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Net income of domestic banks South Korea 2015-2021

Published by L. Yoon, Apr 28, 2022
In 2021, the net income of domestic banks in South Korea amounted to approximately 16.9 trillion South Korean won, showing an increase compared to the previous year. The decrease in 2020 was partly due to increased bad debt allowances as a result of the COVID-19 pandemic.

Net income of domestic banks in South Korea from 2015 to 2021 (in trillion South Korean won)

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Release date

March 2022

Region

South Korea

Survey time period

2015 to 2021

Supplementary notes

*Preliminary figures.

Includes commercial banks (nationwide and regional banks), specialized banks, and digital banks in South Korea. Foreign bank branches were excluded.

1,000 South Korean won equals 0.82 U.S. dollars or 0.74 euros as of April 2022.

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