As of December 2024, South Korea had ** domestic banks and ** foreign bank branches. Additionally, the country had ** life insurance companies, ** non-life insurance companies, and eight credit card companies, among other financial institutions. The financial sector accounts for an increasingly large share of the South Korean economy.
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Financial Supervisory Service. (May 12, 2025). Number of financial institutions in South Korea as of September 2024, by type [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1248098/south-korea-number-of-financial-institutions-by-type/
Financial Supervisory Service. "Number of financial institutions in South Korea as of September 2024, by type." Chart. May 12, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1248098/south-korea-number-of-financial-institutions-by-type/
Financial Supervisory Service. (2025). Number of financial institutions in South Korea as of September 2024, by type. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1248098/south-korea-number-of-financial-institutions-by-type/
Financial Supervisory Service. "Number of Financial Institutions in South Korea as of September 2024, by Type." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 12 May 2025, /statistics/1248098/south-korea-number-of-financial-institutions-by-type/
Financial Supervisory Service, Number of financial institutions in South Korea as of September 2024, by type ÌÇÐÄÆƽâ°æ, /statistics/1248098/south-korea-number-of-financial-institutions-by-type/ (last visited July 31, 2026)
Number of financial institutions in South Korea as of September 2024, by type [Graph], Financial Supervisory Service, May 12, 2025. [Online]. Available: /statistics/1248098/south-korea-number-of-financial-institutions-by-type/
