Shareholders' equity of Kakao Bank 2016-2023

Published by L. Yoon, Jun 28, 2024

In 2023, the value of shareholders' equity of Kakao Bank amounted to around 6.12 trillion South Korean won, up from around 5.72 trillion South Korean 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 ten million customers within just two years after starting operations in July 2017.

Shareholders' equity of Kakao Bank from 2016 to 2023 (in trillion 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 euros as of July 2024. 

Figures have been rounded.

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