751,116 90,124,560 Credit related: Over the counter: Credit swaps 2,443,609 3,094,077 Equity related: Over the counter: Equity swaps and forwards 4,223,096 5,149,967 Equity options 1,230,635 645,709 5,453,731 5,795,676 Exchange traded: Equity futures 526,913 630,409 Equity options 3,238,049 2,708,557 3,764,962 3,338,966 9,218,693 9,134,642 Commodity related: Over the counter: Commodity swaps and forwards 931,644 1,062,588 Commodity options 4,880 4,780 936,524 1,067,368 Exchange traded: Commodity futures and options 122,394 245,751 1,058,918 1,313,119 Hedge: Currency forwards 1,227,354 1,522,306 Currency swaps 3,866,015 4,143,828 Interest rate swaps 8,088,422 10,147,731 13,181,791 15,813,865 W 245,088,318 293,456,368 (*1) The notional amount of derivatives which is settled in the ‘Central Counter Party (CCP)’ system.
Fair values of derivative instruments	(b) Fair values of derivative instruments as of December 31, 2017 and 2018 are as follows: 2017 2018 Assets Liabilities Assets Liabilities Foreign currency related: Over the counter: Currency forwards W 1,895,225 1,636,715 912,795 870,984 Currency swaps 854,892 865,551 393,702 372,725 Currency options 12,023 12,070 7,637 12,273 2,762,140 2,514,336 1,314,134 1,255,982 Exchange traded: Currency futures 416 553 11 — 2,762,556 2,514,889 1,314,145 1,255,982 Interest rates related: Over the counter: Interest rate swaps 204,449 208,901 251,251 172,019 Interest rate options — 1,893 — 5,347 204,449 210,794 251,251 177,366 Exchange traded: Interest rate futures 1,771 544 412 1,569 206,220 211,338 251,663 178,935 Credit related: Over the counter: Credit swaps 63,359 10,617 37,951 14,916 Equity related: Over the counter: Equity swap and forwards 112,282 13,502 51,869 205,709 Equity options 91,040 12,177 2,265 2,352 203,322 25,679 54,134 208,061 Exchange traded: Equity futures 72 805 15,937 778 Equity options 23,562 18,521 37,690 109,795 23,634 19,326 53,627 110,573 226,956 45,005 107,761 318,634 Commodity related: Over the counter: Commodity swaps and forwards 15,576 22,593 7,548 74,158 Commodity options 72 77 27 29 15,648 22,670 7,575 74,187 Exchange traded: Commodity futures 6,037 315 8,226 4,016 W 21,685 22,985 15,801 78,203 Hedge: Currency forwards W 50,492 1,567 9,185 30,497 Currency swaps 59,399 161,896 21,976 79,492 Interest rate swaps 9,511 519,364 35,131 483,233 119,402 682,827 66,292 593,222 W 3,400,178 3,487,661 1,793,613 2,439,892
Gain or loss on valuation of derivatives	(c) Gain or loss on valuation of derivatives for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Foreign currency related Over the counter Currency forwards W (80,907 ) 85,498 41,188 Currency swaps 7,193 91,410 (34,444 ) Currency options 9,704 5,422 8,247 (64,010 ) 182,330 14,991 Exchange traded Currency futures (33 ) (137 ) 11 (64,043 ) 182,193 15,002 Interest rates related Over the counter Interest rate swaps (68,490 ) (17,805 ) 86,675 Interest rate options 1,116 413 (1,459 ) (67,374 ) (17,392 ) 85,216 Exchange traded Interest rate futures 3,849 6,950 (2,512 ) (63,525 ) (10,442 ) 82,704 Credit related Over the counter Credit swaps 10,761 46,593 (8,318 ) Equity related Over the counter Equity swap and forwards 111,723 73,490 (270,929 ) Equity options 11,639 36,662 4,326 123,362 110,152 (266,603 ) Exchange traded Equity futures 626 (733 ) 15,159 Equity options 3,420 22,315 (44,163 ) 4,046 21,582 (29,004 ) 127,408 131,734 (295,607 ) Commodity related Over the counter Commodity swaps and forwards (8,988 ) 13,435 (89,902 ) Commodity options (44 ) (10 ) 33 (9,032 ) 13,425 (89,869 ) Exchange traded Commodity futures 98 5,722 4,209 (8,934 ) 19,147 (85,660 ) Hedge Currency forwards (80,958 ) 48,050 (26,031 ) Currency swaps 19,366 (143,737 ) 66,156 Interest rate swaps (239,596 ) (191,233 ) 38,767 (301,188 ) (286,920 ) 78,892 W (299,521 ) 82,305 (212,987 )
Gain or loss on fair value hedges	i) Gains (losses) on fair value hedged items and hedging instruments attributable to the hedged ineffectiveness for the year ended December 31, 2018 were as follows: Gains on Gains on Hedge ineffectiveness Fair value hedges Interest rate swaps (*1) W (76,573 ) 79,635 3,062 Foreign exchange risk (*1) 55,188 (60,380 ) (5,192 ) W (21,385 ) 19,255 (2,130 ) (*1) The related account categories are presented as interest rate swap assets / liabilities and currency swap assets. (*2) Ineffective portion of hedge: The difference between hedging instruments and hedged items
Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year	ii) Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year, the amounts recognized in the income statement and other comprehensive income are as follows. Gains on hedges Hedge ineffectiveness From cash flow hedge Cash flow hedges Foreign exchange risk (*1) W 65,386 (5,188 ) 70,051 Interest rate risk (*1) (23,186 ) — — Hedge of net investments Foreign exchange risk (*1) (35,879 ) (3,765 ) — W 6,321 (8,953 ) 70,051 (*1) The related account categories are presented as interest rate swap assets / liabilities and currency swap assets / liabilities, currency forwards assets / liabilities and borrowings. (*2) Ineffective portion of hedge: The difference between hedging instruments and hedged items.
Nominal values and average hedge ratio for derivatives	(e) Nominal values and average hedge ratio for derivatives as of December 31, 2018 are as follows: 2018 Less than 1~2 2~3 3~4 4~5 More than Total Interest risk: Nominal values: W 190,000 737,632 723,177 707,254 1,305,584 6,484,084 10,147,731 Average hedge ratio: 100 % 100 % 100 % 100 % 100 % 100 % 100 % Exchange risk: Nominal values: 2,731,517 1,958,746 827,158 1,038,935 302,423 — 6,858,779 Average hedge ratio: 100 % 100 % 100 % 100 % 100 % — 100 %
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity	ii) Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity Nominal amount BV of asset (*1) BV of liabilities (*1) Changes if fair Fair value hedges Interest rate swap W 9,377,731 35,093 467,381 55,244 Currency swap 33,543 433 — (1,502 ) Cash flow hedge Interest rate swap 770,000 38 15,853 (23,186 ) Currency swap 4,110,285 21,543 79,492 (54 ) Currency forward 1,298,686 3,191 24,925 (33,460 ) Hedge of net investments in foreign operations Currency forward 223,620 5,994 5,572 (3,261 ) Borrowings 1,192,645 — 1,186,792 (36,383 ) (*1) The related account categories are presented as interest rate swap assets / liabilities and currency forwards.
Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity	iii) Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity BV BV of Assets of Liabilities of Changes if Cash flow Foreign Fair value hedges Interest rate risk W 293,215 8,873,059 (2,832 ) (524,459 ) (56,462 ) — — Foreign exchange risk 62,406 — — — 2,675 — — Cash flow hedge Interest rate risk — 1,539,005 — — — (10,184 ) — Foreign exchange risk 2,795,320 2,716,148 — — 63,860 (2,006 ) — Hedge of net investments in foreign operations Foreign exchange risk — — — — (35,879 ) — 138,416 (*1) The related account categories are presented as interest rate swap assets / liabilities and currency forwards.

Loans at amortized cost (Tables

Loans at amortized cost (Tables)	12 Months Ended
	Dec. 31, 2018
Loans at amortized cost [Abstract]
Loans at amortized cost	(a) Loans at amortized cost as of December 31, 2018 are as follows: 2018 Household loans W 120,832,081 Corporate loans 152,164,476 Public and other loans 2,831,026 Loans to banks 3,585,563 Credit card receivables 22,447,614 301,860,760 Discount (23,588 ) Deferred loan origination costs and fees 497,368 302,334,540 Less: Allowance for credit loss (2,725,068 ) W 299,609,472
Changes in loans at amortized cost and other assets	(b) Changes in book value of Loans at amortized cost and other assets as of December 31, 2018 are as follows: Loans at amortized cost Other assets (*1) 12 month Life time Impaired 12 month Life time Impaired Total Beginning balance W 245,310,809 30,030,619 1,784,601 31,599,203 456,538 23,243 309,205,013 Transfer (from) to 12 month expected credit losses 7,532,588 (7,527,159 ) (5,429 ) 28,028 (28,024 ) (4 ) — Transfer (from) to lifetime expected credit losses (20,879,174 ) 20,943,897 (64,723 ) (51,596 ) 51,607 (11 ) — Transfer (from) to credit- impaired financial assets (1,948,419 ) (185,166 ) 2,133,585 (22,162 ) (2,986 ) 25,148 — Origination 130,894,396 529,735 315,389 30,085,141 27,251 21,930 161,873,842 Collection (93,938,952 ) (10,682,116 ) (1,008,819 ) (30,207,574 ) (410,559 ) (4,236 ) (136,252,256 ) Charge off — — (851,397 ) — — (20,984 ) (872,381 ) Disposal (121,915 ) (19,056 ) (582,491 ) — (495 ) (13,083 ) (737,040 ) Others (*2) 749,646 (52,157 ) (23,752 ) 77,654 6,129 — 757,520 Ending balance W 267,598,979 33,038,597 1,696,964 31,508,694 99,461 32,003 333,974,698 (*1) The amortized cost includes the gross carrying amount of deposits and other assets. (*2) Other changes are due to bond adjustment, investment conversion, and exchange rate fluctuations. (*3) The amount of uncollected loans receivable (principal and interest) is W
Changes in allowances for credit loss of loans at amortized cost and other assets	(c) Changes in allowance for credit loss of Loans at amortized cost and other financial assets as of December 31, 2018 are as follows: Loans at amortized cost Other assets (*1) 12 month Life time Impaired 12 month Life time Impaired Total Beginning balance W 730,613 1,088,259 1,053,114 39,048 7,666 20,166 2,938,866 Transfer (from) to 12 month expected credit losses 115,780 (114,614 ) (1,166 ) 581 (578 ) (3 ) — Transfer (from) to lifetime expected credit losses (61,415 ) 103,502 (42,087 ) (212 ) 222 (10 ) — Transfer (from) to credit- impaired financial assets (2,509 ) (40,729 ) 43,238 (94 ) (2,209 ) 2,303 — Provided (reversed) 23,662 159,565 521,288 (1,998 ) 1,775 24,293 728,585 Charge off — — (851,397 ) — — (20,984 ) (872,381 ) Discount — — (20,778 ) — — — (20,778 ) Disposal (636 ) (374 ) (59,567 ) — (7 ) (2,736 ) (63,320 ) Collection — — 311,280 — — 1,815 313,095 Others (*2) (74,495 ) (167,687 ) 12,221 2,602 61 (80 ) (227,378 ) Ending balance W 731,000 1,027,922 966,146 39,927 6,930 24,764 2,796,689 (*1) The amortized cost includes the gross carrying amount of deposits and other assets. (*2) Other changes are due to bond adjustment, investment conversion, and exchange rate fluctuations.
Changes in deferred loan origination costs	(d) Changes in deferred loan origination costs for the year ended December 31, 2018 are as follows: 2018 Beginning balance (*1) W 434,746 Loan origination 235,032 Amortization (172,410 ) Ending balance W 497,368 (*1) The beginning balance for 2018 was restated in accordance with IFRS 9.

Loans (Tables)

Loans (Tables)	12 Months Ended
	Dec. 31, 2018
Loans [Abstract]
Loans	(a) Loans as of December 31, 2017 are as follows: 2017 Household loans W 111,590,777 Corporate loans 139,989,642 Public and other 2,297,631 Loans to banks 2,969,784 Card receivables 20,640,857 277,488,691 Discount (44,936 ) Deferred loan origination costs and fees 432,615 277,876,370 Allowance for credit losses (2,310,604 ) W 275,565,766
Changes in the allowance for credit losses	(b) Changes in the allowance for credit losses for the year ended December 31, 2017 are as follows: 2017 Loans Other (*3) Total Beginning balance W 2,360,795 66,896 2,427,691 Provision for (reversal of) allowance (*1) 799,577 15,672 815,249 Write-offs (973,943 ) (20,063 ) (994,006 ) Effect of discounting (*2) (23,316 ) — (23,316 ) Disposal (63,091 ) 16 (63,075 ) Recoveries 311,042 1,591 312,633 Others (*1)(*4) (100,460 ) (379 ) (100,839 ) Ending balance W 2,310,604 63,733 2,374,337 (*1) As the accounting for the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*2) Interest income from impaired financial assets (*3) Included allowance for due from banks and other assets (*4) Other changes were due to debt restructuring, debt-equity swap, and foreign exchange rate, etc.
Changes in deferred loan origination costs and fees	(c) Changes in deferred loan origination costs for the year ended December 31, 2017 are as follows: 2017 Beginning balance W 395,394 Loan origination 178,890 Amortization (141,669 ) Ending balance W 432,615

Securities at fair value thro_2

Securities at fair value through other comprehensive income and securities at amortised cost (Tables)	12 Months Ended
	Dec. 31, 2018
Securities at fair value through other comprehensive income and securities at amortized cost [Abstract]
Securities at fair value through other comprehensive income and securities at amortized cost	(a) Details of securities at FVOCI and securities at amortized cost as of December 31, 2018 are as follows: 2018 Securities at FVOCI: Debt securities: Government bonds W 8,975,391 Financial institutions bonds 17,341,330 Corporate bonds 11,360,924 37,677,645 Equity securities (*1): Stocks 630,010 Equity investments 6,515 636,525 38,314,170 Securities at amortized cost: Debt securities: Government bonds 18,000,454 Financial institutions bonds 2,171,623 Corporate bonds and others 8,306,059 28,478,136 W 66,792,306 (*1) Equity securities in the above table are classified as other comprehensive income – equity securities designated as fair value items, and other comprehensive income and fair value options were exercised for the purpose of holding as required by the policy.
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost	(b) Changes in carrying value of debt securities at fair value through other comprehensive income and securities at amortized cost for the year ended December 31, 2018 are as follows: Securities at fair value through other Securities at amortized cost 12 month Life time Total 12 month Life time Total Beginning allowance W 36,641,928 15,879 36,657,807 24,403,423 21,444 24,424,867 Transfer to 12 month expected credit loss — — — — — — Transfer to life time expected credit loss (26,187 ) 26,187 — — — — Transfer to impaired financial asset — — — — — — Origination 26,938,512 98,778 27,037,290 5,836,342 — 5,836,342 Disposal (7,182,343 ) (18,687 ) (7,201,030 ) — — — Repayment (19,338,938 ) — (19,338,938 ) (1,607,467 ) (3 ) (1,607,470 ) Others (*1) 538,842 (16,326 ) 522,516 (167,377 ) 1,034 (166,343 ) Ending balance W 37,571,814 105,831 37,677,645 28,464,921 22,475 28,487,396 (*1) Included the effects from changing currency rate.
Changes in allowance for credit loss of securities at fair value through other comprehensive income and securities at amortized cost	(c) Changes in allowance for credit loss of debt securities at fair value through other comprehensive income and securities at amortized cost for the year ended December 31, 2018 are as follows: Securities at fair value through other Securities at amortized cost 12 month Life time Total 12 month Life time Total Beginning allowance W 17,038 1,938 18,976 6,327 2,232 8,559 Transfer to 12 month expected credit loss — — — — — — Transfer to life time expected credit loss (234 ) 234 — — — — Transfer to impaired financial asset — — — — — — Provided (reversed) 15,286 (3,220 ) 12,066 4,615 (2,215 ) 2,400 Disposal (5,251 ) (229 ) (5,480 ) — — — Others (*1) (1,117 ) 1,639 522 (1,699 ) — (1,699 ) Ending balance W 25,722 362 26,084 9,243 17 9,260 (*1) Included the effects from changing currency rate
Gain or loss on disposal of securities at fair value through other comprehensive income and securities at amortized cost	(d) Gain or loss on disposal of securities at fair value through other comprehensive income and securities at amortized cost for the year ended December 31, 2018 are as follows: 2018 Gain on disposal of securities at FVOCI W 28,018 Loss on disposal of securities at FVOCI (7,464 ) Loss on disposal of securities at amortized cost (9 ) W 20,545
Income or loss on equity securities at fair value through other comprehensive income	(e) Income or loss on equity securities at fair value through other comprehensive income As of December 31, 2018, the Group recognizes dividends amounting to W In addition, the disposition of equity securities at fair value through other comprehensive income are as follows: 2018 Fair value at the date of disposal W 3,285 Cumulative net profit at the time of disposal (3,635 )

Available-for-sale financial _2

Available-for-sale financial assets and held-to-maturity financial assets (Tables)	12 Months Ended
	Dec. 31, 2018
Available-for-sale financial assets and held-to-maturity financial assets [Abstract]
Available-for-sale financial assets and held-to-maturity financial assets	(a) Available-for-sale held-to-maturity 2017 Available-for-sale Debt securities: Government bonds W 7,570,104 Financial institution bonds 17,649,694 Corporate bonds and others 11,966,754 37,186,552 Equity securities (*1): Stocks 1,026,666 Equity investments 749,818 Beneficiary certificates 3,126,851 Others 27,050 4,930,385 42,116,937 Held-to-maturity Debt securities: Government bonds 15,164,133 Financial institutions bonds 2,708,148 Corporate bonds and others 7,118,399 24,990,680 W 67,107,617 (*1) Equity securities with no quoted market prices in active markets and for which the fair value cannot be measured reliably are recorded at cost were W
Gain or loss on sale of available-for-sale financial assets	(b) Gain or loss on sale of available-for-sale 2016 2017 Gain on sale of available-for-sale W 707,134 529,411 Loss on sale of available-for-sale (59,593 ) (30,224 ) W 647,541 499,187

Property and equipment, net (Ta

Property and equipment, net (Tables)	12 Months Ended
	Dec. 31, 2018
Property and equipment, net [Abstract]
Property and equipment	(a) Details of property and equipment as of December 31, 2017 and 2018 were as follows: 2017 Acquisition cost Accumulated Book value Land W 1,819,912 — 1,819,912 Buildings 1,158,661 (275,240 ) 883,421 Others 1,958,787 (1,640,348 ) 318,439 W 4,937,360 (1,915,588 ) 3,021,772 2018 Acquisition cost Accumulated Book value Land W 1,827,711 — 1,827,711 Buildings 1,173,888 (321,319 ) 852,569 Others 2,002,755 (1,679,149 ) 323,606 W 5,004,354 (2,000,468 ) 3,003,886
Changes in property and equipment	(b) Changes in property and equipment for the years ended December 31, 2017 and 2018 were as follows: 2017 Land Buildings Others Total Beginning balance W 1,885,233 941,043 319,337 3,145,613 Acquisitions (*1) 1,460 24,354 129,435 155,249 Disposals (*1) (5,487 ) (357 ) (3,163 ) (9,007 ) Depreciation — (44,285 ) (129,256 ) (173,541 ) Impairment — — (16 ) (16 ) Amounts transferred from(to) investment properties (59,263 ) (32,519 ) — (91,782 ) Amounts transferred from(to) non-current (1,815 ) (3,521 ) — (5,336 ) Effects of foreign currency movements (216 ) (1,294 ) 2,102 592 Ending balance W 1,819,912 883,421 318,439 3,021,772 (*1) W construction-in 2018 Land Buildings Others Total Beginning balance W 1,819,912 883,421 318,439 3,021,772 Acquisitions (*1) 33 14,612 136,244 150,889 Disposals (*1) (17,735 ) (3,282 ) (9,699 ) (30,716 ) Depreciation — (47,207 ) (124,564 ) (171,771 ) Impairment — — — — Amounts transferred from(to) investment property 23,972 4,227 — 28,199 Amounts transferred from(to) non-current (32 ) (48 ) — (80 ) Effects of foreign currency movements 1,561 846 3,186 5,593 Ending balance W 1,827,711 852,569 323,606 3,003,886 (*1) W construction-in (*2) Included buildings, land.
Insured assets	(c) Insured assets and liability insurance as of December 31, 2018 were as follows: Type of insurance Insured assets Amount covered Insurance company Comprehensive insurance for financial institutions Cash (including 23,200 Samsung Fire & Marine Insurance Co., Ltd., etc. Comprehensive Property insurance Property Total Risk, 1,328,969 Samsung Fire & Marine Insurance Co., Ltd., etc. Fire insurance Business property 70,351 Meritz Fire & Marine Insurance Co., Ltd., etc. Compensation liability insurance for officers Officer liability 50,000 Meritz Fire & Marine Insurance Co., Ltd., etc. Compensation liability insurance for employee accident Executives 32,743 Meritz Fire & Marine Insurance Co., Ltd., etc. Burglary insurance Cash and securities 18,195 Samsung Fire & Marine Insurance Co., Ltd., etc. Others Personal 80,724 Samsung Fire & Marine Insurance Co., Ltd.,etc.

Intangible assets, net (Tables)

Intangible assets, net (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible assets, net [Abstract]
Intangible assets	(a) Details of intangible assets as of December 31, 2017 and 2018 were as follows: 2017 (*1) 2018 Goodwill W 3,901,260 3,903,518 Software 83,829 102,393 Development cost 75,322 82,536 Others 212,910 231,687 W 4,273,321 4,320,134 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively.
Changes in intangible assets	(b) Changes in intangible assets for the years ended December 31, 2017 and 2018 were as follows: 2017 Goodwill Software Development Other Total Beginning balance W 3,873,060 94,261 56,563 202,628 4,226,512 Acquisitions — 27,354 40,378 56,982 124,714 Business combination (*1) 28,200 — — 15,255 43,455 Disposals — (21 ) — (12,901 ) (12,922 ) Impairment (*2) — — (206 ) 26 (180 ) Amortization (*3) — (38,095 ) (21,413 ) (48,941 ) (108,449 ) Effects of foreign currency movements — 330 — (139 ) 191 Ending balance W 3,901,260 83,829 75,322 212,910 4,273,321 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd was completed, the amount was adjusted retrospectively. (*2) Memberships such as golf and condominium memberships are intangible assets that cannot be limited to a specific period of time. If the market value of the exchanges is less than the carrying amount at the end of the reporting period, the impairment loss is recognized. (*3) Included general administrative expense and other operating income at comprehensive income. 2018 Goodwill Software Development Other Total Beginning balance W 3,901,260 83,829 75,322 212,910 4,273,321 Acquisitions — 56,009 38,230 69,501 163,740 Business combination 2,258 — — — 2,258 Disposals — (334 ) (5,880 ) (7,117 ) (13,331 ) Impairment (*1) — — (706 ) (362 ) (1,068 ) Amortization (*2) — (40,792 ) (24,430 ) (41,957 ) (107,179 ) Effects of foreign currency movements — 3,681 — (1,288 ) 2,393 Ending balance W 3,903,518 102,393 82,536 231,687 4,320,134 (*1) Memberships such as golf and condominium memberships are intangible assets that cannot be limited to a specific period of time. If the market value of the exchanges is less than the carrying amount at the end of the reporting period, the impairment loss is recognized. (*2) Included general administrative expense and other operating income at comprehensive income.
Goodwill allocated in the Group's CGUs	i) Goodwill allocated in the Group’s CGUs as of December 31, 2017 and 2018 2017 (*1) 2018 Banking W 810,058 810,058 Credit card 2,773,231 2,773,231 Securities 5,646 7,904 Life insurance 275,371 275,371 Others 36,954 36,954 W 3,901,260 3,903,518 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd. was completed, the amount was adjusted retrospectively.
Changes in goodwill	ii) Changes in goodwill for the years ended December 31, 2017 and 2018 2017 (*1) 2018 Beginning balance W 3,873,060 3,901,260 Acquisitions through business combinations (*2) 28,200 2,258 Ending balance W 3,901,260 3,903,518 (*1) As the accounting treatment for the acquisition of ANZ Retail business by Shinhan Bank Vietnam Co. Ltd. was completed, the amount was adjusted retrospectively (Note 57). (*2) Goodwill recognized as a result of the acquisition of the business by Shinhan Financial Investment Co., Ltd. (Note 58).
Discount rates and terminal growth rates	Discount rates and terminal growth rates applied to each CGU are as follows: Discount rates(%) Terminal growth rate(%) Banking 7.0~13.8 1.2~2.9 Credit card 8.4 1.8 Securities 11.9, 12.4 2.9 Life insurance 8.5 0.0 Others 9.8, 13.2 1.8
Key assumptions	iv) Key assumptions Key assumptions used in the discounted cash flow calculations of CGUs (other than Shinhan Life Insurance) are as follows: 2018 2019 2020 2021 2022 2023 CPI growth 1.6 % 1.7 % 1.5 % 2.1 % 2.3 % 2.3 % Real retail sales growth 3.0 % 2.4 % 2.2 % 2.3 % 2.2 % 2.2 % Real GDP growth 2.9 % 2.8 % 2.4 % 3.2 % 3.0 % 3.0 % Key assumptions used in the discounted cash flow calculations of Shinhan Life Insurance are as follows: Key assumptions Rate of return on investment 3.65 % Risk-based capital ratio 199.61 % The values for the CPI growth rate, real retail sales growth rate, real GDP growth rate, rate of return on investment and risk-based capital ratio are based on a combination of internal and external analysis.
Total recoverable amount and total carrying value of CGUs to which goodwill has been allocated	v) Total recoverable amount and total carrying value of CGUs to which goodwill has been allocated, are as follows: Amount Total recoverable amount W 42,291,637 Total carrying value 37,775,928 W 4,515,709

Investments in associates (Tabl

Investments in associates (Tables)	12 Months Ended
	Dec. 31, 2018
Investments in associates [Abstract]
Investments in associates	(a) Investments in associates as of December 31, 2017 and December 31, 2018 are as follows: Investees Country Reporting date Ownership (%) 2017 2018 BNP Paribas Cardif Life Insurance (*1)(*3) Korea September 30 14.99 14.99 Daewontos Co., Ltd. (*1)(*4) ” December 31 36.33 36.33 Neoplux Technology Valuation Investment Fund (*1) ” September 30 33.33 33.33 JAEYOUNG SOLUTEC CO., LTD. (*7) ” — 9.61 — Partners 4th Growth Investment Fund (*1) ” September 30 25.00 25.00 Songrim Partners. (*1)(*4) ” ” 35.34 35.34 KTB Newlake Global Healthcare PEF (*1) ” ” 30.00 30.00 JAEYANG INDUSTRY (*1)(*4) ” December 31 25.90 25.90 Chungyoung INC (*10) ” — 18.94 — DAEKWANG SEMICONDUCTOR CO., LTD. (*1)(*4) ” September 30 20.94 20.94 Shinhan-Neoplux Energy Newbiz Fund (*1) ” ” 23.33 23.33 Shinhan-Albatross Tech Investment Fund ” December 31 50.00 50.00 Asia Pacific No.39 Ship Investment Co., Ltd. (*7) ” — 50.00 — KCLAVIS Meister Fund No.17 ” December 31 26.09 26.09 SG No.9 Corporate Recovery Private Equity Fund ” ” 26.49 26.49 Plutus-SG ” ” 26.67 26.67 SG ARGES Private Equity Fund No.1 ” ” 24.06 24.06 OST Progress- 2 Fund (*7) ” — 27.62 — Eum Private Equity Fund No.3 ” December 31 20.76 20.76 Richmond Private Yong in Retail Facility Real Estate Fund No.1 (*7) ” — 41.80 — KTB Confidence Private Placement ” December 31 30.29 30.29 Meritz AI-SingA330-A ” ” 23.89 23.89 Meritz AI-SingA330-B ” ” 20.16 20.16 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 (*7) ” — 22.86 — VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 ” December 31 20.00 20.00 Platform Partners Brick Save Private Investment Trust (*6) ” ” 98.77 98.77 Synergy-Shinhan Mezzanine New Technology Investment Fund ” ” 47.62 47.62 The Asia Pacific Capital Fund II L.P. Cayman Islands ” 25.18 25.18 Shinhan Praxis K-Growth Korea ” 18.87 18.87 Credian Healthcare Private Equity Fund II ” ” 34.07 34.07 Kiwoom Milestone Professional Private Real Estate Trust 19 ” ” 50.00 50.00 AIP EUROGREEN Private Real Estate Investment Trust No.3 (*11) ” ” 21.28 21.28 Brain Professional Private Trust No.4 ” ” 27.49 27.50 Hanhwa US Equity Strategy Private Real Estate Fund No.1 ” ” 44.84 44.84 Brain KS Qualified Privately Placed Fund No.6 ” ” 50.00 50.00 M360 CRE Income Fund (*7) U.S.A — 57.87 — Shinhan Global Healthcare Fund 1 (*5) Korea December 31 4.41 4.41 JB Power TL Investment Type Private Placement Special Asset Fund 7 ” ” 33.33 33.33 IBK AONE convertible 1 ” ” 47.25 47.25 Rico Synergy Collabo Multi-Mezzanine ” ” 50.00 50.03 KB NA Hickory Private Special Asset Fund ” ” 37.50 37.50 GB Professional Private Investment Trust 6 (*6) ” ” 94.51 94.51 Koramco Europe Core Private Placement Real Estate Fund No.2-2 ” ” 48.49 44.02 SHBNPP Private Korea Equity Long-Short Professional Feeder(*8) ” ” 9.85 21.52 Shinhan-Stonebridge Petro PEF (*5) ” ” 1.82 1.82 BNP Paribas Cardif General Insurance (*1)(*2) ” September 30 10.00 10.00 Axis Global Growth New Technology Investment Association ” December 31 31.85 31.85 Polaris No7 Start up and Venture Private Equity Fund ” ” 28.57 28.57 Hermes Private Investment Equity Fund ” ” 29.17 29.17 Shinhan AIM FoF Fund 1a ” ” — 24.91 Daishin Heim Qualified Investor Private Investment Trust No.1808 ” ” — 34.48 Heungkuk High Class Professional Trust Private Fund 37 ” ” — 50.00 IGIS Global Credit Fund 150-1 ” ” — 25.11 GX SHINHAN INTERVEST 1st Private Equity Fund ” ” — 25.27 Soo Commerce Platform Growth Fund ” ” — 24.62 Partner One Value up I Private Equity Fund ” ” — 27.91 Genesis No.1 Private Equity Fund ” ” — 22.80 GMB ICT New Technology Investment Fund ” ” — 26.75 Soo Delivery Platform Growth Fund ” ” — 30.00 Genesis North America Power Company No.1 PEF ” ” — 39.92 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 ” ” — 23.33 (*1) The latest financial statements were used for the equity method since the financial statements as of December 31, 2018 were not available. Significant trades and events occurred within the period were properly reflected. (*2) The Group applies the equity method accounting as the Group has significant influence on the financial and operating policies of the investee through the ability to elect investees’ board members and representation in decision making bodies of the investee. (*3) The Group applies the equity method accounting as the Group has a significant influence on the investees through important business transactions. (*4) As a part of the rehabilitation process, the Group acquired shares through the conversion of equity investments; as the Group cannot exercise voting rights during the process, the Group has classified the shares as investments at fair value through profit or loss. The Group reclassified Securities at fair value through profit or loss to investments in associates as the reorganization procedures were completed and now the Group can normally exercise its voting rights to the investees. (*5) As a managing partner, the Group has a significant influence over the investees. (*6) As a limited partner, the Group does not have an ability to participate in policy-making processes to obtain economic benefit from the investees that would allow the Group to control the entity. (*7) The associates were disposed or reclassified. (*8) Although the ownership interests were less than 20%, the Group has a significant influence. (*9) Although the ownership interests were more than 50%, the Group applies the equity method accounting as the Group does not have an ability to participate in the financial and operating policy-making process. (*10) These entities were excluded from the scope of associates due to the Shinhan Bank’s accounting policy change, which is to change significant influence criteria from 15% to 20%. (*11) During this period, the name of FG EUROGREEN Private Real Estate Investment Trust No.3 has been changed to AIP EUROGREEN Private Real Estate Investment Trust No.3.
Changes in investments in associates	(b) Changes in investments in associates for the years ended December 31, 2017 and 2018 were as follows: 2017 Investees Beginning balance Investment and dividend Equity method income (loss) Change in other Impairment loss Ending balance BNP Paribas Cardif Life Insurance W 60,213 (255 ) 3,682 (11,024 ) — 52,616 Aju Capital Co., Ltd. 40,836 (42,022 ) 438 748 — — Daewontos Co., Ltd. (*2) — — — — — — Neoplux Technology Valuation Investment Fund 7,526 3,890 1,564 490 — 13,470 JAEYOUNG SOLUTEC CO., LTD. (*1) 5,736 — (2,009 ) 122 — 3,849 Partners 4th Growth Investment Fund 4,555 9,220 (385 ) — — 13,390 JAEYANG INDUSTRY (*2) — — — — — — Chungyoung INC (*2) — — — — — — DAEKWANG SEMICONDUCTOR CO., LTD. 4,776 — (952 ) — — 3,824 Dream High Fund III 3,144 — (109 ) (830 ) — 2,205 Asia Pacific No.39 Ship Investment Co., Ltd. 5,176 (802 ) 300 8 — 4,682 KCLAVIS Meister Fund No.17 2,989 — 50 — — 3,039 SG No.9 Corporate Recovery Private Equity Fund 3,982 (192 ) 173 — — 3,963 Plutus-SG 4,299 (132 ) 84 — — 4,251 SG ARGES Private Equity Fund No.1 8,976 (2,754 ) 200 — — 6,422 OST Progress- 2 Fund 1,460 3,500 (65 ) — — 4,895 Eum Private Equity Fund No.3 5,933 (1,362 ) 354 — — 4,925 Richmond Private Yong in Retail Facility Real Estate Fund No.1 — 7,223 878 — — 8,101 KTB Confidence Private Placement — 4,927 377 1,099 — 6,403 Meritz AI-SingA330-A — 6,504 457 (204 ) — 6,757 Meritz AI-SingA330-B — 8,012 628 (253 ) — 8,387 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 — 5,867 145 — — 6,012 Platform Partners Brick Save Private Investment Trust — 7,877 192 — — 8,069 Synergy-Shinhan Mezzanine New Technology Investment Fund — 5,000 (1 ) — — 4,999 The Asia Pacific Capital Fund II L.P. 11,579 454 (901 ) (3,825 ) — 7,307 Shinhan Praxis K-Growth 13,533 6,415 (1,590 ) 596 — 18,954 Credian Healthcare Private Equity Fund II 4,087 — 7 (281 ) — 3,813 Kiwoom Milestone Professional Private Real Estate Trust 19 10,761 (222 ) (131 ) — — 10,408 FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3 21,237 (841 ) 641 (577 ) — 20,460 Brain Professional Private Trust No.4 5,316 — 529 2 — 5,847 Hanhwa US Equity Strategy Private Real Estate Fund No.1 25,764 (1,859 ) 1,591 (17 ) — 25,479 Brain KS Qualified Privately Placed Fund No.6 4,896 — (78 ) (13 ) — 4,805 M360 CRE Income Fund 23,167 132,768 9,270 (11,300 ) — 153,905 Shinhan Global Healthcare Fund 1 — 3,440 (33 ) — — 3,407 JB Power TL Investment Type Private Placement Special Asset Fund 7 — 18,268 422 — — 18,690 IBK AONE convertible 1 — 5,000 122 — — 5,122 Rico synergy collabo Multi-Mezzanine 3 — 5,001 25 — — 5,026 KB NA Hickory Private Special Asset Fund — 33,362 729 — — 34,091 GB PROFESSIONAL PRIVATE INVESTMENT TRUST 6 — 8,600 — — — 8,600 Koramco Europe Core Private Real Estate Trust No.2-2 — 21,408 (648 ) — — 20,760 SHBNPP Private Korea Equity Long-Short 14,180 (9,972 ) 653 — — 4,861 SHBNPP Private Multi Strategy Professional Feeder No.1 5,014 (5,049 ) 35 — — — Shinhan-Stonebridge Petro PEF 18,487 — 714 — — 19,201 BNP Paribas Cardif General Insurance 2,584 2,750 (910 ) 5 — 4,429 Axis Global Growth New Technology Investment Association — 5,000 (47 ) — — 4,953 Polaris No.7 Entrepreneur Private Equity Fund — 4,400 (41 ) — — 4,359 Hermes Private Investment Equity Fund — 17,500 (3 ) — — 17,497 Others 33,394 21,820 4,036 (45 ) (144 ) 59,061 W 353,600 282,744 20,393 (25,299 ) (144 ) 631,294 (*1) The market value of the investment is W (*2) The Group has stopped recognizing its equity method income or loss due to the investees’ cumulative loss. 2018 Investees Beginning balance Investment and dividend Equity method income (loss) Change in other Impairment loss Ending balance BNP Paribas Cardif Life Insurance W 52,616 (2,043 ) 783 (1,540 ) — 49,816 Daewontos Co., Ltd. (*1) — — — — — — Songrim Partners. (*1) 48 — (48 ) — — — Neoplux Technology Valuation Investment Fund 13,470 6,000 (242 ) (490 ) — 18,738 JAEYOUNG SOLUTEC CO., LTD. 3,849 (2,865 ) (836 ) (148 ) — — Partners 4th Growth Investment Fund 13,390 2,597 625 — — 16,612 JAEYANG INDUSTRY (*1) — — — — — — KTB Newlake Global Healthcare PEF 2,653 7,470 (238 ) — — 9,885 DAEKWANG SEMICONDUCTOR CO., LTD. 3,824 — (490 ) — — 3,334 Shinhan-Neoplux Energy Newbiz Fund 1,400 2,800 (226 ) — — 3,974 Shinhan-Albatross Tech Investment Fund 2,672 6,000 (70 ) 306 — 8,908 Asia Pacific No.39 Ship Investment Co., Ltd. 4,682 (4,803 ) 121 — — — KCLAVIS Meister Fund No.17 3,039 — 44 — — 3,083 SG No.9 Corporate Recovery Private Equity Fund 3,963 (3,102 ) 566 — — 1,427 Plutus-SG 4,251 (132 ) 133 — — 4,252 SG ARGES Private Equity Fund No.1 6,422 (2,295 ) 214 — — 4,341 OST Progress- 2 Fund 4,895 (4,895 ) — — — — Eum Private Equity Fund No.3 4,925 (277 ) 241 — — 4,889 Richmond Private Yong in Retail Facility Real Estate Fund No.1 8,101 (10,286 ) 2,185 — — — KTB Confidence Private Placement 6,403 (389 ) 387 (1,099 ) — 5,302 Meritz AI-SingA330-A 6,757 (1,518 ) 193 — — 5,432 Meritz AI-SingA330-B 8,387 (305 ) 347 — — 8,429 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 6,012 (6,035 ) 23 — — — VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 1,638 3,060 133 — — 4,831 Platform Partners Brick Save Private Investment Trust 8,069 (496 ) 547 — — 8,120 Synergy-Shinhan Mezzanine New Technology Investment Fund 4,999 5,000 150 — — 10,149 The Asia Pacific Capital Fund II L.P. 7,307 (3,004 ) (656 ) 2,602 (5,849 ) 400 Shinhan Praxis K-Growth 18,954 (7,473 ) 5,046 — — 16,527 Credian Healthcare Private Equity Fund II 3,813 — 740 — — 4,553 Kiwoom Milestone Professional Private Real Estate Trust 19 10,408 (199 ) 210 — — 10,419 AIP EURO GREEN PRIVATE REAL ESTATE TRUST No.3 20,460 (1,253 ) 1,337 — — 20,544 Brain Professional Private Trust No.4 5,847 (1,274 ) 671 — — 5,244 Hanhwa US Equity Strategy Private Real Estate Fund No.1 25,479 (2,000 ) 2,753 — — 26,232 Brain KS Qualified Privately Placed Fund No.6 4,805 — 292 — — 5,097 M360 CRE Income Fund 153,905 (171,215 ) 6,183 11,127 — — Shinhan Global Healthcare Fund 1 3,407 — (122 ) — — 3,285 JB Power TL Investment Type Private Placement Special Asset Fund 7 18,690 (2,075 ) 869 — — 17,484 IBK AONE convertible 1 5,122 — 784 — — 5,906 Rico synergy collabo Multi-Mezzanine 5,026 — 264 — — 5,290 KB NA Hickory Private Special Asset Fund 34,091 (1,560 ) 1,829 — — 34,360 GB Professional Private Investment Trust 6 8,600 — (12 ) — — 8,588 Koramco Europe Core Private Placement Real Estate Fund No.2-2 20,760 (2,357 ) 213 — — 18,616 SHBNPP Private Korea Equity Long-Short 4,861 9,412 97 — — 14,370 Shinhan-Stonebridge Petro PEF 19,201 (1,133 ) 613 — — 18,681 BNP Paribas Cardif General Insurance 4,429 — (1,026 ) 20 — 3,423 Axis Global Growth New Technology Investment Association 4,953 — (78 ) — — 4,875 Polaris No7 Start up and Venture Private Equity Fund 4,359 — (21 ) — — 4,338 Hermes Private Investment Equity Fund 17,497 (5,158 ) (5,274 ) — — 7,065 Shinhan AIM FoF Fund 1a — 4,125 226 — — 4,351 Daishin Heim Qualified Investor Private Investment Trust No.1808 — 9,786 340 — — 10,126 Heungkuk High Class Professional Trust Private Fund 37 — 9,178 260 — — 9,438 IGIS Global Credit Fund 150-1 — 8,529 367 — — 8,896 GX SHINHAN INTERVEST 1st Private Equity Fund — 34,900 (3,069 ) — — 31,831 Soo Commerce Platform Growth Fund — 6,500 (122 ) — — 6,378 Partner One Value up I Private Equity Fund — 12,000 (61 ) — — 11,939 Genesis No.1 Private Equity Fund — 46,068 (310 ) — — 45,758 GMB ICT New Technology Investment Fund — 8,000 (66 ) — — 7,934 Soo Delivery Platform Growth Fund — 9,000 (17 ) — — 8,983 Genesis North America Power Company No.1 PEF — 21,592 (768 ) — — 20,824 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 — 6,300 (96 ) — — 6,204 Others (*2) 52,855 37,442 1,550 2 — 91,849 W 631,294 17,617 17,488 10,780 (5,849 ) 671,330 (*1) The Group has stopped recognizing its equity method income or loss due to the investees’ cumulative loss. (*2) Disposal by account reclassification includes non-cash
Condensed statement of financial position information of associates	(c) The statement of financial information as of and for the year ended December 31, 2017 and 2018 were as follows: 2017 Investees Asset Liability Operating revenue Net profit (loss) Other (loss) Total (loss) BNP Paribas Cardif Life Insurance W 4,133,674 3,781,688 78,010 24,230 (73,495 ) (49,265 ) Daewontos Co., Ltd. 400 2,492 — — — — Neoplux Technology Valuation Investment Fund 40,692 283 5,895 4,691 1,471 6,162 JAEYOUNG SOLUTEC CO., LTD. 157,009 137,916 142,228 (22,756 ) 2,764 (19,992 ) Partners 4th Growth Investment Fund 53,944 383 137 (1,540 ) — (1,540 ) JAEYANG INDUSTRY 2,146 4,717 — — — — Chungyoung INC 3,292 8,392 5,568 (693 ) — (693 ) DAEKWANG SEMICONDUCTOR CO., LTD. 29,069 10,806 13,929 (4,549 ) — (4,549 ) Dream High Fund III 4,076 34 27 (200 ) (1,522 ) (1,722 ) Asia Pacific No.39 Ship Investment Co., Ltd. 9,389 27 666 616 32 648 KCLAVIS Meister Fund No.17 11,694 42 425 194 — 194 SG No.9 Corporate Recovery Private Equity Fund 15,035 76 (157 ) 652 — 652 Plutus-SG 16,009 69 317 316 — 316 SG ARGES Private Equity Fund No.1 26,758 69 (351 ) 832 — 832 OST Progress- 2 Fund 17,829 107 (234 ) (234 ) — (234 ) Eum Private Equity Fund No.3 23,725 5 1,614 1,649 — 1,649 Richmond Private Yong in Retail Facility Real Estate Fund No.1 48,006 28,624 2,265 2,100 — 2,100 KTB Confidence Private Placement 42,230 21,090 1,604 1,242 3,629 4,871 Meritz AI-SingA330-A 28,286 1 1,914 1,913 (856 ) 1,057 Meritz AI-SingA330-B 41,599 1 3,117 3,116 (1,257 ) 1,859 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 26,316 14 648 634 — 634 Platform Partners Brick Save Private Investment Trust 8,441 271 207 194 — 194 Synergy-Shinhan Mezzanine New Technology Investment Fund 10,500 3 — (3 ) — (3 ) The Asia Pacific Capital Fund II L.P. 29,103 88 — (3,582 ) (10,269 ) (13,851 ) Shinhan Praxis K-Growth 100,805 353 7,273 (8,428 ) 3,156 (5,272 ) Credian Healthcare Private Equity Fund II 11,236 47 211 19 (823 ) (804 ) Kiwoom Milestone Professional Private Real Estate Trust 19 57,405 36,589 2,742 (262 ) — (262 ) FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3 97,203 1,066 5,851 3,012 (2,713 ) 299 Brain Professional Private Trust No.4 21,369 105 2,942 1,925 — 1,925 Hanhwa US Equity Strategy Private Real Estate Fund No.1 56,898 78 11,562 3,549 (37 ) 3,512 Brain KS Qualified Privately Placed Fund No.6 9,639 28 3 (110 ) (72 ) (182 ) M360 CRE Income Fund 265,945 — 7 14,179 — 14,179 Shinhan Global Healthcare Fund 1 77,166 — 3 (757 ) — (757 ) JB Power TL Investment Type Private Placement Special Asset Fund 7 56,125 53 7,115 1,267 — 1,267 IBK AONE Convertible 1 10,840 — 279 258 — 258 Rico Synergy Collabo Multi-Mezzanine 3 10,054 3 371 50 — 50 KB NA Hickory Private Special Asset Fund 90,978 67 11,092 1,945 — 1,945 GB PROFESSIONAL PRIVATE INVESTMENT TRUST 6 9,101 1 1 — — — Koramco Europe Core Private Placement Real Estate Fund No.2-2 44,886 2,074 2,503 (1,337 ) — (1,337 ) SHBNPP Private Korea Equity Long-Short 54,029 4,733 28,956 9,356 — 9,356 Shinhan-Stonebridge Petro PEF 1,056,401 2,740 39,170 39,170 — 39,170 BNP Paribas Cardif General Insurance 59,699 15,405 10,093 (9,294 ) 94 (9,200 ) Axis Global Growth New Technology Investment Association 15,553 — (147 ) (147 ) — (147 ) Polaris No7 Start up and Venture Private Equity Fund 15,280 22 (142 ) (142 ) — (142 ) Hermes Private Investment Equity Fund 60,000 10 (10 ) (10 ) — (10 ) W 6,959,834 4,060,572 387,704 63,065 (79,898 ) (16,833 ) (*) As of December 31, 2017, the Group has discontinued the application of the equity method of accounting and excluded the financial information of the associates for which financial information is not available. 2018 Investees Asset Liability Operating revenue Net profit (loss) Other (loss) Total (loss) BNP Paribas Cardif Life Insurance W 3,995,746 3,662,567 53,756 5,191 (10,268 ) (5,077 ) Daewontos Co., Ltd. 400 2,492 — — — — Songrim Partners. 2,288 2,311 1,898 (164 ) — (164 ) Neoplux Technology Valuation Investment Fund 57,018 804 390 (724 ) (1,969 ) (2,693 ) Partners 4th Growth Investment Fund 67,403 954 4,424 3,025 — 3,025 JAEYANG INDUSTRY 2,146 4,717 — — — — KTB Newlake Global Healthcare PEF 32,508 123 69 (793 ) — (793 ) DAEKWANG SEMICONDUCTOR CO., LTD. 25,459 9,537 15,794 (2,341 ) — (2,341 ) Shinhan-Neoplux Energy Newbiz Fund 17,347 315 19 (968 ) — (968 ) Shinhan-Albatross Tech Investment Fund 18,009 182 299 (435 ) 917 482 KCLAVIS Meister Fund No.17 11,866 47 398 167 — 167 SG No.9 Corporate Recovery Private Equity Fund 5,566 181 — 2,136 — 2,136 Plutus-SG 16,012 69 778 499 — 499 SG ARGES Private Equity Fund No.1 18,085 46 — 888 — 888 Eum Private Equity Fund No.3 23,552 5 1,667 1,311 — 1,311 KTB Confidence Private Placement 38,559 21,054 506 256 (3,629 ) (3,373 ) Meritz AI-SingA330-A 22,739 1 1,451 62 — 62 Meritz AI-SingA330-B 41,809 2 3,027 1,044 — 1,044 VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 24,174 15 3,046 1,165 — 1,165 Platform Partners brick save Private Investment trust 8,286 64 809 763 — 763 Synergy-Shinhan Mezzanine New Technology Investment Fund 21,312 — 553 331 — 331 The Asia Pacific Capital Fund II L.P. 1,674 86 1 (25,828 ) — (25,828 ) Shinhan Praxis K-Growth 87,897 307 31,059 26,381 — 26,381 Credian Healthcare Private Equity Fund II 13,408 47 2,364 2,171 — 2,171 Kiwoom Milestone Professional Private Real Estate Trust 19 57,678 36,839 3,383 422 — 422 AIP EURO GREEN PRIVATE REAL ESTATE TRUST No.3 96,624 86 18,700 6,287 — 6,287 Brain Professional Private Trust No.4 19,113 46 4,306 2,435 — 2,435 Hanhwa US Equity Strategy Private Real Estate Fund No.1 58,575 77 10,098 6,139 — 6,139 Brain KS Qualified Privately Placed Fund No.6 10,089 — 812 477 — 477 Shinhan Global Healthcare Fund 1 74,409 — 4 (2,757 ) — (2,757 ) JB Power TL Investment Type Private Placement Special Asset Fund 7 52,627 174 9,878 2,607 — 2,607 IBK AONE Convertible 1 12,807 307 2,042 1,660 — 1,660 Rico Synergy Collabo Multi-Mezzanine 3 10,736 161 686 529 — 529 KB NA Hickory Private Special Asset Fund 91,694 67 9,601 4,877 — 4,877 GB Professional Private Investment Trust 6 9,088 1 1 (13 ) — (13 ) Koramco Europe Core Private Placement Real Estate Fund No.2-2 44,491 2,202 6,470 878 — 878 SHBNPP Private Korea Equity Long-Short 77,465 10,728 18,729 728 — 728 Shinhan-Stonebridge Petro PEF 1,025,884 807 36,968 33,616 — 33,616 BNP Paribas Cardif General Insurance 51,211 16,986 10,972 (10,264 ) 196 (10,069 ) Axis Global Growth New Technology Investment Association 15,308 — 1 (245 ) — (245 ) Polaris No7 Start up and Venture Private Equity Fund 15,193 10 — (75 ) — (75 ) Hermes Private Investment Equity Fund 24,233 8 6 (18,025 ) — (18,025 ) Shinhan AIM FoF Fund 1a 17,478 11 3,004 342 — 342 Daishin Heim Qualified Investor Private Investment Trust No.1808 29,770 405 806 741 — 741 Heungkuk High Class Professional Trust Private Fund 37 20,523 1,646 1,045 1,005 — 1,005 IGIS Global Credit Fund 150-1 35,453 27 3,457 214 — 214 GX SHINHAN INTERVEST 1st Private Equity Fund 125,954 — 6 (12,146 ) — (12,146 ) Soo Commerce Platform Growth Fund 25,905 3 — (497 ) — (497 ) Partner One Value up I Private Equity Fund 42,776 — 326 (224 ) — (224 ) Genesis No.1 Private Equity Fund 201,103 434 — (1,360 ) — (1,360 ) GMB ICT New Technology Investment Fund 29,657 — 3 (242 ) — (242 ) Soo Delivery Platform Growth Fund 29,946 2 — (56 ) — (56 ) Genesis North America Power Company No.1 PEF 52,393 223 1 (1,922 ) — (1,922 ) SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 26,826 237 2 (411 ) — (411 ) W 6,938,272 3,777,413 263,615 28,857 (14,753 ) 14,103 (*) As of December 31, 2018, the Group has discontinued the application of the equity method of accounting and excluded the financial information of the associates for which financial information is not available.
Reconciliation of the financial information to the carrying values of its interests in the associates	(d) Reconciliation of the financial information to the carrying values of its interests in the associates as of December 31, 2017 and 2018 are as follows: 2017 Investees Net assets (a) Ownership (b) Interests (a)*(b) Intra-group Other Carrying Value BNP Paribas Cardif Life Insurance W 351,986 14.99 52,763 (147 ) — 52,616 Daewontos Co., Ltd. (*1) (2,092 ) 36.33 (760 ) — 760 — Neoplux Technology Valuation Investment Fund 40,409 33.33 13,470 — — 13,470 JAEYOUNG SOLUTEC CO., LTD. (*2) 17,484 9.61 1,680 — 2,169 3,849 Partners 4th Growth Investment Fund 53,561 25.00 13,390 — — 13,390 JAEYANG INDUSTRY (*3) (2,571 ) 25.90 (666 ) — 666 — Chungyoung INC (*3) (5,100 ) 18.94 (966 ) — 966 — DAEKWANG SEMICONDUCTOR CO., LTD. 18,263 20.94 3,824 — — 3,824 Dream High Fund III 4,042 54.55 2,205 — — 2,205 Asia Pacific No.39 Ship Investment Co., Ltd. 9,362 50.00 4,682 — — 4,682 KCLAVIS Meister Fund No.17 11,652 26.09 3,039 — — 3,039 SG No.9 Corporate Recovery Private Equity Fund 14,959 26.49 3,963 — — 3,963 Plutus-SG 15,940 26.67 4,251 — — 4,251 SG ARGES Private Equity Fund No.1 26,689 24.06 6,422 — — 6,422 OST Progress- 2 Fund 17,722 27.62 4,895 — — 4,895 Eum Private Equity Fund No.3 23,720 20.76 4,925 — — 4,925 Richmond Private Yong in Retail Facility Real Estate Fund No.1 19,382 41.80 8,101 — — 8,101 KTB Confidence Private Placement 21,140 30.29 6,403 — — 6,403 Meritz AI-SingA330-A 28,285 23.89 6,757 — — 6,757 Meritz AI-SingA330-B 41,598 20.16 8,387 — — 8,387 Pine Asia Unsecured Individual Rehabilitation Bond Fund 18 26,302 22.86 6,012 — — 6,012 Platform Partners Brick Save Private Investment Trust 8,170 98.77 8,069 — — 8,069 Synergy-Shinhan Mezzanine New Technology Investment Fund 10,497 47.62 4,999 — — 4,999 The Asia Pacific Capital Fund II L.P. 29,015 25.18 7,307 — — 7,307 Shinhan Praxis K-Growth 100,452 18.87 18,954 — — 18,954 Credian Healthcare Private Equity Fund II 11,189 34.07 3,813 — — 3,813 Kiwoom Milestone Professional Private Real Estate Trust 19 20,816 50.00 10,408 — — 10,408 FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3 96,137 21.28 20,460 — — 20,460 Brain Professional Private Trust No.4 21,264 27.49 5,847 — — 5,847 Hanhwa US Equity Strategy Private Real Estate Fund No.1 56,820 44.84 25,479 — — 25,479 Brain KS Qualified Privately Placed Fund No.6 9,611 50.00 4,805 — — 4,805 M360 CRE Income Fund 265,945 57.87 153,905 — — 153,905 Shinhan Global Healthcare Fund 1 77,166 4.41 3,407 — — 3,407 JB Power TL Investment Type Private Placement Special Asset Fund 7 56,072 33.33 18,690 — — 18,690 IBK AONE Convertible 1 10,840 47.25 5,122 — — 5,122 Rico Synergy Collabo Multi-Mezzanine 10,051 50.00 5,026 — — 5,026 KB NA Hickory Private Special Asset Fund 90,911 37.50 34,091 — — 34,091 GB PROFESSIONAL PRIVATE INVESTMENT TRUST 6 9,100 94.51 8,600 — — 8,600 Koramco Europe Core Private Placement Real Estate Fund No.2-2 42,812 48.49 20,760 — — 20,760 SHBNPP Private Korea Equity Long-Short Professional Feeder 49,296 9.85 4,861 — — 4,861 Shinhan-Stonebridge Petro PEF 1,053,661 1.82 19,201 — — 19,201 BNP Paribas Cardif General Insurance 44,294 10.00 4,429 — — 4,429 Axis Global Growth New Technology Investment Association 15,553 31.85 4,953 — — 4,953 Polaris No7 Start up and Venture Private Equity Fund 15,258 28.57 4,359 — — 4,359 Hermes Private Investment Equity Fund 59,990 29.17 17,497 — — 17,497 Others 218,647 — 58,362 — 699 59,061 W 3,116,300 — 626,181 (147 ) 5,260 631,294 (*1) Other adjustments represent the unrecognized equity method losses because the Group has stopped recognizing its equity method losses as the balance of the investment has been reduced to zero. (*2) Net assets do not include non-controlling (*3) Other adjustments represent the unrecognized equity method losses because the Group has stopped recognizing its equity method losses as the balance of the investment has been reduced to zero and the difference between the cost of the investment and the Group’s interests in the net carrying value of the investee’s assets and liabilities at the investment date. 2018 Investees Net assets (a) Ownership (b) Interests (a)*(b) Intra-group Other Carrying Value BNP Paribas Cardif Life Insurance W 333,179 14.99 49,952 (136 ) — 49,816 Daewontos Co., Ltd. (*1) (2,092 ) 36.33 (760 ) — 760 — Songrim Partners (*1) (23 ) 35.34 (8 ) — 8 — Neoplux Technology Valuation Investment Fund 56,214 33.33 18,738 — — 18,738 Partners 4th Growth Investment Fund 66,449 25.00 16,612 — — 16,612 JAEYANG INDUSTRY (*2) (2,571 ) 25.90 (666 ) — 666 — KTB Newlake Global Healthcare PEF (*3) 32,385 30.00 9,715 — 170 9,885 DAEKWANG SEMICONDUCTOR CO., LTD. 15,922 20.94 3,334 — — 3,334 Shinhan-Neoplux Energy Newbiz Fund 17,032 23.33 3,974 — — 3,974 Shinhan-Albatross Tech Investment Fund 17,827 50.00 8,908 — — 8,908 KCLAVIS Meister Fund No.17 11,819 26.09 3,083 — — 3,083 SG No.9 Corporate Recovery Private Equity Fund 5,385 26.49 1,427 — — 1,427 Plutus-SG 15,943 26.67 4,252 — — 4,252 SG ARGES Private Equity Fund No.1 18,039 24.06 4,341 — — 4,341 Eum Private Equity Fund No.3 23,547 20.76 4,889 — — 4,889 KTB Confidence Private Placement 17,505 30.29 5,302 — — 5,302 Meritz AI-SingA330-A 22,738 23.89 5,432 — — 5,432 Meritz AI-SingA330-B 41,807 20.16 8,429 — — 8,429 VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4 24,159 20.00 4,831 — — 4,831 Platform Partners brick save Private Investment trust 8,222 98.77 8,120 — — 8,120 Synergy-Shinhan Mezzanine New Technology Investment Fund 21,312 47.62 10,149 — — 10,149 The Asia Pacific Capital Fund II L.P. 1,588 25.18 400 — — 400 Shinhan Praxis K-Growth 87,590 18.87 16,527 — — 16,527 Credian Healthcare Private Equity Fund II 13,361 34.07 4,553 — — 4,553 Kiwoom Milestone Professional Private Real Estate Trust 19 20,839 50.00 10,419 — — 10,419 AIP EURO GREEN PRIVATE REAL ESTATE TRUST No.3 96,538 21.28 20,544 — — 20,544 Brain Professional Private Trust No.4 19,067 27.50 5,244 — — 5,244 Hanhwa US Equity Strategy Private Real Estate Fund No.1 58,498 44.84 26,232 — — 26,232 Brain KS Qualified Privately Placed Fund No.6 10,089 50.00 5,097 — — 5,097 Shinhan Global Healthcare Fund 1 74,409 4.41 3,285 — — 3,285 JB Power TL Investment Type Private Placement Special Asset Fund 7 52,453 33.33 17,484 — — 17,484 IBK AONE Convertible 1 12,500 47.25 5,906 — — 5,906 Rico Synergy Collabo Multi-Mezzanine 10,575 50.03 5,290 — — 5,290 KB NA Hickory Private Special Asset Fund 91,627 37.50 34,360 — — 34,360 GB Professional Private Investment Trust 6 9,087 94.51 8,588 — — 8,588 Koramco Europe Core Private Placement Real Estate Fund No.2-2 42,289 44.02 18,616 — — 18,616 SHBNPP Private Korea Equity Long-Short Professional Feeder 66,737 21.52 14,370 — — 14,370 Shinhan-Stonebridge Petro PEF 1,025,077 1.82 18,681 — — 18,681 BNP Paribas Cardif General Insurance 34,225 10.00 3,423 — — 3,423 Axis Global Growth New Technology Investment Association 15,308 31.85 4,875 — — 4,875 Polaris No7 Start up and Venture Private Equity Fund 15,183 28.57 4,338 — — 4,338 Hermes Private Investment Equity Fund 24,225 29.17 7,065 — — 7,065 Shinhan AIM FoF Fund 1a 17,467 24.91 4,351 — — 4,351 Daishin Heim Qualified Investor Private Investment Trust No.1808 29,365 34.48 10,126 — — 10,126 Heungkuk High Class Professional Trust Private Fund 37 18,877 50.00 9,438 — — 9,438 IGIS Global Credit Fund 150-1 35,426 25.11 8,896 — — 8,896 GX SHINHAN INTERVEST 1st Private Equity Fund 125,954 25.27 31,831 — — 31,831 Soo Commerce Platform Growth Fund 25,902 24.62 6,378 — — 6,378 Partner One Value up I Private Equity Fund 42,776 27.91 11,939 — — 11,939 Genesis No.1 Private Equity Fund 200,669 22.80 45,758 — — 45,758 GMB ICT New Technology Investment Fund 29,657 26.75 7,934 — — 7,934 Soo Delivery Platform Growth Fund 29,944 30.00 8,983 — — 8,983 Genesis North America Power Company No.1 PEF 52,170 39.92 20,824 — — 20,824 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 26,589 23.33 6,204 — — 6,204 Others 315,179 — 91,483 — 366 91,849 W 3,476,038 — 669,496 (136 ) 1,970 671,330 (*1) Other adjustments represent the unrecognized equity method losses because the Group has stopped recognizing its equity method losses as the balance of the investment has been reduced to zero. (*2) Other on this investee represents the cumulative losses as the Group has stopped the equity method, and its carrying value becomes zero due to the adjustment for the difference between the cost of the investment and the Group’s interests in the net carrying value of the investee’s assets and liabilities at the investment date. (*3) Other adjustments represent the difference between the cost of the investment and the Group’s interests in the net carrying value of the investee’s assets and liabilities at the investment date.
The unrecognized and cumulative unrecognized equity method losses	(e) The unrecognized equity method losses as of and for the years ended December 31, 2017 and 2018 are as follows: 2017 Investees Unrecognized equity Cumulative unrecognized Daewontos Co., Ltd. W — (760 ) JAEYANG INDUSTRY — (18 ) Chungyoung INC (130) (130 ) W (130) (908 ) 2018 Investees Unrecognized equity Cumulative unrecognized Daewontos Co., Ltd. W — (760 ) JAEYANG INDUSTRY — (18 ) Songlim Partners. (8) (8 ) W (8) (786 )

Investment properties, net (Tab

Investment properties, net (Tables)	12 Months Ended
	Dec. 31, 2018
Investment properties, net [Abstract]
Investment properties	(a) Investment properties as of December 31, 2017 and 2018 are as follows: 2017 2018 Acquisition cost W 508,784 579,852 Accumulated depreciation (90,481 ) (105,032 ) Book value W 418,303 474,820
Changes in investment properties	(b) Changes in investment properties for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 Beginning balance W 353,175 418,303 Acquisitions 2,125 115,333 Disposals (6,277 ) (13,608 ) Depreciation (16,095 ) (16,917 ) Amounts transferred from (to) property and equipment 91,782 (28,199 ) Amounts transferred to assets held for sale (*) (6,306 ) — Foreign currency adjustment (101 ) (92 ) Ending balance W 418,303 474,820 (*) Comprise land and buildings, etc.
Income and expenses on investment property	(c) Income and expenses on investment property for the years ended December 31, 2016, 2017 and 2018 were as follows: 2016 2017 2018 Rental income W 27,852 33,023 32,488 Direct operating expenses for investment properties that generated rental income 9,384 10,998 12,191
The fair value of investment property	(d) The fair value of investment property as of December 31, 2017 and 2018 is as follows: 2017 2018 Land and buildings (*) W 1,027,830 1,121,985 (*) Fair value of investment properties is estimated based on the recent market transactions and certain significant unobservable inputs. Accordingly, fair value of investment properties is classified as level 3.

Other assets, net (Tables)

Other assets, net (Tables)	12 Months Ended
	Dec. 31, 2018
Other assets, net [Abstract]
Other assets	Other assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Accounts receivable W 6,295,129 7,666,217 Domestic exchange settlement debit 2,973,751 6,121,332 Guarantee deposits 1,158,693 1,152,434 Present value discount (50,170 ) (44,694 ) Accrued income 1,624,992 1,896,822 Prepaid expense 163,727 194,040 Suspense payments 63,486 73,153 Sundry assets 53,034 92,221 Separate account assets 3,040,534 2,650,302 Advance payments 219,861 616,996 Unamortized deferred acquisition cost 888,262 786,134 Other 170,338 423,759 Allowances for impairment (49,679 ) (56,798 ) W 16,551,958 21,571,918

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Finance lease receivables of the Group as lessor	(a) Finance lease receivables of the Group as lessor as of December 31, 2017 and 2018 are as follows: 2017 Gross investment Unearned finance Present value of Not later than 1 year W 688,358 76,677 611,681 1 ~ 5 years 1,176,334 86,280 1,090,054 Later than 5 years 16,226 585 15,641 W 1,880,918 163,542 1,717,376 2018 Gross investment Unearned finance Present value of Not later than 1 year W 595,427 85,333 510,094 1 ~ 5 years 1,306,571 106,333 1,200,238 Later than 5 years 16,529 38 16,491 W 1,918,527 191,704 1,726,823
The scheduled maturities of minimum lease payments for finance and operating leases of the Group as lessor	(b) The scheduled maturities of minimum lease payments for finance and operating leases of the Group as lessor as of December 31, 2017 and 2018 are as follows: i) Finance lease 2017 Minimum lease Present value Present value of Not later than 1 year W 688,358 76,677 611,681 1 ~ 5 years 1,176,334 86,280 1,090,054 Later than 5 years 16,226 585 15,641 W 1,880,918 163,542 1,717,376 2018 Minimum lease Present value Present value of Not later than 1 year W 595,427 85,333 510,094 1 ~ 5 years 1,306,571 106,333 1,200,238 Later than 5 years 16,529 38 16,491 W 1,918,527 191,704 1,726,823
The scheduled maturities of minimum lease payments of the Group as lessor	ii) Operating lease Minimum lease payment 2017 2018 Not later than 1 year W 37,455 94,540 1 ~ 5 years 70,764 180,304 Over 5 years 12 10 W 108,231 274,854
Future minimum lease payments under non-cancellable operating lease of the Group as lessee	(c) Future minimum lease payments under non-cancellable Minimum lease payment 2017 2018 Not later than 1 year W 247,815 204,323 1 ~ 5 years 328,482 382,620 Later than 5 years 32,740 23,148 W 609,037 610,091

Pledged assets (Tables)

Pledged assets (Tables)	12 Months Ended
	Dec. 31, 2018
Pledged assets [Abstract]
Assets pledged as collateral	(a) Assets pledged as collateral as of December 31, 2017 and 2018 are as follows: 2017 2018 Loans Loans W 99,158 — Loans at amortized cost — 129,210 Securities Securities at FVTPL — 11,533,107 Securities at FVOCI — 1,372,746 Securities at amortized cost — 10,670,253 Trading assets 12,660,710 — Financial assets designated at fair value through profit or loss 587,380 — Available-for-sale 1,968,870 — Held-to-maturity 10,508,112 — 25,725,072 23,576,106 Deposits Deposits 1,501,661 — Deposits at amortized cost — 1,481,085 Real estate 157,485 154,490 W 27,483,376 25,340,891 The carrying amounts of asset pledged that the pledgees have the right to sell or repledge regardless of the Group’s default as of December 31, 2017 and 2018 are W W
The fair value of collateral held that the Group has the right to sell or repledge regardless of pledger's default	(b) The fair value of collateral held that the Group has the right to sell or repledge regardless of pledger’s default as of December 31, 2017 and 2018 are as follows: 2017 Collateral held Assets pledged Assets Securities W 8,779,621 3,749,516 2018 Collateral held Assets pledged Assets Securities W 7,342,239 5,190,387

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits [Abstract]
Deposits	Deposits as of December 31, 2017 and 2018 were as follows: 2017 2018 Demand deposits: W 102,928,642 106,160,833 Time deposits: 129,483,260 139,644,763 Negotiable certificates of deposits 7,583,365 9,247,088 Note discount deposits 3,423,459 4,087,530 CMA 4,197,146 4,084,709 Others 1,803,352 1,775,267 W 249,419,224 265,000,190

Financial liabilities at fair_2

Financial liabilities at fair value through profit or loss (Tables)	12 Months Ended
	Dec. 31, 2018
Financial liabilities at fair value through profit or loss [Abstract]
Financial liabilities at fair value through profit or loss	Financial liabilities at fair value through profit or loss as of December 31, 2018 are as follows: 2018 Securities sold: Stocks W 488,873 Bonds 440,382 Others 32,117 961,372 Gold deposits 458,934 W 1,420,306

Trading liabilities (Tables)

Trading liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Trading liabilities [Abstrct]
Trading liabilities	Trading liabilities as of December 31, 2017 are as follows: 2017 Securities sold: Stocks W 495,019 Bonds 871,884 Others 47,001 1,413,904 Gold deposits 434,586 W 1,848,490

Financial liabilities designa_3

Financial liabilities designated at fair value through profit or loss (IFRS9) (Tables)	12 Months Ended
	Dec. 31, 2018
Financial liabilities designated at fair value through profit or loss (IFRS9) [Abstract]
Financial liabilities designated at fair value through profit or loss (IFRS9)	Financial liabilities designated at fair value through profit or loss as of December 31, 2018 are as follows: 2018 Reason for designation Equity-linked securities sold W 6,439,292 Combined instrument Securities sold with embedded derivatives 2,096,508 Combined instrument W 8,535,800 (*) The Group designated the financial liabilities at the initial recognition (or subsequently) in accordance with paragraph 6.7.1 of IFRS 9 as financial liabilities at fair value through profit or loss. Maximum credit risk exposure of the financial liabilities designated at fair value through profit or loss amounts to W W W

Financial liabilities designa_4

Financial liabilities designated at fair value through profit or loss (IAS39) (Tables)	12 Months Ended
	Dec. 31, 2018
Financial liabilities designated at fair value through profit or loss (IAS39) [Abstract]
Financial liabilities designated at fair value through profit or loss (IAS39)	Financial liabilities designated at fair value through profit or loss as of December 31, 2017 are as follows: 2017 Reason for designation Equity-linked securities sold W 5,865,990 Combined instrument Securities sold with embedded derivatives 2,394,646 Combined instrument Securities sold 36,973 Evaluation and management on a fair value basis W 8,297,609

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2018
Borrowings [Abstract]
Borrowings	Borrowings as of December 31, 2017 and 2018 are as follows: 2017 Interest Amount Call money 0.00~6.20 W 856,813 Bill sold 0.65~3.26 13,605 Bonds sold under repurchase agreements 0.00~6.00 9,056,232 Borrowings in Korean won: Borrowings from Bank of Korea 0.50~0.75 2,913,045 Others 0.00~5.00 9,585,511 12,498,556 Borrowings in foreign currencies: Overdraft due to banks 0.00 128,634 Borrowings from banks 0.10~12.50 3,737,366 Others 0.00~7.90 1,295,572 5,161,572 Deferred origination costs (168 ) W 27,586,610 2018 Interest Amount Call money 0.00~6.85 W 1,425,162 Bill sold 0.75~1.70 14,536 Bonds sold under repurchase agreements 0.50~6.50 7,614,659 Borrowings in Korean won: Borrowings from Bank of Korea 0.50~0.75 2,329,946 Others 0.00~4.25 12,108,741 14,438,687 Borrowings in foreign currencies: Overdraft due to banks 0.00 77,673 Borrowings from banks 0.00~12.00 4,653,055 Others 2.60~7.90 1,596,626 6,327,354 Deferred origination costs (1,856 ) W 29,818,542

Debt securities issued (Tables)

Debt securities issued (Tables)	12 Months Ended
	Dec. 31, 2018
Debt securities issued [Abstract]
Debt securities issued	Debt securities issued as of December 31, 2017 and 2018 are as follows: 2017 Interest Amount Debt securities issued in Korean won: Debt securities issued 0.00~8.00 W 41,781,486 Subordinated debt securities issued 2.20~4.60 3,500,401 Loss on fair value hedges (274,047 ) Discount on debt securities issued (45,969 ) 44,961,871 Debt securities issued in foreign currencies: Debt securities issued 0.00~4.20 4,989,904 Subordinated debt securities issued 3.75~3.88 1,446,390 Loss on fair value hedges (25,794 ) Discount on debt securities issued (31,550 ) 6,378,950 W 51,340,821 2018 Interest Amount Debt securities issued in Korean won: Debt securities issued 0.00~8.00 W 50,661,472 Subordinated debt securities issued 2.20~4.60 4,400,145 Loss on fair value hedges (206,985 ) Discount on debt securities issued (84,962 ) 54,769,670 Debt securities issued in foreign currencies: Debt securities issued 0.20~4.01 6,278,680 Subordinated debt securities issued 3.75~5.00 2,271,799 Loss on fair value hedges (55,251 ) Discount on debt securities issued (37,199 ) 8,458,029 W 63,227,699

Employee benefits (Tables)

Employee benefits (Tables)	12 Months Ended
	Dec. 31, 2018
Defined benefit plan assets and liabilities [Abstract]
Defined benefit plan assets and liabilities	(a) Defined benefit obligations and plan assets Defined benefit obligations and plan assets as of December 31, 2017 and December 31, 2018 are as follows: 2017 2018 Present value of defined benefit obligations W 1,695,191 1,841,982 Fair value of plan assets (1,688,047 ) (1,714,634 ) Recognized liabilities for defined benefit obligations W 7,144 127,348
Changes in the present value of defined benefit obligation and plan assets	(b) Changes in the present value of defined benefit obligation and plan assets for the years ended December 31, 2017 and 2018 were as follows: 2017 Defined benefit Plan assets Net defined Beginning balance W 1,689,980 (1,559,101 ) 130,879 Included in profit or loss: Current service cost 172,152 — 172,152 Past service cost 2,810 — 2,810 Interest expense (income) 54,485 (52,136 ) 2,349 229,447 (52,136 ) 177,311 Included in other comprehensive income: Remeasurement loss (gain): - Actuarial gains (losses) arising from : Demographic assumptions 4,471 — 4,471 Financial assumptions (96,957 ) — (96,957 ) Experience adjustment (56,709 ) — (56,709 ) - Return on plan assets excluding interest income — 27,460 27,460 (149,195 ) 27,460 (121,735 ) Other: Benefits paid by the plan (74,841 ) 69,857 (4,984 ) Contributions paid into the plan — (174,127 ) (174,127 ) Effect of movements in exchange rates (200 ) — (200 ) (75,041 ) (104,270 ) (179,311 ) Ending balance W 1,695,191 (1,688,047 ) 7,144 2018 Defined benefit Plan assets Net defined Beginning balance W 1,695,191 (1,688,047 ) 7,144 Included in profit or loss: Current service cost 144,923 — 144,923 Past service cost 54 — 54 Interest expense (income) 59,836 (66,676 ) (6,840 ) 204,813 (66,676 ) 138,137 Included in other comprehensive income: Remeasurement loss (gain): - Actuarial gains (losses) arising from : Demographic assumptions 18,399 — 18,399 Financial assumptions 79,038 1,215 80,253 Experience adjustment (10,762 ) — (10,762 ) - Return on plan assets excluding interest income — 40,486 40,486 86,675 41,701 128,376 Other: Benefits paid by the plan (142,938 ) 137,335 (5,603 ) Contributions paid into the plan — (139,348 ) (139,348 ) Settlement gain or loss 407 — 407 Effect of movements in exchange rates (1,273 ) — (1,273 ) Others (*2) (893 ) 401 (492 ) (144,697 ) (1,612 ) (146,309 ) Ending balance W 1,841,982 (1,714,634 ) 127,348 (*1) Profit or loss arising from defined benefit plans is included in general and administrative expenses. (*2) Others represent the change amounts due to the conversion to defined contribution.
The composition of plan assets	(c) The composition of plan assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Plan assets comprise: Equity securities W 231,620 257,581 Debt securities 43,990 817 Due from banks 1,380,656 1,394,634 Other 31,781 61,602 W 1,688,047 1,714,634
Actuarial assumptions	(d) Actuarial assumptions as of December 31, 2017 and 2018 are as follows: 2017 2018 Description Discount rate 2.44%~4.07% 3.02%~3.22% AA0 corporate bond yields Future salary increase rate 0.99%~5.61% + Upgrade rate 0.99%~3.40% + Upgrade rate Average for 5 years Weighted average maturity 7.25 years ~ 7.7 years ~ 9.9 years
Sensitivity analysis	(e) Sensitivity analysis As of December 31, 2018, reasonably possible changes in one of the relevant actuarial assumptions, holding other assumptions constant, would have affected the defined benefit obligation by the amounts shown below. Defined benefit obligation Increase Decrease Discount rate (1%p movement) W (159,549 ) 180,542 Future salary increase rate (1%p movement) 176,924 (159,169 )

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2018
Provisions [Abstract]
Provisions	(a) Provisions as of December 31, 2017 and 2018 are as follows: 2017 2018 Asset retirement obligations W 45,495 49,183 Expected loss related to litigation 32,650 25,554 Unused credit commitments 168,006 232,347 Bonus card point reward program (*) 26,434 — Financial guarantee contracts issued 80,861 115,325 Others 75,512 86,007 W 428,958 508,416 (*) In accordance with IFRS 15, the Group has adjusted all bonus card point reward program related to customer loyalty programs.
Changes in provision for unused credit commitments and financial guarantee contracts issued	(b) Changes in provision for unused credit commitments and financial guarantee contracts issued as of December 31, 2018 are as follows: Unused credit commitments Financial guarantee contracts issued Total 12 month Life time Impaired financial asset 12 month Life time Impaired Beginning allowance W 124,492 96,010 2,137 31,456 3,368 2,464 259,927 Transfer to 12 month expected credit loss 42,514 (42,057 ) (457 ) 1,140 (1,140 ) — — Transfer to life time expected credit loss (8,899 ) 8,976 (77 ) (1,804 ) 1,804 — — Transfer to impaired financial asset (213 ) (802 ) 1,015 (13 ) — 13 — Provided (reversed) (32,070 ) 38,576 2,519 (3,964 ) 455 (690 ) 4,826 FX change 578 105 — 758 481 449 2,371 Others (*1) — — — 36,621 936 (479 ) 37,078 Ending balance W 126,402 100,808 5,137 64,194 5,904 1,757 304,202 (*1) Others include the adjustment of the provision from financial guarantee contracts measured at fair value newly, and the expired contracts, and the change of discount rate.
Changes in provisions	(c) Changes in provisions for the years ended December 31, 2017 and 2018 were as follows: 2017 Asset Litigation Unused Card point Guarantee Other Total Beginning balance W 50,738 34,471 450,997 25,425 79,238 88,019 728,888 Provision(reversal) (4,562 ) 704 (279,508 ) 51,294 2,548 11,797 (217,727 ) Provision used (2,695 ) (1,908 ) — (50,285 ) (132 ) (22,637 ) (77,657 ) Foreign exchange translation — (617 ) (3,483 ) — (4,458 ) (52 ) (8,610 ) Others (*1) 2,014 — — — 3,665 (1,615 ) 4,064 Ending balance W 45,495 32,650 168,006 26,434 80,861 75,512 428,958 (*1) Others include the effects of decrease in discount and changes in discount rate. (*2) Provisions for card point were classified as fees and commission expense. 2018 Asset Litigation Guarantee Other Total Beginning balance (*1) W 45,495 32,650 46,340 75,512 199,997 Provision(reversal) 4,789 (1,138 ) (2,833 ) 4,900 5,718 Provision used (4,210 ) (6,343 ) — (7,554 ) (18,107 ) Foreign exchange translation — 385 1,677 (1,006 ) 1,056 Others (*2) 3,109 — (1,714 ) 14,155 15,550 Ending balance W 49,183 25,554 43,470 86,007 204,214 (*1) In accordance with IFRS 15, the Group has adjusted all bonus card point reward program related to customer loyalty programs. (*2) Others include the effects of decrease in discount and changes in discount rate.
Allowance for guarantees and acceptances	(e) Allowance for guarantees and acceptances as of December 31, 2017 and 2018 are as follows: 2017 2018 Guarantees and acceptances outstanding W 7,611,211 9,437,691 Contingent guarantees and acceptances 3,259,613 3,985,532 ABS and ABCP purchase commitments 2,035,543 2,083,522 Endorsed bill 85,456 37,667 W 12,991,823 15,544,412 Allowance for loss on guarantees and acceptances W 80,861 115,325 Ratio % 0.62 0.74

Liability under insurance con_2

Liability under insurance contracts (Tables)	12 Months Ended
	Dec. 31, 2018
Insurance liabilities [Abstract]
Insurance liabilities	(a) Insurance liabilities as of December 31, 2017 and 2018 are as follows: 2017 2018 Policy reserve W 24,515,364 26,211,044 Policyholder’s equity adjustment (76 ) 7,838 W 24,515,288 26,218,882
Policy reserve	(b) Policy reserve as of December 31, 2017 and 2018 are as follows: 2017 2018 Interest rate linked W 16,464,193 17,328,353 Fixed interest rate 8,051,171 8,882,691 W 24,515,364 26,211,044
The details of policy reserves	(c) The details of policy reserves as of December 31, 2017 and 2018 are as follows: 2017 Individual insurance Group insurance Pure Death Endowment Subtotal Pure Savings Subtotal Total Premium reserve W 5,343,670 10,628,661 7,323,183 23,295,514 32,538 57 32,595 23,328,109 Guarantee reserve 11,678 50,615 151 62,444 — — — 62,444 Unearned premium reserve 3 364 — 367 652 — 652 1,019 Reserve for outstanding claims 98,596 784,535 176,566 1,059,697 26,068 — 26,068 1,085,765 Interest rate difference guarantee reserve 2,280 159 12 2,451 — — — 2,451 Mortality gains reserve 7,736 5,195 200 13,131 5 — 5 13,136 Interest gains reserve 18,463 268 20 18,751 — — — 18,751 Long term duration dividend reserve 59 10 1 70 — — — 70 Reserve for policyholder’s profit dividend 2,374 — — 2,374 — — — 2,374 Reserve for losses on dividend insurance contract 1,245 — — 1,245 — — — 1,245 W 5,486,104 11,469,807 7,500,133 24,456,044 59,263 57 59,320 24,515,364 2018 Individual insurance Group insurance Pure Death Endowment Subtotal Pure Savings Subtotal Total Premium reserve W 5,729,045 11,722,964 7,482,084 24,934,093 24,422 58 24,480 24,958,573 Guarantee reserve 10,148 64,978 124 75,250 — — — 75,250 Unearned premium reserve 3 301 — 304 506 — 506 810 Reserve for outstanding claims 99,676 837,317 185,328 1,122,321 18,089 — 18,089 1,140,410 Interest rate difference guarantee reserve 2,068 148 11 2,227 — — — 2,227 Mortality gains reserve 7,026 4,741 176 11,943 3 — 3 11,946 Interest gains reserve 18,662 254 19 18,935 — — — 18,935 Long term duration dividend reserve 52 9 1 62 — — — 62 Reserve for policyholder’s profit dividend 1,773 — — 1,773 — — — 1,773 Reserve for losses on dividend insurance contract 1,058 — — 1,058 — — — 1,058 W 5,869,511 12,630,712 7,667,743 26,167,966 43,020 58 43,078 26,211,044
Reinsurance credit risk	(d) Reinsurance credit risk as of December 31, 2017 and 2018 are as follows: 2017 Reinsurance Reinsurance AA- W 1,893 3,420 A- 1,217 3,387 W 3,110 6,807 2018 Reinsurance Reinsurance AA- W 2,451 4,416 A- 1,622 3,598 W 4,073 8,014
Income or expenses on insurance	(e) Income or expenses on insurance for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Insurance income: Premium income W 4,558,453 4,550,277 4,348,745 Reinsurance income 6,840 10,532 15,222 Separate account income 20,805 38,999 34,771 4,586,098 4,599,808 4,398,738 Insurance expenses: Claims paid 2,007,831 2,213,285 2,549,147 Reinsurance premium expenses 8,405 13,220 18,482 Provision for policy reserves (*) 2,325,010 2,147,139 1,694,716 Separate account expenses 20,805 38,999 34,770 Discount charge 548 632 669 Acquisition costs 559,213 543,752 454,479 Collection expenses 15,367 15,716 16,046 Deferred acquisition costs (373,490 ) (336,851 ) (283,665 ) Amortization of deferred acquisition costs 440,913 423,955 385,793 5,004,602 5,059,847 4,870,437 Net loss on insurance W (418,504 ) (460,039 ) (471,699 ) (*) Shinhan Life Insurance’s saving interest is included. (Accumulated W W
Maturity of premium reserve	(f) Maturity of premium reserve as of December 31, 2017 and 2018 are as follows: 2017 Less than 1 ~ 3 3 ~ 7 7 ~ 10 10 ~ 20 More than Total Fixed interest rate W 62,611 256,126 646,634 550,935 1,227,656 4,629,667 7,373,629 Interest rate linked 32,364 660,966 1,549,321 384,276 1,359,071 11,968,482 15,954,480 Ending balance W 94,975 917,092 2,195,955 935,211 2,586,727 16,598,149 23,328,109 2018 Less than 1 ~ 3 3 ~ 7 7 ~ 10 10 ~ 20 More than Total Fixed interest rate W 111,102 247,619 741,222 502,572 1,288,815 5,284,548 8,175,878 Interest rate linked 195,843 922,832 1,247,871 343,562 1,500,893 12,571,694 16,782,695 Ending balance W 306,945 1,170,451 1,989,093 846,134 2,789,708 17,856,242 24,958,573
The result of liability adequacy test	vi) The result of liability adequacy test as of December 31, 2017 and 2018 are as follows: 2017 Provisions for test LAT base Premium loss Participating: Fixed interest W 582,842 1,448,564 865,722 Variable interest 811,078 895,052 83,973 1,393,920 2,343,616 949,695 Non-Participating: Fixed interest 5,374,209 2,204,431 (3,169,778 ) Variable interest 13,374,917 10,448,900 (2,926,017 ) 18,749,126 12,653,331 (6,095,795 ) W 20,143,046 14,996,947 (5,146,100 ) 2018 Provisions for test LAT base Premium Participating: Fixed interest W 589,618 1,368,008 778,390 Variable interest 859,858 964,358 104,500 1,449,476 2,332,366 882,890 Non-Participating: Fixed interest 6,009,771 3,019,087 (2,990,684 ) Variable interest 14,149,581 12,339,559 (1,810,022 ) 20,159,352 15,358,646 (4,800,706 ) W 21,608,828 17,691,012 (3,917,816 )
Sensitivity analysis, LAT	v) Sensitivity analysis as of December 31, 2017 and 2018 are as follows: LAT fluctuation 2017 2018 Discount rate increased by 0.5% W (1,532,611 ) (2,010,046 ) Discount rate decreased by 0.5% 1,836,098 2,353,179 Operating expense increased by 10% 216,340 236,693 Mortality rate increased by 10% 818,261 866,683 Mortality rate increased by 5% 410,822 435,423 Surrender ratio increased by 10% 457,119 298,121

Other liabilities (Tables)

Other liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
Other liabilities [Abstract]
Other liabilities	Other liabilities as of December 31, 2017 and 2018 are as follows: 2017 2018 Accounts payable W 8,524,295 9,748,168 Accrued expenses 3,022,127 3,267,188 Dividend payable 8,345 49,486 Advance receipts 120,724 131,386 Unearned income 402,541 236,827 Withholding value-added tax and other taxes 343,938 547,097 Securities deposit received 911,304 651,153 Foreign exchange remittances pending 223,465 225,956 Domestic exchange remittances pending 1,808,652 1,115,939 Borrowing from trust account 4,057,649 2,999,445 Due to agencies 607,743 779,473 Deposits for subscription 79,154 76,019 Separate account liabilities 3,213,389 2,845,380 Sundry liabilities 1,930,410 2,496,169 Other 76,966 50,881 Present value discount account (17,929 ) (20,888 ) W 25,312,773 25,199,679

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Equity	(a) Equity as of December 31, 2017 and 2018 are as follows: 2017 2018 Capital stock: Common stock W 2,370,998 2,370,998 Preferred stock 274,055 274,055 2,645,053 2,645,053 Hybrid bond 423,921 1,531,759 Capital surplus: Share premium 9,494,769 9,494,769 Others (*1) 392,566 400,719 9,887,335 9,895,488 Capital adjustments (*2) (398,035 ) (552,895 ) Accumulated other comprehensive income, net of tax: Gain on financial assets at fair value through other comprehensive income — 2,958 Valuation gain on available-for-sale 72,126 — Loss on financial assets at fair value through profit or loss (overlay approach) — (79,057 ) Equity in other comprehensive income of associates (294 ) 4,883 Foreign currency translation adjustments for foreign operations (345,199 ) (321,853 ) Net gain(loss) from cash flow hedges 2,440 (17,751 ) Other comprehensive income(loss) of separate account (4,812 ) 4,112 Actuarial losses (253,995 ) (346,682 ) Changes in own credit risk on financial liabilities designated under fair value option — 170 (529,734 ) (753,220 ) Retained earnings (*3)(*4)(*5)(*6) 20,791,681 22,959,440 Non-controlling 883,397 925,805 W 33,703,618 36,651,430 (*1) During the year ended December 31, 2018, the Group recorded a capital surplus of KRW 8,153 million as a result of participating in the capital increase of its subsidiary, Jeju Bank Co. Ltd. (*2) The Group acquired treasury stock through treasury stock trusts, and the consideration paid or received is recognized directly in equity. (*3) The reserve for profits of the Group, due to In accordance with Article 53 of the Financial Holding Company Act, amounted to W W (*4) The reserve for loan losses in the retained earnings amounted to W W (*5) The total amount of retained earnings from the consolidated subsidiaries that are not available for the payment of cash dividends due to the related regulation is 5,800,002 million. (*6) The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed and the amount was adjusted retrospectively. (*7) As of December 31, 2017 and 2018, Shinhan Bank and Jeju Bank have recognized W W non-controlling W W non-controlling
Capital stock of the Group	(b) Capital stock Capital stock of the Group as of December 31, 2017 and 2018 are as follows: Number of authorized shares 1,000,000,000 Par value per share in won W 5,000 Number of issued common stocks outstanding 474,199,587
Hybrid bond	(c) Hybrid bonds Hybrid bonds classified as other equity instruments as of December 31, 2017 and December 31, 2018 are as follows: Issue date Currency Maturity date Interest rate (%) 2017 2018 June 25, 2015 KRW June 25, 2045 4.38 W 199,455 199,455 September 15, 2017 ” — 3.77 134,683 134,683 September 15, 2017 ” — 4.25 89,783 89,783 April 13, 2018 ” — 4.08 — 134,678 April 13, 2018 ” — 4.56 — 14,955 August 29, 2018 ” — 4.15 — 398,679 August 13, 2018 USD — 5.88 — 559,526 W 423,921 1,531,759 The Group can make advanced redemption for the above bonds, after 5 or 10 years from the issuance date; and has unconditional rights to extend the maturity under the same condition. In addition, if the determination has been made that dividend is not paid for common shares, then the interest for the above bonds is also not paid.
Capital adjustments	(d) Capital adjustments Changes in capital adjustments for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 Beginning balance W (458,461 ) (398,035 ) Transaction on redemption of hybrid bonds (1,139 ) — Acquisition of stocks — (155,923 ) Other transactions with owners 61,565 1,063 Ending balance W (398,035 ) (552,895 )
Changes in accumulated other comprehensive income	(e) Accumulated other comprehensive income Changes in accumulated other comprehensive income for the years ended December 31, 2017 and 2018 are as follows: 2017 Unrealized available-for-sale Equity in other Foreign currency Net loss Other comprehensive Remeasurements of Total Beginning balance W 394,182 21,258 (151,725 ) (13,464 ) 4,466 (357,300 ) (102,583 ) Change due to fair value (60,397 ) (24,886 ) — — (12,529 ) — (97,812 ) Reclassification: Change due to impairment or disposal (346,126 ) — — — — — (346,126 ) Effect of hedge accounting — — — 250,875 — — 250,875 Hedging 1,241 — 97,353 (229,747 ) — — (131,153 ) Effects from exchange rate fluctuations (28,553 ) — (276,285 ) — — — (304,838 ) Remeasurements of the defined benefit plans — — — — — 121,735 121,735 Transfer to other account — (414 ) — — — — (414 ) Deferred income taxes 110,708 3,748 (15,240 ) (5,224 ) 3,251 (18,210 ) 79,033 Non-controlling 1,071 — 698 — — (220 ) 1,549 Ending balance W 72,126 (294 ) (345,199 ) 2,440 (4,812 ) (253,995 ) (529,734 ) 2018 Items that are or may be reclassified to profit or loss Items that will never be reclassified to profit or loss Total Gain (loss) on Gain (loss) on Equity in Foreign Net loss Other Remeasurements Equity in Gain (loss) on Gain (loss) on Beginning balance W (211,003 ) (24,724 ) (2,516 ) (342,318 ) 2,441 (4,564 ) (253,995 ) (46 ) 31,533 (1,553 ) (806,745 ) Change due to fair value 225,173 (74,942 ) (2,327 ) — — 11,967 — 39 25,077 2,376 187,363 Reclassification: Change due to impairment or disposal 15,812 — 13,103 — (91,011 ) — — — — — (62,096 ) Effect of hedge accounting — — — — (1,261 ) — — — — — (1,261 ) Hedging (2,365 ) — — (35,879 ) 60,501 — — — — — 22,257 Effects from exchange rate fluctuations 1,733 — — 45,904 — — — — 423 — 48,060 Remeasurements of the defined benefit plans — — — — — — (128,139 ) — — — (128,139 ) Deferred income taxes (79,345 ) 20,609 (3,369 ) 9,958 11,579 (3,291 ) 35,041 (11 ) (5,410 ) (653 ) (14,892 ) Transfer to other account — — — — — — — 10 2,635 — 2,645 Non-controlling (1,305 ) — — 482 — — 411 — — — (412 ) Ending balance W (51,300 ) (79,057 ) 4,891 (321,853 ) (17,751 ) 4,112 (346,682 ) (8 ) 54,258 170 (753,220 ) (*) The beginning balance is restated due to the adoption of IFRS 9 and 15.
Appropriation of retained earnings	(f) Appropriation of retained earnings Statements of appropriation of retained earnings for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 Date of appropriation: March 22, 2018 March 27, 2019 Unappropriated retained earnings: Balance at beginning of year W 4,896,292 4,867,521 Net effect due to change in accounting policy — (23 ) Dividend to hybrid bonds (17,678 ) (40,357 ) Net income 754,727 1,234,883 5,633,341 6,062,024 Reversal of regulatory reserve for loan losses — — 5,633,341 6,062,024 Appropriation of retained earnings: Legal reserve (75,473 ) (123,488 ) Dividends Dividends on common stocks paid (687,589 ) (753,041 ) Regulatory reserve for loan losses (1,619 ) (1,156 ) Loss on redemption of hybrid bonds (1,139 ) — (765,820 ) (877,685 ) Unappropriated retained earnings to be carried over to subsequent year W 4,867,521 5,184,339 (*) These statements of appropriation of retained earnings were based on the separate financial statements of Shinhan Finance Group.
Changes in regulatory reserve for loan losses including non-controlling interests	i) Changes in regulatory reserve for loan losses including non-controlling 2017 2018 Beginning balance W 2,252,771 2,885,018 IFRS 9 adoption — (388,551 ) Planned regulatory reversal of loan losses 632,247 348,223 Ending balance W 2,885,018 2,844,690
Profit attributable to equity holders of Shinhan Financial Group and earnings per share after factoring in regulatory reserve for loan losses	ii) Profit attributable to equity holders of Shinhan Financial Group and earnings per share after factoring in regulatory reserve for loan losses for the years ended December 31, 2017 and 2018 are as follows: 2017 (*3) 2018 Profit attributable to equity holders of Shinhan Financial Group W 2,918,816 3,156,722 Provision for regulatory reserve for loan losses (*1) (631,578 ) (348,127 ) Profit attributable to equity holders of Shinhan Financial Group adjusted for regulatory reserve W 2,287,238 2,808,595 Basic and diluted earnings per share adjusted for regulatory reserve in won (*2) 4,786 5,844 (*1) Amortization of reserve for credit losses due to the transfer of IFRS 9 during the year is excluded. (*2) Dividends for hybrid bonds are deducted. (*3) The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.
Acquisition of treasury stock	The acquisition of treasury stock is as follows: Beginning balance Acquisition disposal Ending balance The number of share — 3,648,659 — 3,648,659 Carrying value W — 155,923 — 155,923 (*) For the December 31, 2018, the Group entered into a treasury stock trust agreement with Samsung Securities Co., Ltd. for a total consideration of W

Dividends (Tables)

Dividends (Tables)	12 Months Ended
	Dec. 31, 2018
Dividends [Abstract]
Details of dividends recognized as distributions to common stockholders	(a) Details of dividends recognized as distributions to common stockholders for the years ended December 31, 2017 and 2018 are as follows: 2017 2018 (*1) Total number of shares issued and outstanding W 474,199,587 474,199,587 Par value per share in won 5,000 5,000 Dividend per share in won 1,450 1,600 Dividends (*2) W 687,589 753,041 Dividend rate per share % 29.0 32.0 (*1) The dividend is the amount of dividend that will be paid on March 27, 2019 and is not recognized as a distribution to the owners during the period. (*2) The amounts are proposed or declared dividends before the financial statements were authorized for issue but not recognized as a distribution to owners during the year.
Dividend for hybrid bond	(b) Dividend for hybrid bond was calculated as follows for the years ended December 31, 2017 and 2018: 2017 2018 Amount of hybrid bond W 425,000 1,538,150 Interest rate % 3.77 ~ 4.38 3.77 ~ 5.88 Dividend (*) W 17,678 40,357 (*) The dividends to hybrid bonds that were early redeemed during the period are included.

Net interest income (Tables)

Net interest income (Tables)	12 Months Ended
	Dec. 31, 2018
Details of Net interest income [Abstract]
Net interest income	Net interest income for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Interest income: Cash and due from banks W 185,534 167,793 — Cash and deposits at amortized cost — — 155,075 Deposits at FVTPL — — 33,845 Trading assets 454,274 489,836 — Financial assets designated at fair value through profit or loss 43,398 57,899 — Securities at FVTPL — — 623,651 Securities at FVOCI — — 759,301 Securities at amortized cost — — 730,382 Available-for-sale 632,829 671,912 — Held-to-maturity 561,823 651,107 — Loans 9,230,303 9,673,635 — Loans at amortized cost — — 11,158,558 Loans at FVTPL — — 23,110 Others 128,141 86,472 88,534 11,236,302 11,798,654 13,572,456 Interest expense: Deposits (2,586,742 ) (2,482,415 ) (3,091,659 ) Borrowings (300,759 ) (352,069 ) (468,068 ) Debt securities issued (1,085,830 ) (1,085,366 ) (1,336,840 ) Others (57,605 ) (35,851 ) (95,800 ) (4,030,936 ) (3,955,701 ) (4,992,367 ) Net interest income W 7,205,366 7,842,953 8,580,089

Net fees and commission income

Net fees and commission income (Tables)	12 Months Ended
	Dec. 31, 2018
Details of Net fees and commission income [Abstract]
Net fees and commission income	Net fees and commission income for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Fees and commission income: Credit placement fees W 74,352 59,133 62,766 Commission received as electronic charge receipt 137,213 142,755 146,309 Brokerage fees 333,722 373,108 412,165 Commission received as agency 131,026 129,460 120,508 Investment banking fees 66,150 66,191 91,273 Commission received in foreign exchange activities 182,975 197,705 214,395 Asset management fees 115,574 190,802 235,275 Credit card fees 2,343,255 2,369,745 1,360,322 Others 419,329 516,056 652,243 3,803,596 4,044,955 3,295,256 Fees and commission expense: Credit-related fee (32,401 ) (35,665 ) (36,817 ) Credit card fees (1,899,339 ) (1,988,826 ) (944,533 ) Others (306,317 ) (309,510 ) (374,909 ) (2,238,057 ) (2,334,001 ) (1,356,259 ) Net fees and commission income W 1,565,539 1,710,954 1,938,997

Dividend income (Tables)

Dividend income (Tables)	12 Months Ended
	Dec. 31, 2018
Details of Dividend income [Abstract]
Dividend income	Dividend income for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Securities at FVTPL W — — 70,955 Trading assets 50,805 57,615 — Securities at FVOCI — — 16,871 Available-for-sale 230,818 199,691 — W 281,623 257,306 87,826

Net gain (loss) on financial _4

Net gain (loss) on financial instruments measured at fair value through profit or loss (Tables)	12 Months Ended
	Dec. 31, 2018
Net gain (loss) on financial instruments measured at fair value through profit or loss [Abstract]
Net gain (loss) on financial instruments measured at fair value through profit or loss	Net gain (loss) on financial instruments measured at fair value through profit or loss for the year ended December 31, 2018 are as follows: 2018 Net gain (loss) on deposits measured at FVTPL Loss on valuation W (61,848 ) Net gain (loss) on loans measured at FVTPL Gain on valuation 916 Gain on sale 9,133 10,049 Net gain (loss) on securities measured at FVTPL Debt securities Gain on valuation 111,029 Gain on sale 78,718 Other gains 223,731 413,478 Equity securities Gain on valuation 286,801 Loss on sale (275,356 ) 11,445 Other Gain on valuation 19,086 Net gain (loss) on financial liabilities measured at FVTPL Debt securities Loss on valuation (115,667 ) Gain (loss) on disposition 268,932 153,265 Other Gain (loss) on valuation (14,892 ) Gain on disposition 1,394 (13,498 ) Derivatives: Gain on valuation (291,879 ) Gain on transaction 179,928 (111,951 ) W 420,026

Net trading income (loss) (Tabl

Net trading income (loss) (Tables)	12 Months Ended
	Dec. 31, 2018
Net trading income (loss) [Abstract]
Net trading income (loss)	Net trading income (loss) for the year ended December 31, 2016 and 2017 are as follows: 2016 2017 Trading assets: Debt securities: Loss on valuation W (47,017 ) (90,442 ) Gain (loss) on sale (1,933 ) (93,528 ) (48,950 ) (183,970 ) Equity securities: Gain on valuation 161,234 187,442 Gain on sale 70,603 128,118 231,837 315,560 Other: Gain (loss) on valuation 18,336 5,782 Trading liabilities: Debt securities: Gain (loss) on valuation (121,262 ) (138,134 ) Gain (loss) on disposition 5,174 (20,610 ) (116,088 ) (158,744 ) Other: Gain (loss) on valuation (61,321 ) 260 Gain on disposition 2,589 2,440 (58,732 ) 2,700 Derivatives: Gain (loss) on valuation 1,667 369,225 Gain on transaction 341,440 612,670 343,107 981,895 W 369,510 963,223

Net gain (loss) on financial _5

Net gain (loss) on financial instruments designated at fair value through profit or loss(IFRS9) (Tables)	12 Months Ended
	Dec. 31, 2018
Net gain (loss) on financial instruments designated at fair value through profit or loss(IFRS9) [Abstract]
Net gain (loss) on financial instruments designated at fair value through profit or loss(IFRS9)	Net gain (loss) on financial instruments designated at fair value through profit or loss for the year ended December 31, 2018 are as follows: 2018 Financial assets designated at fair value through profit or loss: Equity securities: Gain on sale W (4,737 ) Financial liabilities designated at fair value through profit or loss: Borrowings: Gain on valuation 382,667 Loss on sale and redemption (404,573 ) W (26,643 )

Net gain (loss) on financial _6

Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) (Tables)	12 Months Ended
	Dec. 31, 2018
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) [Abstract]
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39)	Net gain (loss) on financial instruments designated at fair value through profit or loss for the year ended December 31, 2016 and 2017 were as follows: 2016 2017 Financial assets designated at fair value through profit or loss: Other securities: Gain on valuation W 11,798 13,020 Debt securities: Gain (loss) on valuation 20,498 (65,475 ) Gain on sale and redemption 16,625 11,673 37,123 (53,802 ) Equity securities: Dividend income 185 51 Loss on valuation (5,664 ) (78,633 ) Gain on sale 5,747 5,622 268 (72,960 ) Financial liabilities designated at fair value through profit or loss: Other securities: Gain (loss) on valuation (97 ) — Loss on disposal and redemption (109 ) (43 ) (206 ) (43 ) Borrowings: Gain (loss) on valuation (174,348 ) (100,685 ) Loss on disposal and redemption (376,590 ) (845,356 ) (550,938 ) (946,041 ) W (501,955 ) (1,059,826 )

Allowance provided (reversed)_2

Allowance provided (reversed) for credit loss on financial assets (Tables)	12 Months Ended
	Dec. 31, 2018
Allowance provided (reversed) for credit loss on financial assets [Abstract]
Allowance provided (reversed) for credit loss on financial assets	Allowance provided (reversed) for credit loss on financial assets for the year ended December 31, 2018 are as follows: 2018 Loans at amortized cost W (704,515 ) Other financial assets at amortized cost (24,070 ) Securities at fair value through other comprehensive income (12,066 ) Others (unused credit line and financial guarantee, etc) (4,826 ) Securities at amortized cost (2,400 ) W (747,877 )

Net impairment loss on financ_2

Net impairment loss on financial assets (Tables)	12 Months Ended
	Dec. 31, 2018
Net impairment loss on financial assets [Abstract]
Net impairment loss on financial assets	Net impairment loss on financial assets for the year ended December 31, 2016 and 2017 were as follows: 2016 2017 (*) Impairment losses on: Loans W (1,102,781 ) (799,577 ) Available-for-sale (96,381 ) (202,360 ) Other financial assets (4,851 ) (15,672 ) (1,204,013 ) (1,017,609 ) Reversal of impairment losses on: Available-for-sale 8,350 4,061 W (1,195,663 ) (1,013,548 ) (*) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

General and administrative ex_2

General and administrative expenses (Tables)	12 Months Ended
	Dec. 31, 2018
General and Administrative Expense [Abstract]
General and administrative expenses	General and administrative expenses for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Employee benefits: Salaries W 2,515,492 2,668,224 2,736,604 Severance benefits: Defined contribution 22,007 21,040 23,745 Defined benefit 181,703 173,080 133,749 Termination benefits 106,833 285,158 115,275 2,826,035 3,147,502 3,009,373 Rent 340,504 336,124 357,981 Entertainment 31,409 29,039 30,442 Depreciation 177,405 173,541 171,771 Amortization 74,222 66,860 73,575 Taxes and dues 164,177 165,689 176,133 Advertising 292,552 271,819 287,688 Research 14,070 14,093 13,928 Others 588,201 606,531 620,684 W 4,508,575 4,811,198 4,741,575

Share-based payments (Tables)

Share-based payments (Tables)	12 Months Ended
	Dec. 31, 2018
Share-based payments [Abstract]
Stock options granted	(a) Stock options granted as of December 31, 2018 are as follows: 4th grant(*1) 5th grant(*1) 6th grant(*1) 7th grant(*1)(*2) Grant date March 30, 2005 March 21, 2006 March 20, 2007 March 19, 2008 Exercise price in won W W W W Number of shares granted 2,695,200 3,296,200 1,301,050 808,700 Options expiry dates August 30, 2018 August 21, 2019 August 19, 2020 May 17, 2021/ September 17, 2021 Changes in number of shares granted: Balance at January 1, 2018 2,500 2,500 58,764 45,628 Exercised 2,500 — — — Balance at December 31, 2018 — 2,500 58,764 45,628 W (Expiration of Fair value per share in won — W 2,874 W 397 W (Expiration of (*1) The weighted average exercise price for 106,892 stock options outstanding at December 31, 2018 is W (*2) As of December 31, 2018, the exercise of the remaining for 9,466 stock options (7th grant) was temporarily suspended.
Performance shares granted	(b) Performance shares granted as of December 31, 2018 are as follows: Expired Not expired Type Cash-settled share-based payment Performance conditions Increase rate of the stock price and achievement of target ROE Operating period (*) 4 or 5 years Estimated number of shares vested at December 31, 2018 397,464 1,336,188 Fair value per share in won W W W W W W W (*) Four-year period is applied from the beginning of the year that the grant date belongs while five-year period for the shares with deferred payment. The amount of cash payment for the Group’s cash-settled share-based payment arrangements with performance conditions is determined at the fourth anniversary date from the grant date based on the share price which is an arithmetic mean of weighted average share prices of the past two-months, one-month one-week.
Share-based compensation costs	(c) Share-based compensation costs for the years ended December 31, 2016, 2017 and 2018 were as follows: 2016 Employees of The controlling The subsidiaries Total Stock options granted: 4th W 51 533 584 5th 36 582 618 6th — — — 7th — — — Performance share 2,890 23,845 26,735 W 2,977 24,960 27,937 2017 Employees of The controlling The subsidiaries Total Stock options granted: 4th W 67 413 480 5th 48 757 805 6th 26 159 185 7th 83 120 203 Performance share 1,782 15,717 17,499 W 2,006 17,166 19,172 2018 Employees of The controlling The subsidiaries Total Stock options granted: 4th W — (14 ) (14 ) 5th — (19 ) (19 ) 6th (23 ) (139 ) (162 ) 7th (59 ) (86 ) (145 ) Performance share 1,154 9,768 10,922 W 1,072 9,510 10,582
Accrued expenses and the intrinsic value	(d) Accrued expenses and the intrinsic value as of December 31, 2017 and 2018 are as follows: 2017 Employees of The controlling The subsidiaries Total Stock options granted: 4th W — 54 54 5th — 26 26 6th 26 159 185 7th 83 120 203 Performance share 8,286 62,769 71,055 W 8,395 63,128 71,523 The intrinsic value of share-based payments is W W 2018 Employees of The controlling The subsidiaries Total Stock options granted: 4th W — — — 5th — 7 7 6th 3 20 23 7th 24 33 57 Performance share 7,328 61,790 69,118 W 7,355 61,850 69,205 The intrinsic value of share-based payments is W W

Net other operating expense (Ta

Net other operating expense (Tables)	12 Months Ended
	Dec. 31, 2018
Net other operating expense [Abstract]
Net other operating expense	Other operating income and other operating expense for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Other operating income Gain on sale of assets: Loans W 69,002 50,707 — Loans at amortized cost — — 40,624 Others: Gain on hedged items 392,913 634,695 418,390 Reversal of allowance for acceptances and guarantee 4,046 — 2,834 Gain on trust account 3,379 14 — Reversal of other allowance 30,419 286,932 5,033 Others 47,556 82,375 131,345 478,313 1,004,016 557,602 547,315 1,054,723 598,226 Other operating expense Loss on sale of assets: Loans (11,021 ) (8,394 ) — Loans at amortized cost — — (14,271 ) Others: Loss on hedged items (451,728 ) (629,754 ) (406,872 ) Contribution (252,178 ) (252,419 ) (283,331 ) Provision for acceptances and guarantee allowance (7,933 ) (2,548 ) — Provision for other allowance (84,048 ) (12,133 ) (13,036 ) Depreciation of operating lease assets (8,315 ) (12,943 ) (56,570 ) Others (530,003 ) (599,524 ) (653,501 ) (1,334,205 ) (1,509,321 ) (1,413,310 ) (1,345,226 ) (1,517,715 ) (1,427,581 ) Net other operating expenses W (797,911 ) (462,992 ) (829,355 )

Net other non-operating income

Net other non-operating income (Tables)	12 Months Ended
	Dec. 31, 2018
Net other non-operating income [Abstract]
Net other non-operating income	Other non-operating non-operating 2016 2017 2018 Other non-operating Gain on sale of assets: Property and equipment W 3,343 5,278 12,611 Investment property 2,668 219 4,783 Assets held for sale — 22,748 — Lease assets 272 605 1,153 Others 95 125 — 6,378 28,975 18,547 Gain on sale of Investments in associates 5,218 8,891 17,427 Others: Rental income on investment property 27,852 33,023 32,488 Reversal of impairment losses on intangible asset 301 91 62 Gain from assets contributed 53 1,067 77 Others 104,563 67,535 49,276 132,769 101,716 81,903 144,365 139,582 117,877 Other non-operating Loss on sale of assets: Property and equipment (2,811 ) (2,642 ) (3,082 ) Investment property (248 ) (1,627 ) (2,958 ) Lease assets (2,429 ) (1,282 ) (3,964 ) Others (118 ) (149 ) (3 ) (5,606 ) (5,700 ) (10,007 ) Loss on sale of investments in associates (3,315 ) (1,332 ) (11,546 ) Impairment loss on investments in associates (7,339 ) (144 ) (5,849 ) (10,654 ) (1,476 ) (17,395 ) Others: Donations (19,367 ) (140,243 ) (88,650 ) Depreciation of investment properties (19,588 ) (16,095 ) (16,917 ) Impaired loss on property and equipment (2,204 ) (16 ) — Impaired loss on intangible assets (3,411 ) (271 ) (771 ) Write-off (966 ) (1,210 ) (1,537 ) Collecting of written-off (4,379 ) (7,162 ) (6,048 ) Others (26,355 ) (20,220 ) (26,844 ) (76,270 ) (185,217 ) (140,767 ) (92,530 ) (192,393 ) (168,169 ) Net other non-operating W 51,835 (52,811 ) (50,292 )

Income tax expense (Tables)

Income tax expense (Tables)	12 Months Ended
	Dec. 31, 2018
Income tax expense [Abstract]
Income tax expense	(a) Income tax expense for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 (*) 2018 Current income tax expense W 718,757 749,649 900,016 Adjustment for prior periods (36,372 ) (23,265 ) (3,261 ) Temporary differences (480,280 ) 46,468 383,190 Income tax recognized in other comprehensive income 143,448 75,551 (11,600 ) Income tax expenses W 345,553 848,403 1,268,345 (*) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.
Income tax expense calculated by multiplying net income before tax with the tax rate	(b) Income tax expense calculated by multiplying net income before tax with the tax rate for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 (*1) 2018 Profit before income taxes W 3,170,472 3,797,608 4,466,610 Income taxes at statutory tax rates 765,395 917,802 1,222,840 Adjustments: Non-taxable (30,839 ) (10,614 ) (6,300 ) Non-deductible 18,786 12,772 12,854 Tax credit (401 ) (195 ) (23,317 ) Recognition of deferred tax assets related to expired unused tax losses (*2) (357,307 ) — — Changes in deferred tax due to change in tax rate — (72,985 ) — Other (13,709 ) 24,888 65,529 Refund due to adjustments of prior year tax returns (36,372 ) (23,265 ) (3,261 ) Income tax expense W 345,553 848,403 1,268,345 Effective tax rate % 10.90 22.34 28.40 (*1) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*2) The Group did not previously recognized the deferred tax asset relating to the expired unused tax losses as the utilization of the expired unused tax losses had been assessed remote. In 2016, based on the new tax interpretation issued by Korea National Tax Service which allows utilization of expired unused tax losses against extinguishment of deposit and insurance liabilities and the relating recent tax refund, the Group recognized the deferred tax asset after factoring in future taxable profits and the expected future extinguishment of deposit and insurance liabilities.
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences	(c) Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences for the years ended December 31, 2017 and 2018 are as follows: 2017 Beginning Profit or Other Ending Unearned income W (139,234 ) (62,835 ) — (202,069 ) Account receivable (11,493 ) (7,774 ) — (19,267 ) Trading assets (33,424 ) 44,841 — 11,417 Available-for-sale 86,897 77,198 110,405 274,500 Investment in associates 20,112 1,062 3,748 24,922 Valuation and depreciation of property and equipment (146,860 ) (16,452 ) — (163,312 ) Derivative asset (liability) 125,233 (197,253 ) (5,224 ) (77,244 ) Deposits 18,162 9,742 — 27,904 Accrued expenses 108,700 62,610 — 171,310 Defined benefit obligation 378,400 50,410 (20,544 ) 408,266 Plan assets (313,708 ) (100,624 ) 2,396 (411,936 ) Other provisions 221,749 (47,484 ) — 174,265 Allowance for acceptances and guarantees 19,530 3,608 — 23,138 Allowance related to asset revaluation (46,977 ) (5,909 ) — (52,886 ) Allowance for expensing depreciation (521 ) (8 ) — (529 ) Deemed dividend 1,378 3,939 — 5,317 Accrued contributions 8,764 3,140 — 11,904 Financial instruments designated at fair value through profit of loss (58,885 ) 52,397 — (6,488 ) Allowances 94,554 (70,201 ) — 24,353 Fictitious dividend 4,833 157 — 4,990 Liability under insurance contracts 13,104 5,001 — 18,105 Deficit carried over — 1,505 — 1,505 Other (77,198 ) 49,675 (15,230 ) (42,753 ) 273,116 (143,255 ) 75,551 205,412 Expired unused tax losses: Extinguishment of deposit and insurance liabilities 357,307 18,500 — 375,807 W 630,423 (124,755 ) 75,551 581,219 (*1) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*2) Deferred tax assets from overseas subsidiaries were decreased by W 2018 Beginning Profit or Other Ending Unearned income W (202,069 ) (53,267 ) — (255,336 ) Account receivable (19,267 ) (4,872 ) — (24,139 ) Financial assets at fair value through profit or loss (47,548 ) 79,000 16,825 48,277 Securities at fair value through other comprehensive income 307,729 (47,548 ) (82,823 ) 177,358 Investment in associates 24,918 3,205 (3,380 ) 24,743 Valuation and depreciation of property and equipment (163,313 ) 1,317 — (161,996 ) Derivative asset (liability) (70,828 ) 171,000 11,579 111,751 Deposits 27,904 132 — 28,036 Accrued expenses 171,310 (38,621 ) — 132,689 Defined benefit obligation 408,266 6,965 32,427 447,658 Plan assets (411,935 ) (37,117 ) 2,729 (446,323 ) Other provisions 191,298 3,177 — 194,475 Allowance for acceptances and guarantees 23,929 5,228 — 29,157 Allowance related to asset revaluation (52,886 ) 3,173 — (49,713 ) Allowance for expensing depreciation (529 ) 64 — (465 ) Deemed dividend 5,317 (5,317 ) — — Accrued contributions 11,904 9,807 — 21,711 Financial instruments designated at fair value through profit of loss (7,194 ) (80,214 ) — (87,408 ) Allowances 131,222 (82,438 ) — 48,784 Fictitious dividend 4,990 (3,665 ) — 1,325 Liability under insurance contracts 18,105 4,488 — 22,593 Deficit carried over 1,505 (1,505 ) — — Other 59,471 (296,190 ) 11,043 (225,676 ) 412,299 (363,198 ) (11,600 ) 37,501 Expired unused tax losses: Extinguishment of deposit and insurance liabilities 375,807 (8,363 ) — 367,444 W 788,106 (371,561 ) (11,600 ) 404,945 (*1) Changes in the scope of application of IFRS 9 and 15 have been reflected (Note 60). (*2) Deferred tax assets from overseas subsidiaries were decreased by W
Deferred tax assets and liabilities that were directly charged or credited to equity	(d) Deferred tax assets and liabilities that were directly charged or credited to equity for the years ended December 31, 2017 and 2018 are as follows: January 1, 2017 Changes December 31, 2017 OCI Tax effect OCI (*2) Tax effect OCI Tax effect Gain (loss) on valuation of available-for-sale W 524,335 (130,153 ) (432,461 ) 110,405 91,874 (19,748 ) Foreign currency translation adjustments for foreign operations (141,815 ) (9,910 ) (178,244 ) (15,230 ) (320,059 ) (25,140 ) Gain (loss) on cash flow hedge (17,763 ) 4,299 21,128 (5,224 ) 3,365 (925 ) Equity in other comprehensive income of associates 22,559 (1,301 ) (25,300 ) 3,748 (2,741 ) 2,447 The accumulated other comprehensive income in separate account (*1) 5,891 (1,425 ) (12,529 ) 3,251 (6,638 ) 1,826 Remeasurements of the defined benefit liability (471,141 ) 113,841 121,451 (18,146 ) (349,690 ) 95,695 Income tax charged or credited directly to equity W (77,934 ) (24,649 ) (505,955 ) 78,804 (583,889 ) 54,155 January 1, 2018 (*2) Changes December 31, 2018 OCI Tax effect OCI Tax effect OCI Tax effect Gain (loss) on valuation of financial assets measured at FVOCI W (255,593 ) 76,124 267,306 (84,878 ) 11,713 (8,754 ) Gain (loss) on financial liabilities measured at FVTPL attributable to changes in credit risk (2,141 ) 588 2,376 (653 ) 235 (65 ) Foreign currency translation adjustments for foreign operations (317,264 ) (25,054 ) 10,498 9,967 (306,766 ) (15,087 ) Gain (loss) on cash flow hedge 7,286 (4,845 ) (31,771 ) 11,578 (24,485 ) 6,733 Equity in other comprehensive income of associates (5,868 ) 3,306 10,825 (3,380 ) 4,957 (74 ) The accumulated other comprehensive income in separate account (*1) (6,295 ) 1,731 11,967 (3,291 ) 5,672 (1,560 ) Remeasurements of the defined benefit liability (349,538 ) 95,543 (127,844 ) 35,157 (477,382 ) 130,700 Gain (loss) on valuation of financial asset measured at FVTPL (Overlay approach) (33,713 ) 8,988 (74,942 ) 20,609 (108,655 ) 29,597 Income tax charged or credited directly to equity W (963,126 ) 156,381 68,415 (14,891 ) (894,711 ) 141,490 (*1) Deferred tax effects, which are originated from the accumulated other comprehensive income in separate account, were included in the other assets of separate account’s financial statement. (*2) Changes in the scope of application of IFRS 9 and 15 have been reflected (Note 60)
The amount of deductible temporary differences, unused tax losses, and unused tax credits that are not recognized as deferred tax assets	(e) The amount of deductible temporary differences, unused tax losses, and unused tax credits that are not recognized as deferred tax assets as of December 31, 2017 and 2018 are as follows: 2017 2018 Tax loss carry forward (*) W 99,449 99,449 (*) At the end of reporting date, the expected extinctive date of tax loss carry forward and tax credits carry forward that are not recognized as deferred tax assets are as follows: 1 year 1-2 2-3 More than Tax loss carry forward W 99,449 — — —
The amount of temporary difference regarding investment in subsidiaries that are not recognized as deferred tax liabilities	(f) The amount of temporary difference regarding investment in subsidiaries that are not recognized as deferred tax liabilities as of December 31, 2017 and 2018 are as follows: 2017 2018 Investment in associates W (480,184 ) (686,107 )
Deferred tax assets and liabilities presented on a gross basis prior to any offsetting	(g) The Group set off a deferred tax asset against a deferred tax liability of the same taxable entity if, and only if, they relate to income taxes levied by the same taxation authority and the entity has a legally enforceable right to set off current tax assets against current tax liabilities. Deferred tax assets and liabilities presented on a gross basis prior to any offsetting as of December 31, 2017 and 2018 are as follows: 2017 (*) 2018 Deferred tax assets W 659,594 483,517 Deferred tax liabilities (77,293 ) (78,572 ) (*) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

Earnings per share (Tables)

Earnings per share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings per share [Abstract]
Earnings per share	(a) Basic and diluted earnings per share for the years ended December 31, 2016, 2017 and 2018 are as follows: 2016 2017 (*2) 2018 Profit attributable to equity holders of Shinhan Financial Group W 2,774,778 2,918,816 3,156,722 Less: Dividends on preferred stock (*3) 18,836 — — Dividends to hybrid bond 36,091 17,678 40,357 54,927 17,678 40,357 Net profit available for common stock W 2,719,851 2,901,138 3,116,365 Weighted average number of common shares outstanding (*1) 474,199,587 474,199,587 473,649,076 Basic and diluted earnings per share in won W 5,736 6,118 6,579 (*1) The number of basic ordinary shares outstanding is 474,199,587 shares. As a result of the acquisition of treasury stock, the weighted average number of common shares outstanding for the year ended December 31, 2018 decreased. (*2) As the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively. (*3) The amount of 2016 is the additionally paid amount based on the contractual dividend rate for the period from the beginning of the period to the day before the redemption date according to the redemption conditions of the redeemable preferred stocks.

Commitments and contingencies (

Commitments and contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and contingencies [Abstract]
Guarantees, acceptances and credit commitments	(a) Guarantees, acceptances and credit commitments as of December 31, 2017 and 2018 are as follows: 2017 2018 Guarantees: Guarantees outstanding W 7,611,211 9,437,691 Contingent guarantees 3,259,613 3,985,532 10,870,824 13,423,223 Commitments to extend credit: Loan commitments in won 54,827,918 69,906,336 Loan commitments in foreign currency 18,992,984 19,967,297 ABS and ABCP commitments 2,035,543 2,083,522 Others 66,767,465 73,816,233 142,623,910 165,773,388 Endorsed bills: Secured endorsed bills 85,456 37,667 Unsecured endorsed bills 7,810,788 7,758,242 7,896,244 7,795,909 Loans sold with recourse 2,099 2,099 W 161,393,077 186,994,619
Legal contingencies	(b) Legal contingencies The Group’s pending lawsuits as a defendant for the year ended December 31, 2018 are as follows: Case Number of Descriptions Claim amount Payment Guarantee 1 The plaintiff filed claims against the Group for guarantee deposit of receivable-backed ABL of KT ENS. The case are currently pending in its second appeal. W 12,866 Compensation for a loss 1 According to the asset custody contract, the plaintiff is liable for damages caused by a fire in the property of the real estate investment company in which the Group is holding assets. In 2015 and 2017, the plaintiffs prevailed, but the first and second decisions were different. 6,893 Confirm deposit accounts 1 Hanwha Savings Bank, a party to the lender of Meat Loan, filed a lawsuit against all creditors to confirm deposit accounts for the sale of frozen meat. HYUN, which is proceeding civil litigation against the group’s individual owners, has been entrusted to proceed the confirm deposit accounts. 5,575 Others 152 Compensation for a loss claim, etc. 78,900 155 W 104,234 As of December 31, 2018, the Group has recorded W W

Statement of cash flows (Tables

Statement of cash flows (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of cash flow statement [Abstract]
Cash and cash equivalents in the consolidated statements of cash flows	(a) Cash and cash equivalents in the consolidated statements of cash flows as of December 31, 2016, 2017 and 2018 are as follows: 2016 2017 2018 Cash and due from banks W 19,196,875 22,682,652 — Cash and due from banks at amortized cost — — 17,363,450 Adjustments: Due from financial institutions with a maturity over three months from date of acquisition (4,458,286 ) (3,010,471 ) (3,008,188 ) Restricted due from banks (9,106,053 ) (13,435,531 ) (6,175,506 ) W 5,632,536 6,236,650 8,179,756
Significant non-cash activities	(b) Significant non-cash 2016 2017 2018 Debt-equity swap W 32,229 32,530 28,759 Transfers from construction-in-progress 15,405 14,285 6,319 Transfers between property / equipment and investment property 10,898 91,782 28,199 Transfers between assets held for sale and property / equipment 411 5,336 80 Transfers between investment property and assets held for sale 2,200 6,306 —
Changes in assets and liabilities arising from financing activities	(c) Changes in assets and liabilities arising from financing activities for the years ended December 31, 2017 and 2018 are as follows: 2017 Assets Liabilities Derivative Derivative Borrowings Debentures Total Balance at January 1, 2017 W 153,343 10,842 25,294,241 44,326,785 69,785,211 Changes from cash flows (48,499 ) 10,211 3,047,844 7,784,142 10,793,698 Changes from non-cash Amortization of discount on borrowings and debentures — — 1,480 16,126 17,606 Changes in foreign currency exchange rate — — (22,850 ) (635,836 ) (658,686 ) Others (100,878 ) 125,225 (734,105 ) (150,396 ) (860,154 ) Balance at December 31, 2017 W 3,966 146,278 27,586,610 51,340,821 79,077,675 2018 Assets Liabilities Derivative Derivative Borrowings Debentures Total Balance at January 1, 2018 W 3,966 146,278 27,586,610 51,340,821 79,077,675 Changes from cash flows (5,845 ) (12,002 ) 1,772,203 11,798,466 13,552,822 Changes from non-cash Amortization of discount on borrowings and debentures — — 181,050 335,935 516,985 Changes in foreign currency exchange rate — — 955,512 229,277 1,184,789 Others 9,356 (49,697 ) (676,833 ) (476,800 ) (1,193,974 ) Balance at December 31, 2018 W 7,477 84,579 29,818,542 63,227,699 93,138,297

Related parties (Tables)

Related parties (Tables)	12 Months Ended
	Dec. 31, 2018
Related parties [Abstract]
Balances with the related parties	(a) Balances with the related parties as of December 31, 2017 and 2018 are as follows: Related party Account 2017 2018 Investments in associates: BNP Paribas Cardif Life Insurance Other assets W 9,868 9,860 ” Credit card loans 191 116 ” Allowances (4 ) — ” Deposits 446 444 ” Provisions 2 — JAEYOUNG SOLUTEC CO., LTD. (*1) Loans 14,847 — ” Allowances (124 ) — ” Credit card loans 33 — ” Deposits 2,659 — ” Provisions 4 — Partners 4th Growth Investment Fund Deposits 2,076 1,855 BNP Paribas Cardif General Insurance Credit card loans 29 29 ” Allowances (1 ) (2 ) ” Deposits 221 157 Shinhan Praxis K-Growth Other assets 174 151 Dream High Fund III Deposits 3 4 Midas Dong-A Deposits 220 159 IBKS-Shinhan Creative Economy New Technology Fund (*1) Deposits 78 — Credian Healthcare Private Equity Fund II Deposits 26 45 KDBC Midas Dong-A Deposits 239 354 IBKS-Shinhan Creative Economy New Technology Fund II Deposits 76 672 Eum Private Equity Fund No.3 Deposits 65 49 Branbuil CO., LTD. (*2) Deposits 55 — SHBNPP Private Korea Equity Long-Short Professional Feeder Other assets 97 133 Shinhan Global Healthcare Fund 1 Unearned revenue 409 360 Shinhan Fintech New Technology Fund No.1 Unearned revenue 123 123 KTB Newlake Global Healthcare PEF Deposits 465 151 ” Provisions 13 — Taihan Industrial System Co., Ltd. Deposits 100 85 Incorporated association Finance Saving Information Center Credit card loans — 3 ” Deposits 4 4 GX Shinhan interest 1 st Unearned revenue — 278 Nomura investment property trust No.19 Loans — 11,966 ” Other assets — 45 SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 Other assets — 236 Key management personnel and their immediate relatives: Loans 3,247 3,313 Assets 28,357 25,850 Liabilities W 7,284 4,740 (*1) Excluded from related parties due to the disposal or terminated. (*2) As a result of changes in accounting policies at the beginning of the current year, they were excluded from associates.
Transactions with the related parties	(b) Transactions with the related parties for the years ended December 31, 2016, 2017 and 2018 are as follows: Related party Account 2016 2017 2018 Investments in associates Aju Capital co., Ltd Interest income W 7,332 — — ” Fees and commission income 257 — — ” Interest expense (2 ) — — ” Fees and commission expense (302 ) — — ” Other operating expenses (18 ) — — ” Provision for credit losses (149 ) — — Pohang TechnoPark2PFV Interest expense (15 ) — — BNP Paribas Cardif Life Insurance Fees and commission income 4,265 4,631 3,716 ” Reversal of credit losses — — 4 ” Provision for credit losses (1 ) (3 ) — ” General and administrative expenses (9 ) (10 ) (17 ) Shinhan Praxis K-Growth Fees and commission income 691 689 685 BNP Paribas Cardif General Insurance Fees and commission income 4 4 9 ” Reversal of credit losses — 1 — ” Provision for credit losses (1 ) — (2 ) Shinhan K2 Secondary Fund Fees and commission income 665 — — Midas Dong-A Fees and commission income 28 38 47 ” Interest expense (4 ) (3 ) (2 ) SHC-EN Fees and commission income 149 — — SP New Technology Business investment Fund I (*1) Fees and commission income 30 41 317 IBKS-Shinhan Creative Economy New Technology Fund I (*1) Fees and commission income 50 37 13 ” Interest expense (1 ) (2 ) — SM New Technology Business Investment Fund I Fees and commission income — 55 55 JAEYOUNG SOLUTEC CO., LTD. (*1) Interest income 671 654 523 ” Fees and commission income 1 1 2 ” Other operating income 7 3 3 ” Reversal of credit losses 89 1 — ” Interest expense (21 ) (4 ) (2 ) ” Provision for credit losses — (55 ) (1 ) Korea Investment Gong-pyeong Office Real Estate Investment Trust 2nd Fees and commission income 55 — — The Asia Pacific Capital Fund II L.P. Fees and commission income 175 85 — Partners 4th Growth Investment Fund Interest expense (2 ) (16 ) (19 ) Albatross Growth Fund Interest expense (6 ) — — Shinhan-Albatross Technology Investment Fees and commission income — 152 216 ” Interest expense — (21 ) — PSA 1st Fintech Private Equity Fund Interest expense (5 ) — — IBKS-Shinhan Creative Economy New Technology Fund 2 Fees and commission income 22 25 16 KDBC Midas Dong-A Interest expense (1 ) — (2 ) SHBNPP Private Korea Equity Long-Short Professional Feeder Fees and commission income 785 892 975 SHBNPP Private Multi Strategy Professional Feeder No.1 Fees and commission income 160 — — Semantic Interest income 15 — — ” Provision for credit losses (1 ) — — Branbuil CO., LTD. (*2) Fees and commission income 1 2 — ” Provision for credit losses (1 ) — — Treenkid Interest income 3 — — STI-New Fees and commission income — 30 16 Shinhan Fintech New Technology Fund No.1 Fees and commission income — 30 153 KTB New lake medical Global Investment Interest income — 10 2 ” Other operating expenses — (13 ) — Shinhan Global health Care Investment No.1 Fees and commission income — 282 785 Taihan Industrial System Co., Ltd. Fees and commission income — 2 1 Shinhan capital-Cape FN Fund No.1 Fees and commission income — — 82 SHC-K2 Fees and commission income — — 20 Synergy-Shinhan Mezzanine New Technology Investment Fund Fees and commission income — — 127 Shinhan-Midas Dong-A Fees and commission income — — 71 GX Shinhan interest 1st Private Equity Fund Fees and commission income — — 412 Shinhan-Nvestor Liquidity Solution Fund Fees and commission income — — 214 SHC ULMUS Fund No.1 Fees and commission income — — 51 Shinhan-PS Fees and commission income — — 12 Nomura investment property trust No.19 Interest income — — 312 ” Provision for credit loss — — (34 ) SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3 Fees and commission income — — 236 Key management personnel and their immediate relatives Interest income 68 101 101 W 14,984 7,639 9,097 (*1) Excluded from related parties due to the disposal or terminated. (*2) As a result of changes in accounting policies at the beginning of the current year, they were excluded from associates.
Key management personnel compensation	(c) Key management personnel compensation Key management personnel compensation for the years ended December 31, 2016, 2017 and 2018 were as follows: 2016 2017 2018 Short-term employee benefits W 16,428 17,112 22,502 Severance benefits 418 979 419 Share-based payment transactions 9,162 6,787 4,944 W 26,008 24,878 27,865 (*) The expenses of share-based payment transactions are the remuneration expenses during the vesting period.
The guarantees provided between the related parties	(d) The guarantees provided between the related parties as of December 31, 2017 and 2018 were as follows: Amount of guarantees Guarantor Guaranteed Parties 2017 2018 Account Shinhan Bank KTB New lake medical Global Investment W 700 849 Unused credit line BNP Paribas Cardif Life Insurance 10,000 10,000 Unused credit line Neoplux Technology Valuation Investment Fund 6,000 — Security underwriting commitment JAEYOUNG SOLUTEC CO., LTD. (*) 109 — Unused credit ” 429 — Import letter of credit W 17,238 10,849 (*) Excluded from related parties due to the disposal.
Details of collaterals provided by the related parties	(e) Details of collaterals provided by the related parties as of December 31, 2017 and December 31, 2018 were as follows: Provided to Provided by Pledged assets 2017 2018 Shinhan Bank BNP Paribas Cardif Life Insurance Government bonds W 11,666 12,000 ” JAEYOUNG SOLUTEC CO., LTD. (*) Properties 20,814 — ” Guarantee insurance policy 7,037 — W 39,517 12,000 (*) Excluded from related parties due to the disposal.
Significant loan transactions with related parties	(f) Details of significant loan transactions with related parties as of December 31, 2018 are as follows: Classification Company Beginning Loan Recover Other (*) Ending Investments in associates Nomura investment property trust No.19 W — 12,000 — (34 ) 11,966 (*) The effect of changes in allowance for doubtful accounts is included.

Interests in unconsolidated s_2

Interests in unconsolidated structured entities (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure of unconsolidated structured entities [Abstract]
The size of unconsolidated structured entities	The size of unconsolidated structured entities as of December 31, 2017 and 2018 are as follows: 2017 2018 Total assets: Asset-backed securitization W 175,953,075 196,108,655 Structured financing 84,719,599 132,050,391 Investment fund 69,736,443 71,487,406 W 330,409,117 399,646,452
The carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities	i) The carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities as of December 31, 2017 and 2018 are as follows: 2017 Assets-backed securitization Structured financing Investment fund Total Assets: Loans W 329,776 6,189,042 91,078 6,609,896 Trading assets 3,201,400 958 351,290 3,553,648 Derivative assets 14,218 — — 14,218 Available-for-sale 2,200,974 400,283 3,525,538 6,126,795 Held-to-maturity 3,259,451 — — 3,259,451 Other assets 729 2,576 1,150 4,455 W 9,006,548 6,592,859 3,969,056 19,568,463 Liabilities: Derivative liabilities W 4,448 — — 4,448 Other 557 1,050 9 1,616 W 5,005 1,050 9 6,064 2018 Assets-backed securitization Structured financing Investment fund Total Assets: Loans measured at fair value through profit or loss W 292 504,571 802,825 1,307,688 Loan at amortized cost 478,998 6,925,438 33,500 7,437,936 Securities at fair value through profit or loss 4,263,817 288,757 5,293,807 9,846,381 Derivate assets 16,390 578 — 16,968 Securities at fair value through other comprehensive income 2,244,364 91,316 32,279 2,367,959 Securities at amortized cost 4,277,675 — — 4,277,675 Other assets 5,453 48,457 34,333 88,243 W 11,286,989 7,859,117 6,196,744 25,342,850 Liabilities: Derivative liabilities W 111 — — 111 Other 5,368 4,128 — 9,496 W 5,479 4,128 — 9,607
Exposure to risk relating to its interests in unconsolidated structured entities	ii) Exposure to risk relating to its interests in unconsolidated structured entities as of December 31, 2017 and 2018 are as follows: 2017 Assets-backed securitization Structured financing Investment fund Total Assets held W 9,006,548 6,592,859 3,969,056 19,568,463 ABS and ABCP commitments 1,391,035 57,300 452,311 1,900,646 Loan commitments 529,566 719,650 31,987 1,281,203 Guarantees 74,300 15,200 — 89,500 Others 4,200 45,634 — 49,834 W 11,005,649 7,430,643 4,453,354 22,889,646 2018 Assets-backed securitization Structured financing Investment fund Total Assets held W 11,286,989 7,859,117 6,196,744 25,342,850 ABS and ABCP commitments 1,395,417 2,300 602,594 2,000,311 Loan commitments 1,791,650 815,910 26,100 2,633,660 Guarantees 88,810 142,032 — 230,842 Others — 49,464 — 49,464 W 14,562,866 8,868,823 6,825,438 30,257,127

Retroactive adjustments for b_2

Retroactive adjustments for business combination (Tables)	12 Months Ended
	Dec. 31, 2018
Retroactive adjustments for business combination [Abstract]
Retroactive adjustment of fair value of assets and liabilities	(b) Retroactive adjustment of fair value of assets and liabilities The retroactive adjustment of fair value of assets acquired and liabilities assumed by acquisition of ANZ as of acquisition date is as follows: Amount Adjustments Adjusted Amount Assets: Cash and due from banks W 8,151 — 8,151 Loans (*1) 301,766 (1,352 ) 300,414 Property and equipment 538 — 538 Intangible assets (*2) — 15,256 15,256 Other assets 9,269 — 9,269 319,724 13,904 333,628 Liabilities: Deposits (436,285 ) — (436,285 ) Other liabilities (1,022 ) — (1,022 ) (437,307 ) — (437,307 ) The fair value of the identifiable assets acquired and liabilities assumed W (117,583 ) 13,904 (103,679 ) (*1) Adjustments are mainly due to the loan loss estimation. (*2) The intangible assets mainly comprise the present value of the saved borrowing costs due to the deposits amounting to W W
Retrospective adjustments of goodwill	(c) Adjustments of goodwill The retrospective adjustments of goodwill due to the measurement period adjustment for business combination are as follows: Amount Adjustments Adjusted Amount Consideration received (cash) W (75,480 ) — (75,480 ) Fair value of identifiable net assets (117,583 ) 13,904 (103,679 ) Goodwill W 42,103 (13,904 ) 28,199
Adjustments of the prior year end balances	(d) Adjustments of the prior year end balances. Amount Adjustments Adjusted Amount Intangible assets W 4,271,969 1,352 4,273,321 Deferred tax liabilities 9,712 270 9,982 Retained earnings W 20,790,599 1,082 20,791,681

Acquisition of subsidiary (Tabl

Acquisition of subsidiary (Tables)	12 Months Ended
	Dec. 31, 2018
Acquisition of subsidiary [Abstract]
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates	The assets and liabilities of PT Shinhan Asset Management Indonesia recognized at the acquisition date are as follows. Classification Amounts Asset Cash and cash equivalent assets W 18 Financial assets measured at FVTPL 3,012 PP&E 20 Deferred tax assets 20 Other assets 17 Total 3,087 Liabilities Income tax payable 7 Other liabilities 75 Total 82 Identifiable net assets at fair value W 3,005
Goodwill arising from the acquisition of subsidiary	(c) Goodwill Goodwill recognized as a result of business combination is as follows. Classification Amounts Previous transfer price W 4,476 Identifiable net assets at fair value (3,005 ) Non-controlling 787 Goodwill W 2,258

Transition effects arising fr_2

Transition effects arising from changes in accounting policies (Tables)	12 Months Ended
	Dec. 31, 2018
Transition effects arising from changes in accounting policies [Abstract]
Changes in equity due to application of IFRS 9 and 15	(i) Changes in equity due to application of IFRS 9 and 15 Changes in equity as of January 1, 2018 due to the initial application date of IFRS 9 and 15 are as follows: Amounts Retained earnings at January 1, 2018 before changes W 20,791,681 Adjustments of retained earnings due to the application of IFRS 9 : Reclassification from financial assets at amortized cost to financial assets measured at fair value through profit or loss (74,061 ) Reclassification from available-for-sale 178,518 Reclassification from available-for-sale 204,457 Increase in loss allowance for financial assets measured at amortized cost (573,088 ) Increase in loss allowance for loan commitments and financial guarantee contracts (55,274 ) Increase in loss allowance for debt instruments measured at fair value through other comprehensive income (18,976 ) Effect of overlay approach application 34,102 Others (*2) (40,063 ) (344,385 ) Adjustments of retained earnings due to the application of IFRS 15 (*3) (2,896 ) Tax effects (*4) 95,426 Retained earnings at January 1, 2018 after changes W 20,539,826 (*1) With the application of IFRS 9, the effect of retained earnings of the recognized impairment from equity securities has reclassified to other comprehensive income. (*2) Include translation of foreign currencies, etc. (*3) The Group has divided the trust fees into trust sales fees and trust managing fees and recognition of trust managing fees are deferred. (*4) Tax effects due to the application of IFRS 9 are separately shown. Amounts Accumulated other comprehensive loss at January 1, 2018 before changes W (529,734 ) Adjustments of accumulated other comprehensive income due to the application of IFRS 9: Reclassification from available-for-sale (178,518 ) Reclassification from available-for-sale (204,457 ) Increase in loss allowance for debt instruments measured at fair value through other comprehensive income 18,976 Effect of overlay approach application (34,102 ) Others (*2) 11,039 (387,062 ) Tax effects (*3) 110,051 Accumulated other comprehensive loss at January 1, 2018 after changes W (806,745 ) (*1) The effect on retained earnings arising from the recognition of impairment losses related to equity securities in the prior periods was transferred to other comprehensive income upon the application of IFRS 9. (*2) Other adjustments include foreign currency translation and changes in non-controlling (*3) Tax effects due to the application of IFRS 9 are separately shown.
Reclassification of financial instruments upon adoption of IFRS 9	(ii) Reclassification of financial instruments upon adoption of IFRS 9 Details of reclassification of financial instruments as of January 1, 2018, the initial application date of IFRS 9, are as follows: IAS 39 IFRS 9 (*2) Carrying value Carrying Difference Financial assets: Due from banks Loans and receivables Financial assets measured at FVTPL (*2) W 902,124 833,942 (68,182 ) Loans and receivables Amortized cost 19,988,001 19,988,001 — Loan receivables Loans and receivables Financial assets measured at FVTPL (*2) 750,342 778,985 28,643 Loans and receivables Amortized cost 277,126,029 277,126,029 — Other financial assets Loans and receivables Amortized cost 12,090,983 12,090,983 — Trading assets Financial assets Financial assets 23,640,646 23,640,646 — Trading assets Financial assets Financial assets 4,634,353 4,634,353 — Trading assets (deposit in gold and silver) Financial assets Financial assets 189,297 189,297 — Financial assets designated as at FVTPL (debt securities) Financial assets Financial assets 2,030,522 2,030,522 — Financial assets at FVTPL Financial assets 80,288 80,288 — Financial assets designated as at FVTPL (equity securities) Financial assets Financial assets 1,162,553 1,162,553 — Financial assets Financial assets 71,803 71,803 — Financial assets designated as at FVTPL (other securities – compound financial instruments) Financial assets Financial assets 233,892 233,892 — Derivatives Financial assets Financial assets 3,400,178 3,348,803 (51,375 ) AFS financial assets AFS financial assets Financial assets 528,745 533,452 4,707 AFS financial assets Financial assets 36,657,807 36,657,807 — AFS financial assets (equity securities) AFS financial assets Financial assets 4,339,979 4,350,969 10,990 AFS financial assets Financial assets 590,405 590,405 — HTM financial assets (debt securities) HTM financial assets Financial assets 565,813 529,906 (35,907 ) HTM financial assets Amortized cost 24,424,867 24,424,867 — W 413,408,627 413,297,503 (111,124 ) Financial liabilities: Deposits Financial liability measured at amortized cost Financial liabilities W 249,419,224 249,419,224 — Trading liabilities Financial liabilities at FVTPL Financial liabilities 1,848,490 1,848,490 — Financial liabilities designated as at FVTPL Financial liabilities at FVTPL Financial liabilities 8,260,636 8,260,636 — Financial liabilities at FVTPL Financial liabilities 36,973 36,973 — Derivatives Financial liabilities at FVTPL Financial liabilities 3,487,661 3,483,642 (4,019 ) Borrowings Financial liabilities measured at amortized cost Financial liabilities 27,586,610 27,586,313 (297 ) Debt securities issued Financial liabilities measured at amortized cost Financial liabilities 51,340,821 51,340,821 — Others Financial liabilities measured at amortized cost Financial liabilities 20,124,451 20,124,432 (19 ) W 362,104,866 362,100,531 (4,335 ) (*1) Gross carrying amounts that are before netting allowance for loan losses or credit loss allowance. (*2) Under IFRS 9, these financial instruments were categorized as financial assets or liabilities – FVTPL, as 1) the instruments are not held within a business model whose objective is achieved by both collecting contractual ca flows and selling them, or 2) the contractual terms of them does not give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. (*3) For hybrid contracts including embedded derivatives, the host contract and the derivatives are separated in accordance with IFRS 9.
Impairment of financial assets upon adoption of IFRS 9	(iii) Impairment of financial assets upon adoption of IFRS 9 Changes of credit loss allowance as of January 1, 2018, the initial application date of IFRS 9, are as follows: Classification Classification Loss allowance Loss allowance Loans and receivables Due from banks Financial assets at amortized cost W 14,054 15,062 Loan receivables Financial assets at amortized cost 2,307,275 2,871,986 Financial assets measured at FVTPL 3,329 — Other financial assets Financial assets at amortized cost 49,679 51,818 AFS financial assets Debt securities Financial assets measured at FVOCI — 18,976 HTM financial assets Debt securities Financial assets at amortized cost — 8,559 W 2,374,337 2,966,401 Financial guarantee Financial guarantee W 36,506 37,289 Unused credit line and other credit commitment Unused credit line and other credit commitment 168,006 222,498 W 204,512 259,787
The reclassification applying business model	For the financial assets as of January 1, 2018, the date of the initial application of IFRS 9, the management of the Group has assessed business model of those, and classified those applying the IFRS. The effect of reclassification is as follows: 1) Gross carrying amounts Carrying value Amount Amount Carrying value Changes in Changes in Financial assets: Due from banks Carrying value under IAS 39 as of January 1, 2018 W 20,890,125 — — 20,890,125 — — Reclassification to financial assets measured at FVTPL — (902,124 ) — (902,124 ) — — 20,890,125 (902,124 ) — 19,988,001 — — Loans Carrying value under IAS 39 as of January 1, 2018 277,876,371 — — 277,876,371 — — Reclassification to financial assets measured at FVTPL — (750,342 ) — (750,342 ) — — 277,876,371 (750,342 ) — 277,126,029 — — Other financial assets Carrying value under IAS 39 as of January 1, 2018 12,090,983 — — 12,090,983 — — Trading assets (debt instruments) (*1) Carrying value under IAS 39 as of January 1, 2018 23,640,646 — — 23,640,646 — — Reclassification to financial assets measured at FVTPL — (23,640,646 ) — (23,640,646 ) — — 23,640,646 (23,640,646 ) — — — — Trading assets (equity instruments) Carrying value under IAS 39 as of January 1, 2018 4,634,353 — — 4,634,353 — — Reclassification to financial assets measured at FVTPL — (4,634,353 ) — (4,634,353 ) — — 4,634,353 (4,634,353 ) — — — — Trading assets (gold deposit) (*1) Carrying value under IAS 39 as of January 1, 2018 189,297 — — 189,297 — — Reclassification to financial assets measured at FVTPL — (189,297 ) — (189,297 ) — — 189,297 (189,297 ) — — — — Derivatives (*1) Carrying value under IAS 39 as of January 1, 2018 3,400,178 — — 3,400,178 — — Reclassification to financial assets measured at FVTPL — (51,375 ) — (51,375 ) — — 3,400,178 (51,375 ) — 3,348,803 — — Financial assets designated at FVTPL (*1) Carrying value under IAS 39 as of January 1, 2018 3,579,057 — — 3,579,057 — — Reclassification to financial assets measured at FVTPL — (3,426,966 ) — (3,426,966 ) — — Reclassification to financial assets designated at FVTPL — (152,091 ) — (152,091 ) — — W 3,579,057 (3,579,057 ) — — — — Carrying value Amount Amount Carrying value Changes in Changes in other AFS (debt securities) Carrying value under IAS 39 as of January 1, 2018 W 37,186,552 — — 37,186,552 — — Reclassification to financial assets measured at FVTPL — (528,745 ) — (528,745 ) — — Reclassification to financial assets measured at FVOCI — (36,657,807 ) — (36,657,807 ) — — 37,186,552 (37,186,552 ) — — — — AFS (equity securities) Carrying value under IAS 39 as of January 1, 2018 4,930,385 — — 4,930,385 — — Reclassification to financial assets measured at FVTPL — (4,339,979 ) — (4,339,979 ) — — Reclassification to financial assets measured at FVOCI — (590,405 ) — (590,405 ) — — 4,930,385 (4,930,385 ) — — — — HTM (debt securities) Carrying value under IAS 39 as of January 1, 2018 24,990,680 — — 24,990,680 — — Reclassification to financial assets measured at FVTPL — (565,813 ) — (565,813 ) — — Reclassification to financial assets measured at amortized cost — (24,424,867 ) — (24,424,867 ) — — 24,990,680 (24,990,680 ) — — — — Financial assets as measured at FVTPL Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from due from banks — 902,124 (68,182 ) 833,942 — (68,182 ) Transfer from loans and other receivables — 750,342 30,027 780,369 30,027 — Transfer from trading assets — 28,464,296 — 28,464,296 — — Transfer from financial assets designated at FVTPL — 3,426,967 — 3,426,967 — — Transfer from AFS — 4,868,724 7,708 4,876,432 108,532 (108,532 ) Transfer from HTM — 565,813 (35,907 ) 529,906 — (35,907 ) Transfer from derivative assets — 51,375 (42,195 ) 9,180 — — — — (2,575 ) (2,575 ) — — — 39,029,641 (111,124 ) 38,918,517 138,559 (212,620 ) Financial assets designated at FVTPL(IFRS 9) Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from financial assets designated at FVTPL(IAS 39) — 152,091 — 152,091 — — — 152,091 — 152,091 — — Financial assets measured at FVOCI (*2) Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from AFS — 37,248,212 — 37,248,212 204,457 (204,457 ) — 37,248,212 — 37,248,212 204,457 (204,457 ) Financial assets measured at amortized cost (*2) Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from HTM — 24,424,867 — 24,424,867 — — — 24,424,867 — 24,424,867 — — W 413,408,627 — (111,124 ) 413,297,503 343,016 (417,077 ) Financial liabilities : Carrying value Amount Amount Carrying value Changes in Changes in other Deposits Carrying value under IAS 39 as of January 1, 2018 W 249,419,224 — — 249,419,224 — — 249,419,224 — — 249,419,224 — — Trading liabilities (*1) Carrying value under IAS 39 as of January 1, 2018 1,848,490 — — 1,848,490 — — Reclassification to financial liabilities measured at FVTPL — (1,848,490 ) — (1,848,490 ) — — 1,848,490 (1,848,490 ) — — — — Financial liabilities designated at FVTPL Carrying value under IAS 39 as of January 1, 2018 8,297,609 — — 8,297,609 — — Reclassification to financial liabilities designated at FVTPL — (8,260,636 ) — (8,260,636 ) — — Reclassification to financial liabilities measured at FVTPL — (36,973 ) — (36,973 ) — — 8,297,609 (8,297,609 ) — — — — Financial liabilities measured at FVTPL Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from trading liabilities — 1,848,490 — 1,848,490 — — Transfer from financial liabilities designated at FVTPL — 36,973 — 36,973 — — — 1,885,463 — 1,885,463 — — Financial liabilities designated at FVTPL Carrying value under IAS 39 as of January 1, 2018 — — — — — — Transfer from financial liabilities designated at FVTPL — 8,260,636 — 8,260,636 — — — 8,260,636 — 8,260,636 — — Derivative liabilities Carrying value under IAS 39 as of January 1, 2018 3,487,661 — — 3,487,661 — — Other — — (4,019 ) (4,019 ) — — 3,487,661 — (4,019 ) 3,483,642 — — Borrowings Carrying value under IAS 39 as of January 1, 2018 27,586,610 — — 27,586,610 — — Other — — (297 ) (297 ) — — 27,586,610 — (297 ) 27,586,313 — — Debt securities issued Carrying value under IAS 39 as of January 1, 2018 51,340,821 — — 51,340,821 — — Other financial liabilities Carrying value under IAS 39 as of January 1, 2018 20,124,451 — — 20,124,451 — — Other — — (19 ) (19 ) — — 20,124,451 — (19 ) 20,124,432 — — W 362,104,866 — (4,335 ) 362,100,531 — — (*1) With respect to financial assets and financial liabilities reclassified from the category of fair value through profit or loss, effective interest rates calculated on the initial application date of IFRS 9 and interest income or expense recognized shall be disclosed. Such reclassification has not occurred as a result of the IFRS 9 adoption. (*2) With respect to financial assets and financial liabilities reclassified to financial instruments measured at amortized cost, and financial assets measured at fair value through profit or loss reclassified to the category of fair value through other comprehensive income, the gain or loss on fair value measurement that would otherwise have been recognized in profit or loss or other comprehensive income in the reporting period, and the fair value of the financial assets or financial liabilities, shall be disclosed. Such reclassification has not occurred as a result of the IFRS 9 adoption. 2) Credit loss allowance Carrying value Amount Amount Carrying value Changes in Changes in Credit loss allowance for Due from banks W 14,054 — 1,008 15,062 (1,008 ) — Loans 2,310,604 (3,328 ) 564,710 2,871,986 (561,382 ) — Financial asset measured at FVOCI (Debt securities) — — 18,976 18,976 (18,976 ) 18,976 Financial asset measured at amortized cost (Debt securities) — — 8,559 8,559 (8,559 ) — Other assets 49,679 — 2,139 51,818 (2,139 ) — Financial guarantee 36,506 — 783 37,289 (783 ) — Unused credit line and other credit commitment 168,006 — 54,492 222,498 (54,492 ) — W 2,578,849 (3,328 ) 650,667 3,226,188 (647,339 ) 18,976
Financial impact with IFRS 15	(vi) Financial impact with IFRS 15 As of December 31, 2018, the effect of applying IFRS 15 is as follows in the statement of comprehensive income of the Group as of December 31, 2018 (excluding trust fees reflected by the conversion effect). The effect on the terminated cash flow statement is not significant. The effect on the consolidated statement of financial position as of December 31, 2018 is as follows. Disclosed Adjustments Amount before Liabilities: Provisions: Credit card W — (24,700 ) 24,700 Other liabilities: Accounts payable 9,748,168 (41,758 ) 9,789,926 Unearned revenues 236,827 (209,241 ) 446,068 Others 2,496,169 275,698 2,220,471 The effect on the consolidated statement of comprehensive income is as follows. Disclosed Adjustments Amount before Net fee and commission income:(*1)(*2) Fee and commission income: Credit card W 1,360,322 (1,135,515 ) 2,495,837 Fee and commission incomes Credit card payment (944,533 ) 1,135,515 (2,080,048 ) (*1) Before adopting IFRS 15, the Group defers and recognizes the amount allocated to the credit card points as unearned revenue and revenue is recognized only when the points are redeemed and the Group has fulfilled its obligation to provide the benefits. In addition, a provision for onerous contracts is recognized when the expected benefits to be derived by the Group from customer loyalty program are lower than the unavoidable cost of meeting its obligations under the programmes. However under IFRS 15, the amount allocated to the credit card points is regarded as consideration payable to the customers and recognized as a reduction of fee and commission income, estimated as fair value of the monetary benefits taking into account the expected redemption rate. (*2) The Group has changed the recognition of card holder service fee paid to a customer recognized as fee and commission expense before adopting IFRS 15, to reduction of fee and commission income under IFRS 15.

Condensed Shinhan Financial G_2

Condensed Shinhan Financial Group (Parent Company only) Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2018
Condensed financial information of parent company only disclosure [Abstract]
STATEMENTS OF FINANCIAL POSITION	STATEMENTS OF FINANCIAL POSITION 2017 2018 Assets Deposits Banking subsidiaries W 3 24 Other 48,572 Receivables from subsidiaries: Non-banking 1,234,527 1,644,666 Investment (at equity) in subsidiaries: Banking subsidiaries 13,752,799 13,792,072 Non-banking 11,980,360 11,983,360 Trading asset 255,086 — Financial assets at FVTPL 1,927,150 Property, equipment and intangible assets, net 7,180 7,983 Other assets Banking subsidiaries 224,688 311,052 Non-banking 179,258 162,695 Other 5,882 236,658 Total assets W 27,639,783 30,114,232 Liabilities and equity Borrowings W 5,000 125,000 Debt securities issued 7,003,622 7,812,358 Accrued expenses & other liabilities 439,083 526,806 Total liabilities 7,447,705 8,464,164 Equity 20,192,078 21,650,068 Total liabilities and equity W 27,639,783 30,114,232
CONDENSED STATEMENTS OF INCOME	CONDENSED STATEMENTS OF INCOME 2016 2017 2018 Income Dividends from banking subsidiaries W 651,524 481,524 541,524 Dividends from non-banking 994,615 448,588 866,150 Interest income from banking subsidiaries 2,187 228 268 Interest income from non-banking 35,005 27,111 31,224 Other income 57,011 51,953 74,215 Total income 1,740,342 1,009,404 1,513,381 Expenses Interest expense (197,519 ) (179,330 ) (187,882 ) Other expense (72,157 ) (74,733 ) (89,145 ) Total expenses (269,676 ) (254,063 ) (277,027 ) Profit before income tax expense 1,470,666 755,341 1,236,354 Income tax expense (benefit) 416 614 1,471 Profit for the year W 1,470,250 754,727 1,234,883
CONDENSED STATEMENTS OF CASH FLOWS	CONDENSED STATEMENTS OF CASH FLOWS 2016 2017 2018 Cash flows from operating activities Profit before income taxes W 1,470,666 755,341 1,236,354 Non-cash (1,480,864 ) (774,385 ) (1,251,379 ) Changes in operating assets and liabilities 320,716 (66,339 ) (1,671,189 ) Net interest paid (158,620 ) (149,642 ) (153,926 ) Dividend received from subsidiaries 1,646,139 930,112 1,407,674 Income tax refunds — 100 — Net cash provided by operating activities 1,798,037 695,187 (432,466 ) Cash flows from investing activities Loan collection (origination) to non-banking 300,000 (300,000 ) (412,630 ) Acquisition of subsidiary (500,000 ) (30,000 ) (42,273 ) Other, net (1,308 ) (715 ) (231,281 ) Net cash provided by (used in) investing activities (201,308 ) (330,715 ) (686,184 ) Cash flows from financing activities Issuance of hybrid bonds — 224,466 1,107,838 Redemption of hybrid bonds (240,000 ) (300,000 ) — Redemption of preferred stock (1,125,906 ) — — Net changes in borrowings — — 120,000 Issuance of debt securities issued 1,597,413 1,497,588 2,396,138 Repayments of debt securities issued (1,660,000 ) (1,080,000 ) (1,590,000 ) Dividend paid (669,103 ) (706,565 ) (714,705 ) Acquisition of treasury stock — — (151,993 ) Net cash used in financing activities (2,097,596 ) (364,511 ) 1,167,278 Net increase (decrease) in cash and cash equivalents (500,867 ) (39 ) 48,628 Cash and cash equivalents at beginning of year 500,906 39 — Cash and cash equivalents at end of year W 39 — 48,628

Ownership of Shinhan Financial

Ownership of Shinhan Financial Group and its material consolidated subsidiaries (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Shinhan Bank Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Card Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Investment Corp.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Life Insurance Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Capital Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Jeju Bank
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	71.89%	68.90%
Shinhan Credit Information Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Alternative Investment Management Inc.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan BNP Paribas Asset Management Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	65.00%	65.00%
SHC Management Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Data System
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Savings Bank
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan AITAS Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	99.80%	99.80%
Shinhan REITs Management Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Korea	Korea
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Asia Limited
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong	Hong Kong
Proportion of ownership interest in subsidiary	99.90%	99.90%
Shinhan Bank America
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	USA	USA
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Bank Europe GmbH
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Germany	Germany
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Khmer Bank PLC
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Cambodia	Cambodia
Proportion of ownership interest in subsidiary	97.50%	97.50%
Shinhan Bank Kazakhstan Limited
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Kazakhstan	Kazakhstan
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Bank Canada
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Canada	Canada
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Bank (China) Limited
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	China	China
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Bank Japan
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Japan	Japan
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Bank Vietnam Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Vietnam	Vietnam
Proportion of ownership interest in subsidiary	100.00%	100.00%
Banco Shinhan de Mexico
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Mexico	Mexico
Proportion of ownership interest in subsidiary	100.00%	100.00%
PT Bank Shinhan Indonesia
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Indonesia	Indonesia
Proportion of ownership interest in subsidiary	99.00%	99.00%
LLP MFO Shinhan Finance
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Kazakhstan	Kazakhstan
Proportion of ownership interest in subsidiary	100.00%	100.00%
PT. Shinhan Indo Finance
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Indonesia	Indonesia
Proportion of ownership interest in subsidiary	50.00%	50.00%
Shinhan Microfinance Co., Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Myanmar	Myanmar
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Investment Corp. USA Inc.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	USA	USA
Proportion of ownership interest in subsidiary	100.00%	100.00%
Shinhan Investment Corp. Asia Ltd.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong	Hong Kong
Proportion of ownership interest in subsidiary	100.00%	100.00%
SHINHAN SECURITIES VIETNAM CO., LTD.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Vietnam	Vietnam
Proportion of ownership interest in subsidiary	100.00%	100.00%
PT. Shinhan Sekuritas Indonesia
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Indonesia	Indonesia
Proportion of ownership interest in subsidiary	99.00%	99.00%
Shinhan BNP Paribas Asset Management (Hong Kong) Limited
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Hong Kong	Hong Kong
Proportion of ownership interest in subsidiary	100.00%	100.00%
PT Shinhan Asset Management Indonesia
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Indonesia	Indonesia
Proportion of ownership interest in subsidiary	75.00%
SHINHAN DS VIETNAM CO.,LTD.
Ownership of Shinhan Financial Group and its material consolidated subsidiaries [Line Items]
Country of incorporation of subsidiary	Vietnam	Vietnam
Proportion of ownership interest in subsidiary	100.00%

Maximum exposure to credit risk

Maximum exposure to credit risk (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	₩ 611,310,911	₩ 542,766,933
Due from banks and loans
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		296,441,837
Due from banks and loans | Banks
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		13,373,140
Due from banks and loans | Retail
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		124,868,554
Due from banks and loans | Government
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		14,442,747
Due from banks and loans | Corporations
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		123,637,882
Due from banks and loans | Card receivable
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		20,119,514
Due from banks and loans at amortized cost
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	314,340,868
Due from banks and loans at amortized cost | Banks
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	17,935,816
Due from banks and loans at amortized cost | Retail
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	136,499,558
Due from banks and loans at amortized cost | Government
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	6,517,215
Due from banks and loans at amortized cost | Corporations
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	131,795,992
Due from banks and loans at amortized cost | Card receivable
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	21,592,287
Deposits and loans at FVTPL
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	2,079,850
Deposits and loans at FVTPL | Banks
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	890,660
Deposits and loans at FVTPL | Corporations
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	1,189,190
Trading assets
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		23,829,943
Securities at FVTPL
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	40,289,846
Financial assets designated at FVTPL(IAS39)
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		2,344,701
AFS financial assets
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		37,186,552
Securities at fair value through other comprehensive income
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	37,677,646
HTM financial assets
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk		24,990,680
Securities at amortized cost
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	28,478,136
Derivative assets
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	1,793,613	3,400,178
Other financial assets
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	16,837,141	12,041,304
Financial guarantee contracts
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	4,413,874	3,267,707
Loan commitments and other
Maximum exposure to credit risk [Line Items]
Maximum exposure to credit risk	₩ 165,399,937	₩ 139,264,031

Maximum amount of exposure to c

Maximum amount of exposure to credit risk by type of collateral of held financial instruments (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	₩ 159,586,797
Guarantee
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	17,539,924
Deposits and Savings
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	1,259,337
Property and equipment
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	1,314,910
Real estate
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	133,312,928
Securities
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	3,565,660
Others
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	2,594,038
12-month expected credit losses
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	140,904,620
12-month expected credit losses | Guarantee
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	13,608,254
12-month expected credit losses | Deposits and Savings
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	1,016,391
12-month expected credit losses | Property and equipment
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	1,051,573
12-month expected credit losses | Real estate
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	119,174,347
12-month expected credit losses | Securities
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	3,460,263
12-month expected credit losses | Others
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	2,593,792
Lifetime expected credit losses
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	18,318,248
Lifetime expected credit losses | Guarantee
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	3,870,047
Lifetime expected credit losses | Deposits and Savings
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	241,567
Lifetime expected credit losses | Property and equipment
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	244,571
Lifetime expected credit losses | Real estate
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	13,856,638
Lifetime expected credit losses | Securities
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	105,397
Lifetime expected credit losses | Others
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	28
Impaired
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	363,929
Impaired | Guarantee
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	61,623
Impaired | Deposits and Savings
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	1,379
Impaired | Property and equipment
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	18,766
Impaired | Real estate
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	281,943
Impaired | Securities
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	0
Impaired | Others
Maximum amount of exposure to credit risk by type of collateral of held financial instruments [Line Items]
Maximum exposure to credit risk	₩ 218

Credit loss allowances of finan

Credit loss allowances of financial assets (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	₩ 383,245,803
Allowances	(2,749,153)
Financial assets at amortized cost, net	380,496,650
Mitigation of credit risk due to collateral	155,365,725
Due from banks and loans at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	317,080,760
Allowances	(2,739,892)
Financial assets at amortized cost, net	314,340,868
Mitigation of credit risk due to collateral	155,365,725
Due from banks and loans at amortized cost | Banks
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	17,960,096
Allowances	(24,280)
Financial assets at amortized cost, net	17,935,816
Mitigation of credit risk due to collateral	55,008
Due from banks and loans at amortized cost | Retail
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	136,939,116
Allowances	(439,558)
Financial assets at amortized cost, net	136,499,558
Mitigation of credit risk due to collateral	81,216,489
Due from banks and loans at amortized cost | Government
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	6,522,489
Allowances	(5,274)
Financial assets at amortized cost, net	6,517,215
Mitigation of credit risk due to collateral	17,050
Due from banks and loans at amortized cost | Corporations
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	133,264,866
Allowances	(1,468,874)
Financial assets at amortized cost, net	131,795,992
Mitigation of credit risk due to collateral	74,069,579
Due from banks and loans at amortized cost | Card receivable
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	22,394,193
Allowances	(801,906)
Financial assets at amortized cost, net	21,592,287
Mitigation of credit risk due to collateral	7,599
Securities at fair value through other comprehensive income
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	37,677,646
Allowances	0
Financial assets at amortized cost, net	37,677,646
Mitigation of credit risk due to collateral	0
Securities at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	28,487,397
Allowances	(9,261)
Financial assets at amortized cost, net	28,478,136
Mitigation of credit risk due to collateral	0
12-month expected credit losses | Grade 1
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	302,639,821
12-month expected credit losses | Grade 1 | Due from banks and loans at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	244,272,193
12-month expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Banks
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	16,873,064
12-month expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Retail
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	122,318,451
12-month expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Government
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	6,474,219
12-month expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Corporations
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	82,476,923
12-month expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Card receivable
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	16,129,536
12-month expected credit losses | Grade 1 | Securities at fair value through other comprehensive income
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	30,705,879
12-month expected credit losses | Grade 1 | Securities at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	27,661,749
12-month expected credit losses | Grade 2
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	45,242,824
12-month expected credit losses | Grade 2 | Due from banks and loans at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	37,573,713
12-month expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Banks
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	980,673
12-month expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Retail
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	6,122,202
12-month expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Government
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	2,399
12-month expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Corporations
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	28,445,914
12-month expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Card receivable
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	2,022,525
12-month expected credit losses | Grade 2 | Securities at fair value through other comprehensive income
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	6,865,937
12-month expected credit losses | Grade 2 | Securities at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	803,174
Lifetime expected credit losses | Grade 1
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	16,746,327
Lifetime expected credit losses | Grade 1 | Due from banks and loans at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	16,723,853
Lifetime expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Banks
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	94,866
Lifetime expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Retail
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	4,991,709
Lifetime expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Government
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	45,871
Lifetime expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Corporations
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	9,800,260
Lifetime expected credit losses | Grade 1 | Due from banks and loans at amortized cost | Card receivable
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	1,791,147
Lifetime expected credit losses | Grade 1 | Securities at fair value through other comprehensive income
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	0
Lifetime expected credit losses | Grade 1 | Securities at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	22,474
Lifetime expected credit losses | Grade 2
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	16,919,867
Lifetime expected credit losses | Grade 2 | Due from banks and loans at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	16,814,037
Lifetime expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Banks
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	11,493
Lifetime expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Retail
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	3,103,779
Lifetime expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Government
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	0
Lifetime expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Corporations
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	11,659,375
Lifetime expected credit losses | Grade 2 | Due from banks and loans at amortized cost | Card receivable
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	2,039,390
Lifetime expected credit losses | Grade 2 | Securities at fair value through other comprehensive income
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	105,830
Lifetime expected credit losses | Grade 2 | Securities at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	0
Impaired
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	1,696,964
Impaired | Due from banks and loans at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	1,696,964
Impaired | Due from banks and loans at amortized cost | Banks
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	0
Impaired | Due from banks and loans at amortized cost | Retail
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	402,975
Impaired | Due from banks and loans at amortized cost | Government
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	0
Impaired | Due from banks and loans at amortized cost | Corporations
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	882,394
Impaired | Due from banks and loans at amortized cost | Card receivable
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	411,595
Impaired | Securities at fair value through other comprehensive income
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	0
Impaired | Securities at amortized cost
Impairment information by credit risk of financial assets [Line Items]
Financial assets at amortized cost	₩ 0

Due from banks and loans by pas

Due from banks and loans by past due or impairment (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Mitigation of credit risk due to collateral		₩ 155,365,725
Banks | Neither past due nor impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			₩ 13,390,271
Less : allowance			(17,131)
Due from banks and loans, net			13,373,140
Mitigation of credit risk due to collateral	[1]		96,835
Banks | Grade 1
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			13,382,414
Due from banks and loans, net			13,382,414
Banks | Grade 2
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			7,857
Due from banks and loans, net			7,857
Banks | Past due but not impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Less : allowance			0
Due from banks and loans, net			0
Mitigation of credit risk due to collateral	[1]		0
Banks | Less than 30 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Banks | 30 days ~ less than 60 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Banks | 60 days ~ less than 90 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Banks | 90 days or more
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Banks | Impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Less : allowance			0
Due from banks and loans, net			0
Mitigation of credit risk due to collateral	[1]		0
Retail | Neither past due nor impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			124,361,480
Less : allowance			(212,502)
Due from banks and loans, net			124,148,978
Mitigation of credit risk due to collateral	[1]		80,354,889
Retail | Grade 1
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			116,304,917
Due from banks and loans, net			116,304,917
Retail | Grade 2
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			8,056,563
Due from banks and loans, net			8,056,563
Retail | Past due but not impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			581,977
Less : allowance			(56,774)
Due from banks and loans, net			525,203
Mitigation of credit risk due to collateral	[1]		325,631
Retail | Less than 30 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			458,968
Due from banks and loans, net			458,968
Retail | 30 days ~ less than 60 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			65,152
Due from banks and loans, net			65,152
Retail | 60 days ~ less than 90 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			42,427
Due from banks and loans, net			42,427
Retail | 90 days or more
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			15,430
Due from banks and loans, net			15,430
Retail | Impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			362,707
Less : allowance			(168,334)
Due from banks and loans, net			194,373
Mitigation of credit risk due to collateral	[1]		128,906
Government | Neither past due nor impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			14,447,016
Less : allowance			(4,269)
Due from banks and loans, net			14,442,747
Mitigation of credit risk due to collateral	[1]		0
Government | Grade 1
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			14,447,016
Due from banks and loans, net			14,447,016
Government | Grade 2
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Government | Past due but not impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Less : allowance			0
Due from banks and loans, net			0
Mitigation of credit risk due to collateral	[1]		0
Government | Less than 30 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Government | 30 days ~ less than 60 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Government | 60 days ~ less than 90 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Government | 90 days or more
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Due from banks and loans, net			0
Government | Impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			0
Less : allowance			0
Due from banks and loans, net			0
Mitigation of credit risk due to collateral	[1]		0
Corporations | Neither past due nor impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			123,667,242
Less : allowance			(647,694)
Due from banks and loans, net			123,019,548
Mitigation of credit risk due to collateral	[1]		64,018,607
Corporations | Grade 1
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			86,831,895
Due from banks and loans, net			86,831,895
Corporations | Grade 2
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			36,835,347
Due from banks and loans, net			36,835,347
Corporations | Past due but not impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			194,132
Less : allowance			(8,898)
Due from banks and loans, net			185,234
Mitigation of credit risk due to collateral	[1]		94,388
Corporations | Less than 30 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			131,624
Due from banks and loans, net			131,624
Corporations | 30 days ~ less than 60 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			33,749
Due from banks and loans, net			33,749
Corporations | 60 days ~ less than 90 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			16,972
Due from banks and loans, net			16,972
Corporations | 90 days or more
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			11,787
Due from banks and loans, net			11,787
Corporations | Impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			1,010,036
Less : allowance			(576,936)
Due from banks and loans, net			433,100
Mitigation of credit risk due to collateral	[1]		384,815
Credit card | Neither past due nor impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			19,788,015
Less : allowance			(288,362)
Due from banks and loans, net			19,499,653
Mitigation of credit risk due to collateral	[1]		6,358
Credit card | Grade 1
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			16,314,189
Due from banks and loans, net			16,314,189
Credit card | Grade 2
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			3,473,826
Due from banks and loans, net			3,473,826
Credit card | Past due but not impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			543,303
Less : allowance			(81,990)
Due from banks and loans, net			461,313
Mitigation of credit risk due to collateral	[1]		90
Credit card | Less than 30 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			446,658
Due from banks and loans, net			446,658
Credit card | 30 days ~ less than 60 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			58,283
Due from banks and loans, net			58,283
Credit card | 60 days ~ less than 90 days
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			37,972
Due from banks and loans, net			37,972
Credit card | 90 days or more
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			390
Due from banks and loans, net			390
Credit card | Impaired
Disclosure of Due from banks and loans by past due or impairment [Line Items]
Due from banks and loans			420,316
Less : allowance			(261,768)
Due from banks and loans, net			158,548
Mitigation of credit risk due to collateral	[1]		₩ 12
[1]	The credit risk mitigation effect of the collateral was estimated based on the fair value of the collateral.

Credit risk exposures per credi

Credit risk exposures per credit grade of off-balance items (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	₩ 165,399,937
Financial guarantee
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	4,413,874
Financial guarantee | Grade 1
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	2,283,931
Financial guarantee | Grade 1 | 12-month expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	2,137,695
Financial guarantee | Grade 1 | Lifetime expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	146,236
Financial guarantee | Grade 2
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	2,128,154
Financial guarantee | Grade 2 | 12-month expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	1,975,877
Financial guarantee | Grade 2 | Lifetime expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	152,277
Financial guarantee | Impaired
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	1,789
Loan commitment and other credit line | Grade 1
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	144,556,688
Loan commitment and other credit line | Grade 1 | 12-month expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	137,920,323
Loan commitment and other credit line | Grade 1 | Lifetime expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	6,636,365
Loan commitment and other credit line | Grade 2
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	20,832,710
Loan commitment and other credit line | Grade 2 | 12-month expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	19,044,745
Loan commitment and other credit line | Grade 2 | Lifetime expected credit losses
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	1,787,965
Loan commitment and other credit line | Impaired
Credit risk exposures per credit grade of off-balance items [Line Items]
Credit risk exposures	₩ 10,539

Credit ratings of debt securiti

Credit ratings of debt securities (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	₩ 28,464,296
Financial assets designated at fair value through profit or loss(IAS39)	3,579,057
Available-for-sale financial assets	42,116,937
Held-to-maturity financial assets	24,990,680
Total	88,162,579
External credit grades
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	23,640,646
Financial assets designated at fair value through profit or loss(IAS39)	2,344,701
Available-for-sale financial assets	37,186,552
Held-to-maturity financial assets	24,990,680
Total	88,162,579
AAA
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	8,837,093
Financial assets designated at fair value through profit or loss(IAS39)	630,247
Available-for-sale financial assets	23,949,843
Held-to-maturity financial assets	20,057,480
Total	53,474,663
AA- to AA+
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	5,193,659
Financial assets designated at fair value through profit or loss(IAS39)	589,193
Available-for-sale financial assets	5,582,125
Held-to-maturity financial assets	3,956,290
Total	15,321,267
A- to A+
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	5,442,892
Financial assets designated at fair value through profit or loss(IAS39)	792,715
Available-for-sale financial assets	4,300,764
Held-to-maturity financial assets	444,711
Total	10,981,082
BBB- to BBB+
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	1,614,012
Financial assets designated at fair value through profit or loss(IAS39)	252,258
Available-for-sale financial assets	1,508,224
Held-to-maturity financial assets	166,906
Total	3,541,400
Lower than BBB-
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	275,200
Financial assets designated at fair value through profit or loss(IAS39)	0
Available-for-sale financial assets	435,651
Held-to-maturity financial assets	177,840
Total	888,691
Unrated
Disclosure of Credit ratings of debt securities [Line Items]
Trading assets	2,277,790
Financial assets designated at fair value through profit or loss(IAS39)	80,288
Available-for-sale financial assets	1,409,945
Held-to-maturity financial assets	187,453
Total	₩ 3,955,476

Debt securities by past due or

Debt securities by past due or impairment (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Disclosure of Debt securities by past due or impairment [Line Items]
Debt securities	₩ 88,162,579
Neither past due nor impaired
Disclosure of Debt securities by past due or impairment [Line Items]
Debt securities	88,160,626
Impaired
Disclosure of Debt securities by past due or impairment [Line Items]
Debt securities	₩ 1,953

Credit quality of derivative as

Credit quality of derivative assets (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of Credit quality of derivative assets [Line Items]
Derivative assets	₩ 1,793,613	₩ 3,400,178
Internal credit grades
Disclosure of Credit quality of derivative assets [Line Items]
Derivative assets	1,793,613	3,400,178
Grade 1
Disclosure of Credit quality of derivative assets [Line Items]
Derivative assets	1,687,005	3,290,638
Grade 2
Disclosure of Credit quality of derivative assets [Line Items]
Derivative assets	₩ 106,608	₩ 109,540

Concentration by geographic loc

Concentration by geographic location for financial instrument, net of allowance (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	₩ 422,866,346	₩ 384,793,713
Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		296,441,837
Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		13,373,140
Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		124,868,554
Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		14,442,747
Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		123,637,882
Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		20,119,514
Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	314,340,868
Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	17,935,816
Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	136,499,558
Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	6,517,215
Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	131,795,992
Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	21,592,287
Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,079,850
Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	890,660
Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,189,190
Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		23,829,943
Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,344,701
Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	40,289,846
AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		37,186,552
Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	37,677,646
HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		24,990,680
Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	28,478,136
Korea
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	382,242,456	351,563,286
Korea | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		269,224,668
Korea | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		6,315,655
Korea | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		119,993,323
Korea | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		12,887,534
Korea | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		110,025,699
Korea | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		20,002,457
Korea | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	281,363,653
Korea | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	8,996,272
Korea | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	130,034,683
Korea | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	4,257,877
Korea | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	116,621,693
Korea | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	21,453,128
Korea | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,375,655
Korea | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	186,465
Korea | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,189,190
Korea | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		23,294,062
Korea | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,262,222
Korea | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	38,782,201
Korea | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		34,323,438
Korea | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	34,667,702
Korea | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		22,458,896
Korea | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	26,053,245
USA
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	9,224,369	7,069,269
USA | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		4,042,709
USA | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,186,576
USA | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		346,746
USA | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		130,553
USA | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,371,400
USA | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		7,434
USA | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	5,287,793
USA | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,712,675
USA | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	359,668
USA | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	499,742
USA | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,707,273
USA | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	8,435
USA | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	704,195
USA | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	704,195
USA | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
USA | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		235,474
USA | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		82,479
USA | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	973,716
USA | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,242,570
USA | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,209,756
USA | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,466,037
USA | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,048,909
England
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	761,975	588,650
England | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		384,836
England | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		205,705
England | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		3,811
England | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
England | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		175,038
England | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		282
England | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	576,568
England | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	462,540
England | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	4,432
England | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
England | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	109,295
England | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	301
England | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
England | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
England | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
England | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		189,297
England | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
England | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	163,658
England | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		14,517
England | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	21,749
England | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
England | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Japan
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	7,707,180	5,723,342
Japan | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		5,524,218
Japan | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		268,533
Japan | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,695,890
Japan | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		388,142
Japan | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,169,445
Japan | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,208
Japan | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	7,413,290
Japan | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	640,895
Japan | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	3,440,623
Japan | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	750,676
Japan | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,578,989
Japan | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,107
Japan | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Japan | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Japan | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Japan | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		985
Japan | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Japan | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	28,062
Japan | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		163,652
Japan | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	197,234
Japan | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		34,487
Japan | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	68,594
Germany
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	478,817	395,474
Germany | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		354,622
Germany | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		144,382
Germany | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,057
Germany | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		134,011
Germany | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		73,998
Germany | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		174
Germany | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	420,893
Germany | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	213,399
Germany | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,151
Germany | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	108,667
Germany | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	96,468
Germany | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	208
Germany | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Germany | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Germany | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Germany | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		8,704
Germany | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Germany | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	11,507
Germany | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		32,148
Germany | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	46,417
Germany | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Germany | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Vietnam
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	4,875,259	3,771,084
Vietnam | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		3,054,235
Vietnam | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		583,094
Vietnam | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		745,725
Vietnam | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		35,786
Vietnam | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,613,022
Vietnam | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		76,608
Vietnam | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	4,100,898
Vietnam | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	947,315
Vietnam | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,031,299
Vietnam | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	182,822
Vietnam | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,846,470
Vietnam | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	92,992
Vietnam | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Vietnam | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Vietnam | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Vietnam | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		5,074
Vietnam | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Vietnam | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	20,740
Vietnam | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		474,134
Vietnam | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	392,668
Vietnam | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		237,641
Vietnam | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	360,953
China
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	8,141,055	7,854,456
China | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		7,246,645
China | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		3,420,223
China | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		615,079
China | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		664,030
China | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,530,507
China | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		16,806
China | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	7,385,136
China | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	3,221,442
China | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	974,568
China | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	546,597
China | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,621,744
China | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	20,785
China | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
China | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
China | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
China | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		60,037
China | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
China | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	104,853
China | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		510,678
China | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	616,143
China | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		37,096
China | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	34,923
Other country
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	9,435,235	7,828,152
Other country | Due from banks and loans
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		6,609,904
Other country | Due from banks and loans | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,248,972
Other country | Due from banks and loans | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		465,923
Other country | Due from banks and loans | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		202,691
Other country | Due from banks and loans | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		4,678,773
Other country | Due from banks and loans | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		13,545
Other country | Due from banks and loans at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	7,792,637
Other country | Due from banks and loans at amortized cost | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,741,278
Other country | Due from banks and loans at amortized cost | Retail
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	652,134
Other country | Due from banks and loans at amortized cost | Government
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	170,834
Other country | Due from banks and loans at amortized cost | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	5,214,060
Other country | Due from banks and loans at amortized cost | Card receivable
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	14,331
Other country | Deposits and loans at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Other country | Deposits and loans at FVTPL | Banks
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Other country | Deposits and loans at FVTPL | Corporations
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Other country | Trading assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		36,310
Other country | Financial assets designated at FVTPL(IAS39)
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Other country | Securities at FVTPL
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	205,109
Other country | AFS financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		425,415
Other country | Securities at fair value through other comprehensive income
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	525,977
Other country | HTM financial assets
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		₩ 756,523
Other country | Securities at amortized cost
Concentration by geographic location for financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	₩ 911,512
[1]	The following accounts are the net book value less provision for doubtful accounts.

Concentration by industry secto

Concentration by industry sector of financial instrument, net of allowance (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	₩ 422,866,346	₩ 384,793,713
Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		296,441,837
Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		13,373,140
Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		124,868,554
Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		14,442,747
Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		123,637,882
Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		20,119,514
Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	314,340,868
Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	17,935,816
Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	136,499,558
Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	6,517,215
Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	131,795,992
Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	21,592,287
Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,079,850
Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	890,660
Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,189,190
Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		23,829,943
Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,344,701
Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	40,289,846
AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		37,186,552
Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	37,677,646
HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		24,990,680
Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	28,478,136
Finance and insurance
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	88,022,539	77,737,683
Finance and insurance | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		29,992,494
Finance and insurance | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		11,094,855
Finance and insurance | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Finance and insurance | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		13,381,461
Finance and insurance | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		5,474,353
Finance and insurance | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		41,825
Finance and insurance | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	32,457,817
Finance and insurance | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	17,579,099
Finance and insurance | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Finance and insurance | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	6,385,776
Finance and insurance | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	8,456,599
Finance and insurance | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	36,343
Finance and insurance | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,425,488
Finance and insurance | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	870,656
Finance and insurance | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	554,832
Finance and insurance | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		17,183,669
Finance and insurance | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,201,464
Finance and insurance | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	25,067,491
Finance and insurance | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		23,384,608
Finance and insurance | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	22,436,768
Finance and insurance | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		5,975,448
Finance and insurance | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	6,634,975
Manufacturing
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	47,825,016	43,463,477
Manufacturing | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		40,662,964
Manufacturing | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,592
Manufacturing | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Manufacturing | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,314
Manufacturing | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		40,364,768
Manufacturing | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		295,290
Manufacturing | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	44,170,108
Manufacturing | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,219
Manufacturing | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Manufacturing | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Manufacturing | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	43,957,565
Manufacturing | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	210,324
Manufacturing | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	213,715
Manufacturing | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Manufacturing | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	213,715
Manufacturing | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,139,609
Manufacturing | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		202,906
Manufacturing | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,646,132
Manufacturing | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,409,017
Manufacturing | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,695,624
Manufacturing | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		48,981
Manufacturing | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	99,437
Retail and wholesale
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	19,287,593	18,173,500
Retail and wholesale | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		16,703,966
Retail and wholesale | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail and wholesale | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail and wholesale | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail and wholesale | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		16,563,849
Retail and wholesale | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		140,117
Retail and wholesale | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	17,589,602
Retail and wholesale | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail and wholesale | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail and wholesale | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail and wholesale | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	17,420,532
Retail and wholesale | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	169,070
Retail and wholesale | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	209,631
Retail and wholesale | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail and wholesale | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	209,631
Retail and wholesale | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,206,133
Retail and wholesale | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		36,112
Retail and wholesale | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,185,571
Retail and wholesale | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		227,289
Retail and wholesale | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	302,789
Retail and wholesale | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail and wholesale | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Real estate and service
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	28,676,897	24,739,940
Real estate and service | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		23,100,220
Real estate and service | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		56,744
Real estate and service | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Real estate and service | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Real estate and service | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		23,005,675
Real estate and service | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		37,801
Real estate and service | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	27,055,617
Real estate and service | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	300
Real estate and service | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Real estate and service | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,795
Real estate and service | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	27,009,286
Real estate and service | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	43,236
Real estate and service | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	22,597
Real estate and service | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	20,004
Real estate and service | Deposits and loans at FVTPL | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,593
Real estate and service | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		176,273
Real estate and service | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		45,178
Real estate and service | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	342,124
Real estate and service | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		632,410
Real estate and service | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	480,979
Real estate and service | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		785,859
Real estate and service | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	775,580
Construction service
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	4,600,610	3,965,378
Construction service | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,919,431
Construction service | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Construction service | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Construction service | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Construction service | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,880,851
Construction service | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		38,580
Construction service | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	3,314,615
Construction service | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Construction service | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Construction service | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Construction service | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	3,272,406
Construction service | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	42,209
Construction service | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,621
Construction service | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Construction service | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	1,621
Construction service | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		112,409
Construction service | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		27,678
Construction service | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	208,455
Construction service | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		348,269
Construction service | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	480,585
Construction service | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		557,591
Construction service | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	595,334
Hotel and food service
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	5,695,381	2,497,842
Hotel and food service | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,426,186
Hotel and food service | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Hotel and food service | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Hotel and food service | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Hotel and food service | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,413,929
Hotel and food service | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		12,257
Hotel and food service | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	5,633,652
Hotel and food service | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Hotel and food service | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Hotel and food service | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Hotel and food service | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	5,610,146
Hotel and food service | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	23,506
Hotel and food service | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	900
Hotel and food service | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Hotel and food service | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	900
Hotel and food service | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		71,656
Hotel and food service | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Hotel and food service | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	60,829
Hotel and food service | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Hotel and food service | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Hotel and food service | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Hotel and food service | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Other industry
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	92,157,268	70,188,840
Other industry | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		36,609,523
Other industry | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		2,219,949
Other industry | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Other industry | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		1,059,972
Other industry | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		32,934,457
Other industry | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		395,145
Other industry | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	47,518,415
Other industry | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	354,198
Other industry | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Other industry | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	128,644
Other industry | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	26,066,753
Other industry | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	20,968,820
Other industry | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	205,898
Other industry | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Other industry | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	205,898
Other industry | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		3,940,194
Other industry | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		831,363
Other industry | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	11,779,244
Other industry | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		11,184,959
Other industry | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	12,280,901
Other industry | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		17,622,801
Other industry | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	20,372,810
Retail customers
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	136,601,042	144,027,053
Retail customers | Due from banks and loans
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		144,027,053
Retail customers | Due from banks and loans | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail customers | Due from banks and loans | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		124,868,554
Retail customers | Due from banks and loans | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail customers | Due from banks and loans | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail customers | Due from banks and loans | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		19,158,499
Retail customers | Due from banks and loans at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	136,601,042
Retail customers | Due from banks and loans at amortized cost | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | Due from banks and loans at amortized cost | Retail
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	136,499,558
Retail customers | Due from banks and loans at amortized cost | Government
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | Due from banks and loans at amortized cost | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	2,705
Retail customers | Due from banks and loans at amortized cost | Card receivable
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	98,779
Retail customers | Deposits and loans at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | Deposits and loans at FVTPL | Banks
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | Deposits and loans at FVTPL | Corporations
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | Trading assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail customers | Financial assets designated at FVTPL(IAS39)
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail customers | Securities at FVTPL
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | AFS financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		0
Retail customers | Securities at fair value through other comprehensive income
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	0
Retail customers | HTM financial assets
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]		₩ 0
Retail customers | Securities at amortized cost
Concentration by industry sector of financial instrument, net of allowance [Line Items]
Financial assets, net	[1]	₩ 0
[1]	The following accounts are the net book value less provision for doubtful accounts.

Market risk management from tra

Market risk management from trading positions (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Shinhan financial group | Average
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	₩ 810,429	₩ 752,725
Shinhan financial group | Average | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	425,235	431,065
Shinhan financial group | Average | Stock price
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	201,408	186,652
Shinhan financial group | Average | Foreign exchange
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	143,202	113,208
Shinhan financial group | Average | Option volatility
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	34,334	10,405
Shinhan financial group | Average | Commodity
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	6,250	11,395
Shinhan financial group | Maximum
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	921,373	844,899
Shinhan financial group | Maximum | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	453,644	463,340
Shinhan financial group | Maximum | Stock price
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	227,167	225,553
Shinhan financial group | Maximum | Foreign exchange
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	174,702	121,041
Shinhan financial group | Maximum | Option volatility
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	56,834	12,599
Shinhan financial group | Maximum | Commodity
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	9,026	22,366
Shinhan financial group | Minimum
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	697,271	690,613
Shinhan financial group | Minimum | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	403,195	414,689
Shinhan financial group | Minimum | Stock price
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	143,238	157,730
Shinhan financial group | Minimum | Foreign exchange
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	124,292	105,823
Shinhan financial group | Minimum | Option volatility
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	22,045	7,809
Shinhan financial group | Minimum | Commodity
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	4,501	4,562
Shinhan financial group | December 31
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	799,676	752,382
Shinhan financial group | December 31 | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	453,644	415,139
Shinhan financial group | December 31 | Stock price
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	143,238	199,041
Shinhan financial group | December 31 | Foreign exchange
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	139,617	121,041
Shinhan financial group | December 31 | Option volatility
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	56,834	12,599
Shinhan financial group | December 31 | Commodity
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	6,343	4,562
Banking | Average
Market risk management from trading positions [Line Items]
Value at risk	43,957	49,943
Banking | Average | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	22,559	38,370
Banking | Average | Stock price
Market risk management from trading positions [Line Items]
Value at risk	12,118	4,051
Banking | Average | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	39,282	43,827
Banking | Average | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	131	70
Banking | Average | Commodity
Market risk management from trading positions [Line Items]
Value at risk	17	22
Banking | Maximum
Market risk management from trading positions [Line Items]
Value at risk	57,462	56,103
Banking | Maximum | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	29,748	50,206
Banking | Maximum | Stock price
Market risk management from trading positions [Line Items]
Value at risk	25,701	5,622
Banking | Maximum | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	45,738	46,108
Banking | Maximum | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	511	124
Banking | Maximum | Commodity
Market risk management from trading positions [Line Items]
Value at risk	61	46
Banking | Minimum
Market risk management from trading positions [Line Items]
Value at risk	38,026	42,031
Banking | Minimum | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	16,194	22,226
Banking | Minimum | Stock price
Market risk management from trading positions [Line Items]
Value at risk	1,976	3,040
Banking | Minimum | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	34,162	41,562
Banking | Minimum | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	30	43
Banking | Minimum | Commodity
Market risk management from trading positions [Line Items]
Value at risk	0	0
Banking | December 31
Market risk management from trading positions [Line Items]
Value at risk	54,290	45,406
Banking | December 31 | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	18,797	25,071
Banking | December 31 | Stock price
Market risk management from trading positions [Line Items]
Value at risk	22,212	4,675
Banking | December 31 | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	34,294	41,947
Banking | December 31 | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	261	66
Banking | December 31 | Commodity
Market risk management from trading positions [Line Items]
Value at risk	24	14
Banking | December 31 | Portfolio diversification
Market risk management from trading positions [Line Items]
Value at risk	(21,298)	(26,367)
Credit card | Average
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	1,257	1,809
Credit card | Average | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	1,257	1,809
Credit card | Maximum
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	1,972	2,550
Credit card | Maximum | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	1,972	2,550
Credit card | Minimum
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	768	1,050
Credit card | Minimum | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	768	1,050
Credit card | December 31
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	1,269	1,800
Credit card | December 31 | Interest rate
Market risk management from trading positions [Line Items]
Requisite capital in light of the market risk	1,269	1,800
Securities | Average
Market risk management from trading positions [Line Items]
Value at risk	74,821	22,221
Securities | Average | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	7,563	9,939
Securities | Average | Stock price
Market risk management from trading positions [Line Items]
Value at risk	64,107	12,015
Securities | Average | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	5,992	7,140
Securities | Average | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	9,200	3,404
Securities | Maximum
Market risk management from trading positions [Line Items]
Value at risk	128,261	34,564
Securities | Maximum | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	14,314	18,090
Securities | Maximum | Stock price
Market risk management from trading positions [Line Items]
Value at risk	103,846	22,496
Securities | Maximum | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	13,798	12,604
Securities | Maximum | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	31,810	4,536
Securities | Minimum
Market risk management from trading positions [Line Items]
Value at risk	11,174	12,980
Securities | Minimum | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	3,656	7,329
Securities | Minimum | Stock price
Market risk management from trading positions [Line Items]
Value at risk	6,202	7,068
Securities | Minimum | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	154	2,760
Securities | Minimum | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	2,195	2,710
Securities | December 31
Market risk management from trading positions [Line Items]
Value at risk	81,658	21,201
Securities | December 31 | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	7,321	11,232
Securities | December 31 | Stock price
Market risk management from trading positions [Line Items]
Value at risk	43,748	10,830
Securities | December 31 | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	154	5,506
Securities | December 31 | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	31,810	3,216
Securities | December 31 | Portfolio diversification
Market risk management from trading positions [Line Items]
Value at risk	(1,375)	(9,583)
Life insurance | Average
Market risk management from trading positions [Line Items]
Value at risk	9,013	11,329
Life insurance | Average | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	2,994	3,838
Life insurance | Average | Stock price
Market risk management from trading positions [Line Items]
Value at risk	4,084	1,195
Life insurance | Average | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	1,111	1,213
Life insurance | Average | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	824	5,083
Life insurance | Maximum
Market risk management from trading positions [Line Items]
Value at risk	19,084	30,958
Life insurance | Maximum | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	6,410	16,598
Life insurance | Maximum | Stock price
Market risk management from trading positions [Line Items]
Value at risk	4,933	3,368
Life insurance | Maximum | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	2,825	3,569
Life insurance | Maximum | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	4,916	7,423
Life insurance | Minimum
Market risk management from trading positions [Line Items]
Value at risk	2,419	2,865
Life insurance | Minimum | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	260	85
Life insurance | Minimum | Stock price
Market risk management from trading positions [Line Items]
Value at risk	2,030	0
Life insurance | Minimum | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	40	3
Life insurance | Minimum | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	89	2,777
Life insurance | December 31
Market risk management from trading positions [Line Items]
Value at risk	5,544	12,759
Life insurance | December 31 | Interest rate
Market risk management from trading positions [Line Items]
Value at risk	293	3,848
Life insurance | December 31 | Stock price
Market risk management from trading positions [Line Items]
Value at risk	4,793	3,178
Life insurance | December 31 | Foreign exchange
Market risk management from trading positions [Line Items]
Value at risk	352	1,924
Life insurance | December 31 | Option volatility
Market risk management from trading positions [Line Items]
Value at risk	₩ 106	₩ 3,809

Interest rate risk management f

Interest rate risk management from non-trading positions (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017
Banking
Interest rate risk management from non-trading positions [Line Items]
Value at risk	[1]	₩ 164,393	₩ 293,355
Earning at risk	[2]	316,718	174,262
Credit card
Interest rate risk management from non-trading positions [Line Items]
Value at risk	[1]	163,804	147,932
Earning at risk	[2]	28,267	32,081
Securities
Interest rate risk management from non-trading positions [Line Items]
Value at risk	[1]	31,274	44,505
Earning at risk	[2]	112,093	108,866
Life insurance
Interest rate risk management from non-trading positions [Line Items]
Value at risk	[1]	442,008	319,689
Earning at risk	[2]	₩ 61,942	₩ 70,434
[1]	The interest rate VaR represents the maximum anticipated loss in a net asset value in one year under confidence level of 99.9% and is measured by the internal model with one year look-back period.
[2]	The interest rate EaR was calculated by the Financial Supervisory Service regulations based on the "middle of time band" and interest shocks by 200 basis points for each time bucket as recommended under the Basel Accord.

Foreign currency denominated fi

Foreign currency denominated financial assets and liabilities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
USD | Financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	₩ 33,670,657	₩ 27,312,462
USD | Cash and due from banks
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		3,589,642
USD | Cash and due from banks at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	4,797,714
USD | Trading assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		1,911,537
USD | Due from banks at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	704,195
USD | Loan receivables measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	347,966
USD | Securities at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	3,812,541
USD | Financial assets designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		884,946
USD | Derivative assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	133,197	74,083
USD | Loans at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	16,301,367
USD | Loans
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		14,967,502
USD | Securities at fair value through other comprehensive income
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	3,209,293
USD | AFS financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		2,725,039
USD | Securities at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,405,775
USD | HTM financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		1,513,025
USD | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	2,958,609	1,646,688
USD | Financial liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	30,168,398	26,370,191
USD | Deposits
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	13,333,500	12,367,273
USD | Financial liabilities measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	4,389
USD | Trading liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		2,602
USD | Financial liabilities designated at fair value through profit or loss (IFRS9)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,168,024
USD | Financial liabilities designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		983,382
USD | Derivative liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	172,556	105,141
USD | Borrowings
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	6,287,797	5,385,706
USD | Debt securities issued
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	6,517,415	4,913,896
USD | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	2,684,717	2,612,191
USD | Net asset
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	3,502,259	942,271
USD | Off-balance derivative exposure
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	(2,056,586)	130,976
USD | Net position
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,445,673	1,073,247
JPY | Financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	8,473,088	7,270,014
JPY | Cash and due from banks
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		983,260
JPY | Cash and due from banks at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,216,221
JPY | Trading assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		6,314
JPY | Due from banks at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
JPY | Loan receivables measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	3,430
JPY | Securities at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	998
JPY | Financial assets designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
JPY | Derivative assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	285	4
JPY | Loans at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	6,862,146
JPY | Loans
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		5,741,854
JPY | Securities at fair value through other comprehensive income
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	125,512
JPY | AFS financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		113,239
JPY | Securities at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	128,512
JPY | HTM financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		137,100
JPY | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	135,984	288,243
JPY | Financial liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	8,172,706	7,059,469
JPY | Deposits
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	7,217,318	6,307,142
JPY | Financial liabilities measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
JPY | Trading liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
JPY | Financial liabilities designated at fair value through profit or loss (IFRS9)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
JPY | Financial liabilities designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
JPY | Derivative liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0	195
JPY | Borrowings
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	446,102	294,000
JPY | Debt securities issued
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	317,125	249,616
JPY | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	192,161	208,516
JPY | Net asset
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	300,382	210,545
JPY | Off-balance derivative exposure
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	(157,445)	6,094
JPY | Net position
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	142,937	216,639
EUR | Financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,692,852	1,909,817
EUR | Cash and due from banks
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		324,246
EUR | Cash and due from banks at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	259,631
EUR | Trading assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		181,023
EUR | Due from banks at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
EUR | Loan receivables measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	4,127
EUR | Securities at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	81,300
EUR | Financial assets designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
EUR | Derivative assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	2,299	766
EUR | Loans at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,275,174
EUR | Loans
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		1,196,346
EUR | Securities at fair value through other comprehensive income
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
EUR | AFS financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		52,583
EUR | Securities at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
EUR | HTM financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
EUR | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	70,321	154,853
EUR | Financial liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,429,296	1,232,196
EUR | Deposits
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	727,291	759,380
EUR | Financial liabilities measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
EUR | Trading liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
EUR | Financial liabilities designated at fair value through profit or loss (IFRS9)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
EUR | Financial liabilities designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
EUR | Derivative liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,914	631
EUR | Borrowings
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	280,949	231,539
EUR | Debt securities issued
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	293,708	31,981
EUR | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	125,434	208,665
EUR | Net asset
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	263,556	677,621
EUR | Off-balance derivative exposure
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	(217,232)	(586,904)
EUR | Net position
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	46,324	90,717
CNY | Financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	5,942,184	5,605,421
CNY | Cash and due from banks
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		1,940,542
CNY | Cash and due from banks at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,595,799
CNY | Trading assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
CNY | Due from banks at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
CNY | Loan receivables measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
CNY | Securities at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
CNY | Financial assets designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
CNY | Derivative assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	406	203
CNY | Loans at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	3,496,937
CNY | Loans
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		2,774,264
CNY | Securities at fair value through other comprehensive income
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	357,682
CNY | AFS financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		395,150
CNY | Securities at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	34,955
CNY | HTM financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		37,096
CNY | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	456,405	458,166
CNY | Financial liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	5,536,419	5,370,223
CNY | Deposits
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	4,565,067	4,289,224
CNY | Financial liabilities measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
CNY | Trading liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
CNY | Financial liabilities designated at fair value through profit or loss (IFRS9)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
CNY | Financial liabilities designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
CNY | Derivative liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	2,089	4,734
CNY | Borrowings
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	395,719	407,678
CNY | Debt securities issued
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0	196,380
CNY | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	573,544	472,207
CNY | Net asset
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	405,765	235,198
CNY | Off-balance derivative exposure
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	(34,986)	80,183
CNY | Net position
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	370,779	315,381
Other | Financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	10,177,008	8,904,179
Other | Cash and due from banks
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		1,652,631
Other | Cash and due from banks at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,654,668
Other | Trading assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		233,924
Other | Due from banks at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
Other | Loan receivables measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
Other | Securities at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	313,750
Other | Financial assets designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		197
Other | Derivative assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	11,875	1,455
Other | Loans at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	5,934,670
Other | Loans
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		5,059,707
Other | Securities at fair value through other comprehensive income
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	728,456
Other | AFS financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		666,486
Other | Securities at amortized cost
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,175,733
Other | HTM financial assets
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		1,000,064
Other | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	357,856	289,715
Other | Financial liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	8,134,620	6,731,575
Other | Deposits
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	5,232,529	4,930,479
Other | Financial liabilities measured at FVTPL
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	458,934
Other | Trading liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		434,586
Other | Financial liabilities designated at fair value through profit or loss (IFRS9)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	0
Other | Financial liabilities designated at FVTPL(IAS39)
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk		0
Other | Derivative liabilities
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	4,892	713
Other | Borrowings
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	173,731	68,988
Other | Debt securities issued
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	1,715,780	1,018,628
Other | Others
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	548,754	278,181
Other | Net asset
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	2,042,388	2,172,604
Other | Off-balance derivative exposure
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	(164,797)	(623,648)
Other | Net position
Foreign currency denominated financial assets and liabilities [Line Items]
Foreign exchange risk	₩ 1,877,591	₩ 1,548,956

Maturity analysis for financial

Maturity analysis for financial assets held for managing liquidity risk (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	₩ 489,102,101	₩ 448,209,095
Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		22,738,482
Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	17,408,710
Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		28,472,987
Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	876,709
Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	1,229,938
Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	41,448,653
Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		3,579,204
Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		306,856,061
Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	336,320,992
AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		42,124,670
Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	38,320,353
HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		32,286,741
Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	36,599,579
Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	16,897,167	12,150,950
Less than 1 month | Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	138,082,874	127,438,442
Less than 1 month | Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		19,576,010
Less than 1 month | Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	14,451,366
Less than 1 month | Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		27,327,076
Less than 1 month | Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	115,476
Less than 1 month | Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	290,724
Less than 1 month | Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	36,043,891
Less than 1 month | Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		2,819,112
Less than 1 month | Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		29,831,671
Less than 1 month | Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	34,025,588
Less than 1 month | AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		37,273,740
Less than 1 month | Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	37,519,813
Less than 1 month | HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		153,833
Less than 1 month | Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	505,417
Less than 1 month | Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	15,130,599	10,457,000
1~3 months | Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	37,008,039	36,252,917
1~3 months | Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		868,907
1~3 months | Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	796,510
1~3 months | Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		627,936
1~3 months | Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	131,712
1~3 months | Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	388,218
1~3 months | Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	41,287
1~3 months | Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		35,001
1~3 months | Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		34,176,546
1~3 months | Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	34,254,065
1~3 months | AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		352,098
1~3 months | Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	12,093
1~3 months | HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		178,514
1~3 months | Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	1,378,525
1~3 months | Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	5,629	13,915
3~6 months | Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	47,158,677	44,756,874
3~6 months | Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		945,027
3~6 months | Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	905,259
3~6 months | Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		247,905
3~6 months | Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	518,109
3~6 months | Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	42,550
3~6 months | Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	35,677
3~6 months | Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		91,487
3~6 months | Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		43,120,328
3~6 months | Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	45,151,571
3~6 months | AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		20,013
3~6 months | Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	5,145
3~6 months | HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		309,115
3~6 months | Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	481,193
3~6 months | Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	19,173	22,999
6 months ~ 1 year | Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	72,871,168	69,407,486
6 months ~ 1 year | Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		1,290,451
6 months ~ 1 year | Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	1,196,790
6 months ~ 1 year | Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		54,631
6 months ~ 1 year | Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	105,359
6 months ~ 1 year | Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	201,591
6 months ~ 1 year | Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	403,849
6 months ~ 1 year | Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		20,097
6 months ~ 1 year | Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		63,496,597
6 months ~ 1 year | Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	68,239,781
6 months ~ 1 year | AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		2,472,184
6 months ~ 1 year | Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	20,291
6 months ~ 1 year | HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		1,672,095
6 months ~ 1 year | Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	2,270,447
6 months ~ 1 year | Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	433,060	401,431
1~5 years | Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	105,013,162	93,382,590
1~5 years | Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		8,320
1~5 years | Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	1,526
1~5 years | Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		183,577
1~5 years | Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	6,053
1~5 years | Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	257,873
1~5 years | Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	1,572,268
1~5 years | Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		364,898
1~5 years | Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		76,247,244
1~5 years | Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	87,760,434
1~5 years | AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		408,106
1~5 years | Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	255,091
1~5 years | HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		15,018,937
1~5 years | Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	15,067,164
1~5 years | Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	92,753	1,151,508
More than 5 years | Financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	88,968,181	76,970,786
More than 5 years | Cash and due from banks
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		49,767
More than 5 years | Cash and due from banks at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	57,259
More than 5 years | Trading assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		31,862
More than 5 years | Due from banks at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	0
More than 5 years | Loan receivables measured at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	48,982
More than 5 years | Securities at FVTPL
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	3,351,681
More than 5 years | Financial assets designated at FVTPL(IAS39)
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		248,609
More than 5 years | Loans
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		59,983,675
More than 5 years | Loans at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	66,889,553
More than 5 years | AFS financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		1,598,529
More than 5 years | Securities at fair value through other comprehensive income
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	507,920
More than 5 years | HTM financial assets
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows		14,954,247
More than 5 years | Securities at amortized cost
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	16,896,833
More than 5 years | Others
Disclosure of maturity analysis for financial assets held for managing liquidity risk [Line Items]
Non-derivative financial assets, undiscounted cash flows	₩ 1,215,953	₩ 104,097

Maturity analysis for non-deriv

Maturity analysis for non-derivative financial liabilities and off balance (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	₩ 396,725,283	₩ 367,738,041
Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	269,256,885	254,642,501
Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		1,848,490
Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	1,423,499
Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		8,297,855
Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	8,535,800
Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	30,002,199	27,812,741
Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	67,299,620	54,810,441
Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	20,207,280	20,326,013
Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	170,912,416	143,943,174
Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	4,413,874	3,267,707
Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	166,498,542	140,675,467
Less than 1 month | Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	161,646,904	170,002,744
Less than 1 month | Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	123,166,403	130,916,019
Less than 1 month | Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		1,848,490
Less than 1 month | Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	1,402,726
Less than 1 month | Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		303,065
Less than 1 month | Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	332,249
Less than 1 month | Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	13,542,317	15,286,424
Less than 1 month | Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	3,779,407	2,261,028
Less than 1 month | Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	19,423,802	19,387,718
Less than 1 month | Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	170,912,416	143,943,174
Less than 1 month | Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	4,413,874	3,267,707
Less than 1 month | Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	166,498,542	140,675,467
1~3 months | Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	33,376,854	28,354,071
1~3 months | Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	24,736,962	21,725,284
1~3 months | Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		0
1~3 months | Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	193
1~3 months | Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		324,807
1~3 months | Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	303,996
1~3 months | Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	2,879,693	2,543,847
1~3 months | Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	5,433,266	3,717,185
1~3 months | Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	22,744	42,948
1~3 months | Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
1~3 months | Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
1~3 months | Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
3~6 months | Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	42,220,043	37,476,826
3~6 months | Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	34,096,334	31,482,983
3~6 months | Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		0
3~6 months | Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	53
3~6 months | Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		548,868
3~6 months | Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	171,927
3~6 months | Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	2,207,560	1,655,662
3~6 months | Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	5,633,286	3,651,503
3~6 months | Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	110,883	137,810
3~6 months | Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
3~6 months | Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
3~6 months | Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
6 months ~ 1 year | Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	70,712,125	67,080,598
6 months ~ 1 year | Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	56,060,670	52,440,287
6 months ~ 1 year | Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		0
6 months ~ 1 year | Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	10,403
6 months ~ 1 year | Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		916,388
6 months ~ 1 year | Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	1,061,443
6 months ~ 1 year | Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	2,965,132	2,823,721
6 months ~ 1 year | Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	10,468,221	10,565,098
6 months ~ 1 year | Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	146,256	335,104
6 months ~ 1 year | Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
6 months ~ 1 year | Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
6 months ~ 1 year | Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
1~5 years | Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	76,860,079	55,657,014
1~5 years | Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	28,316,319	16,137,734
1~5 years | Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		0
1~5 years | Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	10,124
1~5 years | Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		5,106,209
1~5 years | Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	5,552,824
1~5 years | Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	5,854,335	3,658,670
1~5 years | Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	36,694,200	30,391,156
1~5 years | Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	432,277	363,245
1~5 years | Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
1~5 years | Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
1~5 years | Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
More than 5 years | Financial liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	11,909,278	9,166,788
More than 5 years | Deposits
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	2,880,197	1,940,194
More than 5 years | Trading liabilities
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		0
More than 5 years | Financial liabilities at fair value through profit or loss
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	0
More than 5 years | Financial liabilities designated at FVTPL(IAS39)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows		1,098,518
More than 5 years | Financial liabilities designated at fair value through profit or loss (IFRS9)
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	1,113,361
More than 5 years | Borrowings
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	2,553,162	1,844,417
More than 5 years | Debt securities issued
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	5,291,240	4,224,471
More than 5 years | Others
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Non-derivative financial liabilities, undiscounted cash flows	71,318	59,188
More than 5 years | Off balance [Member]
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
More than 5 years | Financial guarantee contracts
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	0	0
More than 5 years | Loan commitments and other
Disclosure of maturity analysis for non-derivative financial liabilities and off balance [Line Items]
Off-balance, undiscounted cash flows	₩ 0	₩ 0

Maturity analysis for derivativ

Maturity analysis for derivatives (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	₩ (538,977)	₩ 1,065,707
In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	17,881,946	9,593,477
Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(18,420,923)	(8,527,770)
Less than 1 month
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(451,926)	410,815
Less than 1 month | In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	2,402,504	3,735,274
Less than 1 month | Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(2,854,430)	(3,324,459)
1~3 months
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(5,741)	291,917
1~3 months | In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	585,267	790,313
1~3 months | Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(591,008)	(498,396)
3~6 months
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(26,570)	101,772
3~6 months | In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	814,009	829,659
3~6 months | Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(840,579)	(727,887)
6 months ~ 1 year
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(6,552)	89,071
6 months ~ 1 year | In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	1,110,368	1,411,010
6 months ~ 1 year | Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(1,116,920)	(1,321,939)
1~5 years
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(37,532)	89,817
1~5 years | In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	6,223,707	2,684,189
1~5 years | Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(6,261,239)	(2,594,372)
More than 5 years
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	(10,656)	82,315
More than 5 years | In flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	6,746,091	143,032
More than 5 years | Out flows
Disclosure of maturity analysis for derivatives [Line Items]
Derivative financial instruments, undiscounted cash flows	₩ (6,756,747)	₩ (60,717)

Fair Value measurement of finan

Fair Value measurement of financial assets measured at fair value (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	₩ 83,642,549	₩ 77,560,468
Trading assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		23,640,646
Trading assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		4,634,353
Trading assets | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		189,297
Due from banks at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	870,656
Loan receivables measured at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	1,209,194
Financial assets at fair value through profit or loss | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	40,134,965
Financial assets at fair value through profit or loss | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	1,165,070
Financial assets at fair value through profit or loss | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	154,881
Financial assets designated at FVTPL(IAS39) | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		2,344,701
Financial assets designated at FVTPL(IAS39) | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		1,234,356
Derivative assets | Trading purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	1,727,321	3,280,775
Derivative assets | Hedging purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	66,292	119,403
Available-for-sale financial assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		37,186,552
Available-for-sale financial assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		4,930,385
Securities at fair value through other comprehensive income | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	37,677,645
Securities at fair value through other comprehensive income | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	636,525
Level 1
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	16,498,146	18,963,385
Level 1 | Trading assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		5,897,898
Level 1 | Trading assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		1,350,888
Level 1 | Trading assets | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		189,297
Level 1 | Due from banks at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	0
Level 1 | Loan receivables measured at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	0
Level 1 | Financial assets at fair value through profit or loss | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	5,084,767
Level 1 | Financial assets at fair value through profit or loss | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	528,113
Level 1 | Financial assets at fair value through profit or loss | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	154,881
Level 1 | Financial assets designated at FVTPL(IAS39) | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		569,259
Level 1 | Financial assets designated at FVTPL(IAS39) | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		3,475
Level 1 | Derivative assets | Trading purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	62,275	31,858
Level 1 | Derivative assets | Hedging purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	0	0
Level 1 | Available-for-sale financial assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		10,493,483
Level 1 | Available-for-sale financial assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		427,227
Level 1 | Securities at fair value through other comprehensive income | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	10,532,244
Level 1 | Securities at fair value through other comprehensive income | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	135,866
Level 2
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	59,350,470	52,781,969
Level 2 | Trading assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		17,479,033
Level 2 | Trading assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		2,872,437
Level 2 | Trading assets | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		0
Level 2 | Due from banks at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	57,236
Level 2 | Loan receivables measured at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	891,636
Level 2 | Financial assets at fair value through profit or loss | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	29,552,429
Level 2 | Financial assets at fair value through profit or loss | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	143,139
Level 2 | Financial assets at fair value through profit or loss | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	0
Level 2 | Financial assets designated at FVTPL(IAS39) | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		1,509,023
Level 2 | Financial assets designated at FVTPL(IAS39) | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		948,705
Level 2 | Derivative assets | Trading purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	1,548,769	2,955,377
Level 2 | Derivative assets | Hedging purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	61,706	117,603
Level 2 | Available-for-sale financial assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		26,286,175
Level 2 | Available-for-sale financial assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		613,616
Level 2 | Securities at fair value through other comprehensive income | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	27,095,555
Level 2 | Securities at fair value through other comprehensive income | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	0
Level 3
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	7,793,933	5,815,114
Level 3 | Trading assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		263,715
Level 3 | Trading assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		411,028
Level 3 | Trading assets | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		0
Level 3 | Due from banks at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	813,420
Level 3 | Loan receivables measured at FVTPL
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	317,558
Level 3 | Financial assets at fair value through profit or loss | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	5,497,769
Level 3 | Financial assets at fair value through profit or loss | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	493,818
Level 3 | Financial assets at fair value through profit or loss | Gold deposits
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	0
Level 3 | Financial assets designated at FVTPL(IAS39) | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		266,419
Level 3 | Financial assets designated at FVTPL(IAS39) | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		282,176
Level 3 | Derivative assets | Trading purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	116,277	293,540
Level 3 | Derivative assets | Hedging purpose
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	4,586	1,800
Level 3 | Available-for-sale financial assets | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		406,894
Level 3 | Available-for-sale financial assets | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value		₩ 3,889,542
Level 3 | Securities at fair value through other comprehensive income | Debt securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	49,846
Level 3 | Securities at fair value through other comprehensive income | Equity securities
Fair Value measurement of financial assets measured at fair value [Line Items]
Carrying value	₩ 500,659

Fair Value measurement of fin_2

Fair Value measurement of financial liabilities measured at fair value (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	₩ 12,395,998	₩ 13,633,760
Trading liabilities | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		1,413,904
Trading liabilities | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		434,586
Financial liabilities measured at FVTPL | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	961,372
Financial liabilities measured at FVTPL | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	458,934
Financial liabilities designated at FVTPL(IAS39) | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		36,973
Financial liabilities designated at FVTPL(IAS39) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		8,260,636
Financial liabilities designated at fair value through profit or loss (IFRS9) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	8,535,800
Derivative liabilities | Trading purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	1,846,670	2,804,834
Derivative liabilities | Hedging purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	593,222	682,827
Level 1
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	1,536,466	1,906,201
Level 1 | Trading liabilities | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		1,413,904
Level 1 | Trading liabilities | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		434,586
Level 1 | Financial liabilities measured at FVTPL | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	961,372
Level 1 | Financial liabilities measured at FVTPL | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	458,934
Level 1 | Financial liabilities designated at FVTPL(IAS39) | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		36,973
Level 1 | Financial liabilities designated at FVTPL(IAS39) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 1 | Financial liabilities designated at fair value through profit or loss (IFRS9) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	0
Level 1 | Derivative liabilities | Trading purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	116,160	20,738
Level 1 | Derivative liabilities | Hedging purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	0	0
Level 2
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	3,378,710	3,950,796
Level 2 | Trading liabilities | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 2 | Trading liabilities | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 2 | Financial liabilities measured at FVTPL | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	0
Level 2 | Financial liabilities measured at FVTPL | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	0
Level 2 | Financial liabilities designated at FVTPL(IAS39) | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 2 | Financial liabilities designated at FVTPL(IAS39) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		986,882
Level 2 | Financial liabilities designated at fair value through profit or loss (IFRS9) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	1,702,063
Level 2 | Derivative liabilities | Trading purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	1,444,545	2,706,249
Level 2 | Derivative liabilities | Hedging purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	232,102	257,665
Level 3
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	7,480,822	7,776,763
Level 3 | Trading liabilities | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 3 | Trading liabilities | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 3 | Financial liabilities measured at FVTPL | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	0
Level 3 | Financial liabilities measured at FVTPL | Gold deposits
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	0
Level 3 | Financial liabilities designated at FVTPL(IAS39) | Securities sold
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		0
Level 3 | Financial liabilities designated at FVTPL(IAS39) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value		7,273,754
Level 3 | Financial liabilities designated at fair value through profit or loss (IFRS9) | Derivatives-combined securities
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	6,833,737
Level 3 | Derivative liabilities | Trading purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	285,965	77,847
Level 3 | Derivative liabilities | Hedging purpose
Fair Value measurement of financial liabilities measured at fair value [Line Items]
Carrying value	₩ 361,120	₩ 425,162

Changes in carrying values of f

Changes in carrying values of financial instruments classified as Level 3 (Details) - Level 3 - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Recognized in profit (loss) for the year	₩ 248,516	₩ (448,098)
Trading assets
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	674,743	82,477
Recognized in profit (loss) for the year		41,127
Recognized in other comprehensive income (loss) for the year		0
Purchase		589,144
Issue		0
Settlement		(139,562)
Transfer in		101,557
Transfer out		0
Ending balance		674,743
Financial assets at fair value through profit or loss
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	5,831,369
Recognized in profit (loss) for the year	359,160
Recognized in other comprehensive income (loss) for the year	0
Purchase	2,143,853
Issue	0
Settlement	(1,212,202)
Transfer in	1,370
Transfer out	(985)
Ending balance	7,122,565	5,831,369
Financial assets designated at FVTPL(IAS39)
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	548,595	614,039
Recognized in profit (loss) for the year		(9,202)
Recognized in other comprehensive income (loss) for the year		0
Purchase		210,856
Issue		0
Settlement		(267,098)
Transfer in		0
Transfer out		0
Ending balance		548,595
Financial assets designated at fair value through profit or loss(IFRS9)
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	152,091
Recognized in profit (loss) for the year	3,390
Recognized in other comprehensive income (loss) for the year	0
Purchase	0
Issue	0
Settlement	(155,481)
Transfer in	0
Transfer out	0
Ending balance	0	152,091
Available-for-sale financial assets
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	4,296,436	3,883,441
Recognized in profit (loss) for the year		(200,701)
Recognized in other comprehensive income (loss) for the year		(3,149)
Purchase		1,150,904
Issue		0
Settlement		(565,146)
Transfer in		31,087
Transfer out		0
Ending balance		4,296,436
Securities at fair value through other comprehensive income
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	621,207
Recognized in profit (loss) for the year	4,692
Recognized in other comprehensive income (loss) for the year	29,388
Purchase	2,510
Issue	0
Settlement	(107,292)
Transfer in	0
Transfer out	0
Ending balance	550,505	621,207
Derivative assets and liabilities, net(IAS39)
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	(207,669)	(492,136)
Recognized in profit (loss) for the year		634,438
Recognized in other comprehensive income (loss) for the year		0
Purchase		29,333
Issue		4,541
Settlement		(383,873)
Transfer in		28
Transfer out		0
Ending balance		(207,669)
Derivative assets and liabilities, net
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	(250,662)
Recognized in profit (loss) for the year	(128,816)
Recognized in other comprehensive income (loss) for the year	0
Purchase	2,236
Issue	0
Settlement	(148,987)
Transfer in	6
Transfer out	0
Ending balance	(526,223)	(250,662)
Financial liabilities designated at FVTPL(IAS39)
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	(7,273,754)	(7,574,327)
Recognized in profit (loss) for the year		(913,760)
Recognized in other comprehensive income (loss) for the year		0
Purchase		0
Issue		(8,710,656)
Settlement		9,924,989
Transfer in		0
Transfer out		0
Ending balance		(7,273,754)
Financial liabilities designated at fair value through profit or loss (IFRS9)
Changes in carrying values of financial instruments classified as Level 3 [Line Items]
Beginning balance	(7,273,754)
Recognized in profit (loss) for the year	10,090
Recognized in other comprehensive income (loss) for the year	235
Purchase	0
Issue	(7,127,670)
Settlement	7,557,362
Ending balance	₩ (6,833,737)	₩ (7,273,754)

Recognized profit or loss of th

Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 (Details) - Level 3 - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss	₩ 248,516	₩ (448,098)
Recognized profit or loss from the financial instruments held as of December 31	434,799	(403,375)
Trading income
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss		843,657
Recognized profit or loss from the financial instruments held as of December 31		121,643
Gain (loss) on financial assets at fair value through profit or loss
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss	179,658
Recognized profit or loss from the financial instruments held as of December 31	(14,586)
Gain (loss) on financial instruments designated at FVTPL
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss		(922,962)
Recognized profit or loss from the financial instruments held as of December 31		(129,654)
Gain (loss) on financial assets designated at fair value through profit or loss
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss	10,090
Recognized profit or loss from the financial instruments held as of December 31	392,096
Gain (loss) on disposal of available-for-sale financial assets
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss		17,193
Recognized profit or loss from the financial instruments held as of December 31		977
Gain (loss) on securities at fair value through other comprehensive income
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss	2,575
Recognized profit or loss from the financial instruments held as of December 31	0
Impairment losses on financial assets
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss		(180,206)
Recognized profit or loss from the financial instruments held as of December 31		(180,206)
Provision for credit loss allowance
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss	17
Recognized profit or loss from the financial instruments held as of December 31	(28)
Other operating income (expenses)
Recognized profit or loss of the changes in carrying value of financial instruments classified as Level 3 [Line Items]
Amounts recognized in profit or loss	56,176	(205,780)
Recognized profit or loss from the financial instruments held as of December 31	₩ 57,317	₩ (216,135)

Valuation techniques and inputs

Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Level 2
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 59,350,470
Level 2 | Financial assets at fair value through profit or loss
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 30,644,440
Level 2 | Financial assets at fair value through profit or loss | Debt securities
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	DCF
Carrying value	₩ 30,501,301
Significant unobservable inputs and range	Discount rate
Level 2 | Financial assets at fair value through profit or loss | Equity securities
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	NAV
Carrying value	₩ 143,139
Significant unobservable inputs and range	Price of underlying assets
Level 2 | Derivative assets
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 1,610,475
Level 2 | Derivative assets | Trading purpose
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	Option model, DCF
Carrying value	₩ 1,548,769
Significant unobservable inputs and range	Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc.
Level 2 | Derivative assets | Hedging purpose
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	Option model, DCF
Carrying value	₩ 61,706
Significant unobservable inputs and range	Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc.
Level 2 | Securities at fair value through other comprehensive income
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	DCF
Carrying value	₩ 27,095,555
Significant unobservable inputs and range	Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc.
Level 3
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 7,793,933
Level 3 | Financial assets at fair value through profit or loss
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 7,122,565
Level 3 | Financial assets at fair value through profit or loss | Debt securities
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	DCF, Option model
Carrying value	₩ 6,628,747
Significant unobservable inputs and range	The volatility of the underlying asset(16.39%~42.56%) Correlations(1.26%~39.45%)
Level 3 | Financial assets at fair value through profit or loss | Equity securities
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	DCF, NAV
Carrying value	₩ 493,818
Significant unobservable inputs and range	The volatility of the underlying asset(5.80%~41.00%) Correlations(0.00%~74.00%)
Level 3 | Derivative assets
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 120,863
Level 3 | Derivative assets | Equity and foreign exchange related
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 43,183
Significant unobservable inputs and range	The volatility of the underlying asset(2.20%~38.00%) Correlations(12.00%~82.00%)
Level 3 | Derivative assets | Interest rates related
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 44,848
Significant unobservable inputs and range	The volatility of the underlying asset(0.00%~1.00%) Regression coefficient(0.42%~1.65%) Correlations(44.93%~91.00%)
Level 3 | Derivative assets | Credit and commodity related
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 32,832
Significant unobservable inputs and range	The volatility of the underlying asset(1.00%~33.00%) Correlations(33.00%~67.00%)
Level 3 | Securities at fair value through other comprehensive income
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Carrying value	₩ 550,505
Level 3 | Securities at fair value through other comprehensive income | Debt securities
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	DCF
Carrying value	₩ 49,846
Significant unobservable inputs and range	Discount rate(8.43%~17.40%)
Level 3 | Securities at fair value through other comprehensive income | Equity securities
Valuation techniques and inputs used in measuring the fair value of financial assets classified as level 2 & 3 [Line Items]
Valuation technique	NAV
Carrying value	₩ 500,659
Significant unobservable inputs and range	Growth rate(0.00%~3.00%)

Valuation techniques and inpu_2

Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Level 2
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Carrying value	₩ 3,378,710
Level 2 | Financial liabilities designated at fair value through profit or loss (IFRS9)
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	DCF
Carrying value	₩ 1,702,063
Significant unobservable inputs and range	Discount rate
Level 2 | Derivative liabilities
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Carrying value	₩ 1,676,647
Level 2 | Derivative liabilities | Trading purpose
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	Option model, DCF
Carrying value	₩ 1,444,545
Significant unobservable inputs and range	Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc.
Level 2 | Derivative liabilities | Hedging purpose
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	Option model, DCF
Carrying value	₩ 232,102
Significant unobservable inputs and range	Discount rate, foreign exchange rate, volatility, stock price, commodity index, etc.
Level 3
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Carrying value	₩ 7,480,822
Level 3 | Financial liabilities designated at fair value through profit or loss (IFRS9)
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 6,833,737
Significant unobservable inputs and range	The volatility of the underlying asset(0.00%~107.00%) Correlations(-42.00%~93%)
Level 3 | Derivative liabilities
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Carrying value	₩ 647,085
Level 3 | Derivative liabilities | Equity and foreign exchange related
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 199,504
Significant unobservable inputs and range	The volatility of the underlying asset(2.20%~98.00%) Correlations(-3.00%~82.00%)
Level 3 | Derivative liabilities | Interest rates related
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 374,976
Significant unobservable inputs and range	The volatility of the underlying asset(0.00%~33.00%) Regression coefficient(0.42%~2.77%) Correlations(28.15%~91.00%)
Level 3 | Derivative liabilities | Credit and commodity related
Valuation techniques and inputs used in measuring the fair value of financial liabilities classified as level 2 & 3 [Line Items]
Valuation technique	Option model
Carrying value	₩ 72,605
Significant unobservable inputs and range	The volatility of the underlying asset(1.00%~107.00%) Correlations(-20.00%~93.00%)

Sensitivity analysis for fair v

Sensitivity analysis for fair value measurements in Level 3 (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Financial assets
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets	₩ 97,760	₩ 73,154
Unfavorable Changes - Financial Assets	(65,094)	(58,265)
Financial liabilities
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Liabilities	216,150	104,833
Unfavorable Changes - Financial Liabilities	(219,428)	(90,097)
Effects on profit or loss for the period | Financial assets
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets	73,875	33,694
Unfavorable Changes - Financial Assets	(47,863)	(32,760)
Effects on profit or loss for the period | Trading assets
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets		2,792
Unfavorable Changes - Financial Assets		(2,742)
Effects on profit or loss for the period | Financial assets at fair value through profit or loss
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets	45,760
Unfavorable Changes - Financial Assets	(20,662)
Effects on profit or loss for the period | Financial assets designated at FVTPL(IAS39)
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets		1,843
Unfavorable Changes - Financial Assets		(1,941)
Effects on profit or loss for the period | Derivative assets
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets	28,115	29,059
Unfavorable Changes - Financial Assets	(27,201)	(28,077)
Effects on profit or loss for the period | Financial liabilities designated at FVTPL(IAS39)
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Liabilities		72,063
Unfavorable Changes - Financial Liabilities		(56,754)
Effects on profit or loss for the period | Financial liabilities designated at fair value through profit or loss (IFRS9)
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Liabilities	112,212
Unfavorable Changes - Financial Liabilities	(131,080)
Effects on profit or loss for the period | Derivative liabilities
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Liabilities	103,938	32,770
Unfavorable Changes - Financial Liabilities	(88,348)	(33,343)
Effects on other comprehensive income for the period | Available-for-sale financial assets
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets		39,460
Unfavorable Changes - Financial Assets		₩ (25,505)
Effects on other comprehensive income for the period | Securities at fair value through other comprehensive income
Sensitivity analysis for fair value measurements in Level 3 [Line Items]
Favorable Changes - Financial Assets	23,885
Unfavorable Changes - Financial Assets	₩ (17,231)

Carrying value and the fair val

Carrying value and the fair value of financial instruments measured at amortized cost (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Assets:
Loans		₩ 275,565,766
Loans at amortized cost	₩ 299,609,472
Held-to-maturity financial assets		24,990,680
Other financial assets	16,837,141	12,041,304
Liabilities:
Deposits	265,000,190	249,419,224
Borrowings	29,818,542	27,586,610
Debt securities issued	63,227,699	51,340,821
Other financial liabilities	20,545,181	20,205,312
Carrying value
Assets:
Deposits at amortized cost	14,471,988
Loans		275,565,766
Loans at amortized cost	299,609,472
Held-to-maturity financial assets		24,990,680
Securities at amortized cost	28,478,136
Other financial assets	16,837,141	12,041,304
Financial assets at amortized cost, Total	359,396,737	312,597,750
Liabilities:
Deposits	265,000,190	249,419,224
Borrowings	29,818,542	27,586,610
Debt securities issued	63,227,699	51,340,821
Other financial liabilities	20,545,181	20,205,312
Financial liabilities at amortized cost, Total	378,591,612	348,551,967
Fair value
Assets:
Deposits at amortized cost	14,471,920
Loans		275,988,557
Loans at amortized cost	302,089,329
Held-to-maturity financial assets		25,390,335
Securities at amortized cost	29,676,691
Other financial assets	16,859,986	12,038,310
Financial assets at amortized cost, Total	363,097,926	313,417,202
Liabilities:
Deposits	264,986,928	249,333,154
Borrowings	29,898,645	27,596,841
Debt securities issued	63,506,309	51,277,693
Other financial liabilities	20,233,920	20,179,542
Financial liabilities at amortized cost, Total	378,625,802	348,387,230
Level 1
Assets:
Deposits at amortized cost	3,105,588
Loans		3,065
Loans at amortized cost	590
Held-to-maturity financial assets		7,851,134
Securities at amortized cost	8,607,060
Other financial assets	74,625	79,889
Financial assets at amortized cost, Total	11,787,863	7,934,088
Liabilities:
Deposits	2,801,700	2,922,841
Borrowings	5,708,217	5,958,846
Debt securities issued	0	0
Other financial liabilities	74,638	84,665
Financial liabilities at amortized cost, Total	8,584,555	8,966,352
Level 2
Assets:
Deposits at amortized cost	10,587,086
Loans		845,567
Loans at amortized cost	2,498,193
Held-to-maturity financial assets		17,539,201
Securities at amortized cost	20,986,587
Other financial assets	11,606,369	6,832,567
Financial assets at amortized cost, Total	45,678,235	25,217,335
Liabilities:
Deposits	109,083,014	105,939,876
Borrowings	1,084,036	566,718
Debt securities issued	41,894,406	33,622,407
Other financial liabilities	6,630,725	5,642,143
Financial liabilities at amortized cost, Total	158,692,181	145,771,144
Level 3
Assets:
Deposits at amortized cost	779,246
Loans		275,139,925
Loans at amortized cost	299,590,546
Held-to-maturity financial assets		0
Securities at amortized cost	83,044
Other financial assets	5,178,992	5,125,854
Financial assets at amortized cost, Total	305,631,828	280,265,779
Liabilities:
Deposits	153,102,214	140,470,437
Borrowings	23,106,392	21,071,277
Debt securities issued	21,611,903	17,655,286
Other financial liabilities	13,528,557	14,452,734
Financial liabilities at amortized cost, Total	₩ 211,349,066	₩ 193,649,734

Information on valuation techni

Information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Level 2 | Financial assets
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 45,678,235	₩ 25,217,335
Level 2 | Due from banks at amortized cost
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 10,587,086
Valuation technique	DCF
Significant inputs	Discount rate
Level 2 | Loans at amortized cost
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 2,498,193
Valuation technique	DCF
Significant inputs	Discount rate, credit spread, prepayment rate
Level 2 | Securities at amortized cost
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 20,986,587
Valuation technique	DCF
Significant inputs	Discount rate
Level 2 | Loans
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value		₩ 845,567
Valuation technique		DCF
Significant inputs		Discount rate, credit spread, prepayment rate
Level 2 | HTM financial assets
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value		₩ 17,539,201
Valuation technique		DCF
Significant inputs		Discount rate
Level 2 | Others
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 11,606,369	₩ 6,832,567
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 2 | Financial liabilities
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 158,692,181	₩ 145,771,144
Level 2 | Deposits
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 109,083,014	₩ 105,939,876
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 2 | Borrowings
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 1,084,036	₩ 566,718
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 2 | Debt securities
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 41,894,406	₩ 33,622,407
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 2 | Others
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 6,630,725	₩ 5,642,143
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 3 | Financial assets
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 305,631,828	₩ 280,265,779
Level 3 | Due from banks at amortized cost
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 779,246
Valuation technique	DCF
Significant inputs	Discount rate
Level 3 | Loans at amortized cost
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 299,590,546
Valuation technique	DCF
Significant inputs	Discount rate, credit spread, prepayment rate
Level 3 | Securities at amortized cost
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 83,044
Valuation technique	DCF
Significant inputs	Discount rate
Level 3 | Loans
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value		₩ 275,139,925
Valuation technique		DCF
Significant inputs		Discount rate
Level 3 | Others
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 5,178,992	₩ 5,125,854
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 3 | Financial liabilities
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 211,349,066	₩ 193,649,734
Level 3 | Deposits
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 153,102,214	₩ 140,470,437
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 3 | Borrowings
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 23,106,392	₩ 21,071,277
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate
Level 3 | Debt securities
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 21,611,903	₩ 17,655,286
Valuation technique	DCF	DCF
Significant inputs	Discount rate, regression coefficient, correlation coefficient	Discount rate, regression coefficient, correlation coefficient
Level 3 | Others
Financial instruments not measured at fair value but for which the fair value is disclosed, information on valuation technique and inputs used in measuring fair value of financial instruments classified as level 2 or level 3 [Line Items]
Fair value	₩ 13,528,557	₩ 14,452,734
Valuation technique	DCF	DCF
Significant inputs	Discount rate	Discount rate

Changes in the difference betwe

Changes in the difference between the fair value at initial recognition and the value using models with unobservable inputs (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in the difference between the fair value at initial recognition and the value using models with unobservable inputs [Abstract]
Beginning balance	₩ (132,464)	₩ (89,695)
Beginning balance(adjusted)	(137,393)
Deferral on new transactions	(91,625)	(108,832)
Recognized in profit for the year	102,907	66,063
Ending balance	₩ (126,111)	₩ (132,464)

Classification by categories of

Classification by categories of financial assets (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Classification by categories of financial assets [Line Items]
Cash and due from banks at Amortized cost	₩ 17,348,626
Cash and due from banks		₩ 22,668,598
Due from banks at fair value through profit or loss	870,656
Securities at fair value through profit or loss	41,454,916
Loans at fair value through profit or loss	1,209,194
Trading assets		28,464,296
Financial assets designated at fair value through profit or loss		3,579,057
Derivative assets	1,793,613	3,400,178
Loans at amortized cost	299,609,472
Loans		275,565,766
Securities at fair value through other comprehensive income	38,314,170
Available-for-sale financial assets		42,116,937
Securities at amortized cost	28,478,136
Held-to-maturity financial assets		24,990,680
Other	16,837,141	12,041,304
Financial assets, Total	445,915,924	412,826,816
Financial assets at fair value through profit or loss
Classification by categories of financial assets [Line Items]
Cash and due from banks at Amortized cost	0
Due from banks at fair value through profit or loss	870,656
Securities at fair value through profit or loss	41,454,916
Loans at fair value through profit or loss	1,209,194
Derivative assets	1,727,321
Loans at amortized cost	0
Securities at fair value through other comprehensive income	0
Securities at amortized cost	0
Other	0
Financial assets, Total	45,262,087
Trading assets
Classification by categories of financial assets [Line Items]
Cash and due from banks		0
Trading assets		28,464,296
Derivative assets		3,280,775
Loans		0
Available-for-sale financial assets		0
Held-to-maturity financial assets		0
Other		0
Financial assets, Total		31,745,071
Financial assets designated at FVTPL(IAS39)
Classification by categories of financial assets [Line Items]
Cash and due from banks		0
Trading assets		0
Financial assets designated at fair value through profit or loss		3,579,057
Derivative assets		0
Loans		0
Available-for-sale financial assets		0
Held-to-maturity financial assets		0
Other		0
Financial assets, Total		3,579,057
Securities at fair value through other comprehensive income
Classification by categories of financial assets [Line Items]
Cash and due from banks at Amortized cost	0
Due from banks at fair value through profit or loss	0
Securities at fair value through profit or loss	0
Loans at fair value through profit or loss	0
Derivative assets	0
Loans at amortized cost	0
Securities at fair value through other comprehensive income	38,314,170
Securities at amortized cost	0
Other	0
Financial assets, Total	38,314,170
AFS financial assets
Classification by categories of financial assets [Line Items]
Cash and due from banks		0
Trading assets		0
Financial assets designated at fair value through profit or loss		0
Derivative assets		0
Loans		0
Available-for-sale financial assets		42,116,937
Held-to-maturity financial assets		0
Other		0
Financial assets, Total		42,116,937
Securities at amortized cost
Classification by categories of financial assets [Line Items]
Cash and due from banks at Amortized cost	17,348,626
Due from banks at fair value through profit or loss	0
Securities at fair value through profit or loss	0
Loans at fair value through profit or loss	0
Derivative assets	0
Loans at amortized cost	299,609,472
Securities at fair value through other comprehensive income	0
Securities at amortized cost	28,478,136
Other	16,837,141
Financial assets, Total	362,273,375
HTM financial assets
Classification by categories of financial assets [Line Items]
Cash and due from banks		0
Trading assets		0
Financial assets designated at fair value through profit or loss		0
Derivative assets		0
Loans		0
Available-for-sale financial assets		0
Held-to-maturity financial assets		24,990,680
Other		0
Financial assets, Total		24,990,680
Loans and receivable
Classification by categories of financial assets [Line Items]
Cash and due from banks		22,668,598
Trading assets		0
Financial assets designated at fair value through profit or loss		0
Derivative assets		0
Loans		275,565,766
Available-for-sale financial assets		0
Held-to-maturity financial assets		0
Other		12,041,304
Financial assets, Total		310,275,668
Derivative instruments held for hedging
Classification by categories of financial assets [Line Items]
Cash and due from banks at Amortized cost	0
Cash and due from banks		0
Due from banks at fair value through profit or loss	0
Securities at fair value through profit or loss	0
Loans at fair value through profit or loss	0
Trading assets		0
Financial assets designated at fair value through profit or loss		0
Derivative assets	66,292	119,403
Loans at amortized cost	0
Loans		0
Securities at fair value through other comprehensive income	0
Available-for-sale financial assets		0
Securities at amortized cost	0
Held-to-maturity financial assets		0
Other	0	0
Financial assets, Total	₩ 66,292	₩ 119,403

Classification by categories _2

Classification by categories of financial liabilities (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017
Classification by categories of financial liabilities [Line Items]
Deposits		₩ 265,000,190	₩ 249,419,224
Financial liabilities at fair value through profit or loss		1,420,306
Trading liabilities			1,848,490
Financial liabilities designated at fair value through profit or loss (IFRS9)	[1]	8,535,800
Financial liabilities designated at fair value through profit or loss (IAS39)			8,297,609
Derivative liabilities		2,439,892	3,487,661
Borrowings		29,818,542	27,586,610
Debt securities issued		63,227,699	51,340,821
Other		20,545,181	20,205,312
Financial liabilities, Total		390,987,610	362,185,727
Financial liabilities at fair value through profit or loss
Classification by categories of financial liabilities [Line Items]
Deposits		0
Financial liabilities at fair value through profit or loss		1,420,306
Financial liabilities designated at fair value through profit or loss (IFRS9)		0
Derivative liabilities		1,846,669
Borrowings		0
Debt securities issued		0
Other		0
Financial liabilities, Total		3,266,975
Trading liabilities
Classification by categories of financial liabilities [Line Items]
Deposits			0
Trading liabilities			1,848,490
Financial liabilities designated at fair value through profit or loss (IAS39)			0
Derivative liabilities			2,804,834
Borrowings			0
Debt securities issued			0
Other			0
Financial liabilities, Total			4,653,324
Financial liabilities designated at fair value through profit or loss (IFRS9)
Classification by categories of financial liabilities [Line Items]
Deposits		0
Financial liabilities at fair value through profit or loss		0
Financial liabilities designated at fair value through profit or loss (IFRS9)	[1]	8,535,800
Derivative liabilities		0
Borrowings		0
Debt securities issued		0
Other		0
Financial liabilities, Total		8,535,800
Financial liabilities designated at FVTPL(IAS39)
Classification by categories of financial liabilities [Line Items]
Deposits			0
Trading liabilities			0
Financial liabilities designated at fair value through profit or loss (IAS39)			8,297,609
Derivative liabilities			0
Borrowings			0
Debt securities issued			0
Other			0
Financial liabilities, Total			8,297,609
Financial liabilities measured at amortized cost
Classification by categories of financial liabilities [Line Items]
Deposits		265,000,190	249,419,224
Financial liabilities at fair value through profit or loss		0
Trading liabilities			0
Financial liabilities designated at fair value through profit or loss (IFRS9)		0
Financial liabilities designated at fair value through profit or loss (IAS39)			0
Derivative liabilities		0	0
Borrowings		29,818,542	27,586,610
Debt securities issued		63,227,699	51,340,821
Other		20,545,181	20,205,312
Financial liabilities, Total		378,591,612	348,551,967
Derivative instruments held for hedging
Classification by categories of financial liabilities [Line Items]
Deposits		0	0
Financial liabilities at fair value through profit or loss		0
Trading liabilities			0
Financial liabilities designated at fair value through profit or loss (IFRS9)		0
Financial liabilities designated at fair value through profit or loss (IAS39)			0
Derivative liabilities		593,223	682,827
Borrowings		0	0
Debt securities issued		0	0
Other		0	0
Financial liabilities, Total		₩ 593,223	₩ 682,827
[1]	The Group designated the financial liabilities at the initial recognition (or subsequently) in accordance with paragraph 6.7.1 of IFRS 9 as financial liabilities at fair value through profit or loss.

Transfers that do not qualify f

Transfers that do not qualify for derecognition (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Bonds sold under repurchase agreements
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	₩ 7,555,719	₩ 9,595,340
Associated financial liabilities	7,167,364	9,057,138
Financial assets at fair value through profit or loss
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets		7,688,025
Available-for-sale financial assets
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets		1,240,063
Held-to-maturity financial assets
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets		615,352
Loans
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets		51,900
Securities at FVTPL
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	6,711,060
Securities at fair value through other comprehensive income
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	688,593
Securities at amortized cost
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	156,066
Securities loaned
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	1,632,241	850,188
Government
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	1,216,381	495,737
Financial institutions
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	409,831	319,581
Equity securities
Transfers that do not qualify for derecognition [Line Items]
Transferred financial assets	₩ 6,029	₩ 34,870

Offsetting financial assets (De

Offsetting financial assets (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	₩ 56,658,066	₩ 56,232,642
Gross amounts of recognized financial liabilities set off in the statement of financial position	27,771,909	31,904,192
Net amounts of financial assets presented in the statement of financial position	28,886,157	24,328,450
Related amounts not set off in the statement of financial position (Financial instruments)	20,629,246	18,655,591
Related amounts not set off in the statement of financial position (Cash collateral received)	26,638	318,813
Net amount	8,230,273	5,354,046
Derivatives and other financial instruments
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	9,207,333	9,131,559
Gross amounts of recognized financial liabilities set off in the statement of financial position	1,268,779	1,535,615
Net amounts of financial assets presented in the statement of financial position	7,938,554	7,595,944
Related amounts not set off in the statement of financial position (Financial instruments)	6,746,640	5,626,795
Related amounts not set off in the statement of financial position (Cash collateral received)	26,638	318,813
Net amount	1,165,276	1,650,336
Bonds purchased under repurchase agreements
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	12,945,380	12,861,514
Gross amounts of recognized financial liabilities set off in the statement of financial position	0	0
Net amounts of financial assets presented in the statement of financial position	12,945,380	12,861,514
Related amounts not set off in the statement of financial position (Financial instruments)	12,557,025	12,312,131
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	388,355	549,383
Securities loaned
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	1,827,066	850,188
Gross amounts of recognized financial liabilities set off in the statement of financial position	0	0
Net amounts of financial assets presented in the statement of financial position	1,827,066	850,188
Related amounts not set off in the statement of financial position (Financial instruments)	1,246,157	633,407
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	580,909	216,781
Domestic exchange settlement debit
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	32,647,367	33,367,006
Gross amounts of recognized financial liabilities set off in the statement of financial position	26,502,611	30,367,425
Net amounts of financial assets presented in the statement of financial position	6,144,756	2,999,581
Related amounts not set off in the statement of financial position (Financial instruments)	74,552	79,882
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	6,070,204	2,919,699
Receivables from disposal of securities
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	22,906	15,568
Gross amounts of recognized financial liabilities set off in the statement of financial position	519	1,152
Net amounts of financial assets presented in the statement of financial position	22,387	14,416
Related amounts not set off in the statement of financial position (Financial instruments)	0	0
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	22,387	14,416
Insurance receivables
Net amounts of financial assets presented:
Gross amounts of recognized financial assets	8,014	6,807
Gross amounts of recognized financial liabilities set off in the statement of financial position	0	0
Net amounts of financial assets presented in the statement of financial position	8,014	6,807
Related amounts not set off in the statement of financial position (Financial instruments)	4,872	3,376
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	₩ 3,142	₩ 3,431

Offsetting financial liabilitie

Offsetting financial liabilities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	₩ 54,213,257	₩ 60,536,347
Gross amounts of recognized financial liabilities set off in the statement of financial position	27,771,909	31,904,192
Net amounts of financial liabilities presented in the statement of financial position	26,441,348	28,632,155
Related amounts not set off in the statement of financial position (Financial instruments)	17,053,371	18,653,100
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	9,387,977	9,979,055
Derivatives and other financial instruments
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	18,453,087	17,821,201
Gross amounts of recognized financial liabilities set off in the statement of financial position	1,268,779	1,535,615
Net amounts of financial liabilities presented in the statement of financial position	17,184,308	16,285,586
Related amounts not set off in the statement of financial position (Financial instruments)	7,850,210	6,378,052
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	9,334,098	9,907,534
Bonds sold under repurchase agreements
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	7,170,744	9,057,138
Gross amounts of recognized financial liabilities set off in the statement of financial position	0	0
Net amounts of financial liabilities presented in the statement of financial position	7,170,744	9,057,138
Related amounts not set off in the statement of financial position (Financial instruments)	7,170,744	9,057,138
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	0	0
Securities borrowed
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	936,705	1,450,877
Gross amounts of recognized financial liabilities set off in the statement of financial position	0	0
Net amounts of financial liabilities presented in the statement of financial position	936,705	1,450,877
Related amounts not set off in the statement of financial position (Financial instruments)	936,705	1,450,877
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	0	0
Domestic exchange settlement pending
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	27,647,185	32,202,236
Gross amounts of recognized financial liabilities set off in the statement of financial position	26,502,611	30,367,425
Net amounts of financial liabilities presented in the statement of financial position	1,144,574	1,834,811
Related amounts not set off in the statement of financial position (Financial instruments)	1,090,808	1,763,331
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	53,766	71,480
Payable from purchase of securities
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	552	1,519
Gross amounts of recognized financial liabilities set off in the statement of financial position	519	1,152
Net amounts of financial liabilities presented in the statement of financial position	33	367
Related amounts not set off in the statement of financial position (Financial instruments)	33	326
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	0	41
Insurance payables
Net amounts of financial liabilities presented:
Gross amounts of recognized financial liabilities	4,984	3,376
Gross amounts of recognized financial liabilities set off in the statement of financial position	0	0
Net amounts of financial liabilities presented in the statement of financial position	4,984	3,376
Related amounts not set off in the statement of financial position (Financial instruments)	4,871	3,376
Related amounts not set off in the statement of financial position (Cash collateral received)	0	0
Net amount	₩ 113	₩ 0

The capital adequacy ratio of t

The capital adequacy ratio of the Group (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The capital adequacy ratio of the Group [Abstract]
Tier I common equity capital	₩ 28,696,267	₩ 26,756,509
Additional tier 1 capital	1,981,609	916,383
Tier I capital	30,677,876	27,672,892
Tier II capital	3,315,185	3,040,572
Total capital (A)	33,993,061	30,713,464
Total risk-weighted assets (B)	₩ 228,678,105	₩ 207,768,636
Capital adequacy ratio (A/B)	14.87%	14.78%
Tier I capital adequacy ratio	13.42%	13.32%
Common equity capital adequacy ratio	12.55%	12.88%

Investments in subsidiaries - C

Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	₩ 459,600,510	₩ 426,307,008
Total liabilities	422,949,080	392,603,390
Total equity	36,651,430	33,703,618
Shinhan Financial Group (Separate)
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	30,114,232	27,639,783
Total liabilities	8,464,164	7,447,705
Total equity	21,650,068	20,192,078
Shinhan Bank Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	348,523,615	324,314,242
Total liabilities	324,331,076	301,660,298
Total equity	24,192,539	22,653,944
Shinhan Card Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	29,429,455	26,367,562
Total liabilities	23,427,988	20,092,443
Total equity	6,001,467	6,275,119
Shinhan Investment Corp.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	29,140,427	28,644,288
Total liabilities	25,767,858	25,391,599
Total equity	3,372,569	3,252,689
Shinhan Life Insurance Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	31,823,631	29,719,359
Total liabilities	30,078,522	27,987,427
Total equity	1,745,109	1,731,932
Shinhan Capital Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	6,116,585	5,315,366
Total liabilities	5,368,265	4,603,786
Total equity	748,320	711,580
Jeju Bank
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	5,980,941	5,562,924
Total liabilities	5,507,949	5,158,123
Total equity	472,992	404,801
Shinhan Credit Information Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	24,377	22,726
Total liabilities	8,750	8,144
Total equity	15,627	14,582
Shinhan Alternative Investment Management Inc.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	102,079	86,902
Total liabilities	92,194	76,250
Total equity	9,885	10,652
Shinhan BNP Paribas Asset Management Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	173,964	174,839
Total liabilities	14,841	18,286
Total equity	159,123	156,553
SHC Management Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	9,755	9,438
Total liabilities	198	190
Total equity	9,557	9,248
Shinhan DS
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	43,095	39,799
Total liabilities	23,118	24,446
Total equity	19,977	15,353
Shinhan Savings Bank
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	1,454,290	1,287,170
Total liabilities	1,291,012	1,139,533
Total equity	163,278	147,637
Shinhan AITAS Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	65,725	58,158
Total liabilities	7,367	6,209
Total equity	58,358	51,949
Shinhan REITs Management Co., Ltd.
Investments in subsidiaries - Condensed financial position for the controlling company and the Group's subsidiaries [Line Items]
Total assets	36,298	29,319
Total liabilities	3,496	71
Total equity	₩ 32,802	₩ 29,248

Investments in subsidiaries -_2

Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Net income	₩ 3,198,265	₩ 2,949,205	₩ 2,824,919
Total comprehensive income	3,249,557	2,520,091	2,415,769
Shinhan Financial Group (Separate)
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	1,519,197	1,008,868	1,739,924
Net income	1,234,883	754,727	1,470,250
Total comprehensive income	1,234,044	755,018	1,469,850
Shinhan Bank Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	19,731,711	21,240,193	16,672,337
Net income	2,279,362	1,712,314	1,940,621
Total comprehensive income	2,333,266	1,496,582	1,717,969
Shinhan Card Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	3,752,232	5,186,592	4,672,819
Net income	517,761	898,723	707,344
Total comprehensive income	477,135	787,956	558,438
Shinhan Investment Corp.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	5,553,118	5,558,862	4,549,941
Net income	251,268	211,919	115,440
Total comprehensive income	269,058	195,910	120,238
Shinhan Life Insurance Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	5,633,679	5,997,997	5,693,702
Net income	131,021	120,642	150,556
Total comprehensive income	150,997	46,062	109,754
Shinhan Capital Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	439,031	351,772	302,710
Net income	103,400	87,647	33,868
Total comprehensive income	100,317	88,128	34,059
Jeju Bank
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	224,766	208,661	190,191
Net income	27,446	25,143	25,160
Total comprehensive income	30,579	22,053	19,969
Shinhan Credit Information Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	37,616	32,836	24,975
Net income	1,392	340	(1,174)
Total comprehensive income	985	377	(1,047)
Shinhan Alternative Investment Management Inc.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	21,590	29,410	2,404
Net income	(780)	(844)	512
Total comprehensive income	(780)	(842)	844
Shinhan BNP Paribas Asset Management Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	78,378	77,474	69,834
Net income	18,868	19,705	14,302
Total comprehensive income	18,980	20,073	14,363
SHC Management Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	140	177	115
Net income	309	1,036	416
Total comprehensive income	309	1,036	416
Shinhan DS
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	99,279	79,063	79,004
Net income	1,314	1,404	1,186
Total comprehensive income	1,525	2,482	2,617
Shinhan Savings Bank
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	94,636	78,516	64,229
Net income	19,384	16,800	12,505
Total comprehensive income	18,919	16,757	11,170
Shinhan AITAS Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	44,729	40,781	37,061
Net income	8,461	6,481	7,631
Total comprehensive income	8,461	6,481	₩ 7,631
Shinhan REITs Management Co., Ltd.
Investments in subsidiaries - Condensed comprehensive income statement for the controlling company and the Group's subsidiaries [Line Items]
Operating income	7,386	70
Net income	3,564	(752)
Total comprehensive income	₩ 3,552	₩ (752)

Information of income and expen

Information of income and expense for each operating segment (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Information of income and expense for each operating segment [Line Items]
Net interest income	₩ 8,580,089	₩ 7,842,953	₩ 7,205,366
Net fees and commission income	1,938,997	1,710,954	1,565,539
Reversal of (provision of) credit loss	(747,877)
Impairment losses on financial assets		(1,013,548)	(1,195,663)
General and administrative expenses	(4,741,575)	(4,811,198)	(4,508,575)
Other income (expense), net	(530,220)	100,865	41,975
Operating income	4,499,414	3,830,026	3,108,642
Equity method income (loss)	17,488	20,393	9,995
Income tax expense (benefit)	1,268,345	848,403	345,553
Profit for the year	3,198,265	2,949,205	2,824,919
Controlling interest	3,156,722	2,918,816	2,774,778
Non-controlling interests	41,543	30,389	50,141
Banking
Information of income and expense for each operating segment [Line Items]
Net interest income	5,707,813	5,107,888	4,605,046
Net fees and commission income	850,646	816,795	717,097
Reversal of (provision of) credit loss	(250,134)
Impairment losses on financial assets		(674,706)	(746,126)
General and administrative expenses	(3,098,629)	(3,149,436)	(2,907,314)
Other income (expense), net	(163,104)	(11,556)	190,909
Operating income	3,046,592	2,088,985	1,859,612
Equity method income (loss)	(977)	1,306	8,615
Income tax expense (benefit)	832,494	418,679	64,214
Profit for the year	2,195,263	1,623,425	1,866,811
Controlling interest	2,194,950	1,623,184	1,866,446
Non-controlling interests	313	241	365
Banking | External customers
Information of income and expense for each operating segment [Line Items]
Net interest income	5,714,568	5,113,584	4,610,536
Net fees and commission income	872,631	844,349	744,464
Banking | Internal transactions
Information of income and expense for each operating segment [Line Items]
Net interest income	(6,755)	(5,696)	(5,490)
Net fees and commission income	(21,985)	(27,554)	(27,367)
Credit card
Information of income and expense for each operating segment [Line Items]
Net interest income	1,583,100	1,501,054	1,484,697
Net fees and commission income	433,043	359,408	408,601
Reversal of (provision of) credit loss	(466,447)
Impairment losses on financial assets		(291,694)	(347,179)
General and administrative expenses	(751,580)	(831,927)	(802,037)
Other income (expense), net	74,954	567,234	296,829
Operating income	873,070	1,304,075	1,040,911
Income tax expense (benefit)	225,837	285,853	235,140
Profit for the year	629,307	1,012,755	806,313
Controlling interest	630,993	1,027,823	814,836
Non-controlling interests	(1,686)	(15,068)	(8,523)
Credit card | External customers
Information of income and expense for each operating segment [Line Items]
Net interest income	1,602,849	1,517,399	1,507,748
Net fees and commission income	464,342	384,356	427,592
Credit card | Internal transactions
Information of income and expense for each operating segment [Line Items]
Net interest income	(19,749)	(16,345)	(23,051)
Net fees and commission income	(31,299)	(24,948)	(18,991)
Securities
Information of income and expense for each operating segment [Line Items]
Net interest income	429,095	433,047	390,761
Net fees and commission income	388,944	297,718	248,845
Reversal of (provision of) credit loss	(9,226)
Impairment losses on financial assets		(15,752)	(8,035)
General and administrative expenses	(493,906)	(444,935)	(406,017)
Other income (expense), net	17,963	(17,229)	(82,480)
Operating income	332,870	252,849	143,074
Equity method income (loss)	15,228	12,081	(273)
Income tax expense (benefit)	95,438	63,472	30,066
Profit for the year	251,268	211,919	115,440
Controlling interest	251,265	211,907	115,438
Non-controlling interests	3	12	2
Securities | External customers
Information of income and expense for each operating segment [Line Items]
Net interest income	423,156	427,888	392,973
Net fees and commission income	400,227	306,407	255,999
Securities | Internal transactions
Information of income and expense for each operating segment [Line Items]
Net interest income	5,939	5,159	(2,212)
Net fees and commission income	(11,283)	(8,689)	(7,154)
Life insurance
Information of income and expense for each operating segment [Line Items]
Net interest income	761,742	727,917	704,489
Net fees and commission income	69,780	53,271	19,068
Reversal of (provision of) credit loss	(13,400)
Impairment losses on financial assets		(13,162)	(9,559)
General and administrative expenses	(227,740)	(222,650)	(227,639)
Other income (expense), net	(409,151)	(385,226)	(326,251)
Operating income	181,231	160,150	160,108
Equity method income (loss)	(1,026)	(910)	(1,188)
Income tax expense (benefit)	50,429	41,441	2,951
Profit for the year	131,021	120,642	150,556
Controlling interest	131,021	120,642	150,556
Life insurance | External customers
Information of income and expense for each operating segment [Line Items]
Net interest income	762,978	727,975	704,188
Net fees and commission income	77,145	60,555	26,769
Life insurance | Internal transactions
Information of income and expense for each operating segment [Line Items]
Net interest income	(1,236)	(58)	301
Net fees and commission income	(7,365)	(7,284)	(7,701)
Others
Information of income and expense for each operating segment [Line Items]
Net interest income	95,618	69,231	13,028
Net fees and commission income	198,828	180,510	169,081
Reversal of (provision of) credit loss	(10,238)
Impairment losses on financial assets		(36,830)	(85,009)
General and administrative expenses	(263,046)	(234,649)	(215,759)
Other income (expense), net	80,857	53,815	43,783
Operating income	102,019	32,077	(74,876)
Equity method income (loss)	6,909	8,796	4,277
Income tax expense (benefit)	59,556	32,805	14,190
Profit for the year	49,168	9,600	(79,150)
Controlling interest	49,168	9,600	(79,151)
Non-controlling interests	0	0	1
Others | External customers
Information of income and expense for each operating segment [Line Items]
Net interest income	76,538	56,107	(10,079)
Net fees and commission income	124,652	115,287	110,715
Others | Internal transactions
Information of income and expense for each operating segment [Line Items]
Net interest income	19,080	13,124	23,107
Net fees and commission income	74,176	65,223	58,366
Consolidation adjustment
Information of income and expense for each operating segment [Line Items]
Net interest income	2,721	3,816	7,345
Net fees and commission income	(2,244)	3,252	2,847
Reversal of (provision of) credit loss	1,568
Impairment losses on financial assets		18,596	245
General and administrative expenses	93,326	72,399	50,191
Other income (expense), net	(131,739)	(106,173)	(80,815)
Operating income	(36,368)	(8,110)	(20,187)
Equity method income (loss)	(2,646)	(880)	(1,436)
Income tax expense (benefit)	4,591	6,153	(1,008)
Profit for the year	(57,762)	(29,136)	(35,051)
Controlling interest	(100,675)	(74,340)	(93,347)
Non-controlling interests	42,913	45,204	58,296
Consolidation adjustment | External customers
Information of income and expense for each operating segment [Line Items]
Net interest income	0	0	0
Net fees and commission income	0	0	0
Consolidation adjustment | Internal transactions
Information of income and expense for each operating segment [Line Items]
Net interest income	2,721	3,816	7,345
Net fees and commission income	₩ (2,244)	₩ 3,252	₩ 2,847

Financial information of geogra

Financial information of geographical area (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Financial information of geographical area [Line Items]
Operating income	₩ 4,499,414	₩ 3,830,026	₩ 3,108,642
Non-current assets	7,798,840	7,713,396
Domestic
Financial information of geographical area [Line Items]
Operating income	4,023,916	3,504,780	2,876,073
Non-current assets	7,597,266	7,513,736
Overseas
Financial information of geographical area [Line Items]
Operating income	475,498	325,246	₩ 232,569
Non-current assets	₩ 201,574	₩ 199,660

Cash and Due from Banks At Am_3

Cash and Due from Banks At Amortized Cost (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Cash and Due from banks at amortized cost [Line Items]
Cash and cash equivalents	₩ 2,617,231	₩ 1,792,527
Due from banks at amortized cost :
Deposits	5,045,513	4,064,408
Reserve deposits	2,360,416	8,689,515
Time deposits	4,137,501	4,415,076
Other	3,202,789	3,721,126
Due from banks at amortized cost, total	14,746,219	20,890,125
Allowance for credit losses	(14,824)	₩ (14,054)
Cash and Due from banks at amortized cost, total	17,348,626
Domestic currency
Cash and Due from banks at amortized cost [Line Items]
Cash and cash equivalents	2,617,231
Due from banks at amortized cost :
Deposits	0
Reserve deposits	2,360,416
Time deposits	1,346,015
Other	2,271,812
Due from banks at amortized cost, total	5,978,243
Foreign currency
Cash and Due from banks at amortized cost [Line Items]
Cash and cash equivalents	0
Due from banks at amortized cost :
Deposits	5,045,513
Reserve deposits	0
Time deposits	2,791,486
Other	930,977
Due from banks at amortized cost, total	₩ 8,767,976

Restricted due from banks at am

Restricted due from banks at amortized cost (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Restricted due from banks at amortized cost [Line Items]
Deposits	₩ 1,632,971	₩ 1,117,597
Reserve deposits	2,360,416	8,689,515
Other	2,182,119	3,628,419
Restricted due from banks at amortized cost, total	6,175,506	₩ 13,435,531	₩ 9,106,053
Domestic currency
Restricted due from banks at amortized cost [Line Items]
Deposits	0
Reserve deposits	2,360,416
Other	2,182,119
Restricted due from banks at amortized cost, total	4,542,535
Foreign currency
Restricted due from banks at amortized cost [Line Items]
Deposits	1,632,971
Reserve deposits	0
Other	0
Restricted due from banks at amortized cost, total	₩ 1,632,971

Cash and Due from Banks (Detail

Cash and Due from Banks (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Cash and Due from Banks [Line Items]
Cash and cash equivalents	₩ 2,617,231	₩ 1,792,527
Due from banks:
Deposits	5,045,513	4,064,408
Reserve deposits	2,360,416	8,689,515
Time deposits	4,137,501	4,415,076
Other	3,202,789	3,721,126
Due From Banks, total	14,746,219	20,890,125
Allowance for credit losses	₩ (14,824)	(14,054)
Cash and due from banks		22,668,598
Domestic currency
Cash and Due from Banks [Line Items]
Cash and cash equivalents		1,792,527
Due from banks:
Deposits		0
Reserve deposits		8,689,515
Time deposits		1,361,612
Other		3,023,087
Due From Banks, total		13,074,214
Foreign currency
Cash and Due from Banks [Line Items]
Cash and cash equivalents		0
Due from banks:
Deposits		4,064,408
Reserve deposits		0
Time deposits		3,053,464
Other		698,039
Due From Banks, total		₩ 7,815,911

Restricted Cash and Due from Ba

Restricted Cash and Due from Banks (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Restricted Due from banks [Line Items]
Deposits	₩ 1,632,971	₩ 1,117,597
Reserve deposits	2,360,416	8,689,515
Other	2,182,119	3,628,419
Restricted Due from banks, total	₩ 6,175,506	13,435,531	₩ 9,106,053
Domestic currency
Restricted Due from banks [Line Items]
Deposits		0
Reserve deposits		8,689,515
Other		3,628,419
Restricted Due from banks, total		12,317,934
Foreign currency
Restricted Due from banks [Line Items]
Deposits		1,117,597
Reserve deposits		0
Other		0
Restricted Due from banks, total		₩ 1,117,597

Financial assets at fair valu_3

Financial assets at fair value through profit or loss (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	₩ 43,534,766
Debt securities
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	40,134,964
Government
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	2,765,054
Financial institutions
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	9,415,470
Corporation
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	6,664,839
Stocks with put option
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	381,844
Equity investment with put option
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	1,080,723
Beneficiary certificates
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	9,062,004
Commercial Papers
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	5,535,397
CMA
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	3,001,831
Others
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	2,227,802
Equity securities
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	1,165,071
Stocks
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	1,050,097
Equity investments
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	4,908
Others
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	110,066
Loans at fair value
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	1,209,194
Due from banks at fair value
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	870,656
Gold deposits
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss	₩ 154,881

Financial assets to which overl

Financial assets to which overlay approach were applied in accordance with IFRS 9 'Financial Instruments' and IFRS 4 'Insurance Contracts' (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Disclosure of financial assets to which overlay approach is applied [Line Items]
Financial assets to which overlay approach is applied	₩ 4,031,181
Due from banks at fair value through profit or loss
Disclosure of financial assets to which overlay approach is applied [Line Items]
Financial assets to which overlay approach is applied	870,656
Securities at fair value through profit or loss
Disclosure of financial assets to which overlay approach is applied [Line Items]
Financial assets to which overlay approach is applied	₩ 3,160,525

Reclassified amounts between pr

Reclassified amounts between profit or loss and other comprehensive income due to the overlay approach (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Disclosure of information about overlay approach for associates [Line Items]
Profit or loss IFRS 9	₩ (72,869)
Profit or loss IAS 39	2,073
Other comprehensive income Amount	(74,942)
Other comprehensive income Tax effect	20,609
Net gain (loss) on valuation of financial assets at fair value through profit or loss
Disclosure of information about overlay approach for associates [Line Items]
Profit or loss IFRS 9	(77,179)
Profit or loss IAS 39	(4,425)
Other comprehensive income Amount	(72,754)
Other comprehensive income Tax effect	20,007
Net gain (loss) on disposal of financial assets at fair value through profit or loss [Member]
Disclosure of information about overlay approach for associates [Line Items]
Profit or loss IFRS 9	4,310
Profit or loss IAS 39	6,498
Other comprehensive income Amount	(2,188)
Other comprehensive income Tax effect	₩ 602

Trading assets (Details)

Trading assets (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Trading assets [Line Items]
Trading assets	₩ 28,464,296
Debt securities
Trading assets [Line Items]
Trading assets	23,640,646
Government
Trading assets [Line Items]
Trading assets	3,254,587
Financial institutions
Trading assets [Line Items]
Trading assets	8,014,128
Corporation
Trading assets [Line Items]
Trading assets	5,097,200
Commercial Papers
Trading assets [Line Items]
Trading assets	3,625,436
CMA
Trading assets [Line Items]
Trading assets	3,157,475
Others
Trading assets [Line Items]
Trading assets	491,820
Equity securities
Trading assets [Line Items]
Trading assets	4,634,353
Stocks
Trading assets [Line Items]
Trading assets	738,666
Beneficiary certificates
Trading assets [Line Items]
Trading assets	3,728,027
Others
Trading assets [Line Items]
Trading assets	167,660
Gold deposits
Trading assets [Line Items]
Trading assets	₩ 189,297

Financial asset designated at_3

Financial asset designated at fair value through profit or loss(IAS 39) (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Financial asset designated at fair value through profit or loss [Line Items]
Financial assets designated at fair value through profit or loss(IAS39)	₩ 3,579,057
Debt securities
Financial asset designated at fair value through profit or loss [Line Items]
Financial assets designated at fair value through profit or loss(IAS39)	2,110,809
Equity securities
Financial asset designated at fair value through profit or loss [Line Items]
Financial assets designated at fair value through profit or loss(IAS39)	1,234,356
Others
Financial asset designated at fair value through profit or loss [Line Items]
Financial assets designated at fair value through profit or loss(IAS39)	₩ 233,892

Notional amounts of derivatives

Notional amounts of derivatives (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	₩ 293,456,368	₩ 245,088,318
Trading purpose | Foreign currency related
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	173,976,105	133,434,191
Trading purpose | Foreign currency related | Over the counter
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	173,539,391	132,254,205
Trading purpose | Foreign currency related | Over the counter | Forward contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	139,804,552	100,806,648
Trading purpose | Foreign currency related | Over the counter | Swap contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	31,794,900	30,269,510
Trading purpose | Foreign currency related | Over the counter | Option contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	1,939,939	1,178,047
Trading purpose | Foreign currency related | Exchange traded | Futures contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	436,714	1,179,986
Trading purpose | Interest rates related
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	90,124,560	85,751,116
Trading purpose | Interest rates related | Over the counter
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	31,522,489	30,579,249
Trading purpose | Interest rates related | Over the counter | Swap contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	31,228,489	30,269,249
Trading purpose | Interest rates related | Over the counter | Option contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	294,000	310,000
Trading purpose | Interest rates related | Exchange traded
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	58,602,071	55,171,867
Trading purpose | Interest rates related | Exchange traded | Swap contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	56,862,374	53,625,962
Trading purpose | Interest rates related | Exchange traded | Futures contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	1,739,697	1,545,905
Trading purpose | Credit related | Over the counter | Swap contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	3,094,077	2,443,609
Trading purpose | Equity related
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	9,134,642	9,218,693
Trading purpose | Equity related | Over the counter
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	5,795,676	5,453,731
Trading purpose | Equity related | Over the counter | Option contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	645,709	1,230,635
Trading purpose | Equity related | Over the counter | Swap and forward contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	5,149,967	4,223,096
Trading purpose | Equity related | Exchange traded
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	3,338,966	3,764,962
Trading purpose | Equity related | Exchange traded | Futures contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	630,409	526,913
Trading purpose | Equity related | Exchange traded | Option contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	2,708,557	3,238,049
Trading purpose | Commodity related
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	1,313,119	1,058,918
Trading purpose | Commodity related | Over the counter
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	1,067,368	936,524
Trading purpose | Commodity related | Over the counter | Option contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	4,780	4,880
Trading purpose | Commodity related | Over the counter | Swap and forward contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	1,062,588	931,644
Trading purpose | Commodity related | Exchange traded | Futures contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	245,751	122,394
Hedging purpose
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	15,813,865	13,181,791
Hedging purpose | Foreign currency related | Forward contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	1,522,306	1,227,354
Hedging purpose | Foreign currency related | Swap contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	4,143,828	3,866,015
Hedging purpose | Interest rates related | Swap contract
Notional amounts of derivatives [Line Items]
Notional amounts of derivatives	₩ 10,147,731	₩ 8,088,422

Fair values of derivative instr

Fair values of derivative instruments (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fair values of derivative instruments [Line Items]
Derivative assets	₩ 1,793,613	₩ 3,400,178
Derivative liabilities	2,439,892	3,487,661
Trading purpose | Foreign currency related
Fair values of derivative instruments [Line Items]
Derivative assets	1,314,145	2,762,556
Derivative liabilities	1,255,982	2,514,889
Trading purpose | Foreign currency related | Over the counter
Fair values of derivative instruments [Line Items]
Derivative assets	1,314,134	2,762,140
Derivative liabilities	1,255,982	2,514,336
Trading purpose | Foreign currency related | Over the counter | Forward contract
Fair values of derivative instruments [Line Items]
Derivative assets	912,795	1,895,225
Derivative liabilities	870,984	1,636,715
Trading purpose | Foreign currency related | Over the counter | Swap contract
Fair values of derivative instruments [Line Items]
Derivative assets	393,702	854,892
Derivative liabilities	372,725	865,551
Trading purpose | Foreign currency related | Over the counter | Option contract
Fair values of derivative instruments [Line Items]
Derivative assets	7,637	12,023
Derivative liabilities	12,273	12,070
Trading purpose | Foreign currency related | Exchange traded | Futures contract
Fair values of derivative instruments [Line Items]
Derivative assets	11	416
Derivative liabilities		553
Trading purpose | Interest rates related
Fair values of derivative instruments [Line Items]
Derivative assets	251,663	206,220
Derivative liabilities	178,935	211,338
Trading purpose | Interest rates related | Over the counter
Fair values of derivative instruments [Line Items]
Derivative assets	251,251	204,449
Derivative liabilities	177,366	210,794
Trading purpose | Interest rates related | Over the counter | Swap contract
Fair values of derivative instruments [Line Items]
Derivative assets	251,251	204,449
Derivative liabilities	172,019	208,901
Trading purpose | Interest rates related | Over the counter | Option contract
Fair values of derivative instruments [Line Items]
Derivative assets	0	0
Derivative liabilities	5,347	1,893
Trading purpose | Interest rates related | Exchange traded | Futures contract
Fair values of derivative instruments [Line Items]
Derivative assets	412	1,771
Derivative liabilities	1,569	544
Trading purpose | Credit related | Over the counter | Swap contract
Fair values of derivative instruments [Line Items]
Derivative assets	37,951	63,359
Derivative liabilities	14,916	10,617
Trading purpose | Equity related
Fair values of derivative instruments [Line Items]
Derivative assets	107,761	226,956
Derivative liabilities	318,634	45,005
Trading purpose | Equity related | Over the counter
Fair values of derivative instruments [Line Items]
Derivative assets	54,134	203,322
Derivative liabilities	208,061	25,679
Trading purpose | Equity related | Over the counter | Option contract
Fair values of derivative instruments [Line Items]
Derivative assets	2,265	91,040
Derivative liabilities	2,352	12,177
Trading purpose | Equity related | Over the counter | Swap and forward contract
Fair values of derivative instruments [Line Items]
Derivative assets	51,869	112,282
Derivative liabilities	205,709	13,502
Trading purpose | Equity related | Exchange traded
Fair values of derivative instruments [Line Items]
Derivative assets	53,627	23,634
Derivative liabilities	110,573	19,326
Trading purpose | Equity related | Exchange traded | Futures contract
Fair values of derivative instruments [Line Items]
Derivative assets	15,937	72
Derivative liabilities	778	805
Trading purpose | Equity related | Exchange traded | Option contract
Fair values of derivative instruments [Line Items]
Derivative assets	37,690	23,562
Derivative liabilities	109,795	18,521
Trading purpose | Commodity related
Fair values of derivative instruments [Line Items]
Derivative assets	15,801	21,685
Derivative liabilities	78,203	22,985
Trading purpose | Commodity related | Over the counter
Fair values of derivative instruments [Line Items]
Derivative assets	7,575	15,648
Derivative liabilities	74,187	22,670
Trading purpose | Commodity related | Over the counter | Option contract
Fair values of derivative instruments [Line Items]
Derivative assets	27	72
Derivative liabilities	29	77
Trading purpose | Commodity related | Over the counter | Swap and forward contract
Fair values of derivative instruments [Line Items]
Derivative assets	7,548	15,576
Derivative liabilities	74,158	22,593
Trading purpose | Commodity related | Exchange traded | Futures contract
Fair values of derivative instruments [Line Items]
Derivative assets	8,226	6,037
Derivative liabilities	4,016	315
Hedging purpose
Fair values of derivative instruments [Line Items]
Derivative assets	66,292	119,402
Derivative liabilities	593,222	682,827
Hedging purpose | Foreign currency related | Forward contract
Fair values of derivative instruments [Line Items]
Derivative assets	9,185	50,492
Derivative liabilities	30,497	1,567
Hedging purpose | Foreign currency related | Swap contract
Fair values of derivative instruments [Line Items]
Derivative assets	21,976	59,399
Derivative liabilities	79,492	161,896
Hedging purpose | Interest rates related | Swap contract
Fair values of derivative instruments [Line Items]
Derivative assets	35,131	9,511
Derivative liabilities	₩ 483,233	₩ 519,364

Gain or loss on valuation of de

Gain or loss on valuation of derivatives (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	₩ (212,987)	₩ 82,305	₩ (299,521)
Trading purpose | Foreign currency related
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	15,002	182,193	(64,043)
Trading purpose | Foreign currency related | Over the counter
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	14,991	182,330	(64,010)
Trading purpose | Foreign currency related | Over the counter | Forward contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	41,188	85,498	(80,907)
Trading purpose | Foreign currency related | Over the counter | Swap contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(34,444)	91,410	7,193
Trading purpose | Foreign currency related | Over the counter | Option contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	8,247	5,422	9,704
Trading purpose | Foreign currency related | Exchange traded | Futures contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	11	(137)	(33)
Trading purpose | Interest rates related
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	82,704	(10,442)	(63,525)
Trading purpose | Interest rates related | Over the counter
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	85,216	(17,392)	(67,374)
Trading purpose | Interest rates related | Over the counter | Swap contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	86,675	(17,805)	(68,490)
Trading purpose | Interest rates related | Over the counter | Option contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(1,459)	413	1,116
Trading purpose | Interest rates related | Exchange traded | Futures contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(2,512)	6,950	3,849
Trading purpose | Credit related | Over the counter | Swap contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(8,318)	46,593	10,761
Trading purpose | Equity related
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(295,607)	131,734	127,408
Trading purpose | Equity related | Over the counter
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(266,603)	110,152	123,362
Trading purpose | Equity related | Over the counter | Option contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	4,326	36,662	11,639
Trading purpose | Equity related | Over the counter | Swap and forward contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(270,929)	73,490	111,723
Trading purpose | Equity related | Exchange traded
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(29,004)	21,582	4,046
Trading purpose | Equity related | Exchange traded | Futures contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	15,159	(733)	626
Trading purpose | Equity related | Exchange traded | Option contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(44,163)	22,315	3,420
Trading purpose | Commodity related
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(85,660)	19,147	(8,934)
Trading purpose | Commodity related | Over the counter
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(89,869)	13,425	(9,032)
Trading purpose | Commodity related | Over the counter | Option contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	33	(10)	(44)
Trading purpose | Commodity related | Over the counter | Swap and forward contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(89,902)	13,435	(8,988)
Trading purpose | Commodity related | Exchange traded | Futures contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	4,209	5,722	98
Hedging purpose
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	78,892	(286,920)	(301,188)
Hedging purpose | Foreign currency related | Forward contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	(26,031)	48,050	(80,958)
Hedging purpose | Foreign currency related | Swap contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	66,156	(143,737)	19,366
Hedging purpose | Interest rates related | Swap contract
Gain or loss on valuation of derivatives [Line Items]
Gain or loss on valuation of derivatives	₩ 38,767	₩ (191,233)	₩ (239,596)

Gain or loss on fair value hedg

Gain or loss on fair value hedges (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Gain or loss on fair value hedges [Line Items]
Gains (losses) on fair value hedges (hedged items)	₩ (21,385)
Gains (losses) on fair value hedges (hedging instruments)	19,255
Hedge ineffectiveness recognized in profit or loss	(2,130)
Cash Flow Hedges | Interest rate
Gain or loss on fair value hedges [Line Items]
Gains (losses) on fair value hedges (hedged items)	(76,573)
Gains (losses) on fair value hedges (hedging instruments)	79,635
Hedge ineffectiveness recognized in profit or loss	3,062
Cash Flow Hedges | Foreign exchange
Gain or loss on fair value hedges [Line Items]
Gains (losses) on fair value hedges (hedged items)	55,188
Gains (losses) on fair value hedges (hedging instruments)	(60,380)
Hedge ineffectiveness recognized in profit or loss	₩ (5,192)

Due to the ineffectiveness of h

Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year [Line Items]
Gains on hedges recognized in other comprehensive income	₩ 6,321
Hedge ineffectiveness recognized in profit or loss	(8,953)
From cash flow hedge reserve to profit or loss Reclassified amount	70,051
Cash Flow Hedges | Foreign exchange
Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year [Line Items]
Gains on hedges recognized in other comprehensive income	65,386
Hedge ineffectiveness recognized in profit or loss	(5,188)
From cash flow hedge reserve to profit or loss Reclassified amount	70,051
Cash Flow Hedges | Interest rate
Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year [Line Items]
Gains on hedges recognized in other comprehensive income	(23,186)
Hedge ineffectiveness recognized in profit or loss	0
From cash flow hedge reserve to profit or loss Reclassified amount	0
Hedges of net investment in foreign operations | Foreign exchange
Due to the ineffectiveness of hedge of cash flow risk and hedge of net investment in foreign operations during the year [Line Items]
Gains on hedges recognized in other comprehensive income	(35,879)
Hedge ineffectiveness recognized in profit or loss	(3,765)
From cash flow hedge reserve to profit or loss Reclassified amount	₩ 0

Nominal values and average hedg

Nominal values and average hedge ratio for derivatives (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Interest rate
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	10,147,731
Average hedge ratio	100.00%
Interest rate | Not later than 1 year
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	190,000
Average hedge ratio	100.00%
Interest rate | 1 ~ 2 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	737,632
Average hedge ratio	100.00%
Interest rate | 2 ~ 3 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	723,177
Average hedge ratio	100.00%
Interest rate | 3 ~ 4 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	707,254
Average hedge ratio	100.00%
Interest rate | 4 ~ 5 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	1,305,584
Average hedge ratio	100.00%
Interest rate | More than 5 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	6,484,084
Average hedge ratio	100.00%
Exchange risk
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	6,858,779
Average hedge ratio	100.00%
Exchange risk | Not later than 1 year
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	2,731,517
Average hedge ratio	100.00%
Exchange risk | 1 ~ 2 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	1,958,746
Average hedge ratio	100.00%
Exchange risk | 2 ~ 3 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	827,158
Average hedge ratio	100.00%
Exchange risk | 3 ~ 4 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	1,038,935
Average hedge ratio	100.00%
Exchange risk | 4 ~ 5 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	302,423
Average hedge ratio	100.00%
Exchange risk | More than 5 years
Nominal values and average hedge ratio for derivatives [Line Items]
Nominal values	0
Average hedge ratio	0.00%

Effect of derivatives on statem

Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Fair value hedges | Currency swap
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	33,543
BV of asset	₩ 433
BV of liabilities	0
Changes if fair value in the period	₩ (1,502)
Fair value hedges | Interest rate swap
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	9,377,731
BV of asset	₩ 35,093
BV of liabilities	467,381
Changes if fair value in the period	₩ 55,244
Reserve of cash flow hedges [Member] | Currency swap
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	4,110,285
BV of asset	₩ 21,543
BV of liabilities	79,492
Changes if fair value in the period	₩ (54)
Reserve of cash flow hedges [Member] | Interest rate swap
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	770,000
BV of asset	₩ 38
BV of liabilities	15,853
Changes if fair value in the period	₩ (23,186)
Reserve of cash flow hedges [Member] | Currency forward
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	1,298,686
BV of asset	₩ 3,191
BV of liabilities	24,925
Changes if fair value in the period	₩ (33,460)
Hedges of net investment in foreign operations | Currency forward
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	223,620
BV of asset	₩ 5,994
BV of liabilities	5,572
Changes if fair value in the period	₩ (3,261)
Hedges of net investment in foreign operations | Borrowings
Effect of derivatives on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
Nominal values	1,192,645
BV of asset	₩ 0
BV of liabilities	1,186,792
Changes if fair value in the period	₩ (36,383)

Effect of hedging items on stat

Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Fair value hedges | Interest rate
Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
BV of asset	₩ 293,215
BV of liabilities	8,873,059
Assets of Cumulative fair value hedge adjustment	(2,832)
Liabilities of Cumulative fair value hedge adjustment	(524,459)
Changes if fair value in the period	(56,462)
Cash flow hedge reserve	0
Foreign currency conversion reserves	0
Fair value hedges | Foreign exchange
Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
BV of asset	62,406
BV of liabilities	0
Assets of Cumulative fair value hedge adjustment	0
Liabilities of Cumulative fair value hedge adjustment	0
Changes if fair value in the period	2,675
Cash flow hedge reserve	0
Foreign currency conversion reserves	0
Cash Flow Hedges | Interest rate
Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
BV of asset	0
BV of liabilities	1,539,005
Assets of Cumulative fair value hedge adjustment	0
Liabilities of Cumulative fair value hedge adjustment	0
Changes if fair value in the period	0
Cash flow hedge reserve	(10,184)
Foreign currency conversion reserves	0
Cash Flow Hedges | Foreign exchange
Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
BV of asset	2,795,320
BV of liabilities	2,716,148
Assets of Cumulative fair value hedge adjustment	0
Liabilities of Cumulative fair value hedge adjustment	0
Changes if fair value in the period	63,860
Cash flow hedge reserve	(2,006)
Foreign currency conversion reserves	0
Hedges of net investment in foreign operations | Foreign exchange
Effect of hedging items on statement financial position, statement of comprehensive income, statement of changes in equity [Line Items]
BV of asset	0
BV of liabilities	0
Assets of Cumulative fair value hedge adjustment	0
Liabilities of Cumulative fair value hedge adjustment	0
Changes if fair value in the period	(35,879)
Cash flow hedge reserve	0
Foreign currency conversion reserves	₩ 138,416

Loans at amortized cost (Detail

Loans at amortized cost (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Loans at amortized cost [Abstract]
Household loans	₩ 120,832,081	₩ 111,590,777
Corporate loans	152,164,476	139,989,642
Public and other loans	2,831,026	2,297,631
Loans to banks	3,585,563	2,969,784
Card receivables	22,447,614	20,640,857
Loans at amortized cost, Gross, Total	301,860,760
Discount	(23,588)	(44,936)
Deferred loan origination costs and fees	497,368	434,746	[1]
Loans at amortized cost before Allowance for credit losses, Total	302,334,540
Allowance for credit losses	(2,725,068)	₩ (2,310,604)
Loans at amortized cost, Net, Total	₩ 299,609,472
[1]	The beginning balance for 2018 was restated in accordance with IFRS 9.

Changes in loans at amortized c

Changes in loans at amortized cost and other assets (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	₩ 309,205,013
Transfer (from) to 12 month expected credit losses	0
Transfer (from) to lifetime expected credit losses	0
Transfer (from) to credit- impaired financial assets	0
Origination	161,873,842
Collection	(136,252,256)
Charge off	(872,381)
Disposal	(737,040)
Others	757,520
Ending balance	333,974,698
Loans at amortized cost net category | 12-month expected credit losses
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	245,310,809
Transfer (from) to 12 month expected credit losses	7,532,588
Transfer (from) to lifetime expected credit losses	(20,879,174)
Transfer (from) to credit- impaired financial assets	(1,948,419)
Origination	130,894,396
Collection	(93,938,952)
Charge off	0
Disposal	(121,915)
Others	749,646
Ending balance	267,598,979
Loans at amortized cost net category | Lifetime expected credit losses
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	30,030,619
Transfer (from) to 12 month expected credit losses	(7,527,159)
Transfer (from) to lifetime expected credit losses	20,943,897
Transfer (from) to credit- impaired financial assets	(185,166)
Origination	529,735
Collection	(10,682,116)
Charge off	0
Disposal	(19,056)
Others	(52,157)
Ending balance	33,038,597
Loans at amortized cost net category | Financial instruments credit-impaired
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	1,784,601
Transfer (from) to 12 month expected credit losses	(5,429)
Transfer (from) to lifetime expected credit losses	(64,723)
Transfer (from) to credit- impaired financial assets	2,133,585
Origination	315,389
Collection	(1,008,819)
Charge off	(851,397)
Disposal	(582,491)
Others	(23,752)
Ending balance	1,696,964
Other | 12-month expected credit losses
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	31,599,203
Transfer (from) to 12 month expected credit losses	28,028
Transfer (from) to lifetime expected credit losses	(51,596)
Transfer (from) to credit- impaired financial assets	(22,162)
Origination	30,085,141
Collection	(30,207,574)
Charge off	0
Disposal	0
Others	77,654
Ending balance	31,508,694
Other | Lifetime expected credit losses
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	456,538
Transfer (from) to 12 month expected credit losses	(28,024)
Transfer (from) to lifetime expected credit losses	51,607
Transfer (from) to credit- impaired financial assets	(2,986)
Origination	27,251
Collection	(410,559)
Charge off	0
Disposal	(495)
Others	6,129
Ending balance	99,461
Other | Financial instruments credit-impaired
Changes in loans at amortized cost and other assets [Line Items]
Beginning balance	23,243
Transfer (from) to 12 month expected credit losses	(4)
Transfer (from) to lifetime expected credit losses	(11)
Transfer (from) to credit- impaired financial assets	25,148
Origination	21,930
Collection	(4,236)
Charge off	(20,984)
Disposal	(13,083)
Others	0
Ending balance	₩ 32,003

Changes in allowances for credi

Changes in allowances for credit loss of loans at amortized cost and other assets (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		₩ 2,938,866
Transfer (from) to 12 month expected credit losses		0
Transfer (from) to lifetime expected credit losses		0
Transfer (from) to credit- impaired financial assets		0
Provided (reversed)	[1]	728,585
Charge off		(872,381)
Discount		(20,778)
Disposal		(63,320)
Collection		313,095
Others	[1]	(227,378)
Ending balance		2,796,689	₩ 2,938,866
Loans at amortized cost net category | 12-month expected credit losses
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		730,613
Transfer (from) to 12 month expected credit losses		115,780
Transfer (from) to lifetime expected credit losses		(61,415)
Transfer (from) to credit- impaired financial assets		(2,509)
Provided (reversed)		23,662
Charge off		0
Discount		0
Disposal		(636)
Collection		0
Others		(74,495)
Ending balance		731,000	730,613
Loans at amortized cost net category | Lifetime expected credit losses
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		1,088,259
Transfer (from) to 12 month expected credit losses		(114,614)
Transfer (from) to lifetime expected credit losses		103,502
Transfer (from) to credit- impaired financial assets		(40,729)
Provided (reversed)		159,565
Charge off		0
Discount		0
Disposal		(374)
Collection		0
Others		(167,687)
Ending balance		1,027,922	1,088,259
Loans at amortized cost net category | Financial instruments credit-impaired
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		1,053,114
Transfer (from) to 12 month expected credit losses		(1,166)
Transfer (from) to lifetime expected credit losses		(42,087)
Transfer (from) to credit- impaired financial assets		43,238
Provided (reversed)		521,288
Charge off		(851,397)
Discount		(20,778)
Disposal		(59,567)
Collection		311,280
Others		12,221
Ending balance		966,146	1,053,114
Other
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Provided (reversed)	[1]		15,672
Disposal			16
Collection			1,591
Others	[1]		(379)
Other | 12-month expected credit losses
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		39,048
Transfer (from) to 12 month expected credit losses		581
Transfer (from) to lifetime expected credit losses		(212)
Transfer (from) to credit- impaired financial assets		(94)
Provided (reversed)		(1,998)
Charge off		0
Discount		0
Disposal		0
Collection		0
Others		2,602
Ending balance		39,927	39,048
Other | Lifetime expected credit losses
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		7,666
Transfer (from) to 12 month expected credit losses		(578)
Transfer (from) to lifetime expected credit losses		222
Transfer (from) to credit- impaired financial assets		(2,209)
Provided (reversed)		1,775
Charge off		0
Discount		0
Disposal		(7)
Collection		0
Others		61
Ending balance		6,930	7,666
Other | Financial instruments credit-impaired
Changes in the allowance for credit losses of Loans at amortized cost and other financial assets [Line Items]
Beginning balance		20,166
Transfer (from) to 12 month expected credit losses		(3)
Transfer (from) to lifetime expected credit losses		(10)
Transfer (from) to credit- impaired financial assets		2,303
Provided (reversed)		24,293
Charge off		(20,984)
Discount		0
Disposal		(2,736)
Collection		1,815
Others		(80)
Ending balance		₩ 24,764	₩ 20,166
[1]	As the accounting for the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

Changes in deferred loan origin

Changes in deferred loan origination costs and fees (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Changes in deferred loan origination costs [Abstract]
Beginning balance	[1]	₩ 434,746
Loan origination		235,032	₩ 178,890
Amortization		(172,410)	(141,669)
Ending balance		₩ 497,368	₩ 434,746	[1]
[1]	The beginning balance for 2018 was restated in accordance with IFRS 9.

Loans (Details)

Loans (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Loans [Abstract]
Household loans	₩ 120,832,081	₩ 111,590,777
Corporate loans	152,164,476	139,989,642
Public and other loans	2,831,026	2,297,631
Loans to banks	3,585,563	2,969,784
Card receivables	22,447,614	20,640,857
Loans Receivable, Gross, Total		277,488,691
Discount	(23,588)	(44,936)
Deferred loan origination costs and fees		432,615	₩ 395,394
Loans Receivable before Allowance for credit losses, Total		277,876,370
Allowance for credit losses	₩ (2,725,068)	(2,310,604)
Loans Receivable, Net, Total		₩ 275,565,766

Changes in the allowance for cr

Changes in the allowance for credit losses (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Changes in the allowance for credit losses [Line Items]
Provision for (reversal of) allowance	[1]	₩ 728,585
Effect of discounting		(20,778)
Disposal		(63,320)
Recoveries		313,095
Others	[1]	(227,378)
Loans and other
Changes in the allowance for credit losses [Line Items]
Beginning balance		2,374,337	₩ 2,427,691
Provision for (reversal of) allowance	[1]		815,249
Write-offs			(994,006)
Effect of discounting			(23,316)
Disposal			(63,075)
Recoveries			312,633
Others	[1]		(100,839)
Ending balance			2,374,337
Loans
Changes in the allowance for credit losses [Line Items]
Beginning balance		2,310,604	2,360,795
Provision for (reversal of) allowance	[1]		799,577
Write-offs			(973,943)
Effect of discounting			(23,316)
Disposal			(63,091)
Recoveries			311,042
Others	[1]		(100,460)
Ending balance			2,310,604
Other
Changes in the allowance for credit losses [Line Items]
Beginning balance		₩ 63,733	66,896
Provision for (reversal of) allowance	[1]		15,672
Write-offs			(20,063)
Disposal			16
Recoveries			1,591
Others	[1]		(379)
Ending balance			₩ 63,733
[1]	As the accounting for the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

Changes in deferred loan orig_2

Changes in deferred loan origination costs and fees (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in deferred loan origination costs and fees [Abstract]
Beginning balance	₩ 432,615	₩ 395,394
Loan origination	235,032	178,890
Amortization	₩ (172,410)	(141,669)
Ending balance		₩ 432,615

Securities at fair value thro_3

Securities at fair value through other comprehensive income and securities at amortized cost (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	₩ 38,314,170
Securities at amortized cost	28,478,136
Debt securities
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	37,677,645
Securities at amortized cost	28,478,136
Government
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	8,975,391
Securities at amortized cost	18,000,454
Financial institutions
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	17,341,330
Securities at amortized cost	2,171,623
Corporate bonds and others
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	11,360,924
Securities at amortized cost	8,306,059
Equity securities
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	636,525
Stocks
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	630,010
Equity investments
Securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Securities at fair value through other comprehensive income	₩ 6,515

Changes in carrying value of se

Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Financial assets at fair value through other comprehensive income
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Beginning balance	₩ 36,657,807
Transfer to other type of measurement, carrying value	0
Orgination	27,037,290
Disposal	(7,201,030)
Repayment	(19,338,938)
Others	522,516
Ending balance	37,677,645
Financial assets at fair value through other comprehensive income | 12-month expected credit losses
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Beginning balance	36,641,928
Transfer to other type of measurement, carrying value	(26,187)
Orgination	26,938,512
Disposal	(7,182,343)
Repayment	(19,338,938)
Others	538,842
Ending balance	37,571,814
Financial assets at fair value through other comprehensive income | Lifetime expected credit losses
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Beginning balance	15,879
Transfer to other type of measurement, carrying value	26,187
Orgination	98,778
Disposal	(18,687)
Repayment	0
Others	(16,326)
Ending balance	105,831
Securities at amortized cost
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Beginning balance	24,424,867
Transfer to other type of measurement, carrying value	0
Orgination	5,836,342
Disposal	0
Repayment	(1,607,470)
Others	(166,343)
Ending balance	28,487,396
Securities at amortized cost | 12-month expected credit losses
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Beginning balance	24,403,423
Transfer to other type of measurement, carrying value	0
Orgination	5,836,342
Disposal	0
Repayment	(1,607,467)
Others	(167,377)
Ending balance	28,464,921
Securities at amortized cost | Lifetime expected credit losses
Changes in carrying value of securities at fair value through other comprehensive income and securities at amortized cost [Line Items]
Beginning balance	21,444
Transfer to other type of measurement, carrying value	0
Orgination	0
Disposal	0
Repayment	(3)
Others	1,034
Ending balance	₩ 22,475

Changes in allowance for credit

Changes in allowance for credit loss of securities at fair value through other comprehensive income and securities at amortized cost (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Financial assets at fair value through other comprehensive income
Changes in the allowance for credit losses [Line Items]
Beginning balance	₩ 18,976
Transfer to other type of measurement, allowance	0
Provided (reversed)	12,066
Disposal	(5,480)
Others	522
Ending balance	26,084
Financial assets at fair value through other comprehensive income | 12-month expected credit losses
Changes in the allowance for credit losses [Line Items]
Beginning balance	17,038
Transfer to other type of measurement, allowance	(234)
Provided (reversed)	15,286
Disposal	(5,251)
Others	(1,117)
Ending balance	25,722
Financial assets at fair value through other comprehensive income | Lifetime expected credit losses
Changes in the allowance for credit losses [Line Items]
Beginning balance	1,938
Transfer to other type of measurement, allowance	234
Provided (reversed)	(3,220)
Disposal	(229)
Others	1,639
Ending balance	362
Securities at amortized cost
Changes in the allowance for credit losses [Line Items]
Beginning balance	8,559
Transfer to other type of measurement, allowance	0
Provided (reversed)	2,400
Disposal	0
Others	(1,699)
Ending balance	9,260
Securities at amortized cost | 12-month expected credit losses
Changes in the allowance for credit losses [Line Items]
Beginning balance	6,327
Transfer to other type of measurement, allowance	0
Provided (reversed)	4,615
Disposal	0
Others	(1,699)
Ending balance	9,243
Securities at amortized cost | Lifetime expected credit losses
Changes in the allowance for credit losses [Line Items]
Beginning balance	2,232
Transfer to other type of measurement, allowance	0
Provided (reversed)	(2,215)
Disposal	0
Others	0
Ending balance	₩ 17

Gain or loss on disposal of sec

Gain or loss on disposal of securities at fair value through other comprehensive income and securities at amortized cost (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Gain or loss on disposal of financial assets at fair value through other comprehensive income and securities at amortized cost [Abstract]
Gain on disposal of financial assets at fair value through other comprehensive income	₩ 28,018
Loss on disposal of financial assets at fair value through other comprehensive income	(7,464)
Net loss on disposal of securities at amortized cost	(9)
Total	₩ 20,545

Income or loss on equity securi

Income or loss on equity securities at fair value through other comprehensive income (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Income or loss on equity securities at fair value through other comprehensive income [Abstract]
Fair value at the date of disposal	₩ 3,285
Cumulative net profit at the time of disposal	₩ (3,635)

Available-for-sale financial _3

Available-for-sale financial assets and held-to-maturity financial assets (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	₩ 42,116,937
Held-to-maturity financial assets	24,990,680
Debt securities
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	37,186,552
Held-to-maturity financial assets	24,990,680
Government
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	7,570,104
Held-to-maturity financial assets	15,164,133
Financial institutions
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	17,649,694
Held-to-maturity financial assets	2,708,148
Corporate bonds and others
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	11,966,754
Held-to-maturity financial assets	7,118,399
Equity securities
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	4,930,385
Stocks
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	1,026,666
Equity investments
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	749,818
Beneficiary certificates
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	3,126,851
Others
Available-for-sale financial assets and held-to-maturity financial assets [Line Items]
Available-for-sale financial assets	₩ 27,050

Gain or loss on sale of availab

Gain or loss on sale of available-for-sale financial assets (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Gain or loss on sale of available-for-sale financial assets [Abstract]
Gain on disposal of available-for-sale financial assets	₩ 529,411	₩ 707,134
Loss on disposal of available-for-sale financial assets	(30,224)	(59,593)
Total	₩ 499,187	₩ 647,541

Property and equipment, net (De

Property and equipment, net (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Disclosure of Property and equipment, net [Line Items]
Land	₩ 1,827,711	₩ 1,819,912
Buildings	852,569	883,421
Others	323,606	318,439
Acquisition cost
Disclosure of Property and equipment, net [Line Items]
Land	1,827,711	1,819,912
Buildings	1,173,888	1,158,661
Others	2,002,755	1,958,787
Accumulated depreciation
Disclosure of Property and equipment, net [Line Items]
Land	0	0
Buildings	(321,319)	(275,240)
Others	₩ (1,679,149)	₩ (1,640,348)

Changes in property and equipme

Changes in property and equipment (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Schedule of Changes in property and equipment [Line Items]
Beginning balance		₩ 3,021,772	₩ 3,145,613
Acquisitions	[1]	150,889	155,249
Disposals	[1]	(30,716)	(9,007)
Depreciation		(171,771)	(173,541)
Impairment losses		0	(16)	₩ (2,204)
Amounts transferred from investment property		28,199	(91,782)
Amounts transferred from assets held for sale	[2]	(80)	(5,336)
Effects of foreign currency movements		5,593	592
Ending balance		3,003,886	3,021,772	3,145,613
Land
Schedule of Changes in property and equipment [Line Items]
Beginning balance		1,819,912	1,885,233
Acquisitions	[1]	33	1,460
Disposals	[1]	(17,735)	(5,487)
Depreciation		0	0
Impairment losses		0	0
Amounts transferred from investment property		23,972	(59,263)
Amounts transferred from assets held for sale	[2]	(32)	(1,815)
Effects of foreign currency movements		1,561	(216)
Ending balance		1,827,711	1,819,912	1,885,233
Buildings
Schedule of Changes in property and equipment [Line Items]
Beginning balance		883,421	941,043
Acquisitions	[1]	14,612	24,354
Disposals	[1]	(3,282)	(357)
Depreciation		(47,207)	(44,285)
Impairment losses		0	0
Amounts transferred from investment property		4,227	(32,519)
Amounts transferred from assets held for sale	[2]	(48)	(3,521)
Effects of foreign currency movements		846	(1,294)
Ending balance		852,569	883,421	941,043
Others
Schedule of Changes in property and equipment [Line Items]
Beginning balance		318,439	319,337
Acquisitions	[1]	136,244	129,435
Disposals	[1]	(9,699)	(3,163)
Depreciation		(124,564)	(129,256)
Impairment losses		0	(16)
Amounts transferred from investment property		0	0
Amounts transferred from assets held for sale	[2]	0	0
Effects of foreign currency movements		3,186	2,102
Ending balance		₩ 323,606	₩ 318,439	₩ 319,337
[1]	The buildings increased by transfers from construction-in-progress as of December 31, 2017 and 2018 are KRW 14,285 million and KRW 6,319 million, respectively.
[2]	Included buildings, land.

Insured assets (Details)

Insured assets (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Cash and cash equivalent (Including ATM)
Insured assets [Line Items]
Amount covered	₩ 23,200
Type of insurance	Comprehensive insurance for financial institutions
Insurance company	Samsung Fire & Marine Insurance Co., Ltd.,etc.
General asset risk
Insured assets [Line Items]
Amount covered	₩ 1,328,969
Type of insurance	Comprehensive Property insurance
Insurance company	Samsung Fire & Marine Insurance Co., Ltd., etc.
Furniture and fixtures
Insured assets [Line Items]
Amount covered	₩ 70,351
Type of insurance	Fire insurance
Insurance company	Meritz Fire & Marine Insurance Co., Ltd., etc.
Directors' and officers' liabilities
Insured assets [Line Items]
Amount covered	₩ 50,000
Type of insurance	Compensation liability insurance for officers
Insurance company	Meritz Fire & Marine Insurance Co., Ltd., etc.
Employees
Insured assets [Line Items]
Amount covered	₩ 32,743
Type of insurance	Compensation liability insurance for employee accident
Insurance company	Meritz Fire & Marine Insurance Co., Ltd., etc.
Cash and securities
Insured assets [Line Items]
Amount covered	₩ 18,195
Type of insurance	Burglary insurance
Insurance company	Samsung Fire & Marine Insurance Co., Ltd., etc.
Securities, Fidelity guarantee and liability insurance and others
Insured assets [Line Items]
Amount covered	₩ 80,724
Type of insurance	Others
Insurance company	Samsung Fire & Marine Insurance Co., Ltd.,etc.

Intangible assets, net (Details

Intangible assets, net (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Intangible assets, net [Abstract]
Goodwill	₩ 3,903,518	₩ 3,901,260	₩ 3,873,060
Software	102,393	83,829	94,261
Development cost	82,536	75,322	56,563
Other	231,687	212,910	202,628
Intangible assets, net	₩ 4,320,134	₩ 4,273,321	₩ 4,226,512

Changes in intangible assets (D

Changes in intangible assets (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in intangible assets [Line Items]
Beginning balance	₩ 4,273,321	₩ 4,226,512
Acquisitions	163,740	124,714
Business combination	2,258	43,455
Disposals	(13,331)	(12,922)
Impairment	(1,068)	(180)
Amortization	(107,179)	(108,449)
Effects of foreign currency movements	2,393	191
Ending balance	4,320,134	4,273,321
Goodwill
Changes in intangible assets [Line Items]
Beginning balance	3,901,260	3,873,060
Acquisitions	0	0
Business combination	2,258	28,200
Disposals	0	0
Impairment	0	0
Amortization	0	0
Effects of foreign currency movements	0	0
Ending balance	3,903,518	3,901,260
Software
Changes in intangible assets [Line Items]
Beginning balance	83,829	94,261
Acquisitions	56,009	27,354
Business combination	0	0
Disposals	(334)	(21)
Impairment	0	0
Amortization	(40,792)	(38,095)
Effects of foreign currency movements	3,681	330
Ending balance	102,393	83,829
Development cost
Changes in intangible assets [Line Items]
Beginning balance	75,322	56,563
Acquisitions	38,230	40,378
Business combination	0	0
Disposals	(5,880)	0
Impairment	(706)	(206)
Amortization	(24,430)	(21,413)
Effects of foreign currency movements	0	0
Ending balance	82,536	75,322
Other
Changes in intangible assets [Line Items]
Beginning balance	212,910	202,628
Acquisitions	69,501	56,982
Business combination	0	15,255
Disposals	(7,117)	(12,901)
Impairment	(362)	26
Amortization	(41,957)	(48,941)
Effects of foreign currency movements	(1,288)	(139)
Ending balance	₩ 231,687	₩ 212,910

Goodwill allocated in the Group

Goodwill allocated in the Group's CGUs (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Goodwill
Goodwill allocated in the Group's CGUs [Line Items]
Goodwill allocated in the Group's CGUs	₩ 3,903,518	₩ 3,901,260
Banking
Goodwill allocated in the Group's CGUs [Line Items]
Goodwill allocated in the Group's CGUs	810,058	810,058
Credit card
Goodwill allocated in the Group's CGUs [Line Items]
Goodwill allocated in the Group's CGUs	2,773,231	2,773,231
Securities
Goodwill allocated in the Group's CGUs [Line Items]
Goodwill allocated in the Group's CGUs	7,904	5,646
Life insurance
Goodwill allocated in the Group's CGUs [Line Items]
Goodwill allocated in the Group's CGUs	275,371	275,371
Others
Goodwill allocated in the Group's CGUs [Line Items]
Goodwill allocated in the Group's CGUs	₩ 36,954	₩ 36,954

Changes in goodwill (Details)

Changes in goodwill (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Changes in Goodwill [Abstract]
Beginning balance		₩ 3,901,260	₩ 3,873,060
Acquisitions through business combinations	[1]	2,258	28,200
Ending balance		₩ 3,903,518	₩ 3,901,260
[1]	Goodwill recognized as a result of the acquisition of the business by Shinhan Financial Investment Co., Ltd.

Total recoverable amount and to

Total recoverable amount and total carrying value of CGUs to which goodwill has been allocated, are as follows (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Total Recoverable Amount And Total Carrying Value Of CGUs To Which Goodwill Has Been Allocated, Are As Follows [Abstract]
Total recoverable amount	₩ 42,291,637
Total carrying value	37,775,928
Difference	₩ 4,515,709

Investments in associates (Deta

Investments in associates (Details)	12 Months Ended
	Dec. 31, 2018
BNP Paribas Cardif Life Insurance
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	14.99%
Ownership at ending of period	14.99%
Daewontos Co., Ltd.
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	36.33%
Ownership at ending of period	36.33%
Neoplux Technology Valuation Investment Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	33.33%
Ownership at ending of period	33.33%
JAEYOUNG SOLUTEC CO., LTD.
Investments in associates [Line Items]
Country	Korea
Ownership at beginning of period	9.61%
Partners 4th Growth Investment Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	25.00%
Ownership at ending of period	25.00%
Songrim Partners
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	35.34%
Ownership at ending of period	35.34%
KTB Newlake Global Healthcare PEF
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	30.00%
Ownership at ending of period	30.00%
JAEYANG INDUSTRY
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	25.90%
Ownership at ending of period	25.90%
Chungyoung INC
Investments in associates [Line Items]
Country	Korea
Ownership at beginning of period	18.94%
DAEKWANG SEMICONDUCTOR CO., LTD.
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	20.94%
Ownership at ending of period	20.94%
Shinhan-Neoplux Energy Newbiz Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	23.33%
Ownership at ending of period	23.33%
Shinhan-Albatross Tech Investment Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	50.00%
Ownership at ending of period	50.00%
Asia Pacific No.39 Ship Investment Co., Ltd.
Investments in associates [Line Items]
Country	Korea
Ownership at beginning of period	50.00%
KCLAVIS Meister Fund No.17
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	26.09%
Ownership at ending of period	26.09%
SG No.9 Corporate Recovery Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	26.49%
Ownership at ending of period	26.49%
Plutus-SG Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	26.67%
Ownership at ending of period	26.67%
SG ARGES Private Equity Fund No.1
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	24.06%
Ownership at ending of period	24.06%
OST Progress- 2 Fund
Investments in associates [Line Items]
Country	Korea
Ownership at beginning of period	27.62%
Eum Private Equity Fund No.3
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	20.76%
Ownership at ending of period	20.76%
Richmond Private Yong in Retail Facility Real Estate Fund No.1
Investments in associates [Line Items]
Country	Korea
Ownership at beginning of period	41.80%
KTB Confidence Private Placement
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	30.29%
Ownership at ending of period	30.29%
Meritz AI-SingA330-A Investment Type Private Placement Special Asset Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	23.89%
Ownership at ending of period	23.89%
Meritz AI-SingA330-B Investment Type Private Placement Special Asset Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	20.16%
Ownership at ending of period	20.16%
Pine Asia Unsecured Individual Rehabilitation Bond Fund 18
Investments in associates [Line Items]
Country	Korea
Ownership at beginning of period	22.86%
VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	20.00%
Ownership at ending of period	20.00%
Platform Partners brick save Private Investment trust
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	98.77%
Ownership at ending of period	98.77%
Synergy-Shinhan Mezzanine New Technology Investment Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	47.62%
Ownership at ending of period	47.62%
The Asia Pacific Capital Fund II L.P.
Investments in associates [Line Items]
Country	Cayman Islands
Reporting date	Dec. 31, 2018
Ownership at beginning of period	25.18%
Ownership at ending of period	25.18%
Shinhan Praxis K-Growth Global Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	18.87%
Ownership at ending of period	18.87%
Credian Healthcare Private Equity Fund II
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	34.07%
Ownership at ending of period	34.07%
Kiwoom Milestone Professional Private Real Estate Trust 19
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	50.00%
Ownership at ending of period	50.00%
AIP EUROGREEN Private Real Estate Investment Trust No.3
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	21.28%
Ownership at ending of period	21.28%
Brain Professional Private Trust No.4
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	27.49%
Ownership at ending of period	27.50%
Hanhwa US Equity Strategy Private Real Estate Fund No.1
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	44.84%
Ownership at ending of period	44.84%
Brain KS Qualified Privately Placed Fund No.6
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	50.00%
Ownership at ending of period	50.00%
M360 CRE Income Fund
Investments in associates [Line Items]
Country	U.S.A
Ownership at beginning of period	57.87%
Shinhan Global Healthcare Fund 1
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	4.41%
Ownership at ending of period	4.41%
JB Power TL Investment Type Private Placement Special Asset Fund 7
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	33.33%
Ownership at ending of period	33.33%
IBK AONE convertible 1
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	47.25%
Ownership at ending of period	47.25%
Rico synergy collabo Multi-Mezzanine 3
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	50.00%
Ownership at ending of period	50.03%
KB NA Hickory Private Special Asset Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	37.50%
Ownership at ending of period	37.50%
GB Professional Private Investment Trust 6
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	94.51%
Ownership at ending of period	94.51%
Koramco Europe Core Private Placement Real Estate Fund No.2-2
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	48.49%
Ownership at ending of period	44.02%
SHBNPP Private Korea Equity Long-Short Professional Feeder
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	9.85%
Ownership at ending of period	21.52%
Shinhan-Stonebridge Petro PEF
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	1.82%
Ownership at ending of period	1.82%
BNP Paribas Cardif General Insurance
Investments in associates [Line Items]
Country	Korea
Reporting date	Sep. 30, 2018
Ownership at beginning of period	10.00%
Ownership at ending of period	10.00%
Axis Global Growth New Technology Investment Association
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	31.85%
Ownership at ending of period	31.85%
Polaris No7 Start up and Venture Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	28.57%
Ownership at ending of period	28.57%
Hermes Private Investment Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at beginning of period	29.17%
Ownership at ending of period	29.17%
Shinhan AIM FoF Fund 1a
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	24.91%
Daishin Heim Qualified Investor Private Investment Trust No.1808
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	34.48%
Heungkuk High Class Professional Trust Private Fund 37
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	50.00%
IGIS Global Credit Fund 150-1
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	25.11%
GX SHINHAN INTERVEST 1st Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	25.27%
Soo Commerce Platform Growth Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	24.62%
Partner One Value up I Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	27.91%
Genesis No.1 Private Equity Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	22.80%
GMB ICT New Technology Investment Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	26.75%
Soo Delivery Platform Growth Fund
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	30.00%
Genesis North America Power Company No.1 PEF
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	39.92%
SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3
Investments in associates [Line Items]
Country	Korea
Reporting date	Dec. 31, 2018
Ownership at ending of period	23.33%

Changes in investments in assoc

Changes in investments in associates (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	₩ 631,294	₩ 353,600
Investment and Dividend	17,617	282,744
Equity method income (loss)	17,488	20,393	₩ 9,995
Change in other comprehensive income	10,780	(25,299)
Impairment loss	(5,849)	(144)	₩ (7,339)
Investments in associates	671,330	631,294
Associates
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	631,294	353,600
Investment and Dividend	17,617	282,744
Equity method income (loss)	17,488	20,393
Change in other comprehensive income	10,780	(25,299)
Impairment loss	(5,849)	(144)
Investments in associates	671,330	631,294
BNP Paribas Cardif Life Insurance
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	52,616	60,213
Investment and Dividend	(2,043)	(255)
Equity method income (loss)	783	3,682
Change in other comprehensive income	(1,540)	(11,024)
Impairment loss	0	0
Investments in associates	49,816	52,616
Aju Capital Co., Ltd.
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	40,836
Investment and Dividend	0	(42,022)
Equity method income (loss)	0	438
Change in other comprehensive income	0	748
Impairment loss	0	0
Investments in associates	0	0
Daewontos Co., Ltd.
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	0	0
Equity method income (loss)	0	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	0	0
Songrim Partners
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	48
Investment and Dividend	0
Equity method income (loss)	(48)
Change in other comprehensive income	0
Impairment loss	0
Investments in associates	0
Neoplux Technology Valuation Investment Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	13,470	7,526
Investment and Dividend	6,000	3,890
Equity method income (loss)	(242)	1,564
Change in other comprehensive income	(490)	490
Impairment loss	0	0
Investments in associates	18,738	13,470
JAEYOUNG SOLUTEC CO., LTD.
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	3,849	5,736
Investment and Dividend	(2,865)	0
Equity method income (loss)	(836)	(2,009)
Change in other comprehensive income	(148)	122
Impairment loss	0	0
Investments in associates		3,849
Partners 4th Growth Investment Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	13,390	4,555
Investment and Dividend	2,597	9,220
Equity method income (loss)	625	(385)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	16,612	13,390
JAEYANG INDUSTRY
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	0	0
Equity method income (loss)	0	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	0	0
Chungyoung INC
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	0	0
Equity method income (loss)	0	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates		0
KTB Newlake Global Healthcare PEF
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	2,653
Investment and Dividend	7,470
Equity method income (loss)	(238)
Change in other comprehensive income	0
Impairment loss	0
Investments in associates	9,885
DAEKWANG SEMICONDUCTOR CO., LTD.
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	3,824	4,776
Investment and Dividend	0	0
Equity method income (loss)	(490)	(952)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	3,334	3,824
Dream High Fund III
Changes in investments in associates [Line Items]
Investments in associates at beginning of period		3,144
Investment and Dividend		0
Equity method income (loss)		(109)
Change in other comprehensive income		(830)
Impairment loss		0
Investments in associates		2,205
Shinhan-Neoplux Energy Newbiz Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	1,400
Investment and Dividend	2,800
Equity method income (loss)	(226)
Change in other comprehensive income	0
Impairment loss	0
Investments in associates	3,974
Shinhan-Albatross Tech Investment Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	2,672
Investment and Dividend	6,000
Equity method income (loss)	(70)
Change in other comprehensive income	306
Impairment loss	0
Investments in associates	8,908
Asia Pacific No.39 Ship Investment Co., Ltd.
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,682	5,176
Investment and Dividend	(4,803)	(802)
Equity method income (loss)	121	300
Change in other comprehensive income	0	8
Impairment loss	0	0
Investments in associates		4,682
KCLAVIS Meister Fund No.17
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	3,039	2,989
Investment and Dividend	0	0
Equity method income (loss)	44	50
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	3,083	3,039
SG No.9 Corporate Recovery Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	3,963	3,982
Investment and Dividend	(3,102)	(192)
Equity method income (loss)	566	173
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	1,427	3,963
Plutus-SG Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,251	4,299
Investment and Dividend	(132)	(132)
Equity method income (loss)	133	84
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	4,252	4,251
SG ARGES Private Equity Fund No.1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	6,422	8,976
Investment and Dividend	(2,295)	(2,754)
Equity method income (loss)	214	200
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	4,341	6,422
OST Progress- 2 Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,895	1,460
Investment and Dividend	(4,895)	3,500
Equity method income (loss)	0	(65)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates		4,895
Eum Private Equity Fund No.3
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,925	5,933
Investment and Dividend	(277)	(1,362)
Equity method income (loss)	241	354
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	4,889	4,925
Richmond Private Yong in Retail Facility Real Estate Fund No.1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	8,101	0
Investment and Dividend	(10,286)	7,223
Equity method income (loss)	2,185	878
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates		8,101
KTB Confidence Private Placement
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	6,403	0
Investment and Dividend	(389)	4,927
Equity method income (loss)	387	377
Change in other comprehensive income	(1,099)	1,099
Impairment loss	0	0
Investments in associates	5,302	6,403
Meritz AI-SingA330-A Investment Type Private Placement Special Asset Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	6,757	0
Investment and Dividend	(1,518)	6,504
Equity method income (loss)	193	457
Change in other comprehensive income	0	(204)
Impairment loss	0	0
Investments in associates	5,432	6,757
Meritz AI-SingA330-B Investment Type Private Placement Special Asset Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	8,387	0
Investment and Dividend	(305)	8,012
Equity method income (loss)	347	628
Change in other comprehensive income	0	(253)
Impairment loss	0	0
Investments in associates	8,429	8,387
Pine Asia Unsecured Individual Rehabilitation Bond Fund 18
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	6,012	0
Investment and Dividend	(6,035)	5,867
Equity method income (loss)	23	145
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates		6,012
VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	1,638
Investment and Dividend	3,060
Equity method income (loss)	133
Change in other comprehensive income	0
Impairment loss	0
Investments in associates	4,831
Platform Partners brick save Private Investment trust
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	8,069	0
Investment and Dividend	(496)	7,877
Equity method income (loss)	547	192
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	8,120	8,069
Synergy-Shinhan Mezzanine New Technology Investment Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,999	0
Investment and Dividend	5,000	5,000
Equity method income (loss)	150	(1)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	10,149	4,999
The Asia Pacific Capital Fund II L.P.
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	7,307	11,579
Investment and Dividend	(3,004)	454
Equity method income (loss)	(656)	(901)
Change in other comprehensive income	2,602	(3,825)
Impairment loss	(5,849)	0
Investments in associates	400	7,307
Shinhan Praxis K-Growth Global Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	18,954	13,533
Investment and Dividend	(7,473)	6,415
Equity method income (loss)	5,046	(1,590)
Change in other comprehensive income	0	596
Impairment loss	0	0
Investments in associates	16,527	18,954
Credian Healthcare Private Equity Fund II
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	3,813	4,087
Investment and Dividend	0	0
Equity method income (loss)	740	7
Change in other comprehensive income	0	(281)
Impairment loss	0	0
Investments in associates	4,553	3,813
Kiwoom Milestone Professional Private Real Estate Trust 19
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	10,408	10,761
Investment and Dividend	(199)	(222)
Equity method income (loss)	210	(131)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	10,419	10,408
FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3
Changes in investments in associates [Line Items]
Investments in associates at beginning of period		21,237
Investment and Dividend		(841)
Equity method income (loss)		641
Change in other comprehensive income		(577)
Impairment loss		0
Investments in associates		20,460
AIP EUROGREEN Private Real Estate Investment Trust No.3
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	20,460
Investment and Dividend	(1,253)
Equity method income (loss)	1,337
Change in other comprehensive income	0
Impairment loss	0
Investments in associates	20,544
Brain Professional Private Trust No.4
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	5,847	5,316
Investment and Dividend	(1,274)	0
Equity method income (loss)	671	529
Change in other comprehensive income	0	2
Impairment loss	0	0
Investments in associates	5,244	5,847
Hanhwa US Equity Strategy Private Real Estate Fund No.1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	25,479	25,764
Investment and Dividend	(2,000)	(1,859)
Equity method income (loss)	2,753	1,591
Change in other comprehensive income	0	(17)
Impairment loss	0	0
Investments in associates	26,232	25,479
Brain KS Qualified Privately Placed Fund No.6
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,805	4,896
Investment and Dividend	0	0
Equity method income (loss)	292	(78)
Change in other comprehensive income	0	(13)
Impairment loss	0	0
Investments in associates	5,097	4,805
M360 CRE Income Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	153,905	23,167
Investment and Dividend	(171,215)	132,768
Equity method income (loss)	6,183	9,270
Change in other comprehensive income	11,127	(11,300)
Impairment loss	0	0
Investments in associates		153,905
Shinhan Global Healthcare Fund 1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	3,407	0
Investment and Dividend	0	3,440
Equity method income (loss)	(122)	(33)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	3,285	3,407
JB Power TL Investment Type Private Placement Special Asset Fund 7
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	18,690	0
Investment and Dividend	(2,075)	18,268
Equity method income (loss)	869	422
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	17,484	18,690
IBK AONE convertible 1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	5,122	0
Investment and Dividend	0	5,000
Equity method income (loss)	784	122
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	5,906	5,122
Rico synergy collabo Multi-Mezzanine 3
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	5,026	0
Investment and Dividend	0	5,001
Equity method income (loss)	264	25
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	5,290	5,026
KB NA Hickory Private Special Asset Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	34,091	0
Investment and Dividend	(1,560)	33,362
Equity method income (loss)	1,829	729
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	34,360	34,091
GB Professional Private Investment Trust 6
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	8,600	0
Investment and Dividend	0	8,600
Equity method income (loss)	(12)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	8,588	8,600
Koramco Europe Core Private Placement Real Estate Fund No.2-2
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	20,760	0
Investment and Dividend	(2,357)	21,408
Equity method income (loss)	213	(648)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	18,616	20,760
SHBNPP Private Korea Equity Long-Short Professional Feeder
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,861	14,180
Investment and Dividend	9,412	(9,972)
Equity method income (loss)	97	653
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	14,370	4,861
SHBNPP Private Multi Strategy Professional Feeder No.1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	5,014
Investment and Dividend	0	(5,049)
Equity method income (loss)	0	35
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	0	0
Shinhan-Stonebridge Petro PEF
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	19,201	18,487
Investment and Dividend	(1,133)	0
Equity method income (loss)	613	714
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	18,681	19,201
BNP Paribas Cardif General Insurance
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,429	2,584
Investment and Dividend	0	2,750
Equity method income (loss)	(1,026)	(910)
Change in other comprehensive income	20	5
Impairment loss	0	0
Investments in associates	3,423	4,429
Axis Global Growth New Technology Investment Association
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,953	0
Investment and Dividend	0	5,000
Equity method income (loss)	(78)	(47)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	4,875	4,953
Polaris No7 Start up and Venture Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	4,359	0
Investment and Dividend	0	4,400
Equity method income (loss)	(21)	(41)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	4,338	4,359
Hermes Private Investment Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	17,497	0
Investment and Dividend	(5,158)	17,500
Equity method income (loss)	(5,274)	(3)
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	7,065	17,497
Shinhan AIM FoF Fund 1a
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	4,125	0
Equity method income (loss)	226	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	4,351
Daishin Heim Qualified Investor Private Investment Trust No.1808
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	9,786	0
Equity method income (loss)	340	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	10,126
Heungkuk High Class Professional Trust Private Fund 37
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	9,178	0
Equity method income (loss)	260	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	9,438
IGIS Global Credit Fund 150-1
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	8,529	0
Equity method income (loss)	367	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	8,896
GX SHINHAN INTERVEST 1st Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	34,900	0
Equity method income (loss)	(3,069)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	31,831
Soo Commerce Platform Growth Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	6,500	0
Equity method income (loss)	(122)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	6,378
Partner One Value up I Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	12,000	0
Equity method income (loss)	(61)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	11,939
Genesis No.1 Private Equity Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	46,068	0
Equity method income (loss)	(310)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	45,758
GMB ICT New Technology Investment Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	8,000	0
Equity method income (loss)	(66)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	7,934
Soo Delivery Platform Growth Fund
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	9,000	0
Equity method income (loss)	(17)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	8,983
Genesis North America Power Company No.1 PEF
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	21,592	0
Equity method income (loss)	(768)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	20,824
SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	0	0
Investment and Dividend	6,300	0
Equity method income (loss)	(96)	0
Change in other comprehensive income	0	0
Impairment loss	0	0
Investments in associates	6,204
Others
Changes in investments in associates [Line Items]
Investments in associates at beginning of period		33,394
Investment and Dividend		21,820
Equity method income (loss)		4,036
Change in other comprehensive income		(45)
Impairment loss		(144)
Investments in associates		₩ 59,061
Others
Changes in investments in associates [Line Items]
Investments in associates at beginning of period	52,855
Investment and Dividend	37,442
Equity method income (loss)	1,550
Change in other comprehensive income	2
Investments in associates	₩ 91,849

Condensed statement of financia

Condensed statement of financial position and comprehensive income information of associates (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Associates
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	₩ 6,938,272	₩ 6,959,834
Liabilities	3,777,413	4,060,572
Operating revenue	263,615	387,704
Net profit (loss)	28,857	63,065
Other comprehensive income	(14,753)	(79,898)
Total Comprehensive Income	14,103	(16,833)
BNP Paribas Cardif Life Insurance
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	3,995,746	4,133,674
Liabilities	3,662,567	3,781,688
Operating revenue	53,756	78,010
Net profit (loss)	5,191	24,230
Other comprehensive income	(10,268)	(73,495)
Total Comprehensive Income	(5,077)	(49,265)
Daewontos Co., Ltd.
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	400	400
Liabilities	2,492	2,492
Songrim Partners
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	2,288
Liabilities	2,311
Operating revenue	1,898
Net profit (loss)	(164)
Total Comprehensive Income	(164)
Neoplux Technology Valuation Investment Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	57,018	40,692
Liabilities	804	283
Operating revenue	390	5,895
Net profit (loss)	(724)	4,691
Other comprehensive income	(1,969)	1,471
Total Comprehensive Income	(2,693)	6,162
JAEYOUNG SOLUTEC CO., LTD.
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		157,009
Liabilities		137,916
Operating revenue		142,228
Net profit (loss)		(22,756)
Other comprehensive income		2,764
Total Comprehensive Income		(19,992)
Partners 4th Growth Investment Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	67,403	53,944
Liabilities	954	383
Operating revenue	4,424	137
Net profit (loss)	3,025	(1,540)
Total Comprehensive Income	3,025	(1,540)
JAEYANG INDUSTRY
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	2,146	2,146
Liabilities	4,717	4,717
Chungyoung INC
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		3,292
Liabilities		8,392
Operating revenue		5,568
Net profit (loss)		(693)
Total Comprehensive Income		(693)
KTB Newlake Global Healthcare PEF
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	32,508
Liabilities	123
Operating revenue	69
Net profit (loss)	(793)
Total Comprehensive Income	(793)
DAEKWANG SEMICONDUCTOR CO., LTD.
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	25,459	29,069
Liabilities	9,537	10,806
Operating revenue	15,794	13,929
Net profit (loss)	(2,341)	(4,549)
Total Comprehensive Income	(2,341)	(4,549)
Dream High Fund III
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		4,076
Liabilities		34
Operating revenue		27
Net profit (loss)		(200)
Other comprehensive income		(1,522)
Total Comprehensive Income		(1,722)
Shinhan-Neoplux Energy Newbiz Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	17,347
Liabilities	315
Operating revenue	19
Net profit (loss)	(968)
Total Comprehensive Income	(968)
Shinhan-Albatross Tech Investment Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	18,009
Liabilities	182
Operating revenue	299
Net profit (loss)	(435)
Other comprehensive income	917
Total Comprehensive Income	482
Asia Pacific No.39 Ship Investment Co., Ltd.
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		9,389
Liabilities		27
Operating revenue		666
Net profit (loss)		616
Other comprehensive income		32
Total Comprehensive Income		648
KCLAVIS Meister Fund No.17
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	11,866	11,694
Liabilities	47	42
Operating revenue	398	425
Net profit (loss)	167	194
Total Comprehensive Income	167	194
SG No.9 Corporate Recovery Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	5,566	15,035
Liabilities	181	76
Operating revenue		(157)
Net profit (loss)	2,136	652
Total Comprehensive Income	2,136	652
Plutus-SG Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	16,012	16,009
Liabilities	69	69
Operating revenue	778	317
Net profit (loss)	499	316
Total Comprehensive Income	499	316
SG ARGES Private Equity Fund No.1
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	18,085	26,758
Liabilities	46	69
Operating revenue		(351)
Net profit (loss)	888	832
Total Comprehensive Income	888	832
OST Progress- 2 Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		17,829
Liabilities		107
Operating revenue		(234)
Net profit (loss)		(234)
Total Comprehensive Income		(234)
Eum Private Equity Fund No.3
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	23,552	23,725
Liabilities	5	5
Operating revenue	1,667	1,614
Net profit (loss)	1,311	1,649
Total Comprehensive Income	1,311	1,649
Richmond Private Yong in Retail Facility Real Estate Fund No.1
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		48,006
Liabilities		28,624
Operating revenue		2,265
Net profit (loss)		2,100
Total Comprehensive Income		2,100
KTB Confidence Private Placement
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	38,559	42,230
Liabilities	21,054	21,090
Operating revenue	506	1,604
Net profit (loss)	256	1,242
Other comprehensive income	(3,629)	3,629
Total Comprehensive Income	(3,373)	4,871
Meritz AI-SingA330-A Investment Type Private Placement Special Asset Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	22,739	28,286
Liabilities	1	1
Operating revenue	1,451	1,914
Net profit (loss)	62	1,913
Other comprehensive income		(856)
Total Comprehensive Income	62	1,057
Meritz AI-SingA330-B Investment Type Private Placement Special Asset Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	41,809	41,599
Liabilities	2	1
Operating revenue	3,027	3,117
Net profit (loss)	1,044	3,116
Other comprehensive income		(1,257)
Total Comprehensive Income	1,044	1,859
Pine Asia Unsecured Individual Rehabilitation Bond Fund 18
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		26,316
Liabilities		14
Operating revenue		648
Net profit (loss)		634
Total Comprehensive Income		634
VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	24,174
Liabilities	15
Operating revenue	3,046
Net profit (loss)	1,165
Total Comprehensive Income	1,165
Platform Partners brick save Private Investment trust
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	8,286	8,441
Liabilities	64	271
Operating revenue	809	207
Net profit (loss)	763	194
Total Comprehensive Income	763	194
Synergy-Shinhan Mezzanine New Technology Investment Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	21,312	10,500
Liabilities		3
Operating revenue	553
Net profit (loss)	331	(3)
Total Comprehensive Income	331	(3)
The Asia Pacific Capital Fund II L.P.
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	1,674	29,103
Liabilities	86	88
Operating revenue	1
Net profit (loss)	(25,828)	(3,582)
Other comprehensive income		(10,269)
Total Comprehensive Income	(25,828)	(13,851)
Shinhan Praxis K-Growth Global Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	87,897	100,805
Liabilities	307	353
Operating revenue	31,059	7,273
Net profit (loss)	26,381	(8,428)
Other comprehensive income		3,156
Total Comprehensive Income	26,381	(5,272)
Credian Healthcare Private Equity Fund II
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	13,408	11,236
Liabilities	47	47
Operating revenue	2,364	211
Net profit (loss)	2,171	19
Other comprehensive income		(823)
Total Comprehensive Income	2,171	(804)
Kiwoom Milestone Professional Private Real Estate Trust 19
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	57,678	57,405
Liabilities	36,839	36,589
Operating revenue	3,383	2,742
Net profit (loss)	422	(262)
Total Comprehensive Income	422	(262)
FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		97,203
Liabilities		1,066
Operating revenue		5,851
Net profit (loss)		3,012
Other comprehensive income		(2,713)
Total Comprehensive Income		299
AIP EUROGREEN Private Real Estate Investment Trust No.3
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	96,624
Liabilities	86
Operating revenue	18,700
Net profit (loss)	6,287
Total Comprehensive Income	6,287
Brain Professional Private Trust No.4
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	19,113	21,369
Liabilities	46	105
Operating revenue	4,306	2,942
Net profit (loss)	2,435	1,925
Total Comprehensive Income	2,435	1,925
Hanhwa US Equity Strategy Private Real Estate Fund No.1
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	58,575	56,898
Liabilities	77	78
Operating revenue	10,098	11,562
Net profit (loss)	6,139	3,549
Other comprehensive income		(37)
Total Comprehensive Income	6,139	3,512
Brain KS Qualified Privately Placed Fund No.6
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	10,089	9,639
Liabilities		28
Operating revenue	812	3
Net profit (loss)	477	(110)
Other comprehensive income		(72)
Total Comprehensive Income	477	(182)
M360 CRE Income Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets		265,945
Operating revenue		7
Net profit (loss)		14,179
Total Comprehensive Income		14,179
Shinhan Global Healthcare Fund 1
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	74,409	77,166
Operating revenue	4	3
Net profit (loss)	(2,757)	(757)
Total Comprehensive Income	(2,757)	(757)
JB Power TL Investment Type Private Placement Special Asset Fund 7
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	52,627	56,125
Liabilities	174	53
Operating revenue	9,878	7,115
Net profit (loss)	2,607	1,267
Total Comprehensive Income	2,607	1,267
IBK AONE convertible 1
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	12,807	10,840
Liabilities	307
Operating revenue	2,042	279
Net profit (loss)	1,660	258
Total Comprehensive Income	1,660	258
Rico synergy collabo Multi-Mezzanine 3
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	10,736	10,054
Liabilities	161	3
Operating revenue	686	371
Net profit (loss)	529	50
Total Comprehensive Income	529	50
KB NA Hickory Private Special Asset Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	91,694	90,978
Liabilities	67	67
Operating revenue	9,601	11,092
Net profit (loss)	4,877	1,945
Total Comprehensive Income	4,877	1,945
GB Professional Private Investment Trust 6
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	9,088	9,101
Liabilities	1	1
Operating revenue	1	1
Net profit (loss)	(13)
Total Comprehensive Income	(13)
Koramco Europe Core Private Placement Real Estate Fund No.2-2
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	44,491	44,886
Liabilities	2,202	2,074
Operating revenue	6,470	2,503
Net profit (loss)	878	(1,337)
Total Comprehensive Income	878	(1,337)
SHBNPP Private Korea Equity Long-Short Professional Feeder
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	77,465	54,029
Liabilities	10,728	4,733
Operating revenue	18,729	28,956
Net profit (loss)	728	9,356
Total Comprehensive Income	728	9,356
Shinhan-Stonebridge Petro PEF
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	1,025,884	1,056,401
Liabilities	807	2,740
Operating revenue	36,968	39,170
Net profit (loss)	33,616	39,170
Total Comprehensive Income	33,616	39,170
BNP Paribas Cardif General Insurance
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	51,211	59,699
Liabilities	16,986	15,405
Operating revenue	10,972	10,093
Net profit (loss)	(10,264)	(9,294)
Other comprehensive income	196	94
Total Comprehensive Income	(10,069)	(9,200)
Axis Global Growth New Technology Investment Association
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	15,308	15,553
Operating revenue	1	(147)
Net profit (loss)	(245)	(147)
Total Comprehensive Income	(245)	(147)
Polaris No7 Start up and Venture Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	15,193	15,280
Liabilities	10	22
Operating revenue		(142)
Net profit (loss)	(75)	(142)
Total Comprehensive Income	(75)	(142)
Hermes Private Investment Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	24,233	60,000
Liabilities	8	10
Operating revenue	6	(10)
Net profit (loss)	(18,025)	(10)
Total Comprehensive Income	(18,025)	₩ (10)
Shinhan AIM FoF Fund 1a
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	17,478
Liabilities	11
Operating revenue	3,004
Net profit (loss)	342
Total Comprehensive Income	342
Daishin Heim Qualified Investor Private Investment Trust No.1808
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	29,770
Liabilities	405
Operating revenue	806
Net profit (loss)	741
Total Comprehensive Income	741
Heungkuk High Class Professional Trust Private Fund 37
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	20,523
Liabilities	1,646
Operating revenue	1,045
Net profit (loss)	1,005
Total Comprehensive Income	1,005
IGIS Global Credit Fund 150-1
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	35,453
Liabilities	27
Operating revenue	3,457
Net profit (loss)	214
Total Comprehensive Income	214
GX SHINHAN INTERVEST 1st Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	125,954
Operating revenue	6
Net profit (loss)	(12,146)
Total Comprehensive Income	(12,146)
Soo Commerce Platform Growth Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	25,905
Liabilities	3
Net profit (loss)	(497)
Total Comprehensive Income	(497)
Partner One Value up I Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	42,776
Operating revenue	326
Net profit (loss)	(224)
Total Comprehensive Income	(224)
Genesis No.1 Private Equity Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	201,103
Liabilities	434
Net profit (loss)	(1,360)
Total Comprehensive Income	(1,360)
GMB ICT New Technology Investment Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	29,657
Operating revenue	3
Net profit (loss)	(242)
Total Comprehensive Income	(242)
Soo Delivery Platform Growth Fund
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	29,946
Liabilities	2
Net profit (loss)	(56)
Total Comprehensive Income	(56)
Genesis North America Power Company No.1 PEF
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	52,393
Liabilities	223
Operating revenue	1
Net profit (loss)	(1,922)
Total Comprehensive Income	(1,922)
SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3
Condensed statement of financial position and comprehensive income information of associates [Line Items]
Assets	26,826
Liabilities	237
Operating revenue	2
Net profit (loss)	(411)
Total Comprehensive Income	₩ (411)

Reconciliation of the financial

Reconciliation of the financial information to the carrying value of its interests in the associates (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Investments in associates	₩ 671,330	₩ 631,294
Associates
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	3,476,038	3,116,300
Interests in the net assets (A*B)	669,496	626,181
Intra-group transactions	(136)	(147)
Other reconciliations	1,970	5,260
Investments in associates	671,330	631,294
BNP Paribas Cardif Life Insurance
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 333,179	₩ 351,986
Proportion of ownership interest in associate (B)	14.99%	14.99%
Interests in the net assets (A*B)	₩ 49,952	₩ 52,763
Intra-group transactions	(136)	(147)
Investments in associates	49,816	52,616
Daewontos Co., Ltd.
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ (2,092)	₩ (2,092)
Proportion of ownership interest in associate (B)	36.33%	36.33%
Interests in the net assets (A*B)	₩ (760)	₩ (760)
Other reconciliations	760	760
Investments in associates	0	₩ 0
Songrim Partners
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ (23)
Proportion of ownership interest in associate (B)	35.34%	35.34%
Interests in the net assets (A*B)	₩ (8)
Other reconciliations	8
Investments in associates	0
Neoplux Technology Valuation Investment Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 56,214	₩ 40,409
Proportion of ownership interest in associate (B)	33.33%	33.33%
Interests in the net assets (A*B)	₩ 18,738	₩ 13,470
Investments in associates	18,738	13,470
JAEYOUNG SOLUTEC CO., LTD.
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 17,484
Proportion of ownership interest in associate (B)		9.61%
Interests in the net assets (A*B)		₩ 1,680
Other reconciliations		2,169
Investments in associates		3,849
Partners 4th Growth Investment Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 66,449	₩ 53,561
Proportion of ownership interest in associate (B)	25.00%	25.00%
Interests in the net assets (A*B)	₩ 16,612	₩ 13,390
Investments in associates	16,612	13,390
JAEYANG INDUSTRY
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ (2,571)	₩ (2,571)
Proportion of ownership interest in associate (B)	25.90%	25.90%
Interests in the net assets (A*B)	₩ (666)	₩ (666)
Other reconciliations	666	666
Investments in associates	0	0
Chungyoung INC
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ (5,100)
Proportion of ownership interest in associate (B)		18.94%
Interests in the net assets (A*B)		₩ (966)
Other reconciliations		966
Investments in associates		₩ 0
KTB Newlake Global Healthcare PEF
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 32,385
Proportion of ownership interest in associate (B)	30.00%	30.00%
Interests in the net assets (A*B)	₩ 9,715
Other reconciliations	170
Investments in associates	9,885
DAEKWANG SEMICONDUCTOR CO., LTD.
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 15,922	₩ 18,263
Proportion of ownership interest in associate (B)	20.94%	20.94%
Interests in the net assets (A*B)	₩ 3,334	₩ 3,824
Investments in associates	3,334	3,824
Dream High Fund III
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 4,042
Proportion of ownership interest in associate (B)		54.55%
Interests in the net assets (A*B)		₩ 2,205
Investments in associates		₩ 2,205
Shinhan-Neoplux Energy Newbiz Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 17,032
Proportion of ownership interest in associate (B)	23.33%	23.33%
Interests in the net assets (A*B)	₩ 3,974
Investments in associates	3,974
Shinhan-Albatross Tech Investment Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 17,827
Proportion of ownership interest in associate (B)	50.00%	50.00%
Interests in the net assets (A*B)	₩ 8,908
Investments in associates	8,908
Asia Pacific No.39 Ship Investment Co., Ltd.
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 9,362
Proportion of ownership interest in associate (B)		50.00%
Interests in the net assets (A*B)		₩ 4,682
Investments in associates		4,682
KCLAVIS Meister Fund No.17
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 11,819	₩ 11,652
Proportion of ownership interest in associate (B)	26.09%	26.09%
Interests in the net assets (A*B)	₩ 3,083	₩ 3,039
Investments in associates	3,083	3,039
SG No.9 Corporate Recovery Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 5,385	₩ 14,959
Proportion of ownership interest in associate (B)	26.49%	26.49%
Interests in the net assets (A*B)	₩ 1,427	₩ 3,963
Investments in associates	1,427	3,963
Plutus-SG Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 15,943	₩ 15,940
Proportion of ownership interest in associate (B)	26.67%	26.67%
Interests in the net assets (A*B)	₩ 4,252	₩ 4,251
Investments in associates	4,252	4,251
SG ARGES Private Equity Fund No.1
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 18,039	₩ 26,689
Proportion of ownership interest in associate (B)	24.06%	24.06%
Interests in the net assets (A*B)	₩ 4,341	₩ 6,422
Investments in associates	4,341	6,422
OST Progress- 2 Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 17,722
Proportion of ownership interest in associate (B)		27.62%
Interests in the net assets (A*B)		₩ 4,895
Investments in associates		4,895
Eum Private Equity Fund No.3
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 23,547	₩ 23,720
Proportion of ownership interest in associate (B)	20.76%	20.76%
Interests in the net assets (A*B)	₩ 4,889	₩ 4,925
Investments in associates	4,889	4,925
Richmond Private Yong in Retail Facility Real Estate Fund No.1
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 19,382
Proportion of ownership interest in associate (B)		41.80%
Interests in the net assets (A*B)		₩ 8,101
Investments in associates		8,101
KTB Confidence Private Placement
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 17,505	₩ 21,140
Proportion of ownership interest in associate (B)	30.29%	30.29%
Interests in the net assets (A*B)	₩ 5,302	₩ 6,403
Investments in associates	5,302	6,403
Meritz AI-SingA330-A Investment Type Private Placement Special Asset Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 22,738	₩ 28,285
Proportion of ownership interest in associate (B)	23.89%	23.89%
Interests in the net assets (A*B)	₩ 5,432	₩ 6,757
Investments in associates	5,432	6,757
Meritz AI-SingA330-B Investment Type Private Placement Special Asset Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 41,807	₩ 41,598
Proportion of ownership interest in associate (B)	20.16%	20.16%
Interests in the net assets (A*B)	₩ 8,429	₩ 8,387
Investments in associates	8,429	8,387
Pine Asia Unsecured Individual Rehabilitation Bond Fund 18
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 26,302
Proportion of ownership interest in associate (B)		22.86%
Interests in the net assets (A*B)		₩ 6,012
Investments in associates		₩ 6,012
VOGO DEBT STRATEGY QUALIFIED INV PRIVATE R/E INV TR 4
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 24,159
Proportion of ownership interest in associate (B)	20.00%	20.00%
Interests in the net assets (A*B)	₩ 4,831
Investments in associates	4,831
Platform Partners brick save Private Investment trust
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 8,222	₩ 8,170
Proportion of ownership interest in associate (B)	98.77%	98.77%
Interests in the net assets (A*B)	₩ 8,120	₩ 8,069
Investments in associates	8,120	8,069
Synergy-Shinhan Mezzanine New Technology Investment Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 21,312	₩ 10,497
Proportion of ownership interest in associate (B)	47.62%	47.62%
Interests in the net assets (A*B)	₩ 10,149	₩ 4,999
Investments in associates	10,149	4,999
The Asia Pacific Capital Fund II L.P.
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 1,588	₩ 29,015
Proportion of ownership interest in associate (B)	25.18%	25.18%
Interests in the net assets (A*B)	₩ 400	₩ 7,307
Investments in associates	400	7,307
Shinhan Praxis K-Growth Global Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 87,590	₩ 100,452
Proportion of ownership interest in associate (B)	18.87%	18.87%
Interests in the net assets (A*B)	₩ 16,527	₩ 18,954
Investments in associates	16,527	18,954
Credian Healthcare Private Equity Fund II
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 13,361	₩ 11,189
Proportion of ownership interest in associate (B)	34.07%	34.07%
Interests in the net assets (A*B)	₩ 4,553	₩ 3,813
Investments in associates	4,553	3,813
Kiwoom Milestone Professional Private Real Estate Trust 19
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 20,839	₩ 20,816
Proportion of ownership interest in associate (B)	50.00%	50.00%
Interests in the net assets (A*B)	₩ 10,419	₩ 10,408
Investments in associates	10,419	10,408
FG EURO GREEN PRIVATE REAL ESTATE TRUST No.3
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 96,137
Proportion of ownership interest in associate (B)		21.28%
Interests in the net assets (A*B)		₩ 20,460
Investments in associates		₩ 20,460
AIP EUROGREEN Private Real Estate Investment Trust No.3
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 96,538
Proportion of ownership interest in associate (B)	21.28%	21.28%
Interests in the net assets (A*B)	₩ 20,544
Investments in associates	20,544
Brain Professional Private Trust No.4
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 19,067	₩ 21,264
Proportion of ownership interest in associate (B)	27.50%	27.49%
Interests in the net assets (A*B)	₩ 5,244	₩ 5,847
Investments in associates	5,244	5,847
Hanhwa US Equity Strategy Private Real Estate Fund No.1
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 58,498	₩ 56,820
Proportion of ownership interest in associate (B)	44.84%	44.84%
Interests in the net assets (A*B)	₩ 26,232	₩ 25,479
Investments in associates	26,232	25,479
Brain KS Qualified Privately Placed Fund No.6
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 10,089	₩ 9,611
Proportion of ownership interest in associate (B)	50.00%	50.00%
Interests in the net assets (A*B)	₩ 5,097	₩ 4,805
Investments in associates	5,097	4,805
M360 CRE Income Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		₩ 265,945
Proportion of ownership interest in associate (B)		57.87%
Interests in the net assets (A*B)		₩ 153,905
Investments in associates		153,905
Shinhan Global Healthcare Fund 1
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 74,409	₩ 77,166
Proportion of ownership interest in associate (B)	4.41%	4.41%
Interests in the net assets (A*B)	₩ 3,285	₩ 3,407
Investments in associates	3,285	3,407
JB Power TL Investment Type Private Placement Special Asset Fund 7
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 52,453	₩ 56,072
Proportion of ownership interest in associate (B)	33.33%	33.33%
Interests in the net assets (A*B)	₩ 17,484	₩ 18,690
Investments in associates	17,484	18,690
IBK AONE convertible 1
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 12,500	₩ 10,840
Proportion of ownership interest in associate (B)	47.25%	47.25%
Interests in the net assets (A*B)	₩ 5,906	₩ 5,122
Investments in associates	5,906	5,122
Rico synergy collabo Multi-Mezzanine 3
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 10,575	₩ 10,051
Proportion of ownership interest in associate (B)	50.03%	50.00%
Interests in the net assets (A*B)	₩ 5,290	₩ 5,026
Investments in associates	5,290	5,026
KB NA Hickory Private Special Asset Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 91,627	₩ 90,911
Proportion of ownership interest in associate (B)	37.50%	37.50%
Interests in the net assets (A*B)	₩ 34,360	₩ 34,091
Investments in associates	34,360	34,091
GB Professional Private Investment Trust 6
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 9,087	₩ 9,100
Proportion of ownership interest in associate (B)	94.51%	94.51%
Interests in the net assets (A*B)	₩ 8,588	₩ 8,600
Investments in associates	8,588	8,600
Koramco Europe Core Private Placement Real Estate Fund No.2-2
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 42,289	₩ 42,812
Proportion of ownership interest in associate (B)	44.02%	48.49%
Interests in the net assets (A*B)	₩ 18,616	₩ 20,760
Investments in associates	18,616	20,760
SHBNPP Private Korea Equity Long-Short Professional Feeder
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 66,737	₩ 49,296
Proportion of ownership interest in associate (B)	21.52%	9.85%
Interests in the net assets (A*B)	₩ 14,370	₩ 4,861
Investments in associates	14,370	4,861
Shinhan-Stonebridge Petro PEF
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 1,025,077	₩ 1,053,661
Proportion of ownership interest in associate (B)	1.82%	1.82%
Interests in the net assets (A*B)	₩ 18,681	₩ 19,201
Investments in associates	18,681	19,201
BNP Paribas Cardif General Insurance
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 34,225	₩ 44,294
Proportion of ownership interest in associate (B)	10.00%	10.00%
Interests in the net assets (A*B)	₩ 3,423	₩ 4,429
Investments in associates	3,423	4,429
Axis Global Growth New Technology Investment Association
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 15,308	₩ 15,553
Proportion of ownership interest in associate (B)	31.85%	31.85%
Interests in the net assets (A*B)	₩ 4,875	₩ 4,953
Investments in associates	4,875	4,953
Polaris No7 Start up and Venture Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 15,183	₩ 15,258
Proportion of ownership interest in associate (B)	28.57%	28.57%
Interests in the net assets (A*B)	₩ 4,338	₩ 4,359
Investments in associates	4,338	4,359
Hermes Private Investment Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 24,225	₩ 59,990
Proportion of ownership interest in associate (B)	29.17%	29.17%
Interests in the net assets (A*B)	₩ 7,065	₩ 17,497
Investments in associates	7,065	17,497
Shinhan AIM FoF Fund 1a
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 17,467
Proportion of ownership interest in associate (B)	24.91%
Interests in the net assets (A*B)	₩ 4,351
Investments in associates	4,351
Daishin Heim Qualified Investor Private Investment Trust No.1808
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 29,365
Proportion of ownership interest in associate (B)	34.48%
Interests in the net assets (A*B)	₩ 10,126
Investments in associates	10,126
Heungkuk High Class Professional Trust Private Fund 37
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 18,877
Proportion of ownership interest in associate (B)	50.00%
Interests in the net assets (A*B)	₩ 9,438
Investments in associates	9,438
IGIS Global Credit Fund 150-1
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 35,426
Proportion of ownership interest in associate (B)	25.11%
Interests in the net assets (A*B)	₩ 8,896
Investments in associates	8,896
GX SHINHAN INTERVEST 1st Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 125,954
Proportion of ownership interest in associate (B)	25.27%
Interests in the net assets (A*B)	₩ 31,831
Investments in associates	31,831
Soo Commerce Platform Growth Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 25,902
Proportion of ownership interest in associate (B)	24.62%
Interests in the net assets (A*B)	₩ 6,378
Investments in associates	6,378
Partner One Value up I Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 42,776
Proportion of ownership interest in associate (B)	27.91%
Interests in the net assets (A*B)	₩ 11,939
Investments in associates	11,939
Genesis No.1 Private Equity Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 200,669
Proportion of ownership interest in associate (B)	22.80%
Interests in the net assets (A*B)	₩ 45,758
Investments in associates	45,758
GMB ICT New Technology Investment Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 29,657
Proportion of ownership interest in associate (B)	26.75%
Interests in the net assets (A*B)	₩ 7,934
Investments in associates	7,934
Soo Delivery Platform Growth Fund
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 29,944
Proportion of ownership interest in associate (B)	30.00%
Interests in the net assets (A*B)	₩ 8,983
Investments in associates	8,983
Genesis North America Power Company No.1 PEF
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 52,170
Proportion of ownership interest in associate (B)	39.92%
Interests in the net assets (A*B)	₩ 20,824
Investments in associates	20,824
SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	₩ 26,589
Proportion of ownership interest in associate (B)	23.33%
Interests in the net assets (A*B)	₩ 6,204
Investments in associates	6,204
Others
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)		218,647
Interests in the net assets (A*B)		58,362
Intra-group transactions		0
Other reconciliations		699
Investments in associates		₩ 59,061
Others
Reconciliation of the financial information to the carrying value of its interests in the associates [Line Items]
Net Assets (A)	315,179
Interests in the net assets (A*B)	91,483
Other reconciliations	366
Investments in associates	₩ 91,849

Unrecognized equity method loss

Unrecognized equity method losses and cumulative unrecognized equity method losses (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Unrecognized equity method losses and cumulative unrecognized equity method losses [Line Items]
Unrecognized equity method losses	₩ (8)
Cumulative unrecognized equity method losses	(786)
Associates
Unrecognized equity method losses and cumulative unrecognized equity method losses [Line Items]
Unrecognized equity method losses	(8)	₩ (130)
Cumulative unrecognized equity method losses	(786)	(908)
Daewontos Co., Ltd.
Unrecognized equity method losses and cumulative unrecognized equity method losses [Line Items]
Unrecognized equity method losses	0	0
Cumulative unrecognized equity method losses	(760)	(760)
JAEYANG INDUSTRY
Unrecognized equity method losses and cumulative unrecognized equity method losses [Line Items]
Unrecognized equity method losses	0	0
Cumulative unrecognized equity method losses	(18)	(18)
Chungyoung INC
Unrecognized equity method losses and cumulative unrecognized equity method losses [Line Items]
Unrecognized equity method losses	0	(130)
Cumulative unrecognized equity method losses	0	₩ (130)
Songrim Partners
Unrecognized equity method losses and cumulative unrecognized equity method losses [Line Items]
Unrecognized equity method losses	(8)
Cumulative unrecognized equity method losses	₩ (8)

Investment properties, net (Det

Investment properties, net (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Investment properties, net [Line Items]
Investment properties, net	₩ 474,820	₩ 418,303	₩ 353,175
Acquisition cost
Investment properties, net [Line Items]
Investment properties, net	579,852	508,784
Accumulated depreciation
Investment properties, net [Line Items]
Investment properties, net	₩ (105,032)	₩ (90,481)

Changes in investment propertie

Changes in investment properties (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes in investment properties [Abstract]
Beginning balance	₩ 418,303	₩ 353,175
Acquisitions	115,333	2,125
Disposals	(13,608)	(6,277)
Depreciation	(16,917)	(16,095)	₩ (19,588)
Amounts transferred from (to) property and equipment	(28,199)	91,782
Amounts transferred to assets held for sale	0	(6,306)
Foreign currency adjustment	(92)	(101)
Ending balance	₩ 474,820	₩ 418,303	₩ 353,175

Income and expenses on investme

Income and expenses on investment property (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income and expenses on investment property [Abstract]
Rental income	₩ 32,488	₩ 33,023	₩ 27,852
Direct operating expenses for investment properties that generated rental income	₩ 12,191	₩ 10,998	₩ 9,384

The fair value of investment pr

The fair value of investment property (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The fair value of investment property [Abstract]
Land and buildings	₩ 1,121,985	₩ 1,027,830

Other assets, net (Details)

Other assets, net (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Other assets, net [Abstract]
Accounts receivable	₩ 7,666,217	₩ 6,295,129
Domestic exchange settlement debit	6,121,332	2,973,751
Guarantee deposits	1,152,434	1,158,693
Present value discount	(44,694)	(50,170)
Accrued income	1,896,822	1,624,992
Prepaid expense	194,040	163,727
Suspense payments	73,153	63,486
Sundry assets	92,221	53,034
Separate account assets	2,650,302	3,040,534
Advance payments	616,996	219,861
Unamortized deferred acquisition cost	786,134	888,262
Other	423,759	170,338
Allowances for impairment	(56,798)	(49,679)
Total Other Assets	₩ 21,571,918	₩ 16,551,958

Finance lease receivables of th

Finance lease receivables of the Group as lessor (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Finance lease receivables of the Group as lessor [Line Items]
Gross investment	₩ 1,918,527	₩ 1,880,918
Unearned finance income	191,704	163,542
Present value of minimum lease payment	1,726,823	1,717,376
Not later than 1 year
Finance lease receivables of the Group as lessor [Line Items]
Gross investment	595,427	688,358
Unearned finance income	85,333	76,677
Present value of minimum lease payment	510,094	611,681
1~5 years
Finance lease receivables of the Group as lessor [Line Items]
Gross investment	1,306,571	1,176,334
Unearned finance income	106,333	86,280
Present value of minimum lease payment	1,200,238	1,090,054
Later than 5 years
Finance lease receivables of the Group as lessor [Line Items]
Gross investment	16,529	16,226
Unearned finance income	38	585
Present value of minimum lease payment	₩ 16,491	₩ 15,641

The scheduled maturities of min

The scheduled maturities of minimum lease payments for finance and operating leases of the Group as lessor (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The scheduled maturities of minimum lease payments for finance leases of the Group as lessor [Line Items]
Minimum lease payment	₩ 1,918,527	₩ 1,880,918
Present Value Adjustment	191,704	163,542
Present value of minimum lease payment	1,726,823	1,717,376
Not later than 1 year
The scheduled maturities of minimum lease payments for finance leases of the Group as lessor [Line Items]
Minimum lease payment	595,427	688,358
Present Value Adjustment	85,333	76,677
Present value of minimum lease payment	510,094	611,681
1~5 years
The scheduled maturities of minimum lease payments for finance leases of the Group as lessor [Line Items]
Minimum lease payment	1,306,571	1,176,334
Present Value Adjustment	106,333	86,280
Present value of minimum lease payment	1,200,238	1,090,054
Later than 5 years
The scheduled maturities of minimum lease payments for finance leases of the Group as lessor [Line Items]
Minimum lease payment	16,529	16,226
Present Value Adjustment	38	585
Present value of minimum lease payment	₩ 16,491	₩ 15,641

Scheduled maturities of minimum

Scheduled maturities of minimum lease payments of the Group as lessor (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Scheduled maturities of minimum lease payments of the Group as lessor [Line Items]
Minimum lease payment	₩ 274,854	₩ 108,231
Not later than 1 year
Scheduled maturities of minimum lease payments of the Group as lessor [Line Items]
Minimum lease payment	94,540	37,455
1~5 years
Scheduled maturities of minimum lease payments of the Group as lessor [Line Items]
Minimum lease payment	180,304	70,764
Later than 5 years
Scheduled maturities of minimum lease payments of the Group as lessor [Line Items]
Minimum lease payment	₩ 10	₩ 12

Future minimum lease payments u

Future minimum lease payments under non-cancellable operating lease of the Group as lessee (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Future minimum lease payments under non-cancellable operating lease of the Group as lessee [Line Items]
Minimum lease payment	₩ 610,091	₩ 609,037
Not later than 1 year
Future minimum lease payments under non-cancellable operating lease of the Group as lessee [Line Items]
Minimum lease payment	204,323	247,815
1~5 years
Future minimum lease payments under non-cancellable operating lease of the Group as lessee [Line Items]
Minimum lease payment	382,620	328,482
Later than 5 years
Future minimum lease payments under non-cancellable operating lease of the Group as lessee [Line Items]
Minimum lease payment	₩ 23,148	₩ 32,740

Assets pledged as collateral (D

Assets pledged as collateral (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Collateral pledged
Assets pledged as collateral [Line Items]
Assets pledged as collateral	₩ 25,340,891	₩ 27,483,376
Loans
Assets pledged as collateral [Line Items]
Assets pledged as collateral		99,158
Loans at amortized cost
Assets pledged as collateral [Line Items]
Assets pledged as collateral	129,210
Securities
Assets pledged as collateral [Line Items]
Assets pledged as collateral		25,725,072
Financial assets at fair value through profit or loss
Assets pledged as collateral [Line Items]
Assets pledged as collateral	11,533,107
Financial assets at fair value through other comprehensive income
Assets pledged as collateral [Line Items]
Assets pledged as collateral	1,372,746
Securities at amortized cost
Assets pledged as collateral [Line Items]
Assets pledged as collateral	10,670,253
Trading assets
Assets pledged as collateral [Line Items]
Assets pledged as collateral		12,660,710
Financial assets designated at FVTPL(IAS39)
Assets pledged as collateral [Line Items]
Assets pledged as collateral		587,380
Available-for-sale financial assets
Assets pledged as collateral [Line Items]
Assets pledged as collateral		1,968,870
Held-to-maturity financial assets
Assets pledged as collateral [Line Items]
Assets pledged as collateral		10,508,112
Deposits
Assets pledged as collateral [Line Items]
Assets pledged as collateral		1,501,661
Deposits at amortized cost
Assets pledged as collateral [Line Items]
Assets pledged as collateral	1,481,085
Real estate
Assets pledged as collateral [Line Items]
Assets pledged as collateral	₩ 154,490	₩ 157,485

Fair value of collateral held t

Fair value of collateral held that the Group has the right to sell or repledge regardless of pledger's default (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Fair value of collateral held that the Group has the right to sell or repledge regardless of pledger's default [Abstract]
Securities pledged as collateral	₩ 7,342,239	₩ 8,779,621
Securities received as collateral	₩ 5,190,387	₩ 3,749,516

Deposits (Details)

Deposits (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deposits [Abstract]
Demand deposits	₩ 106,160,833	₩ 102,928,642
Time deposits	139,644,763	129,483,260
Negotiable certificates of deposits	9,247,088	7,583,365
Note discount deposits	4,087,530	3,423,459
Cash management account deposits	4,084,709	4,197,146
Other deposits	1,775,267	1,803,352
Deposits, Total	₩ 265,000,190	₩ 249,419,224

Financial liabilities at fair_3

Financial liabilities at fair value through profit or loss (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Financial liabilities at fair value through profit or loss [Line Items]
Financial liabilities at fair value through profit or loss	₩ 1,420,306
Securities sold
Financial liabilities at fair value through profit or loss [Line Items]
Financial liabilities at fair value through profit or loss	961,372
Stocks
Financial liabilities at fair value through profit or loss [Line Items]
Financial liabilities at fair value through profit or loss	488,873
Municipal bonds
Financial liabilities at fair value through profit or loss [Line Items]
Financial liabilities at fair value through profit or loss	440,382
Other securities
Financial liabilities at fair value through profit or loss [Line Items]
Financial liabilities at fair value through profit or loss	32,117
Gold deposits
Financial liabilities at fair value through profit or loss [Line Items]
Financial liabilities at fair value through profit or loss	₩ 458,934

Trading liabilities (Details)

Trading liabilities (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Trading liabilities [Line Items]
Trading liabilities	₩ 1,848,490
Trading liabilities
Trading liabilities [Line Items]
Trading liabilities	1,848,490
Securities sold
Trading liabilities [Line Items]
Trading liabilities	1,413,904
Stocks
Trading liabilities [Line Items]
Trading liabilities	495,019
Municipal bonds
Trading liabilities [Line Items]
Trading liabilities	871,884
Other securities
Trading liabilities [Line Items]
Trading liabilities	47,001
Gold deposits
Trading liabilities [Line Items]
Trading liabilities	₩ 434,586

Financial liabilities designa_5

Financial liabilities designated at fair value through profit or loss (IFRS9) (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)	[1]
Financial liabilities designated at fair value through profit or loss (IFRS9) [Line Items]
Financial liabilities designated at fair value through profit or loss (IFRS9)	₩ 8,535,800
Financial liabilities designated at fair value through profit or loss (IFRS9)
Financial liabilities designated at fair value through profit or loss (IFRS9) [Line Items]
Financial liabilities designated at fair value through profit or loss (IFRS9)	8,535,800
Equity-linked securities sold
Financial liabilities designated at fair value through profit or loss (IFRS9) [Line Items]
Financial liabilities designated at fair value through profit or loss (IFRS9)	6,439,292
Derivatives-combined securities sold
Financial liabilities designated at fair value through profit or loss (IFRS9) [Line Items]
Financial liabilities designated at fair value through profit or loss (IFRS9)	₩ 2,096,508
[1]	The Group designated the financial liabilities at the initial recognition (or subsequently) in accordance with paragraph 6.7.1 of IFRS 9 as financial liabilities at fair value through profit or loss.

Financial liabilities designa_6

Financial liabilities designated at fair value through profit or loss (IAS39) (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Financial liabilities designated at fair value through profit or loss (IAS39) [Line Items]
Financial liabilities designated at fair value through profit or loss (IAS39)	₩ 8,297,609
Financial liabilities designated at fair value through profit or loss (IAS39)
Financial liabilities designated at fair value through profit or loss (IAS39) [Line Items]
Financial liabilities designated at fair value through profit or loss (IAS39)	8,297,609
Equity-linked securities sold
Financial liabilities designated at fair value through profit or loss (IAS39) [Line Items]
Financial liabilities designated at fair value through profit or loss (IAS39)	5,865,990
Derivatives-combined securities sold
Financial liabilities designated at fair value through profit or loss (IAS39) [Line Items]
Financial liabilities designated at fair value through profit or loss (IAS39)	2,394,646
Securities sold
Financial liabilities designated at fair value through profit or loss (IAS39) [Line Items]
Financial liabilities designated at fair value through profit or loss (IAS39)	₩ 36,973

Borrowings (Details)

Borrowings (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Borrowings [Line Items]
Borrowings	₩ 29,818,542	₩ 27,586,610
Borrowings
Borrowings [Line Items]
Borrowings, gross	29,820,398	27,586,778
Deferred origination costs	(1,856)	(168)
Borrowings	29,818,542	27,586,610
In won
Borrowings [Line Items]
Borrowings, gross	₩ 14,438,687	₩ 12,498,556
Borrowings from Bank of Korea
Borrowings [Line Items]
Maximum Interest rate	0.75%	0.75%
Minimum Interest rate	0.50%	0.50%
Borrowings, gross	₩ 2,329,946	₩ 2,913,045
Others
Borrowings [Line Items]
Maximum Interest rate	4.25%	5.00%
Minimum Interest rate	0.00%	0.00%
Borrowings, gross	₩ 12,108,741	₩ 9,585,511
In foreign currency
Borrowings [Line Items]
Borrowings, gross	₩ 6,327,354	₩ 5,161,572
Overdraft due to banks
Borrowings [Line Items]
Maximum Interest rate	0.00%	0.00%
Minimum Interest rate	0.00%	0.00%
Borrowings, gross	₩ 77,673	₩ 128,634
Borrowings from banks
Borrowings [Line Items]
Maximum Interest rate	12.00%	12.50%
Minimum Interest rate	0.00%	0.10%
Borrowings, gross	₩ 4,653,055	₩ 3,737,366
Others
Borrowings [Line Items]
Maximum Interest rate	7.90%	7.90%
Minimum Interest rate	2.60%	0.00%
Borrowings, gross	₩ 1,596,626	₩ 1,295,572
Call money
Borrowings [Line Items]
Maximum Interest rate	6.85%	6.20%
Minimum Interest rate	0.00%	0.00%
Borrowings, gross	₩ 1,425,162	₩ 856,813
Bills sold
Borrowings [Line Items]
Maximum Interest rate	1.70%	3.26%
Minimum Interest rate	0.75%	0.65%
Borrowings, gross	₩ 14,536	₩ 13,605
Bonds sold under repurchase agreements
Borrowings [Line Items]
Maximum Interest rate	6.50%	6.00%
Minimum Interest rate	0.50%	0.00%
Borrowings, gross	₩ 7,614,659	₩ 9,056,232
Deferred origination costs
Borrowings [Line Items]
Deferred origination costs	₩ (1,856)	₩ (168)

Debt securities issued (Details

Debt securities issued (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt securities issued [Line Items]
Debt securities issued	₩ 63,227,699	₩ 51,340,821
In won
Debt securities issued [Line Items]
Debt securities issued	₩ 54,769,670	₩ 44,961,871
In won | Debt securities issued
Debt securities issued [Line Items]
Maximum interest rate	8.00%	8.00%
Minimum interest rate	0.00%	0.00%
Debt securities issued	₩ 50,661,472	₩ 41,781,486
In won | Subordinated debt securities issued
Debt securities issued [Line Items]
Maximum interest rate	4.60%	4.60%
Minimum interest rate	2.20%	2.20%
Debt securities issued	₩ 4,400,145	₩ 3,500,401
In won | Loss on fair value hedges
Debt securities issued [Line Items]
Debt securities issued	(206,985)	(274,047)
In won | Discount on debt securities issued
Debt securities issued [Line Items]
Debt securities issued	(84,962)	(45,969)
In foreign currency
Debt securities issued [Line Items]
Debt securities issued	₩ 8,458,029	₩ 6,378,950
In foreign currency | Debt securities issued
Debt securities issued [Line Items]
Maximum interest rate	4.01%	4.20%
Minimum interest rate	0.20%	0.00%
Debt securities issued	₩ 6,278,680	₩ 4,989,904
In foreign currency | Subordinated debt securities issued
Debt securities issued [Line Items]
Maximum interest rate	5.00%	3.88%
Minimum interest rate	3.75%	3.75%
Debt securities issued	₩ 2,271,799	₩ 1,446,390
In foreign currency | Loss on fair value hedges
Debt securities issued [Line Items]
Debt securities issued	(55,251)	(25,794)
In foreign currency | Discount on debt securities issued
Debt securities issued [Line Items]
Debt securities issued	₩ (37,199)	₩ (31,550)

Defined benefit plan assets and

Defined benefit plan assets and liabilities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Defined benefit plan assets and liabilities [Abstract]
Present value of defined benefit obligations	₩ 1,841,982	₩ 1,695,191
Fair value of plan assets	(1,714,634)	(1,688,047)
Recognized liabilities for defined benefit obligations	₩ 127,348	₩ 7,144	₩ 130,879

Changes in the present value of

Changes in the present value of defined benefit obligation and plan assets (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in the present value of defined benefit obligation and plan assets [Line Items]
Beginning balance	₩ 7,144	₩ 130,879
Included in profit or loss:
Current service cost	144,923	172,152
Past service cost	54	2,810
Interest expense (income)	(6,840)	2,349
Subtotal	138,137	177,311
Included in other comprehensive income:
Demographic assumptions	18,399	4,471
Financial assumptions	80,253	(96,957)
Experience adjustment	(10,762)	(56,709)
Return on plan assets excluding interest income	40,486	27,460
Subtotal	128,376	(121,735)
Other:
Benefits paid by the plan	(5,603)	(4,984)
Contributions paid into the plan	(139,348)	(174,127)
Settlement gain or loss	407
Effect of movements in exchange rates	(1,273)	(200)
Others	(492)
Subtotal	(146,309)	(179,311)
Ending balance	127,348	7,144
Defined benefit obligation
Changes in the present value of defined benefit obligation and plan assets [Line Items]
Beginning balance	1,695,191	1,689,980
Included in profit or loss:
Current service cost	144,923	172,152
Past service cost	54	2,810
Interest expense (income)	59,836	54,485
Subtotal	204,813	229,447
Included in other comprehensive income:
Demographic assumptions	18,399	4,471
Financial assumptions	79,038	(96,957)
Experience adjustment	(10,762)	(56,709)
Return on plan assets excluding interest income	0	0
Subtotal	86,675	(149,195)
Other:
Benefits paid by the plan	(142,938)	(74,841)
Contributions paid into the plan	0	0
Settlement gain or loss	407
Effect of movements in exchange rates	(1,273)	(200)
Others	(893)
Subtotal	(144,697)	(75,041)
Ending balance	1,841,982	1,695,191
Plan assets
Changes in the present value of defined benefit obligation and plan assets [Line Items]
Beginning balance	(1,688,047)	(1,559,101)
Included in profit or loss:
Current service cost	0	0
Past service cost	0	0
Interest expense (income)	(66,676)	(52,136)
Subtotal	(66,676)	(52,136)
Included in other comprehensive income:
Demographic assumptions	0	0
Financial assumptions	1,215	0
Experience adjustment	0	0
Return on plan assets excluding interest income	40,486	27,460
Subtotal	41,701	27,460
Other:
Benefits paid by the plan	137,335	69,857
Contributions paid into the plan	(139,348)	(174,127)
Settlement gain or loss	0
Effect of movements in exchange rates	0	0
Others	401
Subtotal	(1,612)	(104,270)
Ending balance	₩ (1,714,634)	₩ (1,688,047)

Composition of plan assets (Det

Composition of plan assets (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Composition of plan assets [Abstract]
Equity securities	₩ 257,581	₩ 231,620
Debt securities	817	43,990
Due from banks	1,394,634	1,380,656
Other	61,602	31,781
Plan assets	₩ 1,714,634	₩ 1,688,047

Actuarial assumptions (Details)

Actuarial assumptions (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Minimum
Actuarial assumptions [Line Items]
Discount rate	3.02%	2.44%
Future salary increase rate	0.99%	0.99%
Weighted average maturity	7.7 years	7.25 years
Maximum
Actuarial assumptions [Line Items]
Discount rate	3.22%	4.07%
Future salary increase rate	3.40%	5.61%
Weighted average maturity	9.9 years	9.33 years

Sensitivity analysis for actuar

Sensitivity analysis for actuarial assumptions (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Discount rate
Sensitivity analysis for actuarial assumptions [Line Items]
Increase	₩ (159,549)
Decrease	180,542
Future salary increase rate
Sensitivity analysis for actuarial assumptions [Line Items]
Increase	176,924
Decrease	₩ (159,169)

Provisions (Details)

Provisions (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Provisions [Line Items]
Provisions	₩ 508,416	₩ 428,958	₩ 728,888
Asset retirement
Provisions [Line Items]
Provisions	49,183	45,495	50,738
Litigation
Provisions [Line Items]
Provisions	25,554	32,650	34,471
Unused credit
Provisions [Line Items]
Provisions	232,347	168,006	450,997
Card point
Provisions [Line Items]
Provisions	0	26,434	25,425
Financial guarantee
Provisions [Line Items]
Provisions	115,325	80,861
Other
Provisions [Line Items]
Provisions	₩ 86,007	₩ 75,512	₩ 88,019

Changes in provisions (Details)

Changes in provisions (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Changes in provisions [Line Items]
Beginning balance		₩ 428,958	₩ 728,888
Transfer To 12 Month Expected Credit Loss		0
Transfer To Life Time Expected Credit Loss		0
Transfer To Impaired Financial Asset		0
Provided (reversed)		4,826
Ending balance		508,416	428,958
Provision for unused credit commitments and financial guarantee contracts issued
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	259,927
Transfer To 12 Month Expected Credit Loss		0
Transfer To Life Time Expected Credit Loss		0
Transfer To Impaired Financial Asset		0
Provided (reversed)		4,826
Foreign exchange translation		2,371
Others		37,078
Ending balance		304,202
Unused credit commitments provision | 12-month expected credit losses
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	124,492
Transfer To 12 Month Expected Credit Loss		42,514
Transfer To Life Time Expected Credit Loss		(8,899)
Transfer To Impaired Financial Asset		(213)
Provided (reversed)		(32,070)
Provision used		0
Foreign exchange translation		578
Others		0
Ending balance		126,402
Unused credit commitments provision | Lifetime expected credit losses
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	96,010
Transfer To 12 Month Expected Credit Loss		(42,057)
Transfer To Life Time Expected Credit Loss		8,976
Transfer To Impaired Financial Asset		(802)
Provided (reversed)		38,576
Provision used		0
Foreign exchange translation		105
Others		0
Ending balance		100,808
Unused credit commitments provision | Financial instruments credit-impaired
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	2,137
Transfer To 12 Month Expected Credit Loss		(457)
Transfer To Life Time Expected Credit Loss		(77)
Transfer To Impaired Financial Asset		1,015
Provided (reversed)		2,519
Provision used		0
Foreign exchange translation		0
Others		0
Ending balance		5,137
Financial guarantee contracts
Changes in provisions [Line Items]
Beginning balance		80,861
Ending balance		115,325	80,861
Financial guarantee contracts | 12-month expected credit losses
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	31,456
Transfer To 12 Month Expected Credit Loss		1,140
Transfer To Life Time Expected Credit Loss		(1,804)
Transfer To Impaired Financial Asset		(13)
Provided (reversed)		(3,964)
Provision used		0
Foreign exchange translation		758
Others		36,621
Ending balance		64,194
Financial guarantee contracts | Lifetime expected credit losses
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	3,368
Transfer To 12 Month Expected Credit Loss		(1,140)
Transfer To Life Time Expected Credit Loss		1,804
Transfer To Impaired Financial Asset		0
Provided (reversed)		455
Provision used		0
Foreign exchange translation		481
Others		936
Ending balance		5,904
Financial guarantee contracts | Financial instruments credit-impaired
Changes in provisions [Line Items]
Beginning balance(adjusted)	[1]	2,464
Transfer To 12 Month Expected Credit Loss		0
Transfer To Life Time Expected Credit Loss		0
Transfer To Impaired Financial Asset		13
Provided (reversed)		(690)
Provision used		0
Foreign exchange translation		449
Others		(479)
Ending balance		1,757
Other provisions
Changes in provisions [Line Items]
Beginning balance		428,958	728,888
Beginning balance(adjusted)	[1]	199,997
Provided (reversed)		5,718	(217,727)
Provision used		(18,107)	(77,657)
Foreign exchange translation		1,056	(8,610)
Others		15,550	4,064
Ending balance		204,214	428,958
Asset retirement
Changes in provisions [Line Items]
Beginning balance		45,495	50,738
Provided (reversed)		4,789	(4,562)
Provision used		(4,210)	(2,695)
Foreign exchange translation		0
Others		3,109	2,014
Ending balance		49,183	45,495
Litigation
Changes in provisions [Line Items]
Beginning balance		32,650	34,471
Provided (reversed)		(1,138)	704
Provision used		(6,343)	(1,908)
Foreign exchange translation		385	(617)
Others		0
Ending balance		25,554	32,650
Unused credit
Changes in provisions [Line Items]
Beginning balance		168,006	450,997
Provided (reversed)			(279,508)
Provision used			0
Foreign exchange translation			(3,483)
Others			0
Ending balance		232,347	168,006
Card point
Changes in provisions [Line Items]
Beginning balance		26,434	25,425
Provided (reversed)			51,294
Provision used			(50,285)
Foreign exchange translation			0
Others			0
Ending balance		0	26,434
Guarantee
Changes in provisions [Line Items]
Beginning balance		80,861	79,238
Provided (reversed)			2,548
Provision used			(132)
Foreign exchange translation			(4,458)
Others			3,665
Ending balance			80,861
Non-financial guarantee
Changes in provisions [Line Items]
Beginning balance		46,340
Provided (reversed)		(2,833)
Provision used		0
Foreign exchange translation		1,677
Others		(1,714)
Ending balance		43,470	46,340
Other
Changes in provisions [Line Items]
Beginning balance		75,512	88,019
Provided (reversed)		4,900	11,797
Provision used		(7,554)	(22,637)
Foreign exchange translation		(1,006)	(52)
Others		14,155	(1,615)
Ending balance		₩ 86,007	₩ 75,512
[1]	In accordance with IFRS 15, the Group has adjusted all bonus card point reward program related to customer loyalty programs.

Allowance for guarantees and ac

Allowance for guarantees and acceptances (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Allowance for guarantees and acceptances [Abstract]
Guarantees and acceptances outstanding	₩ 9,437,691	₩ 7,611,211
Contingent guarantees and acceptances	3,985,532	3,259,613
ABS and ABCP purchase commitments	2,083,522	2,035,543
Endorsed bill	37,667	85,456
Total Guarantees and acceptances	15,544,412	12,991,823
Allowance for loss on guarantees and acceptances	₩ 115,325	₩ 80,861
Ratio	0.74%	0.62%

Insurance liabilities (Details)

Insurance liabilities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Insurance liabilities [Abstract]
Policy reserve	₩ 26,211,044	₩ 24,515,364
Policyholder's equity adjustment	7,838	(76)
Total Insurance liabilities	₩ 26,218,882	₩ 24,515,288

Policy reserve (Details)

Policy reserve (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Policy reserve [Abstract]
Interest rate linked	₩ 17,328,353	₩ 16,464,193
Fixed interest rate	8,882,691	8,051,171
Policy reserve, total	₩ 26,211,044	₩ 24,515,364

The details of policy reserves

The details of policy reserves (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Details of policy reserves [Line Items]
Premium reserve	₩ 24,958,573	₩ 23,328,109
Guarantee reserve	75,250	62,444
Unearned premium reserve	810	1,019
Reserve for outstanding claims	1,140,410	1,085,765
Interest rate difference guarantee reserve	2,227	2,451
Mortality gains reserve	11,946	13,136
Interest gains reserve	18,935	18,751
Long term duration dividend reserve	62	70
Reserve for policyholder's profit dividend	1,773	2,374
Reserve for losses on dividend insurance contract	1,058	1,245
Policy reserve, total	26,211,044	24,515,364
Individual insurance
Details of policy reserves [Line Items]
Premium reserve	24,934,093	23,295,514
Guarantee reserve	75,250	62,444
Unearned premium reserve	304	367
Reserve for outstanding claims	1,122,321	1,059,697
Interest rate difference guarantee reserve	2,227	2,451
Mortality gains reserve	11,943	13,131
Interest gains reserve	18,935	18,751
Long term duration dividend reserve	62	70
Reserve for policyholder's profit dividend	1,773	2,374
Reserve for losses on dividend insurance contract	1,058	1,245
Policy reserve, total	26,167,966	24,456,044
Pure endowment
Details of policy reserves [Line Items]
Premium reserve	5,729,045	5,343,670
Guarantee reserve	10,148	11,678
Unearned premium reserve	3	3
Reserve for outstanding claims	99,676	98,596
Interest rate difference guarantee reserve	2,068	2,280
Mortality gains reserve	7,026	7,736
Interest gains reserve	18,662	18,463
Long term duration dividend reserve	52	59
Reserve for policyholder's profit dividend	1,773	2,374
Reserve for losses on dividend insurance contract	1,058	1,245
Policy reserve, total	5,869,511	5,486,104
Death
Details of policy reserves [Line Items]
Premium reserve	11,722,964	10,628,661
Guarantee reserve	64,978	50,615
Unearned premium reserve	301	364
Reserve for outstanding claims	837,317	784,535
Interest rate difference guarantee reserve	148	159
Mortality gains reserve	4,741	5,195
Interest gains reserve	254	268
Long term duration dividend reserve	9	10
Policy reserve, total	12,630,712	11,469,807
Endowment
Details of policy reserves [Line Items]
Premium reserve	7,482,084	7,323,183
Guarantee reserve	124	151
Reserve for outstanding claims	185,328	176,566
Interest rate difference guarantee reserve	11	12
Mortality gains reserve	176	200
Interest gains reserve	19	20
Long term duration dividend reserve	1	1
Policy reserve, total	7,667,743	7,500,133
Group insurance
Details of policy reserves [Line Items]
Premium reserve	24,480	32,595
Unearned premium reserve	506	652
Reserve for outstanding claims	18,089	26,068
Mortality gains reserve	3	5
Policy reserve, total	43,078	59,320
Pure protection
Details of policy reserves [Line Items]
Premium reserve	24,422	32,538
Unearned premium reserve	506	652
Reserve for outstanding claims	18,089	26,068
Mortality gains reserve	3	5
Policy reserve, total	43,020	59,263
Savings
Details of policy reserves [Line Items]
Premium reserve	58	57
Policy reserve, total	₩ 58	₩ 57

Reinsurance credit risk (Detail

Reinsurance credit risk (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Reinsurance credit risk
Reinsurance credit risk [Line Items]
Reinsurance assets	₩ 4,073	₩ 3,110
Reinsurance account receivable	8,014	6,807
AA- to AA+
Reinsurance credit risk [Line Items]
Reinsurance assets	2,451	1,893
Reinsurance account receivable	4,416	3,420
A- to A+
Reinsurance credit risk [Line Items]
Reinsurance assets	1,622	1,217
Reinsurance account receivable	₩ 3,598	₩ 3,387

Income or expenses on insurance

Income or expenses on insurance (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Insurance income
Premium income		₩ 4,348,745	₩ 4,550,277	₩ 4,558,453
Reinsurance income		15,222	10,532	6,840
Separate account income		34,771	38,999	20,805
Insurance Income total		4,398,738	4,599,808	4,586,098
Insurance expenses
Claims paid		(2,549,147)	(2,213,285)	(2,007,831)
Reinsurance premium expenses		(18,482)	(13,220)	(8,405)
Provision for policy reserves	[1]	(1,694,716)	(2,147,139)	(2,325,010)
Separate account expenses		(34,770)	(38,999)	(20,805)
Discount charge		(669)	(632)	(548)
Acquisition costs		(454,479)	(543,752)	(559,213)
Collection expenses		(16,046)	(15,716)	(15,367)
Deferred acquisition costs		283,665	336,851	373,490
Amortization of deferred acquisition costs		(385,793)	(423,955)	(440,913)
Insurance expenses total		(4,870,437)	(5,059,847)	(5,004,602)
Net loss on insurance		₩ (471,699)	₩ (460,039)	₩ (418,504)
[1]	Shinhan Life Insurance's saving interest is included. (Accumulated KRW 960,927 million as of December 31, 2017 and accumulated KRW 966,910 million as of December 31, 2018)

Maturity of premium reserve (De

Maturity of premium reserve (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Maturity of premium reserve [Line Items]
Fixed interest rate	₩ 8,175,878	₩ 7,373,629
Interest rate linked	16,782,695	15,954,480
Ending balance	24,958,573	23,328,109
Less than 1 year
Maturity of premium reserve [Line Items]
Fixed interest rate	111,102	62,611
Interest rate linked	195,843	32,364
Ending balance	306,945	94,975
1 ~ 3 Years
Maturity of premium reserve [Line Items]
Fixed interest rate	247,619	256,126
Interest rate linked	922,832	660,966
Ending balance	1,170,451	917,092
3 ~ 7 Years
Maturity of premium reserve [Line Items]
Fixed interest rate	741,222	646,634
Interest rate linked	1,247,871	1,549,321
Ending balance	1,989,093	2,195,955
7 ~ 10 Years
Maturity of premium reserve [Line Items]
Fixed interest rate	502,572	550,935
Interest rate linked	343,562	384,276
Ending balance	846,134	935,211
10 ~ 20 Years
Maturity of premium reserve [Line Items]
Fixed interest rate	1,288,815	1,227,656
Interest rate linked	1,500,893	1,359,071
Ending balance	2,789,708	2,586,727
More than 20 Years
Maturity of premium reserve [Line Items]
Fixed interest rate	5,284,548	4,629,667
Interest rate linked	12,571,694	11,968,482
Ending balance	₩ 17,856,242	₩ 16,598,149

The result of liability adequac

The result of liability adequacy test (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The result of liability adequacy test [Line Items]
Provisions for test	₩ 21,608,828	₩ 20,143,046
LAT base	17,691,012	14,996,947
Premium loss	(3,917,816)	(5,146,100)
Participating
The result of liability adequacy test [Line Items]
Provisions for test	1,449,476	1,393,920
LAT base	2,332,366	2,343,616
Premium loss	882,890	949,695
Participating | Fixed interest
The result of liability adequacy test [Line Items]
Provisions for test	589,618	582,842
LAT base	1,368,008	1,448,564
Premium loss	778,390	865,722
Participating | Variable interest
The result of liability adequacy test [Line Items]
Provisions for test	859,858	811,078
LAT base	964,358	895,052
Premium loss	104,500	83,973
Non-Participating
The result of liability adequacy test [Line Items]
Provisions for test	20,159,352	18,749,126
LAT base	15,358,646	12,653,331
Premium loss	(4,800,706)	(6,095,795)
Non-Participating | Fixed interest
The result of liability adequacy test [Line Items]
Provisions for test	6,009,771	5,374,209
LAT base	3,019,087	2,204,431
Premium loss	(2,990,684)	(3,169,778)
Non-Participating | Variable interest
The result of liability adequacy test [Line Items]
Provisions for test	14,149,581	13,374,917
LAT base	12,339,559	10,448,900
Premium loss	₩ (1,810,022)	₩ (2,926,017)

Sensitivity analysis of LAT (De

Sensitivity analysis of LAT (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Sensitivity analysis of LAT [Abstract]
Discount rate increased by 0.5%	₩ (2,010,046)	₩ (1,532,611)
Discount rate decreased by 0.5%	2,353,179	1,836,098
Operating expense increased by 10%	236,693	216,340
Mortality rate increased by 10%	866,683	818,261
Mortality rate increased by 5%	435,423	410,822
Surrender ratio increased by 10%	₩ 298,121	₩ 457,119

Other liabilities (Details)

Other liabilities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Other liabilities [Abstract]
Accounts payable	₩ 9,748,168	₩ 8,524,295
Accrued expenses	3,267,188	3,022,127
Dividend payable	49,486	8,345
Advance receipts	131,386	120,724
Unearned income	236,827	402,541
Withholding value-added tax and other taxes	547,097	343,938
Securities deposit received	651,153	911,304
Foreign exchange remittances pending	225,956	223,465
Domestic exchange remittances pending	1,115,939	1,808,652
Borrowing from trust account	2,999,445	4,057,649
Due to agencies	779,473	607,743
Deposits for subscription	76,019	79,154
Separate account liabilities	2,845,380	3,213,389
Sundry liabilities	2,496,169	1,930,410
Other	50,881	76,966
Present value discount account	(20,888)	(17,929)
Other liabilities	₩ 25,199,679	₩ 25,312,773

Equity (Details)

Equity (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Capital stock:
Common stock		₩ 2,370,998	₩ 2,370,998
Preferred stock		274,055	274,055
Capital stock		2,645,053	2,645,053
Hybrid bonds		1,531,759	423,921
Capital surplus:
Share premium		9,494,769	9,494,769
Others	[1]	400,719	392,566
Capital surplus		9,895,488	9,887,335
Capital adjustments	[2]	(552,895)	(398,035)	₩ (458,461)
Accumulated other comprehensive income, net of tax:
Gain on financial assets at fair value through other comprehensive income		2,958
Valuation gain (loss) on available-for-sale financial assets			72,126
Loss on financial assets at fair value through profit or loss (overlay approach)		(79,057)
Equity in other comprehensive income of associates		4,883	(294)
Foreign currency translation adjustments for foreign operations		(321,853)	(345,199)
Net loss from cash flow hedges		(17,751)	2,440
Other comprehensive income of separate account		4,112	(4,812)
Actuarial gains (losses)		(346,682)	(253,995)
Changes in own credit risk on financial liabilities designated under fair value option		170
Accumulated other comprehensive income, net of tax		(753,220)	(529,734)
Retained earnings	[3],[4],[5],[6]	22,959,440	20,791,681
Non-controlling interests	[7]	925,805	883,397
Total equity		₩ 36,651,430	₩ 33,703,618
[1]	During the year ended December 31, 2018, the Group recorded a capital surplus of KRW 8,153 million as a result of participating in the capital increase of its subsidiary, Jeju Bank Co. Ltd.
[2]	The Group acquired treasury stock through treasury stock trusts, and the consideration paid or received is recognized directly in equity.
[3]	The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed and the amount was adjusted retrospectively.
[4]	The reserve for loan losses in the retained earnings amounted to KRW 5,953 million and KRW 7,572 million as of December 31, 2017 and 2018, respectively.
[5]	The reserve for profits of the Group, due to In accordance with Article 53 of the Financial Holding Company Act, amounted to KRW 1,992,716 million and KRW 2,068,190 million as of December 31, 2017 and 2018, respectively.
[6]	The total amount of retained earnings from the consolidated subsidiaries that are not available for the payment of cash dividends due to the related regulation is KRW 5,800,002 million.
[7]	As of December 31, 2017 and 2018, Shinhan Bank and Jeju Bank have recognized KRW 718,775 million and KRW 748,497 million, respectively, as non-controlling interests. The amount of dividends paid by Shinhan Bank and Jeju Bank KRW 27,546 million and KRW 30,442 million are allocated to the net income of non-controlling interests.

Capital stock of the Group (Det

Capital stock of the Group (Details) - ₩ / shares	Dec. 31, 2018	Dec. 31, 2017
Capital stock of the Group [Abstract]
Number of authorized shares	1,000,000,000	1,000,000,000
Par value per share in won	₩ 5,000	₩ 5,000
Number of issued common stocks outstanding	474,199,587	474,199,587

Hybrid bond (Details)

Hybrid bond (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Hybrid bond [Line Items]
Currency	KRW	KRW
Amount	₩ 1,531,759	₩ 423,921
2nd
Hybrid bond [Line Items]
Currency	KRW	KRW
Amount	₩ 199,455	₩ 199,455
Issue date	Jun. 25, 2015	Jun. 25, 2015
Maturity date	Jun. 25, 2045	Jun. 25, 2045
Interest rate (%)	4.38%	4.38%
3rd
Hybrid bond [Line Items]
Currency	KRW	KRW
Amount	₩ 134,683	₩ 134,683
Issue date	Sep. 15, 2017	Sep. 15, 2017
Interest rate (%)	3.77%	3.77%
4th
Hybrid bond [Line Items]
Currency	KRW	KRW
Amount	₩ 89,783	₩ 89,783
Issue date	Sep. 15, 2017	Sep. 15, 2017
Interest rate (%)	4.25%	4.25%
5th
Hybrid bond [Line Items]
Currency	KRW
Amount	₩ 134,678
Issue date	Apr. 13, 2018
Interest rate (%)	4.08%
6th
Hybrid bond [Line Items]
Currency	KRW
Amount	₩ 14,955
Issue date	Apr. 13, 2018
Interest rate (%)	4.56%
7th
Hybrid bond [Line Items]
Currency	KRW
Amount	₩ 398,679
Issue date	Aug. 29, 2018
Interest rate (%)	4.15%
8th
Hybrid bond [Line Items]
Currency	USD
Amount	₩ 559,526
Issue date	Aug. 13, 2018
Interest rate (%)	5.88%

Capital adjustments (Details)

Capital adjustments (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Capital adjustments [Abstract]
Beginning balance	[1]	₩ (398,035)	₩ (458,461)
Transaction on redemption of hybrid bonds			(1,139)
Acquisition of treasury stock		(155,923)	0	₩ 0
Other transactions with owners		1,063	61,565
Ending balance	[1]	₩ (552,895)	₩ (398,035)	₩ (458,461)
[1]	The Group acquired treasury stock through treasury stock trusts, and the consideration paid or received is recognized directly in equity.

Accumulated other comprehensive

Accumulated other comprehensive income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accumulated other comprehensive income [Line Items]
Beginning balance	₩ (806,745)	₩ (102,583)
Change due to fair value	187,363	(97,812)
Reclassification:
Change due to impairment or disposal	(62,096)	(346,126)
Effect of hedge accounting	(1,261)	250,875
Hedging	22,257	(131,153)
Effects from exchange rate fluctuations	48,060	(304,838)
Remeasurements of the defined benefit plans	(128,139)	121,735
Deferred income taxes	(14,892)	79,033
Transfer To Other Account	2,645	(414)
Non-controlling interests	(412)	1,549
Ending balance	(753,220)	(529,734)
Gain(loss) on financial asset at fair value through other comprehensive income
Accumulated other comprehensive income [Line Items]
Beginning balance	(211,003)
Change due to fair value	225,173
Reclassification:
Change due to impairment or disposal	15,812
Effect of hedge accounting	0
Hedging	(2,365)
Effects from exchange rate fluctuations	1,733
Remeasurements of the defined benefit plans	0
Deferred income taxes	(79,345)
Transfer To Other Account	0
Non-controlling interests	(1,305)
Ending balance	(51,300)
Gain (loss) on valuation of financial asset measured at FVTPL (overlay approach)
Accumulated other comprehensive income [Line Items]
Beginning balance	(24,724)
Change due to fair value	(74,942)
Reclassification:
Change due to impairment or disposal	0
Effect of hedge accounting	0
Hedging	0
Effects from exchange rate fluctuations	0
Remeasurements of the defined benefit plans	0
Deferred income taxes	20,609
Transfer To Other Account	0
Non-controlling interests	0
Ending balance	(79,057)
Unrealized gain (loss) on available-for-sale financial assets
Accumulated other comprehensive income [Line Items]
Beginning balance		394,182
Change due to fair value		(60,397)
Reclassification:
Change due to impairment or disposal		(346,126)
Effect of hedge accounting		0
Hedging		1,241
Effects from exchange rate fluctuations		(28,553)
Remeasurements of the defined benefit plans		0
Deferred income taxes		110,708
Transfer To Other Account		0
Non-controlling interests		1,071
Ending balance		72,126
Equity in other comprehensive income of associates
Accumulated other comprehensive income [Line Items]
Beginning balance	(2,516)	21,258
Change due to fair value	(2,327)	(24,886)
Reclassification:
Change due to impairment or disposal	13,103	0
Effect of hedge accounting	0	0
Hedging	0	0
Effects from exchange rate fluctuations	0	0
Remeasurements of the defined benefit plans	0	0
Deferred income taxes	(3,369)	3,748
Transfer To Other Account	0	(414)
Non-controlling interests	0	0
Ending balance	4,891	(294)
Foreign currency translation adjustments for foreign operations
Accumulated other comprehensive income [Line Items]
Beginning balance	(342,318)	(151,725)
Change due to fair value	0	0
Reclassification:
Change due to impairment or disposal	0	0
Effect of hedge accounting	0	0
Hedging	(35,879)	97,353
Effects from exchange rate fluctuations	45,904	(276,285)
Remeasurements of the defined benefit plans	0	0
Deferred income taxes	9,958	(15,240)
Transfer To Other Account	0	0
Non-controlling interests	482	698
Ending balance	(321,853)	(345,199)
Net loss from cash flow hedges
Accumulated other comprehensive income [Line Items]
Beginning balance	2,441	(13,464)
Change due to fair value	0	0
Reclassification:
Change due to impairment or disposal	(91,011)	0
Effect of hedge accounting	(1,261)	250,875
Hedging	60,501	(229,747)
Effects from exchange rate fluctuations	0	0
Remeasurements of the defined benefit plans	0	0
Deferred income taxes	11,579	(5,224)
Transfer To Other Account	0	0
Non-controlling interests	0	0
Ending balance	(17,751)	2,440
Other comprehensive income of separate account
Accumulated other comprehensive income [Line Items]
Beginning balance	(4,564)	4,466
Change due to fair value	11,967	(12,529)
Reclassification:
Change due to impairment or disposal	0	0
Effect of hedge accounting	0	0
Hedging	0	0
Effects from exchange rate fluctuations	0	0
Remeasurements of the defined benefit plans	0	0
Deferred income taxes	(3,291)	3,251
Transfer To Other Account	0	0
Non-controlling interests	0	0
Ending balance	4,112	(4,812)
Remeasurements of the defined benefit plans
Accumulated other comprehensive income [Line Items]
Beginning balance	(253,995)	(357,300)
Change due to fair value	0	0
Reclassification:
Change due to impairment or disposal	0	0
Effect of hedge accounting	0	0
Hedging	0	0
Effects from exchange rate fluctuations	0	0
Remeasurements of the defined benefit plans	(128,139)	121,735
Deferred income taxes	35,041	(18,210)
Transfer To Other Account	0	0
Non-controlling interests	411	(220)
Ending balance	(346,682)	₩ (253,995)
Equity in other comprehensive income of associates
Accumulated other comprehensive income [Line Items]
Beginning balance	(46)
Change due to fair value	39
Reclassification:
Change due to impairment or disposal	0
Effect of hedge accounting	0
Hedging	0
Effects from exchange rate fluctuations	0
Remeasurements of the defined benefit plans	0
Deferred income taxes	(11)
Transfer To Other Account	10
Non-controlling interests	0
Ending balance	(8)
Gain (loss) on financial asset at fair value through other comprehensive income
Accumulated other comprehensive income [Line Items]
Beginning balance	31,533
Change due to fair value	25,077
Reclassification:
Change due to impairment or disposal	0
Effect of hedge accounting	0
Hedging	0
Effects from exchange rate fluctuations	423
Remeasurements of the defined benefit plans	0
Deferred income taxes	(5,410)
Transfer To Other Account	2,635
Non-controlling interests	0
Ending balance	54,258
Changes in own credit risk on financial liabilities designated under fair value option
Accumulated other comprehensive income [Line Items]
Beginning balance	(1,553)
Change due to fair value	2,376
Reclassification:
Change due to impairment or disposal	0
Effect of hedge accounting	0
Hedging	0
Effects from exchange rate fluctuations	0
Remeasurements of the defined benefit plans	0
Deferred income taxes	(653)
Transfer To Other Account	0
Non-controlling interests	0
Ending balance	₩ 170

Appropriation of retained earni

Appropriation of retained earnings (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Appropriation of retained earnings [Line Items]
Balance at beginning of year	[1],[2],[3],[4]	₩ 20,791,681
Dividends to hybrid bonds	[5]	(40,357)	₩ (17,678)	₩ (36,091)
Net income		3,198,265	2,949,205	2,824,919
Dividends on common stocks paid		753,041	687,589
Loss on redemption of hybrid bonds			1,139
Unappropriated retained earnings to be carried over to subsequent year	[1],[2],[3],[4]	22,959,440	20,791,681
Parent Company only
Appropriation of retained earnings [Line Items]
Balance at beginning of year		4,867,521	4,896,292
Net effect due to change in accounting policy		(23)	0
Dividends to hybrid bonds		(40,357)	(17,678)
Net income		1,234,883	754,727	1,470,250
Unappropriated retained earnings (I)		6,062,024	5,633,341
Reversal of regulatory reserve for loan losses (II)		0	0
Subtotal (I+II)		6,062,024	5,633,341
Legal reserve		(123,488)	(75,473)
Dividends on common stocks paid		(753,041)	(687,589)
Regulatory reserve for loan losses		(1,156)	(1,619)
Loss on redemption of hybrid bonds		0	(1,139)
Appropriation of retained earnings		(877,685)	(765,820)
Unappropriated retained earnings to be carried over to subsequent year		₩ 5,184,339	₩ 4,867,521	₩ 4,896,292
Date of appropriation		Mar. 27, 2019	Mar. 22, 2018
[1]	The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed and the amount was adjusted retrospectively.
[2]	The reserve for loan losses in the retained earnings amounted to KRW 5,953 million and KRW 7,572 million as of December 31, 2017 and 2018, respectively.
[3]	The reserve for profits of the Group, due to In accordance with Article 53 of the Financial Holding Company Act, amounted to KRW 1,992,716 million and KRW 2,068,190 million as of December 31, 2017 and 2018, respectively.
[4]	The total amount of retained earnings from the consolidated subsidiaries that are not available for the payment of cash dividends due to the related regulation is KRW 5,800,002 million.
[5]	The dividends to hybrid bonds that were early redeemed during the period are included.

Changes in regulatory reserve f

Changes in regulatory reserve for loan losses (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in regulatory reserve for loan losses [Abstract]
Beginning balance	₩ 2,885,018	₩ 2,252,771
IFRS9 adoption	(388,551)
Planned regulatory reversal of loan losses	348,223	632,247
Ending balance	₩ 2,844,690	₩ 2,885,018

Profit attributable to equity h

Profit attributable to equity holders of Shinhan Financial Group and earnings per share after factoring in regulatory reserve for loan losses (Details) - KRW (₩) ₩ / shares in Units, ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Profit attributable to equity holders of Shinhan Financial Group and earnings per share after factoring in regulatory reserve for loan losses [Abstract]
Profit (loss), attributable to owners of parent		₩ 3,156,722	₩ 2,918,816	₩ 2,774,778
Provision for regulatory reserve for loan losses	[1]	(348,127)	(631,578)
Profit attributable to equity holders of Shinhan Financial Group after adjusted for regulatory reserve	[2]	₩ 2,808,595	₩ 2,287,238
Basic and diluted earnings per share after adjusted for regulatory reserve in won		₩ 5,844	₩ 4,786
[1]	Amortization of reserve for credit losses due to the transfer of IFRS 9 during the year is excluded.
[2]	Dividends for hybrid bonds are deducted.

Acquisition of treasury stock (

Acquisition of treasury stock (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Acquisition Of Treasury Stock [Line Items]
Acquisition of treasury stock	₩ 155,923	₩ 0	₩ 0
Carrying value
Acquisition Of Treasury Stock [Line Items]
Beginning balance	0
Acquisition of treasury stock	155,923
Disposal of treasury stock	0
Ending balance	155,923	0
Number of share
Acquisition Of Treasury Stock [Line Items]
Beginning balance	0
Disposal of treasury stock	₩ 0
Number of treasury shares acquired	3,648,659
Ending balance		₩ 0

Details of dividends recognized

Details of dividends recognized as distributions to common stockholders (Details) - KRW (₩) ₩ / shares in Units, ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Details of dividends recognized as distributions to common stockholders [Abstract]
Total number of shares issued and outstanding	474,199,587	474,199,587
Par value per share in won (A)	₩ 5,000	₩ 5,000
Dividend per share in won (B)	₩ 1,600	₩ 1,450
Dividends	₩ 753,041	₩ 687,589
Dividend rate per share (B/A)	32.00%	29.00%

Dividend for hybrid bond (Detai

Dividend for hybrid bond (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Dividend for hybrid bond [Abstract]
Amount of hybrid bond		₩ 1,538,150	₩ 425,000
Maximum Interest rate		5.88%	4.38%
Minimum Interest rate		3.77%	3.77%
Dividends	[1]	₩ 40,357	₩ 17,678	₩ 36,091
[1]	The dividends to hybrid bonds that were early redeemed during the period are included.

Net interest income (Details)

Net interest income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest income:
Cash and deposits at amortized cost	₩ 155,075
Cash and due from banks		₩ 167,793	₩ 185,534
Deposits at FVTPL	33,845
Securities at FVTPL	623,651
Trading assets		489,836	454,274
Financial assets designated at fair value through profit or loss		57,899	43,398
Securities at FVOCI	759,301
Available-for-sale financial assets		671,912	632,829
Securities at amortized cost	730,382
Held-to-maturity financial assets		651,107	561,823
Loans at amortized cost	11,158,558
Loans at FVTPL	23,110
Loans		9,673,635	9,230,303
Others	88,534	86,472	128,141
Interest income	13,572,456	11,798,654	11,236,302
Interest expense:
Deposits	(3,091,659)	(2,482,415)	(2,586,742)
Borrowings	(468,068)	(352,069)	(300,759)
Debt securities issued	(1,336,840)	(1,085,366)	(1,085,830)
Others	(95,800)	(35,851)	(57,605)
Interest expense	(4,992,367)	(3,955,701)	(4,030,936)
Net interest income	₩ 8,580,089	₩ 7,842,953	₩ 7,205,366

Net fees and commission incom_2

Net fees and commission income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Fees and commission income:
Credit placement fees	₩ 62,766	₩ 59,133	₩ 74,352
Commission received as electronic charge receipt	146,309	142,755	137,213
Brokerage fees	412,165	373,108	333,722
Commission received as agency	120,508	129,460	131,026
Investment banking fees	91,273	66,191	66,150
Commission received in foreign exchange activities	214,395	197,705	182,975
Asset management fees	235,275	190,802	115,574
Credit card fees	1,360,322	2,369,745	2,343,255
Others	652,243	516,056	419,329
Fees and commission income	3,295,256	4,044,955	3,803,596
Fees and commission expense:
Credit-related fee	(36,817)	(35,665)	(32,401)
Credit card fees	(944,533)	(1,988,826)	(1,899,339)
Others	(374,909)	(309,510)	(306,317)
Fees and commission expense	(1,356,259)	(2,334,001)	(2,238,057)
Net fees and commission income	₩ 1,938,997	₩ 1,710,954	₩ 1,565,539

Dividend income (Details)

Dividend income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Details of Dividend income [Line Items]
Dividend income	₩ 87,826	₩ 257,306	₩ 281,623
Securities at FVTPL
Details of Dividend income [Line Items]
Dividend income	70,955
Securities at fair value through other comprehensive income
Details of Dividend income [Line Items]
Dividend income	₩ 16,871
Trading assets
Details of Dividend income [Line Items]
Dividend income		57,615	50,805
Available-for-sale financial assets
Details of Dividend income [Line Items]
Dividend income		₩ 199,691	₩ 230,818

Net gain (loss) on financial _7

Net gain (loss) on financial instruments measured at fair value through profit or loss (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gain (loss) on financial instruments measured at fair value through profit or loss [Line Items]
Net gain (loss) on financial instruments at fair value through profit or loss	₩ 420,026
Due from banks at FVTPL
Net gain (loss) on financial instruments measured at fair value through profit or loss [Line Items]
Gain (loss) on valuation	(61,848)
Gain (loss) on sale	0
Gain (loss) on valuation of debt securities	0
Gain (loss) on valuation of equity securities	0
Other gains (losses) of debt securities	0
Gain (loss) on valuation of other securities	0
Gain (loss) on sale of debt securities	0
Gain (loss) on sale of equity securities	0
Gain (loss) on sale of other securities	0
Gain (loss) on transaction of derivatives	0
Gain (loss) on valuation of derivatives	0
Net gain (loss) on financial instruments at fair value through profit or loss	(61,848)
Loan receivables measured at FVTPL
Net gain (loss) on financial instruments measured at fair value through profit or loss [Line Items]
Gain (loss) on valuation	916
Gain (loss) on sale	9,133
Gain (loss) on valuation of debt securities	0
Gain (loss) on valuation of equity securities	0
Other gains (losses) of debt securities	0
Gain (loss) on valuation of other securities	0
Gain (loss) on sale of debt securities	0
Gain (loss) on sale of equity securities	0
Gain (loss) on sale of other securities	0
Gain (loss) on transaction of derivatives	0
Gain (loss) on valuation of derivatives	0
Net gain (loss) on financial instruments at fair value through profit or loss	10,049
Securities at FVTPL
Net gain (loss) on financial instruments measured at fair value through profit or loss [Line Items]
Gain (loss) on valuation	0
Gain (loss) on sale	0
Gain (loss) on valuation of debt securities	111,029
Gain (loss) on valuation of equity securities	286,801
Other gains (losses) of debt securities	223,731
Gain (loss) on valuation of other securities	19,086
Gain (loss) on sale of debt securities	78,718
Gain (loss) on sale of equity securities	(275,356)
Gain (loss) on sale of other securities	0
Gain (loss) on transaction of derivatives	0
Gain (loss) on valuation of derivatives	0
Net gain (loss) on financial instruments at fair value through profit or loss	444,009
Financial liabilities measured at FVTPL
Net gain (loss) on financial instruments measured at fair value through profit or loss [Line Items]
Gain (loss) on valuation	0
Gain (loss) on sale	0
Other gains (losses) of debt securities	0
Net gain (loss) on financial instruments at fair value through profit or loss	139,767
Derivatives
Net gain (loss) on financial instruments measured at fair value through profit or loss [Line Items]
Gain (loss) on valuation	0
Gain (loss) on sale	0
Gain (loss) on valuation of debt securities	0
Gain (loss) on valuation of equity securities	0
Other gains (losses) of debt securities	0
Gain (loss) on valuation of other securities	0
Gain (loss) on sale of debt securities	0
Gain (loss) on sale of equity securities	0
Gain (loss) on sale of other securities	0
Gain (loss) on transaction of derivatives	179,928	₩ 612,670	₩ 341,440
Gain (loss) on valuation of derivatives	(291,879)	₩ 369,225	₩ 1,667
Net gain (loss) on financial instruments at fair value through profit or loss	₩ (111,951)

Net trading income (loss) (Deta

Net trading income (loss) (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net trading income (loss) [Line Items]
Net trading income (loss)		₩ 963,223	₩ 369,510
Trading assets
Net trading income (loss) [Line Items]
Gain (loss) on valuation of debt securities		(90,442)	(47,017)
Gain (loss) on valuation of equity securities		187,442	161,234
Gain (loss) on valuation of other securities		5,782	18,336
Gain (loss) on sale of debt securities		(93,528)	(1,933)
Gain (loss) on sale of equity securities		128,118	70,603
Net trading income (loss)		137,372	201,223
Trading liabilities
Net trading income (loss) [Line Items]
Gain (loss) on valuation of debt securities		(138,134)	(121,262)
Gain (loss) on valuation of equity securities		0
Gain (loss) on valuation of other securities		260	(61,321)
Gain (loss) on sale of debt securities		(20,610)	5,174
Gain (loss) on sale of equity securities		0
Gain (loss) on sale of other securities		2,440	2,589
Gain (loss) on transaction of derivatives		0
Gain (loss) on valuation of derivatives		0
Net trading income (loss)		(156,044)	(174,820)
Derivatives
Net trading income (loss) [Line Items]
Gain (loss) on valuation of debt securities	₩ 0
Gain (loss) on valuation of equity securities	0
Gain (loss) on valuation of other securities	0
Gain (loss) on sale of debt securities	0
Gain (loss) on sale of equity securities	0
Gain (loss) on sale of other securities	0
Gain (loss) on transaction of derivatives	179,928	612,670	341,440
Gain (loss) on valuation of derivatives	₩ (291,879)	369,225	1,667
Net trading income (loss)		₩ 981,895	₩ 343,107

Net gain (loss) on financial _8

Net gain (loss) on financial instruments measured at fair value through profit or loss(IFRS9) (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gain (loss) on financial instruments designated at fair value through profit or loss [Line Items]
Net gain (loss) on financial instruments designated at fair value through profit or loss	₩ (26,643)
Financial assets designated at fair value through profit or loss(IFRS9)
Net gain (loss) on financial instruments designated at fair value through profit or loss [Line Items]
Gain (loss) on sale of equity securities	(4,737)	₩ 5,622	₩ 5,747
Gain (loss) on valuation Borrowings	0
Loss on disposal and redemption Borrowings	0
Net gain (loss) on financial instruments designated at fair value through profit or loss	(4,737)
Financial liabilities designated at fair value through profit or loss (IFRS9)
Net gain (loss) on financial instruments designated at fair value through profit or loss [Line Items]
Gain (loss) on sale of equity securities	0
Gain (loss) on valuation Borrowings	382,667	(100,685)	(174,348)
Loss on disposal and redemption Borrowings	(404,573)	₩ (845,356)	₩ (376,590)
Net gain (loss) on financial instruments designated at fair value through profit or loss	₩ (21,906)

Net gain (loss) on financial _9

Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) [Line Items]
Net gain (loss) on financial instruments designated at fair value through profit or loss		₩ (1,059,826)	₩ (501,955)
Financial assets designated at fair value through profit or loss
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) [Line Items]
Gain (loss) on valuation of debt securities		(65,475)	20,498
Gain (loss) on valuation of equity securities		(78,633)	(5,664)
Gain (loss) on valuation of other securities		13,020	11,798
Gain (loss) on sale of debt securities		11,673	16,625
Gain (loss) on sale of equity securities	₩ (4,737)	5,622	5,747
Dividend income Equity securities		51	185
Gain (loss) on valuation Borrowings	0
Gain (loss) on disposal and redemption Borrowings	0
Net gain (loss) on financial instruments designated at fair value through profit or loss		(113,742)	49,189
Financial liabilities designated at FVTPL
Net gain (loss) on financial instruments designated at fair value through profit or loss(IAS39) [Line Items]
Gain (loss) on valuation of other securities			(97)
Gain (loss) on sale of equity securities	0
Gain (loss) on sale of other securities		(43)	(109)
Gain (loss) on valuation Borrowings	382,667	(100,685)	(174,348)
Gain (loss) on disposal and redemption Borrowings	₩ (404,573)	(845,356)	(376,590)
Net gain (loss) on financial instruments designated at fair value through profit or loss		₩ (946,084)	₩ (551,144)

Allowance provided (reversed)_3

Allowance provided (reversed) for credit loss on financial assets (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Allowance provided (reversed) for credit loss [Line Items]
Provision for (reversal of) allowance	₩ (728,585)	[1]
Provision for (reversal of) allowance	(4,826)
Allowance provided (reversed) for credit loss	(747,877)
Loans at amortized cost net category
Allowance provided (reversed) for credit loss [Line Items]
Provision for (reversal of) allowance	(704,515)
Allowance provided (reversed) for credit loss	(704,515)
Other
Allowance provided (reversed) for credit loss [Line Items]
Provision for (reversal of) allowance	(24,070)
Allowance provided (reversed) for credit loss	(24,070)
Securities at fair value through other comprehensive income
Allowance provided (reversed) for credit loss [Line Items]
Provision for (reversal of) allowance	(12,066)
Allowance provided (reversed) for credit loss	(12,066)
Securities at amortized cost
Allowance provided (reversed) for credit loss [Line Items]
Provision for (reversal of) allowance	(2,400)
Allowance provided (reversed) for credit loss	(2,400)
Unused credit line and financial guarantee
Allowance provided (reversed) for credit loss [Line Items]
Provision for (reversal of) allowance	(4,826)
Allowance provided (reversed) for credit loss	₩ (4,826)
[1]	As the accounting for the acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed, the amount was adjusted retrospectively.

Net impairment loss on financ_3

Net impairment loss on financial assets (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Net impairment loss on financial assets [Line Items]
Impairment loss on financial assets	₩ (1,017,609)	₩ (1,204,013)
Reversal of Impairment loss on financial assets	4,061	8,350
Net impairment loss on financial assets	(1,013,548)	(1,195,663)
Loans
Net impairment loss on financial assets [Line Items]
Impairment loss on financial assets	(799,577)	(1,102,781)
Net impairment loss on financial assets	(799,577)	(1,102,781)
Available-for-sale financial assets
Net impairment loss on financial assets [Line Items]
Impairment loss on financial assets	(202,360)	(96,381)
Reversal of Impairment loss on financial assets	4,061	8,350
Net impairment loss on financial assets	(198,299)	(88,031)
Other financial assets
Net impairment loss on financial assets [Line Items]
Impairment loss on financial assets	(15,672)	(4,851)
Net impairment loss on financial assets	₩ (15,672)	₩ (4,851)

General and administrative ex_3

General and administrative expense (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Employee benefits:
Salaries	₩ 2,736,604	₩ 2,668,224	₩ 2,515,492
Defined contribution	23,745	21,040	22,007
Defined benefit	133,749	173,080	181,703
Termination benefits	115,275	285,158	106,833
Subtotal	3,009,373	3,147,502	2,826,035
Rent	357,981	336,124	340,504
Entertainment	30,442	29,039	31,409
Depreciation	171,771	173,541	177,405
Amortization	73,575	66,860	74,222
Taxes and dues	176,133	165,689	164,177
Advertising	287,688	271,819	292,552
Research	13,928	14,093	14,070
Others	620,684	606,531	588,201
General and administrative expenses	₩ 4,741,575	₩ 4,811,198	₩ 4,508,575

Stock options granted (Details)

Stock options granted (Details)	12 Months Ended
	Dec. 31, 2018KRW (₩)₩ / shares
4th grant
Stock options granted [Line Items]
Grant date	March 30, 2005
Exercise price in won | ₩	₩ 28,006	[1]
Number of shares granted	2,695,200
Options expiry dates	Aug. 30, 2018
Changes in number of shares granted:
Balance at January 1, 2018	2,500
Exercised	2,500
Balance at December 31, 2018 | ₩ / shares	0
Fair value per share in won	-
5th grant
Stock options granted [Line Items]
Grant date	March 21, 2006
Exercise price in won | ₩	₩ 38,829	[1]
Number of shares granted	3,296,200
Options expiry dates	Aug. 21, 2019
Changes in number of shares granted:
Balance at January 1, 2018	2,500
Exercised | ₩ / shares	0
Balance at December 31, 2018	2,500
Fair value per share in won	2,874
6th grant
Stock options granted [Line Items]
Grant date	March 20, 2007
Exercise price in won | ₩	₩ 54,560	[1]
Number of shares granted	1,301,050
Options expiry dates	Aug. 19, 2020
Changes in number of shares granted:
Balance at January 1, 2018	58,764
Exercised | ₩ / shares	0
Balance at December 31, 2018	58,764
Fair value per share in won	397
7th grant
Stock options granted [Line Items]
Grant date	March 19, 2008
Exercise price in won | ₩	₩ 49,053	[1]
Number of shares granted	808,700
Options expiry dates	May NaN, 2021
Changes in number of shares granted:
Balance at January 1, 2018	45,628
Exercised | ₩ / shares	0
Balance at December 31, 2018	45,628
Fair value per share in won	1,441 (Expiration of contractual exercise period : May 17, 2021) 1,610 (Expiration of contractual exercise period : Sep 17, 2021)
[1]	The weighted average exercise price for 106,892 stock options outstanding at December 31, 2018 is KRW 51,841.

Performance shares (Details)

Performance shares (Details)	12 Months Ended
	Dec. 31, 2018
Expired performance shares
Performance shares [Line Items]
Type	Cash-settled share-based payment
Performance conditions	Increase rate of the stock price and achievement of target ROE
Operating period	4 or 5 years
Estimated number of shares vested at December 31, 2018	397,464
Not Expired performance shares
Performance shares [Line Items]
Type	Cash-settled share-based payment
Performance conditions	Increase rate of the stock price and achievement of target ROE
Operating period	4 or 5 years
Estimated number of shares vested at December 31, 2018	1,336,188

Fair value performance shares (

Fair value performance shares (Details)	Dec. 31, 2018KRW (₩)
Vested at December 31, 2013
Fair value performance shares [Line Items]
Fair value per share	₩ 45,926
Vested at December 31, 2014
Fair value performance shares [Line Items]
Fair value per share	47,376
Vested at December 31, 2015
Fair value performance shares [Line Items]
Fair value per share	40,889
Vested at December 31, 2016
Fair value performance shares [Line Items]
Fair value per share	45,766
Vested at December 31, 2017
Fair value performance shares [Line Items]
Fair value per share	49,405
Vested at December 31, 2018
Fair value performance shares [Line Items]
Fair value per share	40,580
Not Expired performance shares
Fair value performance shares [Line Items]
Fair value per share	₩ 39,600

Share-based compensation costs

Share-based compensation costs (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based compensation costs [Line Items]
Employees of The controlling company	₩ 1,072	₩ 2,006	₩ 2,977
Employees of The subsidiaries	9,510	17,166	24,960
Total	10,582	19,172	27,937
4th Stock options granted
Share-based compensation costs [Line Items]
Employees of The controlling company	0	67	51
Employees of The subsidiaries	(14)	413	533
Total	(14)	480	584
5th Stock options granted
Share-based compensation costs [Line Items]
Employees of The controlling company	0	48	36
Employees of The subsidiaries	(19)	757	582
Total	(19)	805	618
6th Stock options granted
Share-based compensation costs [Line Items]
Employees of The controlling company	(23)	26	0
Employees of The subsidiaries	(139)	159	0
Total	(162)	185	0
7th Stock options granted
Share-based compensation costs [Line Items]
Employees of The controlling company	(59)	83	0
Employees of The subsidiaries	(86)	120	0
Total	(145)	203	0
Performance shares
Share-based compensation costs [Line Items]
Employees of The controlling company	1,154	1,782	2,890
Employees of The subsidiaries	9,768	15,717	23,845
Total	₩ 10,922	₩ 17,499	₩ 26,735

Accrued expenses and the intrin

Accrued expenses and the intrinsic value recognized in share-based payments (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Accrued expenses and the intrinsic value recognized in share-based payments [Line Items]
Employees of The controlling company	₩ 7,355	₩ 8,395
Employees of The subsidiaries	61,850	63,128
Total	69,205	71,523
4th Stock options granted
Accrued expenses and the intrinsic value recognized in share-based payments [Line Items]
Employees of The controlling company	0	0
Employees of The subsidiaries	0	54
Total	0	54
5th Stock options granted
Accrued expenses and the intrinsic value recognized in share-based payments [Line Items]
Employees of The controlling company	0	0
Employees of The subsidiaries	7	26
Total	7	26
6th Stock options granted
Accrued expenses and the intrinsic value recognized in share-based payments [Line Items]
Employees of The controlling company	3	26
Employees of The subsidiaries	20	159
Total	23	185
7th Stock options granted
Accrued expenses and the intrinsic value recognized in share-based payments [Line Items]
Employees of The controlling company	24	83
Employees of The subsidiaries	33	120
Total	57	203
Performance shares
Accrued expenses and the intrinsic value recognized in share-based payments [Line Items]
Employees of The controlling company	7,328	8,286
Employees of The subsidiaries	61,790	62,769
Total	₩ 69,118	₩ 71,055

Net other operating expense (De

Net other operating expense (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other operating income [Abstract]
Gain on sale of Loans		₩ 50,707	₩ 69,002
Gain on sales of loans at amortized cost	₩ 40,624
Miscellaneous other operating income [Abstract]
Gain on hedged items	418,390	634,695	392,913
Reversal of allowance for acceptances and guarantee	2,834	0	4,046
Gain on trust account	0	14	3,379
Reversal of other allowance	5,033	286,932	30,419
Others	131,345	82,375	47,556
Miscellaneous other operating income	557,602	1,004,016	478,313
Other operating income	598,226	1,054,723	547,315
Other operating expense [Abstract]
Loss on sale of Loans		(8,394)	(11,021)
Loss on sale of loans at amortized cost	(14,271)
Miscellaneous other operating expense [Abstract]
Loss on hedged items	(406,872)	(629,754)	(451,728)
Contribution	(283,331)	(252,419)	(252,178)
Provision for acceptances and guarantee allowance	0	(2,548)	(7,933)
Provision for other allowance	(13,036)	(12,133)	(84,048)
Depreciation of operating lease assets	(56,570)	(12,943)	(8,315)
Others	(653,501)	(599,524)	(530,003)
Miscellaneous other operating expense	(1,413,310)	(1,509,321)	(1,334,205)
Other operating expense	(1,427,581)	(1,517,715)	(1,345,226)
Net other operating expenses	₩ (829,355)	₩ (462,992)	₩ (797,911)

Net other non-operating incom_2

Net other non-operating income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Gain on sale of assets [Abstract]
Gain on sale of property and equipment	₩ 12,611	₩ 5,278	₩ 3,343
Gain on sale of assets held for sale	0	22,748	0
Gain on sale of investment property	4,783	219	2,668
Gain on sale of lease assets	1,153	605	272
Gain on sale of others	0	125	95
Gain on sale of assets	18,547	28,975	6,378
Gain on sale of investments in associates	17,427	8,891	5,218
Miscellaneous other non-operating income [Abstract]
Rental income on investment property	32,488	33,023	27,852
Reversal of impairment losses on intangible asset	62	91	301
Gain from assets contributed	77	1,067	53
Others	49,276	67,535	104,563
Miscellaneous other non-operating income	81,903	101,716	132,769
Other non-operating income	117,877	139,582	144,365
Loss on sale of assets [Abstract]
Loss on sale of property and equipment	(3,082)	(2,642)	(2,811)
Loss on sale of investment property	(2,958)	(1,627)	(248)
Loss on sale of lease assets	(3,964)	(1,282)	(2,429)
Loss on sale of others	(3)	(149)	(118)
Loss on sale of assets	(10,007)	(5,700)	(5,606)
Loss from investments in associates [Abstract]
Loss on sale of investments in associates	(11,546)	(1,332)	(3,315)
Impairment loss on investments in associates	(5,849)	(144)	(7,339)
Loss from investments in associates	(17,395)	(1,476)	(10,654)
Miscellaneous other non-operating expense [Abstract]
Donations	(88,650)	(140,243)	(19,367)
Depreciation of investment properties	(16,917)	(16,095)	(19,588)
Impaired loss on property and equipment	0	(16)	(2,204)
Impaired loss on intangible assets	(771)	(271)	(3,411)
Write-off of intangible assets	(1,537)	(1,210)	(966)
Collecting of written-off expenses	(6,048)	(7,162)	(4,379)
Others	(26,844)	(20,220)	(26,355)
Miscellaneous other non-operating expense	(140,767)	(185,217)	(76,270)
Other non-operating expense	(168,169)	(192,393)	(92,530)
Net other non-operating income	₩ (50,292)	₩ (52,811)	₩ 51,835

Income tax expense (Details)

Income tax expense (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income tax expense [Abstract]
Current income tax expense	₩ 900,016	₩ 749,649	₩ 718,757
Adjustment for prior periods	(3,261)	(23,265)	(36,372)
Temporary differences	383,190	46,468	(480,280)
Income tax recognized in other comprehensive income	(11,600)	75,551	143,448
Income tax expenses	₩ 1,268,345	₩ 848,403	₩ 345,553

Income tax expense calculated b

Income tax expense calculated by multiplying net income before tax with the tax rate (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income tax expense calculated by multiplying net income before tax with the tax rate [Abstract]
Profit before income taxes	₩ 4,466,610	₩ 3,797,608	₩ 3,170,472
Income taxes at statutory tax rates	1,222,840	917,802	765,395
Non-taxable income	(6,300)	(10,614)	(30,839)
Non-deductible expense	12,854	12,772	18,786
Tax credit	(23,317)	(195)	(401)
Recognition of deferred tax assets related to expired unused tax losses	0	0	(357,307)
Changes in deferred tax due to change in tax rate	0	(72,985)	0
Other	65,529	24,888	(13,709)
Refund due to adjustments of prior year tax returns	(3,261)	(23,265)	(36,372)
Income tax expenses	₩ 1,268,345	₩ 848,403	₩ 345,553
Effective tax rate	28.40%	22.34%	10.90%

Deferred tax expenses by origin

Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		₩ 581,219	[1]	₩ 630,423
Beginning balance(adjusted)	[2]	788,106
Profit or loss		(371,561)		(124,755)
Other comprehensive income		(11,600)		75,551		₩ 143,448
Ending balance		404,945	[1]	581,219	[1]	630,423
Temporary Difference
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		205,412	[1]	273,116
Beginning balance(adjusted)	[2]	412,299
Profit or loss		(363,198)		(143,255)
Other comprehensive income		(11,600)		75,551
Ending balance		37,501	[1]	205,412	[1]	273,116
Unearned income
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(202,069)	[1]	(139,234)
Beginning balance(adjusted)	[2]	(202,069)
Profit or loss		(53,267)		(62,835)
Ending balance		(255,336)	[1]	(202,069)	[1]	(139,234)
Account receivable
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(19,267)	[1]	(11,493)
Beginning balance(adjusted)	[2]	(19,267)
Profit or loss		(4,872)		(7,774)
Ending balance		(24,139)	[1]	(19,267)	[1]	(11,493)
Financial assets at fair value through profit or loss
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance(adjusted)	[2]	(47,548)
Profit or loss		79,000
Other comprehensive income		16,825
Ending balance	[1]	48,277
Securities at fair value through other comprehensive income
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance(adjusted)	[2]	307,729
Profit or loss		(47,548)
Other comprehensive income		(82,823)
Ending balance	[1]	177,358
Trading assets
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		11,417	[1]	(33,424)
Profit or loss				44,841
Ending balance				11,417	[1]	(33,424)
Available-for-sale financial assets
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		274,500	[1]	86,897
Profit or loss				77,198
Other comprehensive income				110,405
Ending balance				274,500	[1]	86,897
Investment in associates
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		24,922	[1]	20,112
Beginning balance(adjusted)	[2]	24,918
Profit or loss		3,205		1,062
Other comprehensive income		(3,380)		3,748
Ending balance		24,743	[1]	24,922	[1]	20,112
Valuation and depreciation of property and equipment
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(163,312)	[1]	(146,860)
Beginning balance(adjusted)	[2]	(163,313)
Profit or loss		1,317		(16,452)
Ending balance		(161,996)	[1]	(163,312)	[1]	(146,860)
Derivatives
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(77,244)	[1]	125,233
Beginning balance(adjusted)	[2]	(70,828)
Profit or loss		171,000		(197,253)
Other comprehensive income		11,579		(5,224)
Ending balance		111,751	[1]	(77,244)	[1]	125,233
Deposits
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		27,904	[1]	18,162
Beginning balance(adjusted)	[2]	27,904
Profit or loss		132		9,742
Ending balance		28,036	[1]	27,904	[1]	18,162
Accrued expenses
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		171,310	[1]	108,700
Beginning balance(adjusted)	[2]	171,310
Profit or loss		(38,621)		62,610
Ending balance		132,689	[1]	171,310	[1]	108,700
Defined benefit obligation
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		408,266	[1]	378,400
Beginning balance(adjusted)	[2]	408,266
Profit or loss		6,965		50,410
Other comprehensive income		32,427		(20,544)
Ending balance		447,658	[1]	408,266	[1]	378,400
Plan assets
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(411,936)	[1]	(313,708)
Beginning balance(adjusted)	[2]	(411,935)
Profit or loss		(37,117)		(100,624)
Other comprehensive income		2,729		2,396
Ending balance		(446,323)	[1]	(411,936)	[1]	(313,708)
Other provisions
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		174,265	[1]	221,749
Beginning balance(adjusted)	[2]	191,298
Profit or loss		3,177		(47,484)
Ending balance		194,475	[1]	174,265	[1]	221,749
Allowance for acceptances and guarantees
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		23,138	[1]	19,530
Beginning balance(adjusted)	[2]	23,929
Profit or loss		5,228		3,608
Ending balance		29,157	[1]	23,138	[1]	19,530
Allowance related to asset revaluation
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(52,886)	[1]	(46,977)
Beginning balance(adjusted)	[2]	(52,886)
Profit or loss		3,173		(5,909)
Ending balance		(49,713)	[1]	(52,886)	[1]	(46,977)
Allowance for expensing depreciation
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(529)	[1]	(521)
Beginning balance(adjusted)	[2]	(529)
Profit or loss		64		(8)
Ending balance		(465)	[1]	(529)	[1]	(521)
Deemed dividend
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		5,317	[1]	1,378
Beginning balance(adjusted)	[2]	5,317
Profit or loss		(5,317)		3,939
Ending balance				5,317	[1]	1,378
Accrued contributions
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		11,904	[1]	8,764
Beginning balance(adjusted)	[2]	11,904
Profit or loss		9,807		3,140
Ending balance		21,711	[1]	11,904	[1]	8,764
Financial instruments designated at fair value through profit of loss
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(6,488)	[1]	(58,885)
Beginning balance(adjusted)	[2]	(7,194)
Profit or loss		(80,214)		52,397
Ending balance		(87,408)	[1]	(6,488)	[1]	(58,885)
Allowances
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		24,353	[1]	94,554
Beginning balance(adjusted)	[2]	131,222
Profit or loss		(82,438)		(70,201)
Ending balance		48,784	[1]	24,353	[1]	94,554
Fictitious dividend
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		4,990	[1]	4,833
Beginning balance(adjusted)	[2]	4,990
Profit or loss		(3,665)		157
Ending balance		1,325	[1]	4,990	[1]	4,833
Liability under insurance contracts
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		18,105	[1]	13,104
Beginning balance(adjusted)	[2]	18,105
Profit or loss		4,488		5,001
Ending balance		22,593	[1]	18,105	[1]	13,104
Deficit carried over
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance	[1]	1,505
Beginning balance(adjusted)	[2]	1,505
Profit or loss		(1,505)		1,505
Ending balance	[1]			1,505
Other
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		(42,753)	[1]	(77,198)
Beginning balance(adjusted)	[2]	59,471
Profit or loss		(296,190)		49,675
Other comprehensive income		11,043		(15,230)
Ending balance		(225,676)	[1]	(42,753)	[1]	(77,198)
Extinguishment of deposit and insurance liabilities
Deferred tax expenses by origination and reversal of deferred assets and liabilities and temporary differences [Line Items]
Beginning balance		375,807	[1]	357,307
Beginning balance(adjusted)	[2]	375,807
Profit or loss		(8,363)		18,500
Ending balance		₩ 367,444	[1]	₩ 375,807	[1]	₩ 357,307
[1]	Deferred tax assets from overseas subsidiaries were decreased due to foreign exchange rate movements by KRW 1,654 million and KRW 29 million as of December 31, 2017 and 2018, respectively.
[2]	Changes in the scope of application of IFRS 9 and 15 have been reflected.

Deferred tax assets and liabili

Deferred tax assets and liabilities that were directly charged or credited to equity (Details) - KRW (₩) ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
OCI
Beginning balance	[1]	₩ (963,126)	₩ (77,934)
Changes		68,415	(505,955)
Ending balance		(894,711)	(583,889)
Tax effect
Beginning balance		156,381	(24,649)
Changes		(14,891)	78,804
Ending balance		141,490	54,155
Gain (loss) on valuation of financial assets measured at FVOCI
OCI
Beginning balance	[1]	(255,593)
Changes		267,306
Ending balance		11,713
Tax effect
Beginning balance		76,124
Changes		(84,878)
Ending balance		(8,754)
Gain (loss) on financial liabilities measured at FVTPL attributable to changes in credit risk
OCI
Beginning balance	[1]	(2,141)
Changes		2,376
Ending balance		235
Tax effect
Beginning balance		588
Changes		(653)
Ending balance		(65)
Gain (loss) on valuation of available-for-sale financial assets
OCI
Beginning balance	[1]		524,335
Changes			(432,461)
Ending balance			91,874
Tax effect
Beginning balance			(130,153)
Changes			110,405
Ending balance			(19,748)
Foreign currency translation adjustments for foreign operations
OCI
Beginning balance	[1]	(317,264)	(141,815)
Changes		10,498	(178,244)
Ending balance		(306,766)	(320,059)
Tax effect
Beginning balance		(25,054)	(9,910)
Changes		9,967	(15,230)
Ending balance		(15,087)	(25,140)
Gain (loss) on cash flow hedge
OCI
Beginning balance	[1]	7,286	(17,763)
Changes		(31,771)	21,128
Ending balance		(24,485)	3,365
Tax effect
Beginning balance		(4,845)	4,299
Changes		11,578	(5,224)
Ending balance		6,733	(925)
Equity in other comprehensive income of associates
OCI
Beginning balance	[1]	(5,868)	22,559
Changes		10,825	(25,300)
Ending balance		4,957	(2,741)
Tax effect
Beginning balance		3,306	(1,301)
Changes		(3,380)	3,748
Ending balance		(74)	2,447
The accumulated other comprehensive income in separate account
OCI
Beginning balance	[1]	(6,295)	5,891
Changes		11,967	(12,529)
Ending balance		5,672	(6,638)
Tax effect
Beginning balance		1,731	(1,425)
Changes		(3,291)	3,251
Ending balance		(1,560)	1,826
Remeasurements of the defined benefit liability
OCI
Beginning balance	[1]	(349,538)	(471,141)
Changes		(127,844)	121,451
Ending balance		(477,382)	(349,690)
Tax effect
Beginning balance		95,543	113,841
Changes		35,157	(18,146)
Ending balance		130,700	₩ 95,695
Gain (loss) on valuation of financial asset measured at FVTPL (overlay approach)
OCI
Beginning balance	[1]	(33,713)
Changes		(74,942)
Ending balance		(108,655)
Tax effect
Beginning balance		8,988
Changes		20,609
Ending balance		₩ 29,597
[1]	Changes in the scope of application of IFRS 9 and 15 have been reflected.

The amount of deductible tempor

The amount of deductible temporary differences, unused tax losses, and unused tax credits that are not recognized as deferred tax assets (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The amount of deductible temporary differences, unused tax losses, and unused tax credits that are not recognized as deferred tax assets [Abstract]
Tax loss carry forward	₩ 99,449	₩ 99,449

The expected extinctive date of

The expected extinctive date of unused tax losses for which no deferred tax asset recognised current year (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The expected extinctive date of unused tax losses for which no deferred tax asset recognised current year [Line Items]
Tax loss carry forward	₩ 99,449	₩ 99,449
Not later than 1 year
The expected extinctive date of unused tax losses for which no deferred tax asset recognised current year [Line Items]
Tax loss carry forward	99,449
1 ~ 2 years
The expected extinctive date of unused tax losses for which no deferred tax asset recognised current year [Line Items]
Tax loss carry forward	0
2 ~ 3 years
The expected extinctive date of unused tax losses for which no deferred tax asset recognised current year [Line Items]
Tax loss carry forward	0
More than 3 years
The expected extinctive date of unused tax losses for which no deferred tax asset recognised current year [Line Items]
Tax loss carry forward	₩ 0

The amount of temporary differe

The amount of temporary difference regarding investment in subsidiaries that are not recognized as deferred tax liabilities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
The amount of temporary difference regarding investment in subsidiaries that are not recognized as deferred tax liabilities [Abstract]
Investment in subsidiaries	₩ (686,107)	₩ (480,184)

Deferred tax assets and liabi_2

Deferred tax assets and liabilities presented on a gross basis prior to any offsetting (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets and liabilities presented on a gross basis prior to any offsetting [Abstract]
Deferred tax assets	₩ 483,517	₩ 659,594
Deferred tax liabilities	₩ (78,572)	₩ (77,293)

Earnings per share (Details)

Earnings per share (Details) - KRW (₩) ₩ / shares in Units, ₩ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings per share [Abstract]
Profit (loss), attributable to owners of parent		₩ 3,156,722	₩ 2,918,816	₩ 2,774,778
Less
Dividends on preferred stock		0	0	18,836
Dividends to hybrid bonds	[1]	40,357	17,678	36,091
Total		40,357	17,678	54,927
Net profit available for common stock		₩ 3,116,365	₩ 2,901,138	₩ 2,719,851
Weighted average number of common shares outstanding		473,649,076	474,199,587	474,199,587
Basic and diluted earnings per share in won		₩ 6,579	₩ 6,118	₩ 5,736
[1]	The dividends to hybrid bonds that were early redeemed during the period are included.

Guarantees, acceptances and cre

Guarantees, acceptances and credit commitments (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Guarantees
Guarantee outstanding	₩ 9,437,691	₩ 7,611,211
Contingent guarantees	3,985,532	3,259,613
Subtotal	13,423,223	10,870,824
Commitments to extend credit
Loan commitments in won	69,906,336	54,827,918
Loan commitments in foreign currency	19,967,297	18,992,984
ABS and ABCP commitments	2,083,522	2,035,543
Others	73,816,233	66,767,465
Subtotal	165,773,388	142,623,910
Endorsed bills
Secured endorsed bills	37,667	85,456
Unsecured endorsed bills	7,758,242	7,810,788
Subtotal	7,795,909	7,896,244
Loans sold under repurchase agreement	2,099	2,099
Total	₩ 186,994,619	₩ 161,393,077

Legal contingencies (Details)

Legal contingencies (Details) ₩ in Millions	Dec. 31, 2018KRW (₩)
Case
Legal contingencies [Line Items]
Number of claim	155
Claim amount	₩ 104,234	[1]
Payment Guarantee
Legal contingencies [Line Items]
Number of claim	1
Claim amount	₩ 12,866	[1]
Compensation for a loss
Legal contingencies [Line Items]
Number of claim	1
Claim amount	₩ 6,893	[1]
Confirm deposit accounts
Legal contingencies [Line Items]
Number of claim	1
Claim amount	₩ 5,575	[1]
Others
Legal contingencies [Line Items]
Number of claim	152
Claim amount	₩ 78,900	[1]
[1]	As of December 31, 2018, the Group has recorded KRW 25,554 million and KRW 1,006 million, respectively, as other provisions and insurance contract liabilities (reserve for claims) for litigations, etc., The outcome of the lawsuits is not expected to have a material impact on the consolidated financial statements, but additional losses may result from future litigation.

Cash and cash equivalents in th

Cash and cash equivalents in the consolidated statements of cash flows (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and cash equivalents in the consolidated statements of cash flows [Abstract]
Cash and due from banks		₩ 22,682,652	₩ 19,196,875
Cash and due from banks at amortized cost	₩ 17,363,450
Due from financial institutions with a maturity over three months from date of acquisition	(3,008,188)	(3,010,471)	(4,458,286)
Restricted due from banks	(6,175,506)	(13,435,531)	(9,106,053)
Total	₩ 8,179,756	₩ 6,236,650	₩ 5,632,536	₩ 4,607,251

Significant non-cash activities

Significant non-cash activities (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Significant non-cash activities [Abstract]
Debt-equity swap	₩ 28,759	₩ 32,530	₩ 32,229
Transfers from construction-in-progress to property and equipment	6,319	14,285	15,405
Transfers between property and equipment and investment property	28,199	91,782	10,898
Transfers between assets held for sale to property and equipment	80	5,336	411
Transfers between investment property and assets held for sale	₩ 0	₩ 6,306	₩ 2,200

Changes in assets and liabiliti

Changes in assets and liabilities arising from financing activities (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Changes in assets and liabilities arising from financing activities [Line Items]
Balance at January 1	₩ 79,077,675	₩ 69,785,211
Changes from cash flows	13,552,822	10,793,698
Amortization of discount on borrowings and debentures	516,985	17,606
Changes in foreign currency exchange rate	1,184,789	(658,686)
Others	(1,193,974)	(860,154)
Balance at December 31	93,138,297	79,077,675
Assets | Derivatives
Changes in assets and liabilities arising from financing activities [Line Items]
Balance at January 1	3,966	153,343
Changes from cash flows	(5,845)	(48,499)
Amortization of discount on borrowings and debentures	0	0
Changes in foreign currency exchange rate	0	0
Others	9,356	(100,878)
Balance at December 31	7,477	3,966
Liability | Derivatives
Changes in assets and liabilities arising from financing activities [Line Items]
Balance at January 1	146,278	10,842
Changes from cash flows	(12,002)	10,211
Amortization of discount on borrowings and debentures	0	0
Changes in foreign currency exchange rate	0	0
Others	(49,697)	125,225
Balance at December 31	84,579	146,278
Liability | Borrowings
Changes in assets and liabilities arising from financing activities [Line Items]
Balance at January 1	27,586,610	25,294,241
Changes from cash flows	1,772,203	3,047,844
Amortization of discount on borrowings and debentures	181,050	1,480
Changes in foreign currency exchange rate	955,512	(22,850)
Others	(676,833)	(734,105)
Balance at December 31	29,818,542	27,586,610
Liability | Debentures
Changes in assets and liabilities arising from financing activities [Line Items]
Balance at January 1	51,340,821	44,326,785
Changes from cash flows	11,798,466	7,784,142
Amortization of discount on borrowings and debentures	335,935	16,126
Changes in foreign currency exchange rate	229,277	(635,836)
Others	(476,800)	(150,396)
Balance at December 31	₩ 63,227,699	₩ 51,340,821

Related parties - Balances with

Related parties - Balances with the related parties (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
BNP Paribas Cardif Life Insurance
Assets:
Credit card loans	₩ 116	₩ 191
Allowances	0	(4)
Other assets	9,860	9,868
Liabilities:
Deposits	444	446
Provisions	0	2
JAEYOUNG SOLUTEC CO., LTD.
Assets:
Loans	0	14,847
Credit card loans	0	33
Allowances	0	(124)
Liabilities:
Deposits	0	2,659
Provisions	0	4
Partners 4th Growth Investment Fund
Liabilities:
Deposits	1,855	2,076
BNP Paribas Cardif General Insurance
Assets:
Credit card loans	29	29
Allowances	(2)	(1)
Liabilities:
Deposits	157	221
Shinhan Praxis K-Growth Global Private Equity Fund
Assets:
Other assets	151	174
Dream High Fund III
Liabilities:
Deposits	4	3
Midas Dong-A Snowball Venture Fund
Liabilities:
Deposits	159	220
IBKS-Shinhan Creative Economy New Technology Fund
Liabilities:
Deposits	0	78
Credian Healthcare Private Equity Fund II
Liabilities:
Deposits	45	26
KDBC Midas Dong-A Snowball Venture Fund II
Liabilities:
Deposits	354	239
IBKS-Shinhan Creative Economy New Technology Fund II
Liabilities:
Deposits	672	76
Eum Private Equity Fund No.3
Liabilities:
Deposits	49	65
Branbuil CO., LTD.
Liabilities:
Deposits	0	55
SHBNPP Private Korea Equity Long-Short Professional Feeder
Assets:
Other assets	133	97
Shinhan Global Healthcare Fund 1
Liabilities:
Unearned revenue	360	409
Shinhan Fintech New Technology Fund No.1
Liabilities:
Unearned revenue	123	123
KTB Newlake Global Healthcare PEF
Liabilities:
Deposits	151	465
Provisions	0	13
Taihan Industrial System Co., Ltd.
Liabilities:
Deposits	85	100
Incorporated association Finance Saving Information Center
Assets:
Credit card loans	3	0
Liabilities:
Deposits	4	4
GX SHINHAN INTERVEST 1st Private Equity Fund
Liabilities:
Unearned revenue	278
Nomura investment property trust No.19
Assets:
Loans	11,966
Other assets	45
SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3
Assets:
Other assets	236
Key management personnel and their immediate relatives:
Assets:
Loans	₩ 3,313	₩ 3,247

Related parties - Transactions

Related parties - Transactions with the related parties (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Aju Capital Co., Ltd.
Related parties - Transactions Between related parties [Line Items]
Interest income	₩ 0	₩ 0	₩ 7,332
Fees and commission income	0	0	257
Interest expense	0	0	(2)
Fees and commission expense	0	0	(302)
General and administrative expenses	0	0	0
Other operating expense	0	0	(18)
Non-operating expense	0	0	0
Provision for credit losses	0	0	(149)
Pohang TechnoPark 2PFV
Related parties - Transactions Between related parties [Line Items]
Interest expense	0	0	(15)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
BNP Paribas Cardif Life Insurance
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	3,716	4,631	4,265
Reversal of credit losses	4	0	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	(17)	(10)	(9)
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	(3)	(1)
Shinhan Praxis K-Growth Global Private Equity Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	685	689	691
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
BNP Paribas Cardif General Insurance
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	9	4	4
Reversal of credit losses	0	1	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	(2)	0	(1)
Shinhan K2 Secondary Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	0	0	665
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Midas Dong-A Snowball Venture Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	47	38	28
Interest expense	(2)	(3)	(4)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SHC-EN Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	0	0	149
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SP New Technology Business investment Fund I
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	317	41	30
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
IBKS-Shinhan Creative Economy New Technology Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	13	37	50
Interest expense	0	(2)	(1)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SM New Technology Business Investment Fund I
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	55	55	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
JAEYOUNG SOLUTEC CO., LTD.
Related parties - Transactions Between related parties [Line Items]
Interest income	523	654	671
Fees and commission income	2	1	1
Other operating income	3	3	7
Reversal of credit losses	0	1	89
Interest expense	(2)	(4)	(21)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	(1)	(55)	0
Korea Investment Gong-pyeong Office Real Estate Investment Trust 2nd
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	0	0	55
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
The Asia Pacific Capital Fund II L.P.
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	0	85	175
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Partners 4th Growth Investment Fund
Related parties - Transactions Between related parties [Line Items]
Interest expense	(19)	(16)	(2)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Albatross Growth Fund
Related parties - Transactions Between related parties [Line Items]
Interest expense	0	0	(6)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan-Albatross Growth Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	216	152	0
Interest expense	0	(21)	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
PSA 1st Fintech Private Equity Fund
Related parties - Transactions Between related parties [Line Items]
Interest expense	0	0	(5)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
IBKS-Shinhan Creative Economy New Technology Fund II
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	16	25	22
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
KDBC Midas Dong-A Snowball Venture Fund II
Related parties - Transactions Between related parties [Line Items]
Interest expense	(2)	0	(1)
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SHBNPP Private Korea Equity Long-Short Professional Feeder
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	975	892	785
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SHBNPP Private Multi Strategy Professional Feeder No.1
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	0	0	160
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Semantic
Related parties - Transactions Between related parties [Line Items]
Interest income	0	0	15
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	(1)
Branbuil CO., LTD.
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	0	2	1
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	(1)
Treenkid
Related parties - Transactions Between related parties [Line Items]
Interest income	0	0	3
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
STI-New Growth Engines Investment
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	16	30	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan Fintech New Technology Fund No.1
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	153	30	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
KTB New lake medical Global Investment
Related parties - Transactions Between related parties [Line Items]
Interest income	2	10	0
Other operating income	0	(13)	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan Global Healthcare Fund 1
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	785	282	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Taihan Industrial System Co., Ltd.
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	1	2	0
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan capital-Cape FN Fund No.1
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	82
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SHC-K2 Global Material Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	20
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Synergy-Shinhan Mezzanine New Technology Investment Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	127
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan-Midas Dong-A Secondary Venture Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	71
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
GX SHINHAN INTEREST 1st Private Equity Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	412
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan-Nvestor Liquidity Solution Fund
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	214
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
SHC ULMUS Fund No.1
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	51
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Shinhan-PS Investment Fund No.1
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	12
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Nomura investment property trust No.19
Related parties - Transactions Between related parties [Line Items]
Interest income	312
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	(34)	0	0
SHBNPP MAIN Professional Investment Type Private Mixed Asset Investment Trust No.3
Related parties - Transactions Between related parties [Line Items]
Fees and commission income	236
Interest expense	0	0	0
Fees and commission expense	0	0	0
General and administrative expenses	0	0	0
Other operating expense	0	0	0
Non-operating expense	0	0	0
Provision for credit losses	0	0	0
Key management personnel and their immediate relatives:
Related parties - Transactions Between related parties [Line Items]
Interest income	₩ 101	₩ 101	₩ 68

Related parties - Key managemen

Related parties - Key management personnel compensation (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Key management personnel compensation [Abstract]
Short-term employee benefits	₩ 22,502	₩ 17,112	₩ 16,428
Severance benefits	419	979	418
Share-based payment transactions	4,944	6,787	9,162
Key management personnel compensation	₩ 27,865	₩ 24,878	₩ 26,008

Related parties - The guarantee

Related parties - The guarantees provided between the related parties (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Related parties - The guarantees provided between the related parties [Line Items]
Amount of guarantees	₩ 10,849	₩ 17,238
New Lake Alliance | Unused credit line
Related parties - The guarantees provided between the related parties [Line Items]
Amount of guarantees	849	700
BNP Paribas Cardif Life Insurance | Unused credit line
Related parties - The guarantees provided between the related parties [Line Items]
Amount of guarantees	10,000	10,000
Neoplux Technology Valuation Investment Fund | Security underwriting commitment
Related parties - The guarantees provided between the related parties [Line Items]
Amount of guarantees	0	6,000
JAEYOUNG SOLUTEC CO., LTD. | Unused credit line
Related parties - The guarantees provided between the related parties [Line Items]
Amount of guarantees	0	109
JAEYOUNG SOLUTEC CO., LTD. | Import letter of credit
Related parties - The guarantees provided between the related parties [Line Items]
Amount of guarantees	₩ 0	₩ 429

Related parties - Collaterals p

Related parties - Collaterals provided by the related parties (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Related parties - Collaterals provided by the related parties [Line Items]
Amount of collaterals	₩ 12,000	₩ 39,517
BNP Paribas Cardif Life Insurance | Government bonds
Related parties - Collaterals provided by the related parties [Line Items]
Amount of collaterals	12,000	11,666
JAEYOUNG SOLUTEC CO., LTD. | Property, plant and equipment
Related parties - Collaterals provided by the related parties [Line Items]
Amount of collaterals	0	20,814
JAEYOUNG SOLUTEC CO., LTD. | Guarantee insurance policy
Related parties - Collaterals provided by the related parties [Line Items]
Amount of collaterals	₩ 0	₩ 7,037

Related parties - Significant l

Related parties - Significant loan transactions with related parties (Details) - Nomura investment property trust No.19 ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Related parties - Significant loan transactions with related parties [Line Items]
Beginning	₩ 0
Loan	12,000
Other	(34)	[1]
Ending	₩ 11,966
[1]	The effect of changes in allowance for doubtful accounts is included.

Size of unconsolidated structur

Size of unconsolidated structured entities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Unconsolidated structured entities
Size of unconsolidated structured entities [Line Items]
Total assets	₩ 399,646,452	₩ 330,409,117
Assets-backed securitization
Size of unconsolidated structured entities [Line Items]
Total assets	196,108,655	175,953,075
Structured financing
Size of unconsolidated structured entities [Line Items]
Total assets	132,050,391	84,719,599
Investment funds
Size of unconsolidated structured entities [Line Items]
Total assets	₩ 71,487,406	₩ 69,736,443

Carrying amounts of the assets

Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Unconsolidated structured entities | Assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	₩ 25,342,850	₩ 19,568,463
Unconsolidated structured entities | Loans
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		6,609,896
Unconsolidated structured entities | Loans measured at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	1,307,688
Unconsolidated structured entities | Loans at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	7,437,936
Unconsolidated structured entities | Trading assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		3,553,648
Unconsolidated structured entities | Securities at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	9,846,381
Unconsolidated structured entities | Derivative assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	16,968	14,218
Unconsolidated structured entities | Available-for-sale financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		6,126,795
Unconsolidated structured entities | Securities at fair value through other comprehensive income
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	2,367,959
Unconsolidated structured entities | Held-to-maturity financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		3,259,451
Unconsolidated structured entities | Securities at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	4,277,675
Unconsolidated structured entities | Other assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	88,243	4,455
Unconsolidated structured entities | Liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	9,607	6,064
Unconsolidated structured entities | Derivative liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	111	4,448
Unconsolidated structured entities | Other liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	9,496	1,616
Assets-backed securitization | Assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	11,286,989	9,006,548
Assets-backed securitization | Loans
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		329,776
Assets-backed securitization | Loans measured at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	292
Assets-backed securitization | Loans at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	478,998
Assets-backed securitization | Trading assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		3,201,400
Assets-backed securitization | Securities at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	4,263,817
Assets-backed securitization | Derivative assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	16,390	14,218
Assets-backed securitization | Available-for-sale financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		2,200,974
Assets-backed securitization | Securities at fair value through other comprehensive income
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	2,244,364
Assets-backed securitization | Held-to-maturity financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		3,259,451
Assets-backed securitization | Securities at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	4,277,675
Assets-backed securitization | Other assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	5,453	729
Assets-backed securitization | Liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	5,479	5,005
Assets-backed securitization | Derivative liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	111	4,448
Assets-backed securitization | Other liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	5,368	557
Structured financing | Assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	7,859,117	6,592,859
Structured financing | Loans
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		6,189,042
Structured financing | Loans measured at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	504,571
Structured financing | Loans at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	6,925,438
Structured financing | Trading assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		958
Structured financing | Securities at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	288,757
Structured financing | Derivative assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	578	0
Structured financing | Available-for-sale financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		400,283
Structured financing | Securities at fair value through other comprehensive income
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	91,316
Structured financing | Held-to-maturity financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		0
Structured financing | Securities at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	0
Structured financing | Other assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	48,457	2,576
Structured financing | Liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	4,128	1,050
Structured financing | Derivative liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	0	0
Structured financing | Other liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	4,128	1,050
Investment funds | Assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	6,196,744	3,969,056
Investment funds | Loans
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		91,078
Investment funds | Loans measured at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	802,825
Investment funds | Loans at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	33,500
Investment funds | Trading assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		351,290
Investment funds | Securities at fair value through profit or loss
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	5,293,807
Investment funds | Derivative assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	0	0
Investment funds | Available-for-sale financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		3,525,538
Investment funds | Securities at fair value through other comprehensive income
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	32,279
Investment funds | Held-to-maturity financial assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets		0
Investment funds | Securities at amortized cost
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	0
Investment funds | Other assets
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the assets	34,333	1,150
Investment funds | Liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	0	9
Investment funds | Derivative liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	0	0
Investment funds | Other liabilities
Carrying amounts of the assets and liabilities relating to its interests in unconsolidated structured entities [Line Items]
Carrying amounts of the liabilities	₩ 0	₩ 9

Exposure to risk relating to it

Exposure to risk relating to its interests in unconsolidated structured entities (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Unconsolidated structured entities
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	₩ 30,257,127	₩ 22,889,646
Unconsolidated structured entities | Assets held
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	25,342,850	19,568,463
Unconsolidated structured entities | ABS and ABCP commitments
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	2,000,311	1,900,646
Unconsolidated structured entities | Loan commitments [Member]
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	2,633,660	1,281,203
Unconsolidated structured entities | Guarantees
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	230,842	89,500
Unconsolidated structured entities | Others
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	49,464	49,834
Assets-backed securitization
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	14,562,866	11,005,649
Assets-backed securitization | Assets held
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	11,286,989	9,006,548
Assets-backed securitization | ABS and ABCP commitments
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	1,395,417	1,391,035
Assets-backed securitization | Loan commitments [Member]
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	1,791,650	529,566
Assets-backed securitization | Guarantees
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	88,810	74,300
Assets-backed securitization | Others
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	0	4,200
Structured financing
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	8,868,823	7,430,643
Structured financing | Assets held
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	7,859,117	6,592,859
Structured financing | ABS and ABCP commitments
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	2,300	57,300
Structured financing | Loan commitments [Member]
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	815,910	719,650
Structured financing | Guarantees
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	142,032	15,200
Structured financing | Others
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	49,464	45,634
Investment funds
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	6,825,438	4,453,354
Investment funds | Assets held
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	6,196,744	3,969,056
Investment funds | ABS and ABCP commitments
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	602,594	452,311
Investment funds | Loan commitments [Member]
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	26,100	31,987
Investment funds | Guarantees
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	0	0
Investment funds | Others
Exposure to risk relating to its interests in unconsolidated structured entities [Line Items]
Exposure to risk	₩ 0	₩ 0

Retroactive adjustment of fair

Retroactive adjustment of fair value of assets and liabilities (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Before adjustments
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	₩ (117,583)
Before adjustments | Assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	319,724
Before adjustments | Cash and due from banks
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	8,151
Before adjustments | Loans
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	301,766
Before adjustments | Property, plant and equipment
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	538
Before adjustments | Intangible assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
Before adjustments | Other assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	9,269
Before adjustments | Liability
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(437,307)
Before adjustments | Deposits
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(436,285)
Before adjustments | Other liabilities
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(1,022)
Adjustments
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	13,904
Adjustments | Assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	13,904
Adjustments | Cash and due from banks
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
Adjustments | Loans
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(1,352)
Adjustments | Property, plant and equipment
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
Adjustments | Intangible assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	15,256
Adjustments | Other assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
Adjustments | Liability
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
Adjustments | Deposits
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
Adjustments | Other liabilities
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	0
After adjustments
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(103,679)
After adjustments | Assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	333,628
After adjustments | Cash and due from banks
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	8,151
After adjustments | Loans
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	300,414
After adjustments | Property, plant and equipment
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	538
After adjustments | Intangible assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	15,256
After adjustments | Other assets
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	9,269
After adjustments | Liability
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(437,307)
After adjustments | Deposits
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	(436,285)
After adjustments | Other liabilities
Retroactive adjustment of fair value of assets and liabilities [Line Items]
Fair value of the identifiable assets acquired and liabilities assumed	₩ (1,022)

Retrospective adjustments of go

Retrospective adjustments of goodwill (Details) ₩ in Millions	Dec. 31, 2017KRW (₩)
Before adjustments
Retrospective adjustments of goodwill [Line Items]
Consideration received (cash)	₩ (75,480)
Fair value of identifiable net assets	(117,583)
Goodwill	42,103
Adjustments
Retrospective adjustments of goodwill [Line Items]
Consideration received (cash)	0
Fair value of identifiable net assets	13,904
Goodwill	(13,904)
After adjustments
Retrospective adjustments of goodwill [Line Items]
Consideration received (cash)	(75,480)
Fair value of identifiable net assets	(103,679)
Goodwill	₩ 28,199

Adjustments of the prior year e

Adjustments of the prior year end balances (Details) - KRW (₩) ₩ in Millions		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Adjustments of the prior year end balances [Line Items]
Intangible assets, net		₩ 4,320,134	₩ 4,273,321	₩ 4,226,512
Deferred tax liabilities		22,020	9,982
Retained earnings	[1],[2],[3],[4]	₩ 22,959,440	20,791,681
Before adjustments
Adjustments of the prior year end balances [Line Items]
Intangible assets, net			4,271,969
Deferred tax liabilities			9,712
Retained earnings			20,790,599
Adjustments
Adjustments of the prior year end balances [Line Items]
Intangible assets, net			1,352
Deferred tax liabilities			270
Retained earnings			1,082
After adjustments
Adjustments of the prior year end balances [Line Items]
Intangible assets, net			4,273,321
Deferred tax liabilities			9,982
Retained earnings			₩ 20,791,681
[1]	The acquisition of ANZ Retail business by Shinhan Bank of Vietnam was completed and the amount was adjusted retrospectively.
[2]	The reserve for loan losses in the retained earnings amounted to KRW 5,953 million and KRW 7,572 million as of December 31, 2017 and 2018, respectively.
[3]	The reserve for profits of the Group, due to In accordance with Article 53 of the Financial Holding Company Act, amounted to KRW 1,992,716 million and KRW 2,068,190 million as of December 31, 2017 and 2018, respectively.
[4]	The total amount of retained earnings from the consolidated subsidiaries that are not available for the payment of cash dividends due to the related regulation is KRW 5,800,002 million.

Assets and liabilities of PT Sh

Assets and liabilities of PT Shinhan Asset Management Indonesia recognized at the acquisition date (Details) ₩ in Millions	12 Months Ended
	Dec. 31, 2018KRW (₩)
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
Name of acquiree	PT Shinhan Asset Management Indonesia
The fair value of the identifiable assets acquired and liabilities assumed	₩ 3,005
Assets
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	3,087
Cash and Cash Equivalents
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	18
Financial assets at fair value through profit or loss
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	3,012
Property, plant and equipment
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	20
Deferred tax assets
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	20
Other assets
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	17
Liabilities
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	(82)
Current tax payable
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	(7)
Other liabilities
Fair value of assets acquired and liabilities assumed by acquisition of subsidiary as of acquisition dates [Line Items]
The fair value of the identifiable assets acquired and liabilities assumed	₩ (75)

Goodwill recognized as a result

Goodwill recognized as a result of business combination (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Goodwill arising from the acquisition of subsidiary [Abstract]
Consideration received (cash)	₩ 4,476
Fair value of identifiable net assets	(3,005)
Noncontrolling Interest	787
Goodwill	₩ 2,258	₩ 43,455

Changes in equity due to applic

Changes in equity due to application of IFRS 9 and 15 : Retained Earnings (Details) - KRW (₩) ₩ in Millions		Jan. 01, 2018	Dec. 31, 2018
Changes in equity due to application of IFRS 9 and 15 [Line Items]
Beginning Balance		₩ 33,703,617	₩ 33,703,617
Adjustments of equity due to the application of IFRS 9:
Effect of overlay approach application			(72,869)
Equity attributable to equity holders of Shinhan Financial Group Co., Ltd.
Changes in equity due to application of IFRS 9 and 15 [Line Items]
Beginning Balance		32,820,220	32,820,220
Retained Earnings
Changes in equity due to application of IFRS 9 and 15 [Line Items]
Beginning Balance		20,791,680	20,791,680
Adjustments of equity due to the application of IFRS 9:
Reclassification from financial assets at amortized cost to financial assets measured at fair value through profit or loss		(74,061)
Reclassification from available-for-sale financial assets to financial assets measured at fair value through profit or loss		178,518
Reclassification from available-for-sale financial assets to financial assets measured at fair value through other comprehensive income	[1]	204,457
Increase in loss allowance for financial assets measured at amortized cost		(573,088)
Increase in loss allowance for loan commitments and financial guarantee contracts		(55,274)
Increase in loss allowance for debt instruments measured at fair value through other comprehensive income		(18,976)
Effect of overlay approach application		34,102
Others	[2]	(40,063)
Adjustments of equity due to the application of IFRS 9, Total		(344,385)
Adjustments of equity due to the application of IFRS 15	[3]	(2,895)
Tax effects	[4]	95,426
Equity at January 1, 2018 after changes		20,539,826
Accumulated Other Comprehensive Income
Changes in equity due to application of IFRS 9 and 15 [Line Items]
Beginning Balance		(529,734)	₩ (529,734)
Adjustments of equity due to the application of IFRS 9:
Reclassification from available-for-sale financial assets to financial assets measured at fair value through profit or loss		(178,518)
Reclassification from available-for-sale financial assets to financial assets measured at fair value through other comprehensive income	[1]	(204,457)
Increase in loss allowance for debt instruments measured at fair value through other comprehensive income		18,976
Effect of overlay approach application		(34,102)
Others	[2]	11,039
Adjustments of equity due to the application of IFRS 9, Total		(387,062)
Tax effects	[4]	110,051
Equity at January 1, 2018 after changes		₩ (806,745)
[1]	The effect on retained earnings arising from the recognition of impairment losses related to equity securities in the prior periods was transferred to other comprehensive income upon the application of IFRS 9.
[2]	Other adjustments include foreign currency translation and changes in non-controlling interests, resulting from the adoption of IFRS 9.
[3]	The Group has divided the trust fees into trust sales fees and trust managing fees and recognition of trust managing fees are deferred.
[4]	Tax effects due to the application of IFRS 9 are separately shown.

Reclassification of financial i

Reclassification of financial instruments upon adoption of IFRS 9 (Details) ₩ in Millions	Jan. 01, 2018KRW (₩)
Due from banks
Amount under IAS 39:
Loans and receivables	₩ 20,890,125
Amount under IFRS 9:
Financial assets measured at FVTPL	833,942
Financial assets measured at AC	19,988,001
Difference	(68,182)
Loans
Amount under IAS 39:
Loans and receivables	277,876,371
Amount under IFRS 9:
Financial assets measured at FVTPL	778,985
Financial assets measured at AC	277,126,029
Difference	28,643
Other financial assets
Amount under IAS 39:
Loans and receivables	12,090,983
Amount under IFRS 9:
Financial assets measured at AC	12,090,983
Difference	0
Trading assets | Debt securities
Amount under IAS 39:
Financial assets at FVTPL	23,640,646
Amount under IFRS 9:
Financial assets measured at FVTPL	23,640,646
Difference	0
Trading assets | Equity securities
Amount under IAS 39:
Financial assets at FVTPL	4,634,353
Amount under IFRS 9:
Financial assets measured at FVTPL	4,634,353
Difference	0
Trading assets | Gold deposits
Amount under IAS 39:
Financial assets at FVTPL	189,297
Amount under IFRS 9:
Financial assets measured at FVTPL	189,297
Difference	0
Financial assets designated at FVTPL(IAS39) | Debt securities
Amount under IAS 39:
Financial assets at FVTPL	2,110,810
Amount under IFRS 9:
Financial assets measured at FVTPL	2,030,522
Financial assets designated as at FVTPL	80,288
Difference	0
Financial assets designated at FVTPL(IAS39) | Equity securities
Amount under IAS 39:
Financial assets at FVTPL	1,234,356
Amount under IFRS 9:
Financial assets measured at FVTPL	1,162,553
Financial assets designated as at FVTPL	71,803
Difference	0
Financial assets designated at FVTPL(IAS39) | Hybrid financial assets
Amount under IAS 39:
Financial assets at FVTPL	233,892
Amount under IFRS 9:
Financial assets measured at FVTPL	233,892
Difference	0
Derivatives
Amount under IAS 39:
Financial assets at FVTPL	3,400,178
Amount under IFRS 9:
Financial assets measured at FVTPL	3,348,803
Difference	(51,375)
Available-for-sale financial assets | Debt securities
Amount under IAS 39:
AFS financial assets	37,186,552
Amount under IFRS 9:
Financial assets measured at FVTPL	533,452
Financial assets measured at FVOCI	36,657,807
Difference	4,707
Available-for-sale financial assets | Equity securities
Amount under IAS 39:
AFS financial assets	4,930,384
Amount under IFRS 9:
Financial assets measured at FVTPL	4,350,969
Financial assets measured at FVOCI	590,405
Difference	10,990
HTM financial assets | Debt securities
Amount under IAS 39:
HTM financial assets	24,990,680
Amount under IFRS 9:
Financial assets measured at FVTPL	529,906
Financial assets measured at AC	24,424,867
Difference	(35,907)
Deposits
Amount under IAS 39:
Financial liability measured at amortized cost	249,419,224
Amount under IFRS 9:
Financial liabilities measured at AC	249,419,224
Difference	0
Trading liabilities
Amount under IAS 39:
Financial liabilities at FVTPL	1,848,490
Amount under IFRS 9:
Financial liabilities measured at FVPTL	1,848,490
Difference	0
Financial liabilities designated at FVTPL(IAS39)
Amount under IAS 39:
Financial liabilities at FVTPL	8,297,609
Amount under IFRS 9:
Financial liabilities measured at FVPTL	36,973
Financial liabilities designated as at FVTPL	8,260,636
Difference	0
Derivatives
Amount under IAS 39:
Financial liabilities at FVTPL	3,487,661
Amount under IFRS 9:
Financial liabilities measured at FVPTL	3,483,642
Difference	(4,019)
Borrowings
Amount under IAS 39:
Financial liability measured at amortized cost	27,586,610
Amount under IFRS 9:
Financial liabilities measured at AC	27,586,313
Difference	(297)
Debt securities issued
Amount under IAS 39:
Financial liability measured at amortized cost	51,340,821
Amount under IFRS 9:
Financial liabilities measured at AC	51,340,821
Difference	0
Others
Amount under IAS 39:
Financial liability measured at amortized cost	20,124,451
Amount under IFRS 9:
Financial liabilities measured at AC	20,124,432
Difference	₩ (19)

Impairment of financial assets

Impairment of financial assets upon adoption of IFRS 9 (Details) ₩ in Millions	Jan. 01, 2018KRW (₩)
Financial assets
Amount under IAS 39:
Loss allowance based on IAS 39	₩ 2,374,337
Amount under IFRS 9:
Financial assets at AC	2,947,425
Financial assets at measured FVOCI	18,976
Due from banks
Amount under IAS 39:
Loss allowance based on IAS 39	14,054
Amount under IFRS 9:
Financial assets at AC	15,062
Loans
Amount under IAS 39:
Loss allowance based on IAS 39	2,310,604
Amount under IFRS 9:
Financial assets at AC	2,871,986
Other financial assets
Amount under IAS 39:
Loss allowance based on IAS 39	49,679
Amount under IFRS 9:
Financial assets at AC	51,818
Available-for-sale financial assets | Debt securities
Amount under IFRS 9:
Financial assets at measured FVOCI	18,976
HTM financial assets | Debt securities
Amount under IFRS 9:
Financial assets at AC	8,559
Contingent liabilities [Member]
Amount under IAS 39:
Loss allowance based on IAS 39	204,512
Amount under IFRS 9:
Financial guarantee	37,289
Unused credit line and other credit commitment	222,498
Financial guarantee contract
Amount under IAS 39:
Loss allowance based on IAS 39	36,506
Amount under IFRS 9:
Financial guarantee	37,289
Unused credit line and other credit commitment
Amount under IAS 39:
Loss allowance based on IAS 39	168,006
Amount under IFRS 9:
Unused credit line and other credit commitment	₩ 222,498

The reclassification of financi

The reclassification of financial assets due to adoption of IFRS 9 (Details) ₩ in Millions	Jan. 01, 2018KRW (₩)
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	₩ 413,408,627
Amount remeasured	(111,124)
Carrying value based on the new standard	413,297,503
Changes in retained earnings	343,016
Changes in other comprehensive income	(417,077)
Due from banks
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	20,890,125
Amount reclassified	(902,124)
Carrying value based on the new standard	19,988,001
Due from banks | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	20,890,125
Carrying value based on the new standard	20,890,125
Due from banks | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(902,124)
Carrying value based on the new standard	(902,124)
Loans
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	277,876,371
Amount reclassified	(750,342)
Carrying value based on the new standard	277,126,029
Loans | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	277,876,371
Carrying value based on the new standard	277,876,371
Loans | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(750,342)
Carrying value based on the new standard	(750,342)
Other financial assets | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	12,090,983
Carrying value based on the new standard	12,090,983
Trading assets | Debt securities
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	23,640,646
Amount reclassified	(23,640,646)
Trading assets | Debt securities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	23,640,646
Carrying value based on the new standard	23,640,646
Trading assets | Debt securities | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(23,640,646)
Carrying value based on the new standard	(23,640,646)
Trading assets | Equity securities
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	4,634,353
Amount reclassified	(4,634,353)
Trading assets | Equity securities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	4,634,353
Carrying value based on the new standard	4,634,353
Trading assets | Equity securities | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(4,634,353)
Carrying value based on the new standard	(4,634,353)
Trading assets | Gold deposits
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	189,297
Amount reclassified	(189,297)
Trading assets | Gold deposits | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	189,297
Carrying value based on the new standard	189,297
Trading assets | Gold deposits | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(189,297)
Carrying value based on the new standard	(189,297)
Derivatives
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	3,400,178
Amount reclassified	(51,375)
Carrying value based on the new standard	3,348,803
Derivatives | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	3,400,178
Carrying value based on the new standard	3,400,178
Derivatives | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(51,375)
Carrying value based on the new standard	(51,375)
Financial assets designated at FVTPL(IAS39) | Debt securities
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	3,579,057
Amount reclassified	(3,579,057)
Financial assets designated at FVTPL(IAS39) | Debt securities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	3,579,057
Carrying value based on the new standard	3,579,057
Financial assets designated at FVTPL(IAS39) | Debt securities | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(3,426,966)
Carrying value based on the new standard	(3,426,966)
Financial assets designated at FVTPL(IAS39) | Debt securities | Reclassification to financial assets designated at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(152,091)
Carrying value based on the new standard	(152,091)
Available-for-sale financial assets | Debt securities
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	37,186,552
Amount reclassified	(37,186,552)
Available-for-sale financial assets | Debt securities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	37,186,552
Carrying value based on the new standard	37,186,552
Available-for-sale financial assets | Debt securities | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(528,745)
Carrying value based on the new standard	(528,745)
Available-for-sale financial assets | Debt securities | Reclassification to financial assets measured at FVOCI
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(36,657,807)
Carrying value based on the new standard	(36,657,807)
Available-for-sale financial assets | Equity securities
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	4,930,385
Amount reclassified	(4,930,385)
Available-for-sale financial assets | Equity securities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	4,930,385
Carrying value based on the new standard	4,930,385
Available-for-sale financial assets | Equity securities | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(4,339,979)
Carrying value based on the new standard	(4,339,979)
Available-for-sale financial assets | Equity securities | Reclassification to financial assets measured at FVOCI
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(590,405)
Carrying value based on the new standard	(590,405)
HTM financial assets | Debt securities
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	24,990,680
Amount reclassified	(24,990,680)
HTM financial assets | Debt securities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	24,990,680
Carrying value based on the new standard	24,990,680
HTM financial assets | Debt securities | Reclassification to financial assets measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(565,813)
Carrying value based on the new standard	(565,813)
HTM financial assets | Debt securities | Reclassification to financial assets measured at amortized cost
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	(24,424,867)
Carrying value based on the new standard	(24,424,867)
Financial assets as measured at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	39,029,641
Amount remeasured	(111,124)
Carrying value based on the new standard	38,918,517
Changes in retained earnings	138,559
Changes in other comprehensive income	(212,620)
Financial assets as measured at FVTPL | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	0
Amount remeasured	0
Carrying value based on the new standard	0
Changes in retained earnings	0
Changes in other comprehensive income	0
Financial assets as measured at FVTPL | Transfer from due from banks
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	902,124
Amount remeasured	(68,182)
Carrying value based on the new standard	833,942
Changes in other comprehensive income	(68,182)
Financial assets as measured at FVTPL | Transfer from loans and other receivables
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	750,342
Amount remeasured	30,027
Carrying value based on the new standard	780,369
Changes in retained earnings	30,027
Financial assets as measured at FVTPL | Transfer from trading assets
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	28,464,296
Carrying value based on the new standard	28,464,296
Financial assets as measured at FVTPL | Transfer from financial assets designated at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	3,426,967
Carrying value based on the new standard	3,426,967
Financial assets as measured at FVTPL | Transfer from AFS
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	4,868,724
Amount remeasured	7,708
Carrying value based on the new standard	4,876,432
Changes in retained earnings	108,532
Changes in other comprehensive income	(108,532)
Financial assets as measured at FVTPL | Transfer from HTM
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	565,813
Amount remeasured	(35,907)
Carrying value based on the new standard	529,906
Changes in other comprehensive income	(35,907)
Financial assets as measured at FVTPL | Transfer from derivative assets
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	51,375
Amount remeasured	(42,195)
Carrying value based on the new standard	9,180
Financial assets as measured at FVTPL | Transfer from others
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount remeasured	(2,575)
Carrying value based on the new standard	(2,575)
Financial assets designated at fair value through profit or loss(IFRS9)
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	152,091
Carrying value based on the new standard	152,091
Financial assets designated at fair value through profit or loss(IFRS9) | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	0
Carrying value based on the new standard	0
Changes in retained earnings	0
Changes in other comprehensive income	0
Financial assets designated at fair value through profit or loss(IFRS9) | Transfer from financial assets designated at FVTPL
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	152,091
Carrying value based on the new standard	152,091
Financial assets at fair value through other comprehensive income
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	37,248,212
Carrying value based on the new standard	37,248,212
Changes in retained earnings	204,457
Changes in other comprehensive income	(204,457)
Financial assets at fair value through other comprehensive income | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	0
Carrying value based on the new standard	0
Changes in retained earnings	0
Changes in other comprehensive income	0
Financial assets at fair value through other comprehensive income | Transfer from AFS
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	37,248,212
Carrying value based on the new standard	37,248,212
Changes in retained earnings	204,457
Changes in other comprehensive income	(204,457)
Financial assets measured at amortized cost
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	24,424,867
Carrying value based on the new standard	24,424,867
Financial assets measured at amortized cost | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	0
Carrying value based on the new standard	0
Changes in retained earnings	0
Changes in other comprehensive income	0
Financial assets measured at amortized cost | Transfer from HTM
The reclassification of financial assets due to adoption of IFRS 9 [Line Items]
Amount reclassified	24,424,867
Carrying value based on the new standard	₩ 24,424,867

The reclassification of finan_2

The reclassification of financial liabilities due to adoption of IFRS 9 (Details) ₩ in Millions	Jan. 01, 2018KRW (₩)
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	₩ 362,104,866
Amount remeasured	(4,335)
Carrying value based on the new standard	362,100,531
Deposits | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	249,419,224
Carrying value based on the new standard	249,419,224
Trading liabilities
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	1,848,490
Amount reclassified	(1,848,490)
Trading liabilities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	1,848,490
Carrying value based on the new standard	1,848,490
Trading liabilities | Reclassification to financial liabilities measured at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	(1,848,490)
Carrying value based on the new standard	(1,848,490)
Financial liabilities designated at FVTPL(IAS39)
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	8,297,609
Amount reclassified	(8,297,609)
Financial liabilities designated at FVTPL(IAS39) | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	8,297,609
Carrying value based on the new standard	8,297,609
Financial liabilities designated at FVTPL(IAS39) | Reclassification to financial liabilities measured at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	(36,973)
Carrying value based on the new standard	(36,973)
Financial liabilities designated at FVTPL(IAS39) | Reclassification to financial liabilities designated at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	(8,260,636)
Carrying value based on the new standard	(8,260,636)
Financial liabilities measured at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	1,885,463
Carrying value based on the new standard	1,885,463
Financial liabilities measured at FVTPL | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	0
Carrying value based on the new standard	0
Changes in retained earnings	0
Changes in other comprehensive income	0
Financial liabilities measured at FVTPL | Transfer from trading liabilities
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	1,848,490
Carrying value based on the new standard	1,848,490
Financial liabilities measured at FVTPL | Transfer from financial liabilities designated at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	36,973
Carrying value based on the new standard	36,973
Financial liabilities designated at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	8,260,636
Carrying value based on the new standard	8,260,636
Financial liabilities designated at FVTPL | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	0
Carrying value based on the new standard	0
Changes in retained earnings	0
Changes in other comprehensive income	0
Financial liabilities designated at FVTPL | Transfer from financial liabilities designated at FVTPL
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount reclassified	8,260,636
Carrying value based on the new standard	8,260,636
Derivative liabilities
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	3,487,661
Amount remeasured	(4,019)
Carrying value based on the new standard	3,483,642
Derivative liabilities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	3,487,661
Carrying value based on the new standard	3,487,661
Derivative liabilities | Other
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount remeasured	(4,019)
Carrying value based on the new standard	(4,019)
Borrowings
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	27,586,610
Amount remeasured	(297)
Carrying value based on the new standard	27,586,313
Borrowings | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	27,586,610
Carrying value based on the new standard	27,586,610
Borrowings | Other
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount remeasured	(297)
Carrying value based on the new standard	(297)
Debt securities issued | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	51,340,821
Carrying value based on the new standard	51,340,821
Other financial liabilities
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	20,124,451
Amount remeasured	(19)
Carrying value based on the new standard	20,124,432
Other financial liabilities | Carrying value under IAS 39 as of January 1, 2018
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	20,124,451
Carrying value based on the new standard	20,124,451
Other financial liabilities | Other
The reclassification of financial liabilities due to adoption of IFRS 9 [Line Items]
Amount remeasured	(19)
Carrying value based on the new standard	₩ (19)

The reclassification of credit

The reclassification of credit loss allowance due to adoption of IFRS 9 (Details) ₩ in Millions	Jan. 01, 2018KRW (₩)
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	₩ 2,578,849
Amount reclassified	(3,328)
Amount remeasured	650,667
Carrying value based on the new standard	3,226,188
Changes in retained earnings	(647,339)
Changes in other comprehensive income	18,976
Due from banks
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	14,054
Amount reclassified	0
Amount remeasured	1,008
Carrying value based on the new standard	15,062
Changes in retained earnings	(1,008)
Changes in other comprehensive income	0
Loans
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	2,310,604
Amount reclassified	(3,328)
Amount remeasured	564,710
Carrying value based on the new standard	2,871,986
Changes in retained earnings	(561,382)
Changes in other comprehensive income	0
Financial assets at fair value through other comprehensive income | Debt securities
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	18,976
Carrying value based on the new standard	18,976
Changes in retained earnings	(18,976)
Changes in other comprehensive income	18,976
Financial assets measured at amortized cost | Debt securities
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	0
Amount reclassified	0
Amount remeasured	8,559
Carrying value based on the new standard	8,559
Changes in retained earnings	(8,559)
Changes in other comprehensive income	0
Other financial assets
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	49,679
Amount reclassified	0
Amount remeasured	2,139
Carrying value based on the new standard	51,818
Changes in retained earnings	(2,139)
Changes in other comprehensive income	0
Financial guarantee
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	36,506
Amount reclassified	0
Amount remeasured	783
Carrying value based on the new standard	37,289
Changes in retained earnings	(783)
Changes in other comprehensive income	0
Unused credit line and other credit commitment
The reclassification of credit loss allowance due to adoption of IFRS 9 [Line Items]
Carrying value based on the current standard	168,006
Amount reclassified	0
Amount remeasured	54,492
Carrying value based on the new standard	222,498
Changes in retained earnings	(54,492)
Changes in other comprehensive income	₩ 0

Effect on the consolidated stat

Effect on the consolidated statement of financial position (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Provisions [Abstract]
Card point	₩ 0
Other liabilities [Abstract]
Accounts payable	9,748,168	₩ 8,524,295
Unearned income	236,827	402,541
Sundry liabilities	2,496,169	₩ 1,930,410
Amount before implementation of IFRS15
Provisions [Abstract]
Card point	24,700
Other liabilities [Abstract]
Accounts payable	9,789,926
Unearned income	446,068
Sundry liabilities	2,220,471
Increase (decrease) due to application of IFRS 15
Provisions [Abstract]
Card point	(24,700)
Other liabilities [Abstract]
Accounts payable	(41,758)
Unearned income	(209,241)
Sundry liabilities	₩ 275,698

Effect on the consolidated st_2

Effect on the consolidated statement of comprehensive income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Fees and commission income:
Credit card fees	₩ 1,360,322	₩ 2,369,745	₩ 2,343,255
Fees and commission expense:
Credit card fees	(944,533)	₩ (1,988,826)	₩ (1,899,339)
Amount before implementation of IFRS15
Fees and commission income:
Credit card fees	2,495,837
Fees and commission expense:
Credit card fees	(2,080,048)
Increase (decrease) due to application of IFRS 15
Fees and commission income:
Credit card fees	(1,135,515)
Fees and commission expense:
Credit card fees	₩ 1,135,515

Condensed Shinhan Financial G_3

Condensed Shinhan Financial Group (Parent Company only) Statement of Financial Position (Details) - KRW (₩) ₩ in Millions	Dec. 31, 2018	Dec. 31, 2017
Deposits [Abstract]
Banking subsidiaries		₩ 22,668,598
Other	₩ 1,775,267	1,803,352
Investment (at equity) in subsidiaries:
Trading assets		28,464,296
Financial assets at FVTPL	43,534,766
Other assets:
Other	21,571,918	16,551,958
Total assets	459,600,510	426,307,008
Liabilities
Borrowings	29,818,542	27,586,610
Debt securities issued	63,227,699	51,340,821
Accrued expenses & other liabilities	25,199,679	25,312,773
Total liabilities	422,949,080	392,603,390
Equity
Total equity	36,651,430	33,703,618
Total liabilities and equity	459,600,510	426,307,008
Parent Company only
Deposits [Abstract]
Banking subsidiaries	24	3
Other	48,572	0
Receivables from subsidiaries:
Non-banking subsidiaries	1,644,666	1,234,527
Investment (at equity) in subsidiaries:
Banking subsidiaries	13,792,072	13,752,799
Non-banking subsidiaries	11,983,360	11,980,360
Trading assets	0	255,086
Financial assets at FVTPL	1,927,150
Property, equipment and intangible assets, net	7,983	7,180
Other assets:
Banking subsidiaries	311,052	224,688
Non-banking subsidiaries	162,695	179,258
Other	236,658	5,882
Total assets	30,114,232	27,639,783
Liabilities
Borrowings	125,000	5,000
Debt securities issued	7,812,358	7,003,622
Accrued expenses & other liabilities	526,806	439,083
Total liabilities	8,464,164	7,447,705
Equity
Total equity	21,650,068	20,192,078
Total liabilities and equity	₩ 30,114,232	₩ 27,639,783

Condensed Shinhan Financial G_4

Condensed Shinhan Financial Group (Parent Company only) Statement of Income (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Expenses
Interest expense	₩ (4,992,367)	₩ (3,955,701)	₩ (4,030,936)
Profit before income taxes	4,466,610	3,797,608	3,170,472
Income tax expense (benefit)	1,268,345	848,403	345,553
Profit for the year	3,198,265	2,949,205	2,824,919
Parent Company only
Income
Dividends from banking subsidiaries	541,524	481,524	651,524
Dividends from non-banking subsidiaries	866,150	448,588	994,615
Interest income from banking subsidiaries	268	228	2,187
Interest income from non-banking subsidiaries	31,224	27,111	35,005
Other income	74,215	51,953	57,011
Total income	1,513,381	1,009,404	1,740,342
Expenses
Interest expense	(187,882)	(179,330)	(197,519)
Other expense	(89,145)	(74,733)	(72,157)
Total expenses	(277,027)	(254,063)	(269,676)
Profit before income taxes	1,236,354	755,341	1,470,666
Income tax expense (benefit)	1,471	614	416
Profit for the year	₩ 1,234,883	₩ 754,727	₩ 1,470,250

Condensed Shinhan Financial G_5

Condensed Shinhan Financial Group (Parent Company only) Statement of Cash Flows (Details) - KRW (₩) ₩ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities
Profit before income taxes	₩ 4,466,610	₩ 3,797,608	₩ 3,170,472
Non-cash items included in profit before tax	(5,531,693)	(3,996,302)	(3,521,190)
Changes in operating assets and liabilities	12,618,248	6,097,440	2,629,568
Net interest paid	5,058,596	3,710,093	4,080,122
Dividend received from subsidiaries	63,826	265,887	309,876
Income tax refunds	850,696	664,286	561,604
Net cash provided by (used in) operating activities	(6,320,196)	1,021,334	3,797,177
Cash flows from investing activities
Other, net	(311,744)	(10,435)	48,156
Net cash provided by (used in) investing activities	(5,512,585)	(10,703,638)	(7,593,874)
Cash flows from financing activities
Issuance of hybrid bonds	1,107,838	224,466	0
Redemption of hybrid bonds	0	(300,000)	(240,000)
Redemption of preferred stock	0	0	(1,125,906)
Net changes in borrowings	1,772,203	3,047,844	3,389,832
Issuance of debt securities issued	26,487,712	20,006,957	15,916,866
Repayments of debt securities issued	(14,689,246)	(12,222,815)	(11,988,965)
Dividends paid	(714,705)	(706,565)	(669,103)
Acquisition of treasury stock	(151,993)	0
Net cash provided by (used in) financing activities	13,806,527	10,332,453	4,844,620
Net increase (decrease) in cash and cash equivalents	1,943,106	604,114	1,025,285
Cash and cash equivalents at beginning of year (Note 54)	6,236,650	5,632,536	4,607,251
Cash and cash equivalents at end of year (Note 54)	8,179,756	6,236,650	5,632,536
Parent Company only
Cash flows from operating activities
Profit before income taxes	1,236,354	755,341	1,470,666
Non-cash items included in profit before tax	(1,251,379)	(774,385)	(1,480,864)
Changes in operating assets and liabilities	(1,671,189)	(66,339)	320,716
Net interest paid	(153,926)	(149,642)	(158,620)
Dividend received from subsidiaries	1,407,674	930,112	1,646,139
Income tax refunds	0	100	0
Net cash provided by (used in) operating activities	(432,466)	695,187	1,798,037
Cash flows from investing activities
Loan collection (origination) to non-banking subsidiaries	(412,630)	(300,000)	300,000
Acquisition of subsidiary	(42,273)	(30,000)	(500,000)
Other, net	(231,281)	(715)	(1,308)
Net cash provided by (used in) investing activities	(686,184)	(330,715)	(201,308)
Cash flows from financing activities
Issuance of hybrid bonds	1,107,838	224,466	0
Redemption of hybrid bonds	0	(300,000)	(240,000)
Redemption of preferred stock	0	0	(1,125,906)
Net changes in borrowings	120,000	0	0
Issuance of debt securities issued	2,396,138	1,497,588	1,597,413
Repayments of debt securities issued	(1,590,000)	(1,080,000)	(1,660,000)
Dividends paid	(714,705)	(706,565)	(669,103)
Acquisition of treasury stock	(151,993)	0	0
Net cash provided by (used in) financing activities	1,167,278	(364,511)	(2,097,596)
Net increase (decrease) in cash and cash equivalents	48,628	(39)	(500,867)
Cash and cash equivalents at beginning of year (Note 54)	0	39	500,906
Cash and cash equivalents at end of year (Note 54)	₩ 48,628	₩ 0	₩ 39