SAMLIP Removes Debt Guarantee of 24 Billion Won for Subsidiary SAMLIP GFS, Reducing Contingent Liabilities and Enhancing Financial Stability

SAMLIP corrected the disclosure regarding a debt guarantee for its subsidiary SAMLIP GFS on June 18, 2026, deleting the related filing.
The guarantee was set on May 26, 2015 for Shinhan Bank with a guarantee amount of 24 billion KRW and a debt amount of 20 billion KRW.
This correction reduces SAMLIP's contingent liabilities by approximately 24 billion KRW, improving financial soundness and lowering total guarantee balance to 159.9 billion KRW.
[AI Summary]SAMLIP's cancellation of a large debt guarantee for its subsidiary mitigates financial risk. The reduction in contingent liabilities is positive for shareholder value, especially as it removes a burden equivalent to 10.7% of equity, enhancing financial stability.