| 44. | CONTINGENT LIABILITIES AND COMMITMENTS |
| (1) | Details of guarantees are as follow (Unit: Korean Won in millions): |
| December 31, 2016 | December 31, 2017 | |||||||
|
Confirmed guarantees |
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|
Guarantee for loans |
79,566 | 157,299 | ||||||
|
Acceptances |
504,354 | 320,519 | ||||||
|
Letters of guarantees |
97,606 | 108,238 | ||||||
|
Other confirmed guarantees |
7,588,661 | 6,288,965 | ||||||
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|
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Total |
8,270,187 | 6,875,021 | ||||||
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Unconfirmed guarantees |
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|
Local letter of credit |
397,588 | 383,117 | ||||||
|
Letter of credit |
3,844,345 | 3,637,787 | ||||||
|
Other unconfirmed guarantees |
859,768 | 505,689 | ||||||
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|
|
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Total |
5,101,701 | 4,526,593 | ||||||
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CP purchase commitments and others |
1,389,896 | 1,458,101 | ||||||
| (2) | Details of loan commitments and others are as follow (Unit: Korean Won in millions): |
| December 31, 2016 | December 31, 2017 | |||||||
|
Loan commitments |
83,795,496 | 80,760,325 | ||||||
|
Other commitments |
4,840,593 | 4,546,090 | ||||||
| (3) | Litigation case |
The Group had filed lawsuits as follows (Unit: Korean Won in millions except for number of cases):
| December 31, 2016 | December 31, 2017 | |||||||||||||||
| As plaintiff | As defendant | As plaintiff | As defendant | |||||||||||||
|
Number of cases |
88 cases | 175 cases | 83 cases | 155 cases | ||||||||||||
|
Amount of litigation |
308,848 | 246,465 | 413,267 | 244,767 | ||||||||||||
|
Allowance for litigations |
5,946 | 9,277 | ||||||||||||||
| (4) | Other |
The Group provides clearance services for payments in Korean Won in order to facilitate trade transactions between Korea and Iran. In connection with these services, the Group is currently being investigated by US government agencies including US prosecutors(United States Attorney’s Office and New York State Attorney General’s Office) as to whether the Group has violated United States laws by participating in prohibited transactions involving countries sanctioned by the US.