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Source
Release date
January 2025
Region
South Korea
Survey time period
Q4 2020 to Q3 2024
Special properties
based on new handling amount; mutual savings banks
Supplementary notes
General and special banks are referred to as banking financial institutions whereas mutual savings banks 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.
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