According to a survey conducted in South Korea in 2019, around 37.6 percent of the respondents in their 20s said they preferred digital banks, the highest percentage across all age groups. It was clear to see that the preference for digital banks increased the younger the respondents were. Respondents over the age of 70 overwhelmingly preferred traditional banks, at 87 percent.
Preferred type of bank in South Korea in 2019, by age group
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Bank of Korea. (March 10, 2020). Preferred type of bank in South Korea in 2019, by age group [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1235819/south-korea-preferred-type-of-bank-by-age/
Bank of Korea. "Preferred type of bank in South Korea in 2019, by age group." Chart. March 10, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1235819/south-korea-preferred-type-of-bank-by-age/
Bank of Korea. (2020). Preferred type of bank in South Korea in 2019, by age group. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1235819/south-korea-preferred-type-of-bank-by-age/
Bank of Korea. "Preferred Type of Bank in South Korea in 2019, by Age Group." Statista, Statista Inc., 10 Mar 2020, https://www.statista.com/statistics/1235819/south-korea-preferred-type-of-bank-by-age/
Bank of Korea, Preferred type of bank in South Korea in 2019, by age group Statista, https://www.statista.com/statistics/1235819/south-korea-preferred-type-of-bank-by-age/ (last visited December 22, 2024)
Preferred type of bank in South Korea in 2019, by age group [Graph], Bank of Korea, March 10, 2020. [Online]. Available: https://www.statista.com/statistics/1235819/south-korea-preferred-type-of-bank-by-age/
