Leading banks South Korea Q4 2022, by NIM

Includes nationwide commercial banks (Woori Bank, Standard Chartered Bank Korea, KB Kookmin Bank, Shinhan Bank, Citibank Korea, Hana Bank), regional banks (Daegu Bank, Busan Bank, Kwangju Bank, Jeju Bank, Jeonbuk Bank, Kyongnam Bank), specialized banks established by the government (Korea Development Bank, Industrial Bank of Korea, Nonghyup Bank, Suhyup Bank), and digital banks (K Bank, Kakao Bank, Toss Bank) in South Korea.

Foreign bank branches were excluded.

The net interest margin (NIM) is an important indicator for 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 assets.