Number of financial institutions South Korea 2023, by type

Published by L. Yoon, Mar 5, 2024

As of September 2023, there were 54 banks in South Korea. There were also 53 insurers, 935 investment companies, 169 credit-specialized financial companies, 79 mutual savings banks, 2,214 credit unions and cooperatives, and ten financial holding companies in South Korea. The financial sector accounts for an increasingly large share of the South Korean economy.

Number of financial institutions in South Korea as of September 2023, by type

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Release date

March 2024

Region

South Korea

Survey time period

September 2023

Supplementary notes

The release date used here is the access date.

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Statistics on " Financial industry in South Korea "

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Other statistics that may interest you Financial industry in South Korea

Overview

5

Banking industry

8

Insurance industry

8

Asset management industry

6

Investment advisory industry

5

Securities industry

5

Credit card industry

7

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Financial industry in South KoreaFintech in South KoreaMobile banking in South KoreaBanking industry in South KoreaMobile payments in South Korea
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