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Bank Loans (Local Currency) in South Korea

Source: IMF
Last Updated: July 26, 2023

Bank loans reached KRW 2,251,220 bil in second quarter of 2021 in South Korea, according to the National Central Bank. This is 2.51% more than in the previous quarter.

Historically, bank loans in South Korea reached an all time high of KRW 2,251,220 bil in 2Q2021 and an all time low of KRW 1,174,511 bil in 1Q2010.

South Korea has been ranked 3rd within the group of 101 countries we follow in terms of bank loans.

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