T3: Institutions offering payment services / instruments Source
(units, unless otherwise stated; end of year)
«Korea»
 Year
« ‹ 2015 › »
 2011 2012 2013 2014 2015
Total number of institutions offering
 payment services/instruments		nap3,8373,8093,7343,737
Breakdown of 'total number of institutions offering
 payment services/instruments' by category
Central banknap1111
Number of branches or officesnap17171717
Number of payment accountsnap339340340354
Value of payment accounts (KRW billions)nap34,01140,89241,39843,426
Banks
Total number of entitiesnap57575759
Number of branches or officesnap7,9087,8197,6217,512
Number of payment accounts (thousands)nap33,86937,26739,00835,809
Partial breakdown of 'banks, number of payment accounts'
Of which: internet-linked (thousands)napnavnavnavnav
Value of payment accounts (KRW billions) 1nap100,933111,406122,815155,419
Breakdown of 'banks' by subcategory
Domestically licensed banks
Total number of entitiesnap13131312
Number of branches or officesnap5,7675,6665,4875,380
Number of payment accounts (thousands)napnavnavnavnav
Value of payment accounts (KRW billions)nap65,90373,31576,86692,616
Special purpose banks
Total number of entities 2nap5555
Number of branches or officesnap2,0682,0802,0702,065
Number of payment accounts (thousands)napnavnavnavnav
Value of payment accounts (KRW billions)nap32,83035,35142,88458,022
Bank type III
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (KRW billions)napnapnapnapnap
Bank type IV
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (KRW billions)napnapnapnapnap
Bank type V
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (KRW billions)napnapnapnapnap
Bank type VI
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (KRW billions)napnapnapnapnap
Bank type VII
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (KRW billions)napnapnapnapnap
Bank type VIII
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (KRW billions)napnapnapnapnap
Branches of foreign banks
Total number of entitiesnap39393942
Number of branches of foreign banksnap73736467
Number of payment accounts (thousands)napnavnavnavnav
Value of payment accounts (KRW billions)nap2,2002,7403,0664,781
Non-banks offering payment services/instruments
Total number of entitiesnapnavnavnav3,677
Breakdown of 'non-banks offering payment services/
 instruments, total number of entities' by subcategory
Non-banks offering storage of value
 (on a payment account or on a device)
Total number of entities 3nap3,7793,7513,6763,605
Number of branches or officesnap11,08910,88110,45610,299
Number of payment accounts (thousands)napnavnavnavnav
Value of payment accounts (KRW billions) 4nap55,73856,08763,86574,805
Non-banks relying on storage of value on payment
 accounts or on a device offered by others
Total number of entities 5napnavnavnav72
MEMO: FOCUS on E-MONEY
Total number of e-money issuersnap3333
Partial breakdown of 'total number of e-money issuers'
 by type of institution
Of which: non-banksnap3333
Total outstanding e-money value (KRW billions)nap1111109
Partial breakdown of 'total outstanding e-money value'
 by type of institution
Of which: issued by a non-bank (KRW billions)napnavnavnavnav
 1 Demand deposits only. 2 Korea Development Bank, Industrial Bank of Korea, Export-Import Bank of Korea, Nonghyup and National Federation of Fisheries. 3 Mutual Savings Banks, Credit Unions, Mutual Credits and Community Credit Cooperatives, Korea Post and Financial investment companies. 4 Demand deposit, Customer's deposit and Cash Management Accounts. 5 This number is the sum of electronic funds transfer service providers, electronic payment settlement agency etc which are registered as electronic fiancial business entity by Financial Service Commision.
Sources: Bank of Korea; Financial Supervisory Service.