KB Financial Group Inc. | CIK:0001445930 | 3

  • Filed: 4/27/2018
  • Entity registrant name: KB Financial Group Inc. (CIK: 0001445930)
  • Generator: Fujitsu
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1445930/000119312518136720/0001193125-18-136720-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1445930/000119312518136720/kb-20171231.xml
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  • ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory

    21. Debts

    Details of debts as of December 31, 2016 and 2017, consist of:

     

         2016      2017  
         (In millions of Korean won)  

    Borrowings

       ₩ 14,485,789      ₩ 16,846,072  

    Repurchase agreements and others

         8,825,564        10,676,219  

    Call money

         2,940,133        1,298,637  
      

     

     

        

     

     

     

    Total

       ₩ 26,251,486      ₩ 28,820,928  
      

     

     

        

     

     

     

     

    Details of borrowings as of December 31, 2016 and 2017, are as follows:

     

           

    Lender

      Annual
    interest
    rate (%)
      2016     2017  
                    (In millions of Korean won)  

    Borrowings in Korean won

     

    Borrowings from the Bank of Korea

      Bank of Korea   0.50~0.75   ₩ 1,644,260     ₩ 1,888,880  
     

    Borrowings from the government

      SEMAS and others   0.00~3.00     1,331,688       1,726,543  
     

    Borrowings from banks

     

    Industrial & Commercial Bank of China and others

      2.56~3.11     —         36,806  
     

    Borrowings from non-banking financial institutions

     

    The Korea Development Bank and others

      0.20~2.70     889,433       1,631,376  
     

    Other borrowings

     

    The Korea Development Bank and others

      0.00~3.90     4,284,108       4,409,261  
           

     

     

       

     

     

     
       

    Sub-total

          8,149,489       9,692,866  
           

     

     

       

     

     

     

    Borrowings in foreign currencies

      Due to banks  

    Commerzbank AG and Others

      —       70,624       19,820  
     

    Borrowings from banks

     

    Central Bank of Uzbekistan and Others

      0.15~2.30     3,949,376       5,470,569  
     

    Borrowings from other financial institutions

     

    The Export-Import Bank of Korea and others

      1.90~2.83     121,104       76,134  
      Other borrowings  

    Standard Chartered Bank and others

      0.00~7.00     2,195,196       1,586,683  
           

     

     

       

     

     

     
       

    Sub-total

          6,336,300       7,153,206  
           

     

     

       

     

     

     
       

    Total

        ₩ 14,485,789     ₩ 16,846,072  
           

     

     

       

     

     

     

    The details of repurchase agreements and others as of December 31, 2016 and 2017, are as follows:

     

        

    Lenders

       Annual
    interest rate
    (%)
         2016      2017  
                     (In millions of Korean won)  

    Repurchase agreements

      

    Individuals, Groups and Corporations

         1.19~2.22      ₩ 8,815,027      ₩ 10,666,315  

    Bills sold

      

    Counter sale

         0.40~1.00        10,537        9,904  
            

     

     

        

     

     

     
      

    Total

          ₩ 8,825,564      ₩ 10,676,219  
            

     

     

        

     

     

     

    The details of call money as of December 31, 2016 and 2017, are as follows:

     

        

    Lenders

       Annual
    interest rate
    (%)
         2016      2017  
                     (In millions of Korean won)  

    Call money in Korean won

      

    Deutsche Bank AG, Seoul and others

         1.33~1.75      ₩ 1,755,200      ₩ 890,000  

    Call money in foreign currencies

      

    Central Bank of Uzbekistan and others

         1.20~2.20        1,184,933        408,637  
            

     

     

        

     

     

     
      

    Total

          ₩ 2,940,133      ₩ 1,298,637