Total assets of banks South Korea 2011-2023

Published by L. Yoon, Jun 18, 2024

In 2023, the total assets of domestic banks in South Korea amounted to approximately 3,672 trillion South Korean won, showing an increase compared to the previous year. While the financial sector accounts for an increasingly large share of the South Korean economy, the total assets of domestic banks in South Korea have steadily increased in recent years.

Total assets of domestic banks in South Korea from 2011 to 2023 (in trillion South Korean won)

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Release date

June 2024

Region

South Korea

Survey time period

2011 to 2023

Supplementary notes

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

Figures have been rounded.

Includes national 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, Export-Import Bank of Korea). Foreign bank branches were excluded.

The release date used here is the access date.

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