foreign banks-2025 earnings

Net profit of foreign banks in S. Korea dips nearly 6 pct in 2025

SEOUL, March 24 (Yonhap) -- Foreign bank branches in South Korea suffered a nearly 6 percent drop in their earnings last year as high financial costs, coupled with valuation losses from their equities holdings, ate into their bottom lines, data showed Tuesday.

The combined net profit of 32 foreign banks here came to 1.68 trillion won (US$1.11 billion) in 2025, down 103 billion won, or 5.8 percent, from the net income of 1.78 trillion won a year earlier, according to the data from the Financial Supervisory Service (FSS).

The on-year fall came as the local branches of the foreign banks logged a 4.7 percent on-year decline in their interest income at 914 billion won last year.

They also suffered a 2 percent dip in their non-interest income at 2.49 trillion won.

Their total assets stood at 450.1 trillion won at the end of December.

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