"Net Interest Income, This Bank Leads the Pack"...Financial Supervisory Service Upgrades Statistics System

Overview of Business Operations and Asset Holdings at a Glance
Financial Statistics Information System, Once Just Numbers
Now Improved for Easy Viewing with Colors and Shapes

"If you look at the net interest income of commercial banks, KB Kookmin Bank has the largest amount among all banks. As for the growth rate, Toss Bank is the highest."

As a result of searching for the net interest income of commercial banks using the Dynamic Interactive Visualization Analysis system (DIVA) of the Financial Statistics Information System, disclosed by the Financial Supervisory Service on the 2nd. Financial Supervisory Service

The Financial Supervisory Service unveiled the revamped user interface (UI) of its Financial Statistics Information System, named the Dynamic Interactive Visualization Analysis system (DIVA), on September 2.

Choi Hyunpil, head of the Future Finance Research Team at the Financial Market Stability Bureau of the Financial Supervisory Service, held a demonstration for reporters the previous day, showing for 30 minutes how to use DIVA to search for key indicators.

DIVA has been newly added next to the "Financial Statistics Information" menu on the Financial Supervisory Service website. While the data remains the same as in the Financial Statistics Information System, it has been improved for easier viewing of long-term time series in 10-year increments. A "treemap" interface divides the view into time series, company (financial institution), and account/item. In simple terms, it allows users to see an overview of financial companies' business operations and asset holdings at a glance.

The size (such as amount) and recent changes (for example, the current figure compared to the same period last year) for each item are represented by the size and color of each box. The system is also designed to be easily searchable for financially and digitally vulnerable groups. Higher values are shown in red, lower values in blue, and the deeper the color, the larger the figure. The larger the square representing a financial company, the greater its share in the overall industry.

Financial Supervisory Service Headquarters, Yeouido, Yeongdeungpo-gu, Seoul. Financial Supervisory Service

Choi searched for "net interest income" under the domestic banks' profit and loss menu in front of reporters. Net interest income is the value obtained by subtracting interest expenses from interest income. It is a key profitability indicator driving the strong performance of banks these days. Following Choi's demonstration, it was easy to see at a glance the net interest income of commercial banks, specialized banks, regional banks, and internet banks; each bank's share of total net interest income among domestic banks; and the year-on-year growth rate.

As of the end of the first quarter (March 31), KB Kookmin Bank had the highest net interest income at 984.41 billion won, accounting for the largest share at 16.6%. Toss Bank recorded a net interest income of 79.28 billion won, with the highest growth rate at 28.2% (an increase of 17.42 billion won).

According to Choi, DIVA is a platform that general financial consumers can use for reference. Regular inspections, ad-hoc audits, and on-site checks are based on detailed information not disclosed to the public. However, DIVA is useful for improving research efficiency, as it allows users to view long-term time series at a glance.

Choi explained, "You can think of it as a public platform with a UI designed to provide an overview of long-term time series for specific data," adding, "Rather than focusing on breaking news, we made it easier to track long-term trends." He also noted, "For data as of the end of June (the end of the second quarter), it is expected to be available around the end of this month."

According to the Financial Supervisory Service, DIVA allows quick access to 15,438 account items from 4,933 financial companies. The information provided will gradually be expanded according to demand. Users can simply turn on DIVA to check the vast financial data, without needing to download it themselves.

A Financial Supervisory Service official stated, "We expect DIVA to greatly enhance the convenience and utility for information seekers such as financial consumers, industry professionals, students, and researchers," adding, "The Financial Supervisory Service will continue to pursue work innovation using data technology to improve financial consumers' access to information."

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