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:DisclosureOfCollateralExplanatory

    8. Assets pledged as collateral

    Details of assets pledged as collateral as of December 31, 2016 and 2017, are as follows:

     

        2016

    Assets pledged

    		  

    Pledgee

    		   Carrying amount    

    Reason of pledge

            (In millions of
    Korean won)    		      

    Due from financial institutions

    		  

    Korea Federation of Savings Banks and others

    		   ￦ 159,736     Borrowings from Bank and others

    Financial assets held for trading

    		  

    Korea Securities Depository and others

    		     5,977,536     Repurchase agreements
     

    Korea Securities Depository and others

    		     2,392,945     Securities borrowing transactions
      Korea Exchange, Inc. and others     2,170,588     Derivatives transactions
       

     

     

    		    
     

    Sub-total

    		     10,541,069    
       

     

     

    		    

    Available-for-sale financial assets

    		  

    Korea Securities Depository and others

    		     3,314,106    

    Repurchase agreements

     

    Korea Securities Depository and others

    		     193,028     Securities borrowing transactions
     

    Bank of Korea

    		     490,297    

    Borrowings from Bank of Korea

     

    Bank of Korea

    		     493,896    

    Settlement risk of Bank of Korea

     

    KEB Hana Bank and others

    		     1,084,500    

    Derivatives transactions

     

    Others

    		     19,956     Others
       

     

     

    		    
     

    Sub-total

    		     5,595,783    
       

     

     

    		    

    Held-to-maturity financial assets

    		  

    Korea Securities Depository and others

    		     44,988    

    Repurchase agreements

     

    Bank of Korea

    		     1,251,011     Borrowings from Bank of Korea
     

    Bank of Korea

    		     1,185,267     Settlement risk of Bank of Korea
     

    Samsung Futures Inc. and others

    		     209,022     Derivatives transactions
      Others     296,632     Others
       

     

     

    		    
     

    Sub-total

    		     2,986,920    
       

     

     

    		    

    Mortgage loans

    		   Others     2,252,315     Covered bond
       

     

     

    		    

    Real estate

    		   Natixis Real Estate Capital LLC and others     791,873     Borrowings from Bank and others
       

     

     

    		    
     

    Total

    		   ￦ 22,327,696    
       

     

     

    		    

     

        2017

    Assets pledged

    		  

    Pledgee

    		   Carrying amount    

    Reason of pledge

            (In millions of
    Korean won)    		      

    Due from financial institutions

    		  

    Korea Federation of Savings Banks and others

    		   ￦ 165,026     Borrowings from Bank and others

    Financial assets held for trading

    		  

    Korea Securities Depository and others

    		     7,699,857     Repurchase agreements
     

    Korea Securities Depository and others

    		     4,941,912     Securities borrowing transactions
      Samsung Futures Inc. and others     1,047,758     Derivatives transactions
       

     

     

    		    
     

    Sub-total

    		     13,689,527    
       

     

     

    		    

    Available-for-sale financial assets

    		  

    Korea Securities Depository and others

    		     2,401,388    

    Repurchase agreements

     

    Korea Securities Depository and others

    		     838,149     Securities borrowing transactions
     

    Bank of Korea

    		     651,284    

    Borrowings from Bank of Korea

     

    Bank of Korea

    		     750,254    

    Settlement risk of Bank of Korea

     

    Samsung Futures Inc. and others

    		     221,004    

    Derivatives transactions

       

     

     

    		    
     

    Sub-total

    		     4,862,079    
       

     

     

    		    

    Held-to-maturity financial assets

    		  

    Korea Securities Depository and others

    		     35,026    

    Repurchase agreements

     

    Bank of Korea

    		     1,326,558    

    Borrowings from Bank of Korea

     

    Bank of Korea

    		     1,204,990     Settlement risk of Bank of Korea
     

    Samsung Futures Inc. and others

    		     330,316     Derivatives transactions
     

    Others

    		     163,960     Others
       

     

     

    		    
     

    Sub-total

    		     3,060,850    
       

     

     

    		    

    Mortgage loans

    		  

    Others

    		     4,950,490     Covered bond
       

     

     

    		    

    Real estate

    		  

    Natixis Real Estate Capital LLC and others

    		     778,789     Borrowings from Bank and others
       

     

     

    		    
     

    Total

    		   ￦ 27,506,761    
       

     

     

    		    

    The Group provides ￦3,185,601 million of its borrowing securities and securities held as collateral with Korea Securities Finance Corporation (“KSFC”) and others as at December 31, 2017

     

     

     

    The fair values of collateral available to sell or repledge, and collateral sold or repledged, regardless of debtor’s default, as of December 31, 2016 and 2017, are as follows:

     

         2016  
         Fair value of collateral
    held    		      Fair value of collateral
    sold or repledged    		      Total  
         (In millions of Korean won)  

    Securities

    		    ￦ 2,990,908      ￦ —        ￦ 2,990,908  

     

         2017  
         Fair value of collateral
    held    		      Fair value of collateral
    sold or repledged    		      Total  
         (In millions of Korean won)  

    Securities

    		    ￦ 2,677,878      ￦ —        ￦ 2,677,878