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 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.
BankBranchFounded1 Year RateOwnership
Shinhan Bank8301897N/ALocal
Industrial Bank Of Korea6291964N/ALocal
Hana Bank6001971N/ALocal
Standard Chartered Bank South Korea3561929N/AForeign
Citibank Korea2001967N/AForeign
Kyongnam Bank16619701.50%Local
Kookmin Bank1,2001963N/ALocal
Woori Bank1,0001899N/ALocal
HSBC Korea18972.00%Foreign
Korea Exchange Bank1967N/AN/A