Average bank loans reached KRW 2,038,777 bil in 2020 in South Korea, according to the National Central Bank. This is 7.93% more than in the previous year.
Historically, average bank loans in South Korea reached an all time high of KRW 2,038,777 bil in 2020 and an all time low of KRW 1,889,015 bil in 2019.
South Korea has been ranked 3rd within the group of 106 countries we follow in terms of average bank loans.
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