mainly to an increase in net fees and service income, with contributions from loan-related fees, bancassurance and mutual funds as well as fee income from underwriting commitments, while gains on

-term Short-term Long-term Short-term Long-term Short-term Investment Grade Highest Credit Quality - exceptionally strong capacity for payment of financial commitments AAA A1+ A1 A2 A3 Aaa P1 P2 P3 AAA F1

import bills 19,122 19,041 15,307 0.4% 24.9% Letters of credit 38,166 35,822 34,226 6.5% 11.5% Other commitments Underwriting commitments - - 1,199 - (100.0)% Amount of unused bank overdrafts 171,623

35,623 (11.4)% (11.9)% Other commitments Underwriting commitments - 1,950 - (100.0)% - Amount of unused bank overdrafts 173,133 175,078 175,893 (1.1)% (1.6)% Other guarantees 264,894 272,948 267,989 (3.0

commitments Underwriting commitments 3,820 - - 100.0% 100.0% Amount of unused bank overdrafts 176,188 173,133 175,893 1.8% 0.2% Other guarantees 263,485 264,894 267,989 (0.5)% (1.7)% Others 97,230 113,033

19,650 20,445 34.0% 28.8% Liability under unmatured import bills 17,681 15,307 16,394 15.5% 7.9% Letters of credit 35,857 34,226 31,803 4.8% 12.7% Other commitments Underwriting commitments 249 1,199 1,098

)% Other commitments Underwriting commitments 324 149 - 117.4% 100.0% Amount of unused bank overdrafts 167,906 170,491 170,329 (1.5)% (1.4)% Other guarantees 261,309 265,071 270,320 (1.4)% (3.3)% Others

for shareholders. As of December 31, 2016, debt to equity ratio of the Company Group and the Company were 0.2 : 1 (255 = 0.27: 1) and 0.2 : 1 (255 = 0.2 :1), respectively. Commitments Liabilities As of

loan commitments and financial guarantee contracts. Recognition of allowance for doubtful accounts uses expected credit loss model. As a result of this, the allowance for doubtful accounts is recognized

% Liability under unmatured import bills 15,307 16,394 19,610 (6.6)% (21.9)% Letters of credit 34,226 31,803 35,400 7.6% (3.3)% Other commitments Underwriting commitments 1,199 1,098 1,950 9.2% (38.5)% Amount