South Korea: total loans granted by domestic banks 2022

In fiscal year 2022, the value of total loans granted by domestic banks in South Korea amounted to approximately 2,412 trillion South Korean won, up from around 2,268 trillion South Korean won in the previous year. The value of bank loans granted by South Korean banks has increased steadily in recent years.

Total loans granted by domestic banks in South Korea from fiscal year 2011 to 2022 (in trillion South Korean won)

Characteristic	Total loans in trillion South Korean won
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Release date

June 2023

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Region

South Korea

Survey time period

FY 2011 to FY 2022*

Supplementary notes

*South Korea’s fiscal year starts on January 1 and ends on December 31.

**The total loans of the two digital banks were included from 2017.

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

1,000 South Korean won equals 0.76 U.S. dollars or 0.71 euro as of June 2023.

Figures have been rounded.

The release date used here is the access date.

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