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Preferred type of bank in South Korea in 2019, by age group

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Source

Release date

March 2020

Region

South Korea

Survey time period

October 28 to December 4, 2019

Number of respondents

396 respondents*

Age group

20 years and older

Supplementary notes

*Respondents who used both traditional and digital banks.

Citation formats

Bank types preferred South Korea 2019, by age

Published by K. Scholle, May 27, 2021
According to a survey conducted in South Korea in 2019, around **** percent of the respondents in their *** said they preferred digital banks, the highest percentage across all age groups. It was clear to see that the preference for digital banks increased the younger the respondents were. Respondents over the age of ** overwhelmingly preferred traditional banks, at ** percent.
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