Financial Supervisory Service As the integrated supervisory authority, the FSS oversees financial services firms across
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  • As of year-end 2021, there were 123 credit-specialized financial companies (CSFCs) excluding credit card companies. The CSFCs’ aggregate assets came in at KRW207.4 trillion at the end of December 2021, up KRW26.3 trillion or 14.5% from the same period a year earlier. Inherent business assets increased KRW6.1 trillion year on year as assets have risen in car leasing and venture capital business. Loan assets also expanded KRW17.6 trillion as loans to the real estate and construction industries compared to the previous year.

  • As of year-end 2021, the number of credit cards issued by credit card companies (CCCs) and banks came to 117.69 million, 3.5% greater than in the previous year. When it came to check (debit) cards, the cumulative number of issued cards came to 106.11 million in total, 3.6% less than a year earlier.

  • As of end-June 2021, there were 114 credit-specialized financial companies (CSFCs) excluding credit card companies. The CSFCs’ aggregate assets came in at KRW193.6 trillion at the end of June 2021, up KRW22.4 trillion or 13.1% from the same period a year earlier. Inherent business assets grew KRW5.2 trillion to KRW69.6 trillion year on year as assets increased in facility leasing and venture capital business. Loan assets also expanded KRW16.1 trillion to KRW95.9 trillion as both business and household loans increased from a year earlier.

  • As of end-June 2021, the number of credit cards issued by credit card companies (CCCs) and banks came to 115.46 million, 2.6% greater than the same period a year earlier. When it came to check (debit) cards, the cumulative number of issued cards came to 107.55 million in total, 3.6% less than in the previous year.

  • The aggregate assets of 79 savings banks came in at KRW102.4 trillion at the end of June 2021, up KRW10.4 trillion or 11.3% from KRW92.0 trillion at the end of December 2020. In particular, loans expanded KRW10.4 trillion or 13.4% from KRW77.6 trillion to KRW88.0 trillion. Meanwhile, shareholders’ equity grew KRW1.6trillion or 11.1% from KRW10.4 trillion to KRW11.5 trillion. Retained gains grew by KRW0.9 trillion, which contributed to the growth in shareholders’ equity.

  • As of year end 2020, there were 112 credit specialized financial companies (CSFCs) excluding credit card companies. The CSFCs’ aggregate assets came in at KRW181.1 trillion at the end of December 2020, up KRW19.4 trillion or 12.0 % from the same period a year ago. Inherent business assets grew KRW5.1 trillion to KRW67.3 trillion as assets increased in facility leasing and installment financing. Loan assets also increased KRW9.1 trillion to KRW85.8 trillion mainly due to the growth of business loans.

  • The aggregate assets of 79 savings banks came to KRW92.0 trillion at the end of December 2020, up KRW14.8 trillion or 19.2% from KRW77.2 trillion a year earlier. In particular, loans increased by KRW12.6 trillion or 19.4% from KRW65.0 trillion to KRW77.6 trillion year on year. Meanwhile, shareholders’ equity expanded KRW1.4 trillion or 15.2% from 9.0 trillion to KRW10.4 trillion. Retained gains grew KRW1.2 trillion, which contributed to the growth in shareholders’ equity.

  • As of year-end 2020, the number of credit cards issued by credit card companies (CCCs) and banks came to 113.73 million, 2.5% greater than the same period a year ago. When it came to check (debit) cards, the cumulative number of issued cards came to 110.07 million in total, 0.8% less than in the previous year.

  • The aggregate assets of 79 savings banks came to KRW85.3 trillion at the end of September 2020, up KRW8.1 trillion or 10.6% from KRW77.2 trillion at the end of 2019. In particular, loans expanded 12.6% from KRW65.0 trillion to KRW73.2 trillion during the same period. In addition, shareholders’ equity grew KRW920.0 billion or 10.2% from KRW9.0 trillion to KRW10.0 trillion. Retained gains increased KRW85.30 billion compared to the end of 2019, which contributed to the growth in shareholders’ equity.

  • As of end-June 2020, there were 110 credit-specialized financial companies (CSFCs) excluding credit card companies. The CSFCs’ aggregate assets came in at KRW171.2 trillion at the end of June 2020, up KRW18.6 trillion or 12.2% from the same period a year ago. Inherent business assets grew KRW6.1 trillion to KRW64.4 trillion as assets increased in every sector from facility leasing to installment financing and to venture capital business. Loan assets also increased KRW8.1 trillion to KRW79.8 trillion mainly due to the growth of business loans.