Last Year, Internet Banking Transactions Surpassed 70 Trillion Won... Average Daily Loan Amount Also Reached 750 Billion Won

[Asia Economy Reporter Seo So-jeong] Due to the impact of COVID-19, the amount used for internet banking last year surpassed 70 trillion won for the first time ever. The average daily loan amount disbursed through internet banking also exceeded 750 billion won.

According to the "2021 Domestic Banks Internet Banking Service Usage Status" announced by the Bank of Korea on the 2nd, the average daily internet banking usage amount and number of transactions for 19 domestic banks and Korea Post Savings customers last year were 70.5541 trillion won and 17.32 million transactions, respectively, increasing by 19.6% and 18.0% compared to the previous year.

The average daily loan application amount through internet banking was 754.5 billion won, up 56.9% from the previous year, and the number of transactions was 31,000, up 47.6%.

The amount and number of fund transfers through internet banking also increased by 19.3% and 17.9%, reaching 69.7997 trillion won and 17.29 million transactions, respectively.

The amount used for mobile banking, among all internet banking, surged 36.6% from the previous year to 12.8575 trillion won, surpassing 12 trillion won for the first time. The number of transactions also increased by 22.9% to 14.36 million.

The share of mobile banking in the total number of internet banking transactions recorded 82.9%.

The total number of registered internet banking customers was 190.86 million, an increase of 9.4% compared to the end of the previous year. Among them, the number of registered mobile banking customers was 153.37 million, increasing by 13.5% during the same period.

This content was produced with the assistance of AI translation services.