South Korea Interest Rates

South Korea Banks

BankBranchFounded1 Year RateOwnership
HSBC Korea18972.00%Foreign
Kookmin Bank1,2001963N/ALocal
Woori Bank1,0001899N/ALocal
Hana Bank6001971N/ALocal
Standard Chartered Bank South Korea3561929N/AForeign
Korea Exchange Bank1967N/AN/A
Kyongnam Bank16619701.90%Local
Citibank Korea2001967N/AForeign
Shinhan Bank8301897N/ALocal
Industrial Bank Of Korea6291964N/ALocal

South Korea Deposits

BankBranchFoundedInterest RateChangeCurrencyLast Updated
HSBC Korea18972.00% - KRWJun 2015
Kyongnam Bank16619701.90% - KRWJun 2015

South Korea Savings Accounts

BankBranchFoundedInterest RateChangeCurrencyLast Updated
HSBC Korea18971.40% - KRWJun 2015

Economy

Compare Bank Deposit Rates in South Korea

The South Korean economy with a population of 48.8 Million (Est 2010) ranks 12th in the world with a GDP PPP of 1.36 trillion and GDP PPP per capita of 27,938 vs 45,934 (United States) according to the IMF in 2009. Its currency is the South Korean won (₩)(KRW). Bank deposits held for a fixed term in South Korea are called time deposits. According to CIA.gov its inflation was 4.7% in 2008 and 2.8% in 2009.