NIM of Kakao Bank 2018-2023

Published by L. Yoon, Jun 28, 2024

In 2023, the net interest margin (NIM) of the South Korean Kakao Bank lay at 2.38 percent, 0.1 percentage points lower than in the previous year. While Kakao Bank's net interest margin declined in 2019, it has since shown an increase.

Net interest margin (NIM) of Kakao Bank from 2018 to 2023

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Release date

March 2024

Region

South Korea

Survey time period

2018 to 2023

Supplementary notes

The net interest margin (NIM) is an important indicator of the profitability of banks and financial institutions and is calculated as the difference between the interest received and interest paid relative to the average earning on assets.

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