Bank Loans (Local Currency) in South Korea

Bank loans reached KRW 2,144,785 bil in 2020 in South Korea, according to the National Central Bank. This is 11.0% more than in the previous year.

Historically, bank loans in South Korea reached an all time high of KRW 2,144,785 bil in 2020 and an all time low of KRW 1,845,261 bil in 2018.

South Korea has been ranked 3rd within the group of 106 countries we follow in terms of bank loans.