In fiscal year 2023, total domestic bank deposits in South Korea amounted to approximately 2,345 trillion South Korean won, up from around 2,285 trillion won in the previous year. The total deposits of South Korean banks have steadily increased in recent years.
Total deposits of domestic banks in South Korea from fiscal year 2011 to 2023
(in trillion South Korean won)
*South Korea’s fiscal year starts on January 1 and ends on December 31.
**The deposits of the two digital banks were included from 2017.
Includes commercial banks (KB Kookmin Bank, Shinhan Bank, Woori Bank, Hana Bank, Standard Chartered Bank Korea, Citibank Korea), regional banks (Kyongnam Bank, Kwangju Bank, Daegu Bank, Busan Bank, Jeonbuk Bank, Jeju Bank), digital banks (K Bank, Kakao Bank, Toss Bank), and specialized banks established by the government (Nonghyup Bank, Suhyup Bank, Industrial Bank of Korea, Korea Development Bank). Foreign bank branches were excluded.
1,000 South Korean won equals 0.73 U.S. dollars or 0.67 euro as of June 2024.
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Financial Supervisory Service. (June 18, 2024). Total deposits of domestic banks in South Korea from fiscal year 2011 to 2023 (in trillion South Korean won) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1242033/south-korea-total-deposits-of-domestic-banks/
Financial Supervisory Service. "Total deposits of domestic banks in South Korea from fiscal year 2011 to 2023 (in trillion South Korean won)." Chart. June 18, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1242033/south-korea-total-deposits-of-domestic-banks/
Financial Supervisory Service. (2024). Total deposits of domestic banks in South Korea from fiscal year 2011 to 2023 (in trillion South Korean won). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1242033/south-korea-total-deposits-of-domestic-banks/
Financial Supervisory Service. "Total Deposits of Domestic Banks in South Korea from Fiscal Year 2011 to 2023 (in Trillion South Korean Won)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/statistics/1242033/south-korea-total-deposits-of-domestic-banks/
Financial Supervisory Service, Total deposits of domestic banks in South Korea from fiscal year 2011 to 2023 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1242033/south-korea-total-deposits-of-domestic-banks/ (last visited November 21, 2024)
Total deposits of domestic banks in South Korea from fiscal year 2011 to 2023 (in trillion South Korean won) [Graph], Financial Supervisory Service, June 18, 2024. [Online]. Available: https://www.statista.com/statistics/1242033/south-korea-total-deposits-of-domestic-banks/
