Total liabilities of Kakao Bank 2016-2023

Published by L. Yoon, Jun 4, 2024

In 2023, the total liabilities of Kakao Bank amounted to around 48.4 trillion South Korean won, up from about 33.8 trillion won in the previous year. Founded in January 2016 as one of the first digital (internet-only) banks in South Korea, Kakao Bank attracted over 10 million customers within just two years after starting operations in July 2017.

Total liabilities of Kakao Bank from 2016 to 2023 (in billion South Korean won)

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Release date

March 2024

Region

South Korea

Survey time period

2016 to 2023

Supplementary notes

*The figure for 2016 relates to the period from January 22 to December 31, 2016.

1,000 South Korean won equals 0.73 U.S. dollars or 0.67 euro as of June 2024. 

Figures have been rounded.

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