Press Releases

Dept.	Ongoing Surveillance Team II	Date	22/02/2006
File	The Analysis of Banking Sector in 2005.pdf
Subject	The Analysis of Banking Sector in 2005
1. Asset Growth At the end of 2005, the total assets of domestic banks rose by 7.8%, up to KRW 1,217.9 trillion from KRW 88.4 trillion compared to that of a year earlier. This can be considered as a substantial increase relative to last year's growth rate of 0.8%. 2. Profitability The net income of domestic banks in 2005 set a historical record of KRW 13.4 trillion, rising by 54.0% (KRW 4.7 trillion) compared to KRW 8.7 trillion. 3. Asset Quality At the end of 2005, bad loans (substandard or below) decreased to KRW 9.6 trillion from KRW 13.6 trillion. 4. Productivity At the end of 2005, the total number of employees of domestic banks went down to 124,000 decreasing by 1.1%. For the further information, you may refer to the attached document.

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