As of the third quarter of 2024, the value of mortgage loans provided by non-bank depository corporations in South Korea was approximately 105 trillion South Korean won. While this marks a slight increase from the previous year, the overall trend has been declining.
Mortgage loan value by non-bank depository corporations in South Korea from 1st quarter 2022 to 3rd quarter 2024
(in billion South Korean won)
Release date is the date of access. General and special banks are referred to as banking financial institutions whereas non-bank depository institutions fall under the umbrella of non-bank financial institutions. Much like regular banks, non-bank financial institutions (e.g., mutual savings banks) can perform many tasks such as deposits, installment savings, and loans. Despite some having the word "bank" in their names, these non-bank depository institutions cannot perform certain traditional bank tasks, such as foreign exchange.
1,000 South Korean won equals 0.68 U.S. dollars or 0.66 euros as of January 2025.Â
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Bank of Korea. (January 14, 2025). Mortgage loan value by non-bank depository corporations in South Korea from 1st quarter 2022 to 3rd quarter 2024 (in billion South Korean won) [Graph]. In Statista. Retrieved February 06, 2025, from https://www.statista.com/statistics/1400670/south-korea-mortgage-loans-by-non-bank-depository-corporations/?__sso_cookie_checker=failed
Bank of Korea. "Mortgage loan value by non-bank depository corporations in South Korea from 1st quarter 2022 to 3rd quarter 2024 (in billion South Korean won)." Chart. January 14, 2025. Statista. Accessed February 06, 2025. https://www.statista.com/statistics/1400670/south-korea-mortgage-loans-by-non-bank-depository-corporations/?__sso_cookie_checker=failed
Bank of Korea. (2025). Mortgage loan value by non-bank depository corporations in South Korea from 1st quarter 2022 to 3rd quarter 2024 (in billion South Korean won). Statista. Statista Inc.. Accessed: February 06, 2025. https://www.statista.com/statistics/1400670/south-korea-mortgage-loans-by-non-bank-depository-corporations/?__sso_cookie_checker=failed
Bank of Korea. "Mortgage Loan Value by Non-bank Depository Corporations in South Korea from 1st Quarter 2022 to 3rd Quarter 2024 (in Billion South Korean Won)." Statista, Statista Inc., 14 Jan 2025, https://www.statista.com/statistics/1400670/south-korea-mortgage-loans-by-non-bank-depository-corporations/?__sso_cookie_checker=failed
Bank of Korea, Mortgage loan value by non-bank depository corporations in South Korea from 1st quarter 2022 to 3rd quarter 2024 (in billion South Korean won) Statista, https://www.statista.com/statistics/1400670/south-korea-mortgage-loans-by-non-bank-depository-corporations/?__sso_cookie_checker=failed (last visited February 06, 2025)
Mortgage loan value by non-bank depository corporations in South Korea from 1st quarter 2022 to 3rd quarter 2024 (in billion South Korean won) [Graph], Bank of Korea, January 14, 2025. [Online]. Available: https://www.statista.com/statistics/1400670/south-korea-mortgage-loans-by-non-bank-depository-corporations/?__sso_cookie_checker=failed