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In total, there are 148 licensed banks operating in South Korea. The banking system is composed of 52 Commercial Banks (including Nationwide Banks, Local Banks, Foreign Bank Branches), 5 Specialized Banks and 91 Mutual Savings Banks (June 2013).
  • Open a bank account online Banks / Banking Groups in KOREA
  •  Published: 7
1
Bank of Korea (BOK) | Seoul

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The Bank of Korea (BOK) is the central bank of South Korea. The primary purpose of the Bank is the pursuit of price stability.
2
Hana Bank | Seoul

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Hana Bank is a wholly-owned subsidiary of Hana Financial Group Inc., the 4th largest commercial banking group in South Korea. Hana Bank is the third largest bank by asset value in South Korea. The Bank has a full line of personal banking products and services from checking and savings to loans and online banking. As on March 31, 2019, Hana Bank had a network of 663 branches and about 3,150 ATM.
3
KB Kookmin Bank | Seoul

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Kookmin Bank Co. Ltd. is the largest bank by both asset value and market capitalization in South Korea. Kookmin Bank is a part of KB Financial Group Inc., a Korea-based financial holding company engaged in the management of subsidiaries. Kookmin Bank has been recognized as the "Best Trade Finance Bank in Korea" by about 2019 by the Asian Banker Magazine.
4
KEB Hana Bank | Seoul

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KEB Hana Bank (former Korea Exchange Bank) is the largest bank in South Korea measured in assets and the largest foreign exchange bank in South Korea. KEB Hana Bank is a part of Hana Financial Group Inc.
5
Kwangju Bank | Gwangju

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Kwangju Bank Ltd. is a wholly-owned subsidiary of Woori Finance Holdings. Kwangju Bank is engaged in commercial banking activities in the area of Kwangju and the surrounding Cheonnam Province, as well as in the capital city of Seoul.
6
Shinhan Bank | Seoul

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Shinhan Bank is the leading bank in South Korea in terms of overall management. The Bank provides a wide range of financial products and services including checking and savings accounts, insurance, investments, mortgages, consumer financeis. Shinhan Bank is a part of the Shinhan Financial Group.
7
Woori Bank | Seoul

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Woori Bank Co., Ltd. (former Hanvit Bank) is one of the largest commercial banks in South Korea and is a part of the Woori Financial Group. The Bank operates through its business segments: Consumer Banking, Corporate Banking, Capital Markets, Investment Banking, Credit Card, and other operations.