[Apha Biz=(Chicago) Reporter Paul Lee] Three Internet banks, Kakao Bank, K-Bank and Toss Bank, earned about 1 trillion won in interest income in the first half of this year alone, the report showed.

According to data submitted by the Financial Supervisory Service to Min Byung-duk of the Democratic Party of Korea, a member of the National Policy Committee of the National Assembly, the interest income of the three Internet banks stood at 983.2 billion won this year.

By bank, Kakao Bank was the largest with 529.7 billion won, followed by Toss Bank with 243.8 billion won and K-Bank with 209.7 billion won.

The interest income of the three Internet banks continues to increase to 465.7 billion won in the second half of 2021, 616 billion won in the first half of 2022 and 929.2 billion won in the second half of 2022.

 

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