 
  South Korea’s K-Bank quadruples net income in 2022: report
The neobank now has 8.49 million customers.
K-Bank, a South Korean internet-only bank, saw its net income quadruple to a record high in 2022, reports Yonhap News Agency, based on a press announcement released by the lender.
The bank reported a net income of $64m (KRW83.6b) in 2022, compared to KRW22.5b in 2021.
This is the second straight year that KBank reported a profit since it was launched in 2017, reports Yonhap.
It now has 8.49 million customers, up from 1.32 million in 2021.
The amount of deposits KBank holds rose 29.2% in 2022 compared to the previous year, at KRW14.63t.
 
						 
						 
						 
						![Lorem Ipsum [ABF 1]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/exclusive_featured_article/public/2025-03/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_1.png.webp?itok=2w0y1WhS) 
                                                           
                                                           
                                                          ![Cross Domain [Manu + SBR + ABF + ABR + FMCG + HBR + ]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/exclusive_featured_article/public/2025-01/earth-3537401_1920_4.jpg.webp?itok=WaRpTJwE) 
                                                           
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
								 
						 
								 
						 
								 
								 
						 
						 
                