| (b) | Changes in the allowance for credit losses for the years ended December 31, 2016 and 2017 are as follows: |
| 2016 | ||||||||||||||||||||||||||||
| Loans | Other (*2) | Total | ||||||||||||||||||||||||||
| Household | Corporate | Credit Card | Other | Subtotal | ||||||||||||||||||||||||
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Beginning balance |
266,764 | 1,358,489 | 675,239 | 17,924 | 2,318,416 | 79,839 | 2,398,255 | |||||||||||||||||||||
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Provision for (reversal of) allowance |
135,416 | 656,449 | 313,037 | (2,121 | ) | 1,102,781 | 4,851 | 1,107,632 | ||||||||||||||||||||
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Write-offs |
(126,776 | ) | (730,027 | ) | (433,470 | ) | (558 | ) | (1,290,831 | ) | (16,204 | ) | (1,307,035 | ) | ||||||||||||||
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Effect of discounting (*1) |
(238 | ) | (28,372 | ) | (8,428 | ) | — | (37,038 | ) | — | (37,038 | ) | ||||||||||||||||
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Allowance related to loans sold |
(2,731 | ) | (42,472 | ) | (32,970 | ) | (95 | ) | (78,268 | ) | — | (78,268 | ) | |||||||||||||||
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Recoveries |
34,705 | 126,102 | 188,703 | 43 | 349,553 | 2,227 | 351,780 | |||||||||||||||||||||
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Others (*3) |
(795 | ) | (4,778 | ) | 1,755 | — | (3,818 | ) | (3,817 | ) | (7,635 | ) | ||||||||||||||||
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Ending balance |
306,345 | 1,335,391 | 703,866 | 15,193 | 2,360,795 | 66,896 | 2,427,691 | |||||||||||||||||||||
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| 2017 | ||||||||||||||||||||||||||||
| Loans | Other (*2) | Total | ||||||||||||||||||||||||||
| Household | Corporate | Credit Card | Other | Subtotal | ||||||||||||||||||||||||
|
Beginning balance |
306,345 | 1,335,391 | 703,866 | 15,193 | 2,360,795 | 66,896 | 2,427,691 | |||||||||||||||||||||
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Provision for (reversal of) allowance |
146,757 | 402,528 | 251,870 | (227 | ) | 800,928 | 15,672 | 816,600 | ||||||||||||||||||||
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Write-offs |
(136,976 | ) | (300,183 | ) | (536,219 | ) | (565 | ) | (973,943 | ) | (20,063 | ) | (994,006 | ) | ||||||||||||||
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Effect of discounting (*1) |
(269 | ) | (21,390 | ) | (1,657 | ) | — | (23,316 | ) | — | (23,316 | ) | ||||||||||||||||
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Allowance related to loans sold |
(2,042 | ) | (58,719 | ) | (1,928 | ) | (402 | ) | (63,091 | ) | 16 | (63,075 | ) | |||||||||||||||
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Recoveries |
43,756 | 82,378 | 184,873 | 35 | 311,042 | 1,591 | 312,633 | |||||||||||||||||||||
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Others (*3) |
455 | (105,697 | ) | 3,431 | — | (101,811 | ) | (379 | ) | (102,190 | ) | |||||||||||||||||
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Ending balance |
358,026 | 1,334,308 | 604,236 | 14,034 | 2,310,604 | 63,733 | 2,374,337 | |||||||||||||||||||||
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| (*1) | Interest income from impaired financial assets |
| (*2) | Included allowance for due from banks and other assets |
| (*3) | Other changes were due to debt restructuring, debt-equity swap, and foreign exchange rate, etc. |