South Korea Interest Rates

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.

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South Korea Banks

Showing rates for 10 Bank deposit providers in South Korea.
BankBranchFoundedOwnership
Shinhan Bank8301897Local
Industrial Bank Of Korea6291964Local
Hana Bank6001971Local
Standard Chartered Bank South Korea3561929Foreign
Citibank Korea2001967Foreign
Kyongnam Bank1661970Local
Kookmin Bank1,2001963Local
Woori Bank1,0001899Local
HSBC Korea1897Foreign
Korea Exchange Bank1967N/A