banks-overseas business

Banks' net income from overseas business edges up in 2025

SEOUL, May 21 (Yonhap) -- South Korean banks' net income from overseas business slightly increased 2.3 percent from a year earlier in 2025, backed by a rise in interest incomes, data showed Thursday.

The combined net income of domestic banks' overseas operations came to US$1.65 billion last year, compared with a net profit of $1.61 billion the previous year, according to the data from the Financial Supervisory Service.

The net profit from overseas accounted for 9.8 percent of their total income at 24.1 trillion won, the data showed.

Their return on assets, which shows the companies' profitability in relation to their total assets, declined to 0.71 percent in 2025 from 0.74 percent the previous year, with their total assets growing 7.4 percent to $233.13 billion over the cited period.

The ratio of loans classified as substandard or below (SBLs) held by overseas businesses stood at 1.36 percent as of year-end 2025, down 0.1 percentage point from a year earlier, according to the financial regulator.

As of end-2025, domestic banks were operating 211 subsidiaries, local branches and offices in 41 countries, according to the latest findings.

(END)

[ⓒ K-VIBE. 무단전재-재배포 금지]